The Hackett Group, Inc. (NASDAQ:HCKT – Get Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $20.44 and traded as high as $20.64. The Hackett Group shares last traded at $20.30, with a volume of 178,016 shares trading hands.
Wall Street Analysts Forecast Growth
HCKT has been the topic of several recent analyst reports. Barrington Research reiterated an “outperform” rating and issued a $27.00 price objective on shares of The Hackett Group in a research report on Monday, October 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of The Hackett Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $27.00.
Get Our Latest Report on The Hackett Group
The Hackett Group Trading Down 1.4%
The Hackett Group (NASDAQ:HCKT – Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.37. The firm had revenue of $73.10 million during the quarter, compared to the consensus estimate of $74.82 million. The Hackett Group had a net margin of 3.53% and a return on equity of 23.20%. The Hackett Group has set its Q4 2025 guidance at 0.380-0.400 EPS. As a group, research analysts expect that The Hackett Group, Inc. will post 1.43 EPS for the current year.
The Hackett Group Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Tuesday, December 23rd were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, December 23rd. The Hackett Group’s dividend payout ratio (DPR) is 126.32%.
Institutional Trading of The Hackett Group
Institutional investors and hedge funds have recently modified their holdings of the business. Royce & Associates LP increased its position in 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 grew its stake in shares of The Hackett Group by 122.9% during the third quarter. Millennium Management LLC now owns 807,457 shares of the business services provider’s stock worth $15,350,000 after buying an additional 445,267 shares during the last quarter. Trigran Investments Inc. grew its stake in shares of The Hackett Group by 17.9% during the third quarter. Trigran Investments Inc. now owns 796,403 shares of the business services provider’s stock worth $15,140,000 after buying an additional 121,103 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of The Hackett Group by 2.4% during the second quarter. Geode Capital Management LLC now owns 765,243 shares of the business services provider’s stock worth $19,455,000 after buying an additional 18,196 shares in the last quarter. Finally, Boston Partners grew its position in The Hackett Group by 1.8% during the 2nd quarter. Boston Partners now owns 533,948 shares of the business services provider’s stock worth $13,305,000 after acquiring an additional 9,477 shares during the last quarter. 78.12% of the stock is currently owned by institutional investors.
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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