UBS Group AG grew its holdings in The Hackett Group, Inc. (NASDAQ:HCKT – Free Report) by 207.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 411,992 shares of the business services provider’s stock after acquiring an additional 277,987 shares during the period. UBS Group AG’s holdings in The Hackett Group were worth $8,087,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the company. Royce & Associates LP increased its position in shares of The Hackett Group by 44.1% during the 3rd quarter. Royce & Associates LP now owns 2,581,331 shares of the business services provider’s stock worth $49,071,000 after purchasing an additional 790,522 shares in the last quarter. Millennium Management LLC increased its position in shares of The Hackett Group by 122.9% during the 3rd quarter. Millennium Management LLC now owns 807,457 shares of the business services provider’s stock worth $15,350,000 after purchasing an additional 445,267 shares in the last quarter. Trigran Investments Inc. increased its position in shares of The Hackett Group by 17.9% during the 3rd quarter. Trigran Investments Inc. now owns 796,403 shares of the business services provider’s stock worth $15,140,000 after purchasing an additional 121,103 shares in the last quarter. Crawford Investment Counsel Inc. increased its position in shares of The Hackett Group by 12.5% during the 3rd quarter. Crawford Investment Counsel Inc. now owns 463,300 shares of the business services provider’s stock worth $8,807,000 after purchasing an additional 51,454 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. increased its position in shares of The Hackett Group by 0.3% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 428,654 shares of the business services provider’s stock worth $8,149,000 after purchasing an additional 1,253 shares in the last quarter. Institutional investors and hedge funds own 78.12% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on HCKT. Zacks Research upgraded shares of The Hackett Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Roth Mkm set a $17.00 target price on shares of The Hackett Group in a research report on Wednesday, May 6th. Weiss Ratings cut shares of The Hackett Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 8th. Wall Street Zen cut shares of The Hackett Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Barrington Research dropped their target price on shares of The Hackett Group from $17.00 to $16.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $16.50.
The Hackett Group Stock Down 0.2%
Shares of NASDAQ:HCKT opened at $9.44 on Tuesday. The Hackett Group, Inc. has a 12 month low of $9.15 and a 12 month high of $26.09. The company’s 50-day moving average price is $12.76 and its two-hundred day moving average price is $16.19. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 1.19. The firm has a market cap of $237.79 million, a P/E ratio of 17.81, a P/E/G ratio of 0.77 and a beta of 0.96.
The Hackett Group (NASDAQ:HCKT – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). The Hackett Group had a return on equity of 26.70% and a net margin of 4.75%.The company had revenue of $68.80 million for the quarter, compared to the consensus estimate of $71.23 million. The Hackett Group has set its Q2 2026 guidance at 0.330-0.350 EPS. As a group, research analysts forecast that The Hackett Group, Inc. will post 1.23 EPS for the current fiscal year.
The Hackett Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 22nd will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.48 dividend on an annualized basis and a yield of 5.1%. The Hackett Group’s dividend payout ratio is currently 90.57%.
The Hackett Group Company Profile
The Hackett Group is a global strategic advisory firm specializing in business transformation, benchmarking and research. Leveraging a proprietary data repository and the Hackett Methodology®, the company helps organizations optimize performance across enterprise functions. Its advisory services span digital transformation, process optimization and operational excellence, enabling clients to identify best practices, streamline workflows and achieve sustainable cost savings.
Through detailed benchmarking studies and industry research, The Hackett Group delivers actionable insights into finance, procurement, human resources, information technology and supply chain management.
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