Huron Consulting Group (NASDAQ:HURN) Rating Lowered to Hold at Wall Street Zen

Huron Consulting Group (NASDAQ:HURN) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

HURN has been the subject of several other research reports. Truist Financial boosted their price target on Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Benchmark raised their price objective on Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, December 24th. Barrington Research upped their target price on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Finally, Wedbush increased their price target on Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $215.50.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN opened at $141.40 on Friday. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 24.17 and a beta of 0.08. Huron Consulting Group has a twelve month low of $116.12 and a twelve month high of $186.77. The company has a current ratio of 1.17, a quick ratio of 1.44 and a debt-to-equity ratio of 0.93. The firm has a 50-day moving average of $163.42 and a two-hundred day moving average of $156.82.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, February 24th. The business services provider reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.23. The firm had revenue of $441.96 million for the quarter, compared to the consensus estimate of $433.57 million. Huron Consulting Group had a return on equity of 28.20% and a net margin of 6.18%.The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.90 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, analysts expect that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Ekta Singh-Bushell sold 1,000 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $178.55, for a total value of $178,550.00. Following the sale, the director owned 14,341 shares in the company, valued at approximately $2,560,585.55. This trade represents a 6.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Debra Zumwalt sold 170 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $170.89, for a total transaction of $29,051.30. Following the completion of the sale, the director directly owned 26,469 shares of the company’s stock, valued at approximately $4,523,287.41. This trade represents a 0.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,958 shares of company stock valued at $837,371 in the last 90 days. 2.15% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Huron Consulting Group

A number of institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Huron Consulting Group by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider’s stock worth $1,501,000 after purchasing an additional 469 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Huron Consulting Group by 53.0% in the first quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock valued at $28,538,000 after acquiring an additional 68,891 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Huron Consulting Group in the first quarter valued at approximately $6,313,000. Intech Investment Management LLC boosted its holdings in shares of Huron Consulting Group by 28.1% in the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock worth $1,587,000 after acquiring an additional 2,425 shares in the last quarter. Finally, Acadian Asset Management LLC grew its position in Huron Consulting Group by 174.4% during the 1st quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock worth $481,000 after acquiring an additional 2,136 shares during the last quarter. 93.90% of the stock is owned by institutional investors and hedge funds.

Huron Consulting Group Company Profile

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.