Harbor Capital Advisors Inc. Has $1.44 Million Stock Holdings in The Hackett Group, Inc. $HCKT

Harbor Capital Advisors Inc. lowered its holdings in shares of The Hackett Group, Inc. (NASDAQ:HCKT) by 71.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 75,656 shares of the business services provider’s stock after selling 187,790 shares during the period. Harbor Capital Advisors Inc. owned approximately 0.28% of The Hackett Group worth $1,438,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Invesco Ltd. boosted 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 worth $3,707,000 after buying an additional 76,460 shares in the last quarter. Nuveen LLC bought a new position in The Hackett Group during the first quarter worth $3,241,000. American Century Companies Inc. grew its holdings in The Hackett Group by 13.0% in the first quarter. American Century Companies Inc. now owns 59,877 shares of the business services provider’s stock worth $1,750,000 after purchasing an additional 6,904 shares during the period. Hsbc Holdings PLC grew its holdings in The Hackett Group by 2.3% in the first quarter. Hsbc Holdings PLC now owns 39,164 shares of the business services provider’s stock worth $1,144,000 after purchasing an additional 869 shares during the period. Finally, AlphaQuest LLC increased its stake in The Hackett Group by 60.5% in the first quarter. AlphaQuest LLC now owns 4,804 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 1,810 shares in the last quarter. 78.12% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

HCKT has been the subject of several research reports. Barrington Research restated an “outperform” rating and issued a $27.00 target price on shares of The Hackett Group in a research note on Monday, October 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of The Hackett Group in a research note on Monday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, The Hackett Group has an average rating of “Hold” and a consensus price target of $27.00.

The Hackett Group Stock Down 0.3%

HCKT stock opened at $19.97 on Friday. The firm has a market capitalization of $541.79 million, a PE ratio of 52.55, a P/E/G ratio of 1.45 and a beta of 1.04. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.43. The Hackett Group, Inc. has a twelve month low of $17.52 and a twelve month high of $34.02. The stock’s 50 day moving average is $18.93 and its 200-day moving average is $20.88.

The Hackett Group (NASDAQ:HCKT) last released its quarterly earnings results on Tuesday, November 4th. The business services provider reported $0.37 EPS for the quarter, meeting analysts’ consensus estimates of $0.37. The business had revenue of $73.10 million during the quarter, compared to analyst estimates of $74.82 million. The Hackett Group had a return on equity of 23.20% and a net margin of 3.53%.The Hackett Group has set its Q4 2025 guidance at 0.380-0.400 EPS. Sell-side analysts expect that The Hackett Group, Inc. will post 1.43 EPS for the current fiscal year.

The Hackett Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Tuesday, December 23rd will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, December 23rd. The Hackett Group’s dividend payout ratio is presently 126.32%.

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.