The Hackett Group, Inc. $HCKT Stock Holdings Lifted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in shares of The Hackett Group, Inc. (NASDAQ:HCKT) by 4.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,418 shares of the business services provider’s stock after purchasing an additional 10,948 shares during the period. Envestnet Asset Management Inc.’s holdings in The Hackett Group were worth $6,239,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in HCKT. Victory Capital Management Inc. grew its stake in shares of The Hackett Group by 128.7% in the 1st quarter. Victory Capital Management Inc. now owns 28,487 shares of the business services provider’s stock valued at $832,000 after buying an additional 16,030 shares in the last quarter. Mackenzie Financial Corp grew its position in The Hackett Group by 38.3% in the first quarter. Mackenzie Financial Corp now owns 58,772 shares of the business services provider’s stock worth $1,717,000 after acquiring an additional 16,270 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in The Hackett Group in the first quarter worth approximately $344,000. Haven Private LLC increased its stake in shares of The Hackett Group by 30.8% during the 1st quarter. Haven Private LLC now owns 30,462 shares of the business services provider’s stock worth $890,000 after purchasing an additional 7,174 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of The Hackett Group by 151.7% during the 1st quarter. Invesco Ltd. now owns 126,874 shares of the business services provider’s stock valued at $3,707,000 after purchasing an additional 76,460 shares in the last quarter. 78.12% of the stock is currently owned by institutional investors and hedge funds.

The Hackett Group Stock Up 0.8%

HCKT stock opened at $18.57 on Wednesday. The stock has a market capitalization of $503.82 million, a price-to-earnings ratio of 30.95, a price-to-earnings-growth ratio of 1.23 and a beta of 1.03. The company has a 50-day moving average of $19.32 and a two-hundred day moving average of $22.21. The Hackett Group, Inc. has a 52-week low of $17.52 and a 52-week high of $34.02. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.71 and a quick ratio of 1.71.

The Hackett Group (NASDAQ:HCKT) last posted its quarterly earnings data on Tuesday, November 4th. The business services provider reported $0.37 earnings per share for the quarter, hitting the consensus estimate of $0.37. The business had revenue of $73.10 million during the quarter, compared to analysts’ expectations of $74.82 million. The Hackett Group had a return on equity of 24.12% and a net margin of 5.37%. The Hackett Group has set its Q4 2025 guidance at 0.380-0.400 EPS. As a group, equities research analysts anticipate that The Hackett Group, Inc. will post 1.43 EPS for the current year.

The Hackett Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Tuesday, December 23rd will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, December 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 2.6%. The Hackett Group’s payout ratio is 126.32%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HCKT. Wall Street Zen cut shares of The Hackett Group from a “buy” rating to a “hold” rating in a report on Monday, July 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of The Hackett Group in a research report on Wednesday, October 8th. Finally, Barrington Research reissued an “outperform” rating and set a $27.00 price objective on shares of The Hackett Group in a report on Monday, October 27th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.00.

The Hackett Group Profile

The Hackett Group, Inc operates as an intellectual property-based executive advisory, strategic consulting, and digital transformation company in the United States, Europe, and internationally. The company operates through three segments: Global Strategy & Business Transformation, Oracle Solutions, and SAP Solutions.