Weber Capital Management LLC ADV purchased a new position in shares of The Hackett Group, Inc. (NASDAQ:HCKT – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 225,663 shares of the business services provider’s stock, valued at approximately $2,430,391,000. The Hackett Group comprises about 2.1% of Weber Capital Management LLC ADV’s holdings, making the stock its 9th biggest holding.
Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of The Hackett Group in the second quarter worth $18,957,000. Millennium Management LLC lifted its position in The Hackett Group by 122.9% during the third quarter. Millennium Management LLC now owns 807,457 shares of the business services provider’s stock valued at $15,350,000 after purchasing an additional 445,267 shares during the period. UBS Group AG boosted its holdings in The Hackett Group by 207.4% in the fourth quarter. UBS Group AG now owns 411,992 shares of the business services provider’s stock valued at $8,087,000 after purchasing an additional 277,987 shares during the last quarter. Goldman Sachs Group Inc. grew its position in The Hackett Group by 123.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 401,972 shares of the business services provider’s stock worth $7,891,000 after purchasing an additional 222,065 shares during the period. Finally, Quantinno Capital Management LP raised its stake in shares of The Hackett Group by 554.1% during the 1st quarter. Quantinno Capital Management LP now owns 199,993 shares of the business services provider’s stock valued at $2,602,000 after buying an additional 169,420 shares during the last quarter. 78.12% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts have recently commented on HCKT shares. Zacks Research downgraded The Hackett Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of The Hackett Group in a research report on Monday, July 6th. Wall Street Zen lowered The Hackett Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Roth Capital set a $17.00 price objective on shares of The Hackett Group in a research note on Wednesday, May 6th. Finally, Barrington Research cut their target price on shares of The Hackett Group from $17.00 to $16.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $16.50.
The Hackett Group Price Performance
Shares of The Hackett Group stock opened at $11.08 on Monday. The firm has a market cap of $275.67 million, a PE ratio of 17.05, a P/E/G ratio of 0.95 and a beta of 0.92. The Hackett Group, Inc. has a twelve month low of $9.15 and a twelve month high of $21.33. 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 business has a 50-day moving average price of $10.63 and a 200 day moving average price of $12.06.
The Hackett Group (NASDAQ:HCKT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.34. The company had revenue of $69.33 million for the quarter, compared to the consensus estimate of $68.80 million. The Hackett Group had a return on equity of 34.77% and a net margin of 5.86%.The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. Sell-side analysts predict that The Hackett Group, Inc. will post 1.17 earnings per share for the current fiscal 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 given a dividend of $0.12 per share. The ex-dividend date is Friday, September 18th. This represents a $0.48 dividend on an annualized basis and a yield of 4.3%. The Hackett Group’s dividend payout ratio is currently 73.85%.
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.
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