Hillman Just Posted a Record $425 Million in Quarterly Sales and One Fund Bought 718,000 Shares | The Motley Fool

On November 14, North Carolina-based Anchor Capital Management Company reported buying 717,772 shares of Hillman Solutions ( HLMN +0.22%), an estimated $8.0 million position increase, per SEC filings. What Happened Anchor Capital Management Company disclosed a significant increase in its stake in Hillman Solutions ( HLMN +0.22%), according to a Form 13F filed with the U.S. Securities and Exchange Commission on November 14. The firm added 717,772 shares during the third quarter, bringing its total position to 1.42 million shares valued at $13.0 million as of September 30. What Else to Know This buy raised Hillman Solutions to 11.2% of Anchor Capital Management Company’s 13F assets under management. Top holdings post-filing: NASDAQ:LIND: $24.5 million (21.1% of AUM) NYSE:SXI: $20.9 million (17.9% of AUM) NASDAQ:VITL: $14.7 million (12.7% of AUM) NASDAQ:HLMN: $13.0 million (11.2% of AUM) NASDAQ:IRDM: $12.8 million (11.1% of AUM) As of Wednesday, Hillman Solutions shares were priced at $8.99, down 9% over the past year and well underperforming the S&P 500, which is up about 15% in the same period. Company Overview Metric Value Revenue (TTM) $1.54 billion Net income (TTM) $37.5 million Price (as of Wednesday) $8.99 One-year price change (9%) Company Snapshot Hillman Solutions offers a comprehensive portfolio of hardware products, fasteners, wall hangings, safety and signage items, and related accessories under multiple proprietary brands The company generates revenue primarily through direct sales of hardware and related products, as well as value-added merchandising services to retail and industrial customers It serves hardware stores, home centers, mass merchants, pet supply retailers, and industrial original equipment manufacturers across North America Hillman Solutions is a leading North American provider of hardware products and related merchandising services. The company leverages a diverse brand portfolio and integrated supply chain to address the needs of both retail and industrial customers. Its broad product assortment and established customer relationships underpin its competitive position in the hardware and fastener distribution market. Foolish Take While Hillman stock has lagged the market, the business itself is quietly delivering its strongest results in decades, creating the kind of setup value-oriented funds tend to lean into. In the third quarter, Hillman posted record net sales of $424.9 million, up 8% year over year, and record adjusted EBITDA of $88 million, a sharp increase from $64.8 million a year earlier. Adjusted diluted EPS rose to $0.22 from $0.13, and management raised full-year adjusted EBITDA guidance to a range of $270 million to $275 million while holding its sales outlook steady. Just as important, net debt to trailing EBITDA improved to 2.5 times, reinforcing balance-sheet flexibility at a time when many industrial names are still deleveraging. Against that backdrop, Hillman now sits as one of the larger positions in a portfolio otherwise anchored by Standex, Vital Farms, and Iridium. In other words, this is not a momentum fund chasing short-term upside. It is a portfolio that favors durable cash generation, improving leverage, and operational resilience. For patient investors, Hillman’s combination of record profitability, steady demand for repair and maintenance products,...

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