North Star Investment Management Corp. Trims Stock Position in The Hackett Group, Inc. $HCKT

North Star Investment Management Corp. trimmed its stake in The Hackett Group, Inc. (NASDAQ:HCKT) by 34.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 71,325 shares of the business services provider’s stock after selling 37,000 shares during the period. North Star Investment Management Corp.’s holdings in The Hackett Group were worth $1,356,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allianz Asset Management GmbH boosted its position in shares of The Hackett Group by 30.6% in the 2nd quarter. Allianz Asset Management GmbH now owns 76,000 shares of the business services provider’s stock valued at $1,932,000 after purchasing an additional 17,800 shares during the period. Geode Capital Management LLC lifted its stake in The Hackett Group by 2.4% in the second quarter. Geode Capital Management LLC now owns 765,243 shares of the business services provider’s stock valued at $19,455,000 after buying an additional 18,196 shares during the last quarter. Boston Partners boosted its holdings in shares of The Hackett Group by 1.8% in the second quarter. Boston Partners now owns 533,948 shares of the business services provider’s stock valued at $13,305,000 after acquiring an additional 9,477 shares during the period. Teacher Retirement System of Texas boosted its holdings in shares of The Hackett Group by 50.5% in the second quarter. Teacher Retirement System of Texas now owns 216,781 shares of the business services provider’s stock valued at $5,511,000 after acquiring an additional 72,761 shares during the period. Finally, Cubist Systematic Strategies LLC grew its position in shares of The Hackett Group by 19.6% during the first quarter. Cubist Systematic Strategies LLC now owns 42,584 shares of the business services provider’s stock worth $1,244,000 after acquiring an additional 6,972 shares during the last quarter. 78.12% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on HCKT. Barrington Research reiterated an “outperform” rating and issued a $27.00 price target on shares of The Hackett Group in a research report on Monday, October 27th. Weiss Ratings restated a “sell (d+)” rating on shares of The Hackett Group in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $27.00.

The Hackett Group Stock Performance

NASDAQ:HCKT opened at $19.84 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.88 and a quick ratio of 1.88. The firm has a market cap of $538.26 million, a price-to-earnings ratio of 52.21, a price-to-earnings-growth ratio of 1.23 and a beta of 1.04. The firm’s fifty day moving average price is $19.03 and its 200 day moving average price is $20.63. The Hackett Group, Inc. has a 1-year low of $17.52 and a 1-year high of $34.02.

The Hackett Group (NASDAQ:HCKT) last announced its quarterly earnings data on Tuesday, November 4th. The business services provider reported $0.37 EPS for the quarter, hitting analysts’ consensus estimates of $0.37. The Hackett Group had a net margin of 3.53% and a return on equity of 23.20%. The company had revenue of $73.10 million during the quarter, compared to the consensus estimate of $74.82 million. The Hackett Group has set its Q4 2025 guidance at 0.380-0.400 EPS. On average, sell-side analysts expect that The Hackett Group, Inc. will post 1.43 EPS for the current year.

The Hackett Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Tuesday, December 23rd will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, December 23rd. The Hackett Group’s payout ratio is currently 126.32%.

About The Hackett Group

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.