Capital International Investors Buys Shares of 9,250 Huron Consulting Group Inc. $HURN

Capital International Investors purchased a new position in Huron Consulting Group Inc. (NASDAQ:HURN) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,250 shares of the business services provider’s stock, valued at approximately $1,358,000. Capital International Investors owned about 0.05% of Huron Consulting Group at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Franklin Resources Inc. increased its holdings in shares of Huron Consulting Group by 27.5% in the 2nd quarter. Franklin Resources Inc. now owns 610,908 shares of the business services provider’s stock valued at $84,024,000 after acquiring an additional 131,620 shares during the last quarter. Sunriver Management LLC boosted its holdings in Huron Consulting Group by 10.6% in the second quarter. Sunriver Management LLC now owns 378,211 shares of the business services provider’s stock worth $52,019,000 after purchasing an additional 36,303 shares during the period. BloombergSen Inc. increased its stake in Huron Consulting Group by 56.2% during the third quarter. BloombergSen Inc. now owns 365,167 shares of the business services provider’s stock valued at $53,596,000 after purchasing an additional 131,365 shares during the last quarter. Neumeier Poma Investment Counsel LLC raised its holdings in shares of Huron Consulting Group by 1.7% during the third quarter. Neumeier Poma Investment Counsel LLC now owns 277,476 shares of the business services provider’s stock worth $40,725,000 after purchasing an additional 4,631 shares during the period. Finally, SG Capital Management LLC lifted its position in shares of Huron Consulting Group by 131.8% in the 3rd quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock worth $36,764,000 after buying an additional 142,448 shares during the last quarter. 93.90% of the stock is currently owned by institutional investors.

Insider Activity at Huron Consulting Group

In other news, Director Debra Zumwalt sold 170 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $170.89, for a total value of $29,051.30. Following the transaction, the director directly owned 26,469 shares of the company’s stock, valued at approximately $4,523,287.41. This represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $168.77, for a total value of $84,385.00. Following the completion of the transaction, the director owned 41,817 shares in the company, valued at $7,057,455.09. The trade was a 1.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 796 shares of company stock worth $134,968. Company insiders own 2.15% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on HURN. Truist Financial increased their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Wedbush raised their price target on Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Barrington Research upped their price objective on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Benchmark upped their price target on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, December 24th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Huron Consulting Group currently has a consensus rating of “Buy” and a consensus target price of $215.50.

Huron Consulting Group Trading Down 4.6%

Shares of HURN stock opened at $128.80 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.93. The stock has a 50-day simple moving average of $156.87 and a 200 day simple moving average of $157.22. Huron Consulting Group Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.77. The stock has a market capitalization of $2.18 billion, a P/E ratio of 22.02 and a beta of 0.12.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results 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. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The firm had revenue of $441.96 million for the quarter, compared to analyst estimates of $433.57 million. During the same quarter in the previous year, the business posted $1.90 earnings per share. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, sell-side analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

About Huron Consulting Group

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.