Hillman Group Breaks Ground on New Facility in Ohio
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: Newsfilter
- Groundbreaking Ceremony: Hillman Group and Hillwood Investment Properties held a groundbreaking ceremony at the former Forest Fair Mall site in Forest Park, Ohio, marking a significant milestone in transforming the long-vacant property into a modern multipurpose facility, which is expected to enhance the company's operational efficiency across North America.
- Facility Size: The planned Class A facility will span approximately 715,000 square feet, primarily serving as a distribution center and office support functions, with the potential for an additional 162,000 square feet expansion in the future, thereby increasing Hillman's market flexibility and responsiveness.
- Community Commitment: Hillman's CEO Jon Michael Adinolfi stated that this groundbreaking represents the company's long-term commitment to its employees, customers, and the communities it has served, emphasizing the importance of Forest Park in Hillman's history and its role in driving future business growth.
- Economic Development Confidence: The project is supported by multiple partners, including the City of Forest Park, Butler County Land Bank, and the Ohio Department of Development, showcasing Hillman's confidence in the region's economic development and is expected to boost economic vitality in Hamilton County.
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Analyst Views on HLMN
Wall Street analysts forecast HLMN stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 7.740
Low
10.00
Averages
13.05
High
15.00
Current: 7.740
Low
10.00
Averages
13.05
High
15.00
About HLMN
Hillman Solutions Corp. is a provider of hardware-related products and related merchandising services to retail markets in North America. The Company's segments include Hardware and Protective Solutions, Robotics and Digital Solutions, and Canada. The Hardware and Protective Solutions segment includes a variety of product categories including fasteners, builders hardware, wall hanging, threaded rod and metal shapes; rope and chain; letters, numbers, and signs (LNS); and personal protective equipment, such as gloves and eyewear. The Robotics and Digital Solutions segment consists primarily of software-enabled robotic key duplication and engraving solutions that are tailored to the needs of the consumer. The Canada segment distributes fasteners and related hardware items, threaded rods, keys, key duplicating systems, accessories, and identification items, such as tags and letters, numbers, and signs to hardware stores, home centers, mass merchants, and industrial distributors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Hillman Group Breaks Ground on New Facility in Ohio
- Groundbreaking Ceremony: Hillman Group and Hillwood Investment Properties held a groundbreaking ceremony at the former Forest Fair Mall site in Forest Park, Ohio, marking a significant milestone in transforming the long-vacant property into a modern multipurpose facility, which is expected to enhance the company's operational efficiency across North America.
- Facility Size: The planned Class A facility will span approximately 715,000 square feet, primarily serving as a distribution center and office support functions, with the potential for an additional 162,000 square feet expansion in the future, thereby increasing Hillman's market flexibility and responsiveness.
- Community Commitment: Hillman's CEO Jon Michael Adinolfi stated that this groundbreaking represents the company's long-term commitment to its employees, customers, and the communities it has served, emphasizing the importance of Forest Park in Hillman's history and its role in driving future business growth.
- Economic Development Confidence: The project is supported by multiple partners, including the City of Forest Park, Butler County Land Bank, and the Ohio Department of Development, showcasing Hillman's confidence in the region's economic development and is expected to boost economic vitality in Hamilton County.
See More
Anchor Capital Increases Stake in McGrath RentCorp
- Stake Increase: Anchor Capital Management increased its stake in McGrath RentCorp by 40,352 shares in Q1 2026, with an estimated transaction value of $4.49 million, indicating confidence in the company's stable revenue model and growth potential.
- Quarterly Performance: McGrath RentCorp reported a 2% year-over-year revenue increase to $198.5 million in the latest quarter, with rental operations revenue rising 5%, showcasing strong performance amid growing demand for infrastructure and data centers, despite a 13% decline in overall sales revenue.
- Shareholder Returns: The company has raised its annual dividend for 35 consecutive years, with a recent quarterly payout of $0.495 per share, reflecting a strong commitment to shareholder returns and stable cash flow, which enhances investor confidence.
- Market Positioning: Although McGrath RentCorp's stock price has remained flat over the past year, its diversified rental model and reliance on infrastructure spending provide a buffer against economic downturns, making it appealing to long-term investors.
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Anchor Capital Acquires New Position in Knowles
- New Investment Disclosure: Anchor Capital disclosed a new position in Knowles (NYSE:KN) by acquiring 189,817 shares in Q1 2026, with an estimated transaction value of $4.80 million, indicating confidence in the company's future growth potential.
- Position Value Increase: By quarter-end, the value of Knowles' position rose to $4.87 million, reflecting positive impacts from market price changes and trading activity, suggesting investor optimism regarding its business outlook.
- Strong Performance: Knowles reported a 16% year-over-year revenue increase to $153.1 million in the latest quarter, while non-GAAP diluted EPS surged 50% to $0.27, demonstrating robust demand across industrial, medtech, and defense markets.
- Outstanding Market Performance: Knowles' stock price surged 110% over the past year, significantly outperforming the S&P 500's 25% increase, highlighting its competitive edge and investment appeal in rapidly growing markets.
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Hillman Solutions Corp. Reports Q1 2026 Earnings Insights
- Sales Growth Target: Hillman aims to achieve total net sales of $2.5 billion by 2030, targeting an annual growth rate of 8% to 12%, which will significantly enhance the company's competitive position in the market.
- Acquisition Impact: The recent acquisitions of Campbell Chain & Fittings and Delaney Hardware are expected to contribute over $20 million and $10 million in net sales, respectively, thereby raising the full-year sales guidance range by the same amount.
- Financial Performance: In Q1 2026, net sales totaled $370.1 million, reflecting a 3% increase year-over-year, but adjusted EBITDA decreased by 8% to $50.1 million, indicating the impact of cost pressures on profitability.
- Future Outlook: The company anticipates full-year net sales between $1.63 billion and $1.73 billion, with adjusted EBITDA guidance set at $275 million to $285 million, demonstrating management's confidence in future growth.
See More
Hillman Solutions Q1 Earnings Miss Expectations, Updates FY 2026 Guidance
- Earnings Performance: Hillman Solutions reported a Q1 non-GAAP EPS of $0.07, missing expectations by $0.01, indicating challenges in profitability that may affect investor confidence.
- Slow Revenue Growth: The company generated $370.07 million in revenue for Q1, reflecting a 3.0% year-over-year increase but falling short of expectations by $1.72 million, suggesting weaker-than-expected market demand that could impact future sales strategies.
- Updated FY 2026 Guidance: Based on year-to-date performance, management revised its FY 2026 net sales guidance from $1.6 billion to $1.7 billion to a new range of $1.63 billion to $1.73 billion, reflecting cautious optimism about future market conditions.
- Stable EBITDA and Free Cash Flow: Despite the adjusted sales outlook, Hillman Solutions maintained its adjusted EBITDA and free cash flow guidance at $275 million to $285 million and $100 million to $120 million, respectively, demonstrating ongoing efforts in cost control and operational efficiency.
See More
OpenGate Completes Sale of S&G Assets
- Transaction Completion: OpenGate Capital announced that its portfolio company Sargent and Greenleaf has completed the sale of Delaney Hardware, marking the final step in S&G's multi-phase realization, further solidifying its position in the global security solutions market.
- Acquisition Background: OpenGate acquired S&G in May 2019, subsequently expanding through the acquisitions of Delaney Hardware and Premier Steel Doors, the latter sold to ASSA ABLOY in 2024, demonstrating S&G's strategic positioning within the industry.
- Operational Transformation: With OpenGate's support, S&G executed a series of growth and operational initiatives that enhanced its international footprint, strengthened customer and supplier relationships, and improved product development capabilities, ensuring supply chain resilience and manufacturing reliability.
- Strategic Buyer Transactions: OpenGate founder Andrew Nikou stated that the sale of each business unit to strategic buyers reflects the work completed during their ownership, showcasing the company's success in value creation.
See More
Hillman Group Breaks Ground on New Facility in Ohio
- Groundbreaking Ceremony: Hillman Group and Hillwood Investment Properties held a groundbreaking ceremony at the former Forest Fair Mall site in Forest Park, Ohio, marking a significant milestone in transforming the long-vacant property into a modern multipurpose facility, which is expected to enhance the company's operational efficiency across North America.
- Facility Size: The planned Class A facility will span approximately 715,000 square feet, primarily serving as a distribution center and office support functions, with the potential for an additional 162,000 square feet expansion in the future, thereby increasing Hillman's market flexibility and responsiveness.
- Community Commitment: Hillman's CEO Jon Michael Adinolfi stated that this groundbreaking represents the company's long-term commitment to its employees, customers, and the communities it has served, emphasizing the importance of Forest Park in Hillman's history and its role in driving future business growth.
- Economic Development Confidence: The project is supported by multiple partners, including the City of Forest Park, Butler County Land Bank, and the Ohio Department of Development, showcasing Hillman's confidence in the region's economic development and is expected to boost economic vitality in Hamilton County.
See More
Anchor Capital Increases Stake in McGrath RentCorp
- Stake Increase: Anchor Capital Management increased its stake in McGrath RentCorp by 40,352 shares in Q1 2026, with an estimated transaction value of $4.49 million, indicating confidence in the company's stable revenue model and growth potential.
- Quarterly Performance: McGrath RentCorp reported a 2% year-over-year revenue increase to $198.5 million in the latest quarter, with rental operations revenue rising 5%, showcasing strong performance amid growing demand for infrastructure and data centers, despite a 13% decline in overall sales revenue.
- Shareholder Returns: The company has raised its annual dividend for 35 consecutive years, with a recent quarterly payout of $0.495 per share, reflecting a strong commitment to shareholder returns and stable cash flow, which enhances investor confidence.
- Market Positioning: Although McGrath RentCorp's stock price has remained flat over the past year, its diversified rental model and reliance on infrastructure spending provide a buffer against economic downturns, making it appealing to long-term investors.
See More
Anchor Capital Acquires New Position in Knowles
- New Investment Disclosure: Anchor Capital disclosed a new position in Knowles (NYSE:KN) by acquiring 189,817 shares in Q1 2026, with an estimated transaction value of $4.80 million, indicating confidence in the company's future growth potential.
- Position Value Increase: By quarter-end, the value of Knowles' position rose to $4.87 million, reflecting positive impacts from market price changes and trading activity, suggesting investor optimism regarding its business outlook.
- Strong Performance: Knowles reported a 16% year-over-year revenue increase to $153.1 million in the latest quarter, while non-GAAP diluted EPS surged 50% to $0.27, demonstrating robust demand across industrial, medtech, and defense markets.
- Outstanding Market Performance: Knowles' stock price surged 110% over the past year, significantly outperforming the S&P 500's 25% increase, highlighting its competitive edge and investment appeal in rapidly growing markets.
See More
Hillman Solutions Corp. Reports Q1 2026 Earnings Insights
- Sales Growth Target: Hillman aims to achieve total net sales of $2.5 billion by 2030, targeting an annual growth rate of 8% to 12%, which will significantly enhance the company's competitive position in the market.
- Acquisition Impact: The recent acquisitions of Campbell Chain & Fittings and Delaney Hardware are expected to contribute over $20 million and $10 million in net sales, respectively, thereby raising the full-year sales guidance range by the same amount.
- Financial Performance: In Q1 2026, net sales totaled $370.1 million, reflecting a 3% increase year-over-year, but adjusted EBITDA decreased by 8% to $50.1 million, indicating the impact of cost pressures on profitability.
- Future Outlook: The company anticipates full-year net sales between $1.63 billion and $1.73 billion, with adjusted EBITDA guidance set at $275 million to $285 million, demonstrating management's confidence in future growth.
See More
Hillman Solutions Q1 Earnings Miss Expectations, Updates FY 2026 Guidance
- Earnings Performance: Hillman Solutions reported a Q1 non-GAAP EPS of $0.07, missing expectations by $0.01, indicating challenges in profitability that may affect investor confidence.
- Slow Revenue Growth: The company generated $370.07 million in revenue for Q1, reflecting a 3.0% year-over-year increase but falling short of expectations by $1.72 million, suggesting weaker-than-expected market demand that could impact future sales strategies.
- Updated FY 2026 Guidance: Based on year-to-date performance, management revised its FY 2026 net sales guidance from $1.6 billion to $1.7 billion to a new range of $1.63 billion to $1.73 billion, reflecting cautious optimism about future market conditions.
- Stable EBITDA and Free Cash Flow: Despite the adjusted sales outlook, Hillman Solutions maintained its adjusted EBITDA and free cash flow guidance at $275 million to $285 million and $100 million to $120 million, respectively, demonstrating ongoing efforts in cost control and operational efficiency.
See More
OpenGate Completes Sale of S&G Assets
- Transaction Completion: OpenGate Capital announced that its portfolio company Sargent and Greenleaf has completed the sale of Delaney Hardware, marking the final step in S&G's multi-phase realization, further solidifying its position in the global security solutions market.
- Acquisition Background: OpenGate acquired S&G in May 2019, subsequently expanding through the acquisitions of Delaney Hardware and Premier Steel Doors, the latter sold to ASSA ABLOY in 2024, demonstrating S&G's strategic positioning within the industry.
- Operational Transformation: With OpenGate's support, S&G executed a series of growth and operational initiatives that enhanced its international footprint, strengthened customer and supplier relationships, and improved product development capabilities, ensuring supply chain resilience and manufacturing reliability.
- Strategic Buyer Transactions: OpenGate founder Andrew Nikou stated that the sale of each business unit to strategic buyers reflects the work completed during their ownership, showcasing the company's success in value creation.
See More
