I claim the ornamental design for a picture framing hardware component, as shown and described.
FIG. 1 is a top plan view of a picture framing hardware component showing my new design.
FIG. 2 is a front side elevational view thereof.
FIG. 3 is a left side elevational view thereof. The right side elevational view is a mirror image of the left side.
FIG. 4 is a top front right perspective view thereof; and,
FIG. 5 is a top plan view of a picture framing hardware component in a state of use. The broken lines represent environmental structure only and form no part of the claimed design.