10 Cash-Rich Small Cap Stocks To Invest In According To Analysts

3. Hillman Solutions Corp. (NASDAQ:HLMN)

TTM Operating Cash Flow as of December 31, 2024: $183,336,000

Number of Hedge Fund Holders: 24

Average Upside Potential: 41.96%

Hillman Solutions Corp. (NASDAQ:HLMN) supplies hardware products and merchandising services across the United States, Latin America, Mexico, Canada, and the Caribbean. Its product range includes anchor shackles, eye bolts, door hinges, chains, garage doors, safety hasps, gate hooks, latches, magnets, and storage hooks, among other hardware essentials. On January 15, Hillman Solutions lowered the interest rate on its $643 million loan, which is due in 2028. This change reduces borrowing costs by 0.25% and is expected to save the company about $1.6 million per year, minus a one-time fee of $1 million. It is one of the best cash rich stocks to watch.

Despite a challenging market in 2024, Hillman Solutions Corp. (NASDAQ:HLMN)’s net sales reached $1.473 billion, slightly below 2023 levels but above the midpoint of the company’s latest guidance. The decline in foot traffic and retail customers, down nearly 6% from the previous year, contributed to the fall. However, in the fourth quarter, adjusted EBITDA rose 3.5% to $56.3 million, aligning with expectations. This growth was backed by improved operational efficiency, lower costs of goods sold, and a shift toward higher-margin products. In 2024, the company generated $183 million in cash from operating activities, down from $283 million in the previous year. In 2023, cash flow benefited from a $100 million inventory reduction as supply levels normalized when Asian supply chain disruptions were resolved.

As per Insider Monkey’s fourth quarter database, 24 hedge funds were bullish on Hillman Solutions Corp. (NASDAQ:HLMN), up from 18 funds in the prior quarter. Leucadia National was the largest position holder in the firm, with approximately 8.5 million shares valued at $82.8 million.