Royce & Associates LP Increases Stake in The Hackett Group, Inc. $HCKT

Royce & Associates LP boosted its holdings in The Hackett Group, Inc. (NASDAQ:HCKT) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,642,287 shares of the business services provider’s stock after purchasing an additional 60,956 shares during the quarter. Royce & Associates LP owned about 9.74% of The Hackett Group worth $51,868,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Huntington National Bank lifted its stake in shares of The Hackett Group by 147.7% in the third quarter. Huntington National Bank now owns 1,635 shares of the business services provider’s stock worth $31,000 after buying an additional 975 shares in the last quarter. MAI Capital Management increased its stake in shares of The Hackett Group by 98.4% in the third quarter. MAI Capital Management now owns 1,730 shares of the business services provider’s stock worth $33,000 after purchasing an additional 858 shares in the last quarter. Danske Bank A S purchased a new stake in shares of The Hackett Group in the fourth quarter worth $49,000. CWM LLC increased its stake in shares of The Hackett Group by 31.3% in the fourth quarter. CWM LLC now owns 3,499 shares of the business services provider’s stock worth $69,000 after purchasing an additional 835 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in The Hackett Group by 566.2% during the second quarter. Tower Research Capital LLC TRC now owns 5,703 shares of the business services provider’s stock valued at $145,000 after acquiring an additional 4,847 shares in the last quarter. Hedge funds and other institutional investors own 78.12% of the company’s stock.

The Hackett Group Stock Performance

HCKT opened at $11.11 on Tuesday. The Hackett Group, Inc. has a 52 week low of $9.15 and a 52 week high of $26.09. The business has a fifty day simple moving average of $12.38 and a 200-day simple moving average of $15.93. The firm has a market cap of $279.86 million, a P/E ratio of 20.96, a P/E/G ratio of 0.90 and a beta of 0.96. 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 Hackett Group (NASDAQ:HCKT) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). The business had revenue of $68.80 million for the quarter, compared to analyst estimates of $71.23 million. The Hackett Group had a return on equity of 26.70% and a net margin of 4.75%.The Hackett Group has set its Q2 2026 guidance at 0.330-0.350 EPS. On average, equities analysts expect that The Hackett Group, Inc. will post 1.23 earnings per share for the current 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 4.3%. The Hackett Group’s dividend payout ratio (DPR) is presently 90.57%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HCKT. Barrington Research cut 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 note on Wednesday, May 6th. Wall Street Zen lowered shares of The Hackett Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings lowered shares of The Hackett Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 8th. Zacks Research downgraded shares of The Hackett Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. Finally, Roth Mkm set a $17.00 target price on shares of The Hackett Group in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $16.50.

The Hackett Group 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.