Raytheon awarded $71 million in Navy contracts for missile systems
Investing.com - Stifel has increased its price target on Hillman Solutions Corp. (NASDAQ:HLMN) to $12.00 from $10.75 while maintaining a Buy rating on the stock. Currently trading at $9.97, Hillman, with a market capitalization of $1.97 billion, appears undervalued according to InvestingPro analysis.
The price target adjustment follows Hillman’s second-quarter 2025 performance, which triggered a 22.6% jump in the company’s share price, significantly outperforming the S&P 500’s 2.7% gain during the same period.
Stifel noted that Hillman’s upgraded full-year 2025 guidance and initial commentary on fiscal year 2026 demonstrate the company has secured new business wins that should help it navigate through extended market challenges.
The research firm highlighted that Hillman’s hardware solutions and robotics display systems are outperforming key customers, with Home Depot and Lowe’s reporting accelerated comparable sales in July.
Stifel expressed increased conviction in its Hillman recommendation, noting that the company’s near-term strength does not depend on a broad recovery in the home improvement category.
In other recent news, Hillman Solutions Corp reported its second-quarter 2025 earnings, surpassing market expectations with an earnings per share (EPS) of $0.17, which exceeded the forecast of $0.14 by 21.43%. The company’s revenue also outperformed projections, reaching $402.8 million compared to the anticipated $390.34 million. Sales in the Hardware and Protective Solutions segment increased by 9% year-over-year, while the Robotics and Digital Solutions segment saw a 2% growth. Hillman Solutions raised its full-year 2025 guidance, attributing the change to improved clarity on tariffs and reduced uncertainty. Canaccord Genuity responded by raising its price target for Hillman Solutions to $15.00 from $13.00, maintaining a Buy rating. These recent developments reflect a positive outlook for the company, as indicated by the revised guidance and analyst upgrades.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.