Keebeck Wealth Management Makes New Investment in Huron Consulting Group Inc. $HURN

Keebeck Wealth Management bought a new stake in Huron Consulting Group Inc. (NASDAQ:HURN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,803 shares of the business services provider’s stock, valued at approximately $343,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Great Lakes Advisors LLC purchased a new stake in shares of Huron Consulting Group during the 2nd quarter worth approximately $2,610,000. BlackRock Inc. purchased a new position in Huron Consulting Group in the second quarter valued at approximately $125,191,000. Deutsche Bank AG bought a new position in Huron Consulting Group during the second quarter valued at $1,859,000. Rice Hall James & Associates LLC bought a new position in Huron Consulting Group during the second quarter valued at $1,810,000. Finally, Global Retirement Partners LLC bought a new position in Huron Consulting Group during the second quarter valued at $120,000. 93.90% of the stock is owned by institutional investors.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, insider Kyle Featherstone sold 459 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $152.67, for a total value of $70,075.53. Following the transaction, the insider directly owned 1,050 shares in the company, valued at $160,303.50. This represents a 30.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C. Mark Hussey sold 24,072 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total value of $3,986,082.48. Following the completion of the sale, the chief executive officer directly owned 74,399 shares in the company, valued at approximately $12,319,730.41. The trade was a 24.45% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.07% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

HURN has been the topic of several research reports. Wedbush restated an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Zacks Research raised Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Truist Financial lowered their price objective on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Huron Consulting Group in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Huron Consulting Group has a consensus rating of “Buy” and a consensus price target of $184.25.

Huron Consulting Group Stock Down 0.5%

HURN opened at $161.64 on Friday. The company has a fifty day moving average price of $122.32 and a 200-day moving average price of $125.03. The firm has a market capitalization of $2.57 billion, a P/E ratio of 24.20 and a beta of 0.06. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71. Huron Consulting Group Inc. has a one year low of $84.88 and a one year high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.29. The company had revenue of $475.04 million for the quarter, compared to the consensus estimate of $448.98 million. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%.The firm’s revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.89 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. Equities research analysts expect that Huron Consulting Group Inc. will post 9.18 earnings per share for the current fiscal year.

Huron Consulting Group Company Profile

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.