Huron Consulting Group (NASDAQ:HURN) Posts Quarterly Earnings Results, Beats Expectations By $0.29 EPS

Huron Consulting Group (NASDAQ:HURN) announced its earnings results on Tuesday. The business services provider reported $2.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.29, FiscalAI reports. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The business had revenue of $475.04 million during the quarter, compared to analysts’ expectations of $448.98 million. Huron Consulting Group updated its FY 2026 guidance to 9.000-9.400 EPS.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN traded up $4.86 during trading on Tuesday, reaching $121.37. The company had a trading volume of 284,783 shares, compared to its average volume of 285,248. Huron Consulting Group has a 52 week low of $84.88 and a 52 week high of $186.77. The business’s 50 day moving average price is $104.99 and its 200-day moving average price is $127.91. The stock has a market cap of $1.97 billion, a PE ratio of 20.71 and a beta of 0.12. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Truist Financial decreased their price objective on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Wedbush reiterated an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Weiss Ratings downgraded Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Barrington Research reiterated an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.25.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director Debra Zumwalt sold 598 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $70,827.12. Following the transaction, the director owned 27,201 shares of the company’s stock, valued at approximately $3,221,686.44. This represents a 2.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ekta Singh-Bushell sold 443 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $118.44, for a total value of $52,468.92. Following the completion of the transaction, the director owned 13,646 shares in the company, valued at $1,616,232.24. The trade was a 3.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,862 shares of company stock valued at $314,519 over the last quarter. Corporate insiders own 2.07% of the company’s stock.

Institutional Trading of Huron Consulting Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. bought a new stake in Huron Consulting Group during the 3rd quarter worth about $35,000. Advisory Services Network LLC bought a new position in shares of Huron Consulting Group in the 3rd quarter valued at about $36,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Huron Consulting Group during the 4th quarter worth approximately $39,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Huron Consulting Group by 682.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 313 shares of the business services provider’s stock worth $46,000 after buying an additional 273 shares during the period. Finally, Mcguire Capital Advisors Inc. bought a new stake in shares of Huron Consulting Group during the fourth quarter worth approximately $50,000. 93.90% of the stock is owned by institutional investors.

About Huron Consulting Group

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.