Quantinno Capital Management LP grew its stake in The Hackett Group, Inc. (NASDAQ:HCKT – Free Report) by 554.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 199,993 shares of the business services provider’s stock after purchasing an additional 169,420 shares during the quarter. Quantinno Capital Management LP’s holdings in The Hackett Group were worth $2,602,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Lazard Asset Management LLC acquired a new position in The Hackett Group in the 1st quarter valued at about $1,624,000. SG Americas Securities LLC lifted its position in The Hackett Group by 160.8% during the first quarter. SG Americas Securities LLC now owns 166,458 shares of the business services provider’s stock worth $2,166,000 after acquiring an additional 102,638 shares during the last quarter. Weber Capital Management LLC ADV bought a new stake in shares of The Hackett Group during the fourth quarter worth approximately $4,587,000. UBS Group AG boosted its holdings in shares of The Hackett Group by 207.4% during the fourth quarter. UBS Group AG now owns 411,992 shares of the business services provider’s stock worth $8,087,000 after acquiring an additional 277,987 shares during the period. Finally, Royce & Associates LP grew its position in shares of The Hackett Group by 2.4% in the fourth quarter. Royce & Associates LP now owns 2,642,287 shares of the business services provider’s stock valued at $51,868,000 after purchasing an additional 60,956 shares during the last quarter. Institutional investors and hedge funds own 78.12% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on HCKT shares. Zacks Research upgraded The Hackett Group from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Barrington Research reduced their price target on 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. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of The Hackett Group in a report on Monday, July 6th. Wall Street Zen cut The Hackett Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Roth Capital set a $17.00 target price on The Hackett Group in a report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, The Hackett Group has a consensus rating of “Hold” and an average target price of $16.50.
The Hackett Group Stock Performance
Shares of NASDAQ:HCKT opened at $11.53 on Monday. The Hackett Group, Inc. has a 12-month low of $9.15 and a 12-month high of $21.40. The company’s 50 day moving average price is $10.67 and its two-hundred day moving average price is $12.64. The firm has a market cap of $286.87 million, a PE ratio of 17.74, a PEG ratio of 0.94 and a beta of 0.92. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 1.19.
The Hackett Group (NASDAQ:HCKT – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The business services provider reported $0.34 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.34. The company had revenue of $69.33 million during the quarter, compared to the consensus estimate of $68.80 million. The Hackett Group had a net margin of 5.86% and a return on equity of 34.77%. The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. Equities research analysts predict 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 Friday, October 2nd. Shareholders of record on Friday, September 18th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, September 18th. This represents a $0.48 annualized dividend and a yield of 4.2%. The Hackett Group’s payout ratio is currently 73.85%.
About The Hackett Group
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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