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

Royce & Associates LP lifted its position in shares of The Hackett Group, Inc. (NASDAQ:HCKT) by 2.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,642,287 shares of the business services provider’s stock after buying an additional 60,956 shares during the quarter. Royce & Associates LP owned approximately 0.10% of The Hackett Group worth $51,868,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Rhumbline Advisers raised its stake in The Hackett Group by 1.5% in the 2nd quarter. Rhumbline Advisers now owns 39,506 shares of the business services provider’s stock valued at $1,004,000 after purchasing an additional 581 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of The Hackett Group by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the business services provider’s stock worth $439,000 after purchasing an additional 614 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of The Hackett Group by 7.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,773 shares of the business services provider’s stock worth $248,000 after purchasing an additional 707 shares during the period. CWM LLC boosted its holdings in The Hackett Group by 31.3% in the 4th quarter. CWM LLC now owns 3,499 shares of the business services provider’s stock worth $69,000 after acquiring an additional 835 shares during the period. Finally, MAI Capital Management boosted its holdings in The Hackett Group by 98.4% in the 3rd quarter. MAI Capital Management now owns 1,730 shares of the business services provider’s stock worth $33,000 after acquiring an additional 858 shares during the period. Institutional investors and hedge funds own 78.12% of the company’s stock.

The Hackett Group Stock Performance

HCKT stock opened at $11.11 on Tuesday. The company has a market cap of $279.86 million, a P/E ratio of 20.96, a PEG ratio of 0.90 and a beta of 0.96. The Hackett Group, Inc. has a twelve month low of $9.15 and a twelve month high of $26.09. 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 business has a fifty day moving average of $12.38 and a 200-day moving average of $15.93.

The Hackett Group (NASDAQ:HCKT) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). The Hackett Group had a net margin of 4.75% and a return on equity of 26.70%. The company had revenue of $68.80 million during the quarter, compared to the consensus estimate of $71.23 million. The Hackett Group has set its Q2 2026 guidance at 0.330-0.350 EPS. As a group, equities research analysts expect that The Hackett Group, Inc. will post 1.23 EPS for the current year.

The Hackett Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, June 22nd. The Hackett Group’s dividend payout ratio is currently 90.57%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on HCKT shares. Barrington Research cut their target price on The Hackett Group from $17.00 to $16.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Roth Mkm set a $17.00 target price on The Hackett Group in a report on Wednesday, May 6th. Zacks Research downgraded The Hackett Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. Wall Street Zen downgraded The Hackett Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings lowered The Hackett Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $16.50.

The Hackett Group Company 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.