diff --git a/math/py-hmmlearn/Makefile b/math/py-hmmlearn/Makefile
index 0d0269ff7fd0..3d3f8fe5f63e 100644
--- a/math/py-hmmlearn/Makefile
+++ b/math/py-hmmlearn/Makefile
@@ -1,38 +1,37 @@
 PORTNAME=	hmmlearn
-DISTVERSION=	0.3.0
+DISTVERSION=	0.3.2
 CATEGORIES=	math python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	jwb@FreeBSD.org
 COMMENT=	Unsupervised learning and inference of Hidden Markov Models
 WWW=		https://github.com/hmmlearn/hmmlearn
 
 LICENSE=	BSD3CLAUSE
 LICENSE_FILE=	${WRKSRC}/LICENSE.txt
 
 BUILD_DEPENDS=	wheel-${PYTHON_VER}:devel/py-wheel@${PY_FLAVOR} \
-		${PY_SETUPTOOLS} \
 		${PYTHON_PKGNAMEPREFIX}setuptools-scm>=3.4.3:devel/py-setuptools-scm@${PY_FLAVOR} \
 		${PYNUMPY} \
 		${PYTHON_PKGNAMEPREFIX}scipy>=0.19:science/py-scipy@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}scikit-learn>=0.16:science/py-scikit-learn@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}pybind11>=0:devel/py-pybind11@${PY_FLAVOR}
 RUN_DEPENDS=	${PYNUMPY} \
 		${PYTHON_PKGNAMEPREFIX}scipy>=0.19:science/py-scipy@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}scikit-learn>=0.16:science/py-scikit-learn@${PY_FLAVOR}
 
 USES=		python
 USE_PYTHON=	autoplist pep517 pytest
 
 post-stage:
 	@${STRIP_CMD} ${STAGEDIR}${PYTHON_SITELIBDIR}/hmmlearn/_hmmc.cpython-${PYTHON_SUFFIX}.so
 
 # 2023-12-29: Tests currently fail due to known upstream issues
 do-test:
 	# setup.py builds directly to prefix by default, so we need to build
 	# again within the project for pytest to work
 	@(cd ${TEST_WRKSRC} && ${SETENV} ${TEST_ENV} ${PYTHON_CMD} setup.py develop)
 	(cd ${TEST_WRKSRC} && ${SETENV} ${TEST_ENV} pytest-${PYTHON_VER} --capture=no)
 
 .include <bsd.port.mk>
diff --git a/math/py-hmmlearn/distinfo b/math/py-hmmlearn/distinfo
index 0e1fdc68387f..7db9689eb377 100644
--- a/math/py-hmmlearn/distinfo
+++ b/math/py-hmmlearn/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1703354335
-SHA256 (hmmlearn-0.3.0.tar.gz) = d13a91ea3695df881465e3d36132d7eef4e84d483f4ba538a4b46e24b5ea100f
-SIZE (hmmlearn-0.3.0.tar.gz) = 77889
+TIMESTAMP = 1725972159
+SHA256 (hmmlearn-0.3.2.tar.gz) = edaf485fdb1ea88da9ac642b2006c63d9950dd15d4d132f7205305d383e6f745
+SIZE (hmmlearn-0.3.2.tar.gz) = 78457