The Hackett Group, Inc. $HCKT Stock: North Star Investment Management Corp. Decreases Holdings

North Star Investment Management Corp. lessened its holdings in The Hackett Group, Inc. (NASDAQ:HCKT) by 28.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,363 shares of the business services provider’s stock after selling 49,112 shares during the period. North Star Investment Management Corp.’s holdings in The Hackett Group were worth $1,270,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its stake in shares of The Hackett Group by 138.2% during the first quarter. PNC Financial Services Group Inc. now owns 3,554 shares of the business services provider’s stock worth $46,000 after purchasing an additional 2,062 shares in the last quarter. Versant Capital Management Inc lifted its stake in The Hackett Group by 58.8% in the 3rd quarter. Versant Capital Management Inc now owns 3,874 shares of the business services provider’s stock valued at $39,000 after buying an additional 1,435 shares in the last quarter. Copeland Capital Management LLC lifted its stake in The Hackett Group by 49.6% in the 3rd quarter. Copeland Capital Management LLC now owns 8,458 shares of the business services provider’s stock valued at $85,000 after buying an additional 2,805 shares in the last quarter. State of Wyoming acquired a new stake in The Hackett Group in the 2nd quarter worth about $125,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in The Hackett Group in the 1st quarter worth about $158,000. Institutional investors and hedge funds own 78.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on HCKT. Wall Street Zen raised The Hackett Group from a “hold” rating to a “buy” rating in a research note on Saturday, September 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of The Hackett Group in a research note on Friday, October 2nd. Finally, Zacks Research raised shares of The Hackett Group from a “strong sell” rating to a “hold” rating in a report on Monday, October 5th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, The Hackett Group has a consensus rating of “Hold” and a consensus target price of $16.50.

The Hackett Group Trading Up 0.7%

HCKT opened at $12.62 on Friday. The Hackett Group, Inc. has a one year low of $9.15 and a one year high of $20.68. The stock has a market capitalization of $313.99 million, a PE ratio of 12.41, a P/E/G ratio of 1.07 and a beta of 0.96. The business’s 50 day moving average price is $11.12 and its 200 day moving average price is $12.40. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.94 and a current ratio of 1.94.

The Hackett Group (NASDAQ:HCKT) last announced its quarterly earnings results on Tuesday, August 4th. The business services provider reported $0.34 EPS for the quarter, meeting the consensus estimate of $0.34. The Hackett Group had a return on equity of 34.77% and a net margin of 5.86%. The business had revenue of $69.33 million for the quarter, compared to analyst estimates of $68.80 million. The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. As a group, equities research analysts expect that The Hackett Group, Inc. will post 1.17 EPS for the current year.

About The Hackett Group

The Hackett Group, Inc is a global business and technology consulting firm that helps organizations improve performance, transform operations and adopt digital technologies. Its services are informed by proprietary research, benchmarking data and best-practice insights across major corporate functions.

The company advises clients on finance, human resources, procurement, information technology, supply chain management and other enterprise operations. Its offerings include benchmarking and performance studies, business transformation programs, enterprise performance management, technology consulting and implementation services.