Torray Investment Partners LLC Raises Position in Huron Consulting Group Inc. $HURN

Torray Investment Partners LLC increased its holdings in Huron Consulting Group Inc. (NASDAQ:HURN) by 141.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 13,016 shares of the business services provider’s stock after purchasing an additional 7,616 shares during the period. Torray Investment Partners LLC’s holdings in Huron Consulting Group were worth $2,251,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Boston Partners boosted its holdings in Huron Consulting Group by 17.0% in the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after buying an additional 129,073 shares during the period. Franklin Resources Inc. boosted its holdings in Huron Consulting Group by 0.5% in the 3rd quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock worth $90,153,000 after buying an additional 3,340 shares during the period. Sunriver Management LLC boosted its holdings in Huron Consulting Group by 19.5% in the 3rd quarter. Sunriver Management LLC now owns 451,985 shares of the business services provider’s stock worth $66,338,000 after buying an additional 73,774 shares during the period. BloombergSen Inc. boosted its holdings in Huron Consulting Group by 56.2% in the 3rd quarter. BloombergSen Inc. now owns 365,167 shares of the business services provider’s stock valued at $53,596,000 after purchasing an additional 131,365 shares during the period. Finally, Neumeier Poma Investment Counsel LLC boosted its holdings in Huron Consulting Group by 1.7% in the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 277,476 shares of the business services provider’s stock valued at $40,725,000 after purchasing an additional 4,631 shares during the period. 93.90% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total value of $63,840.00. Following the transaction, the director owned 40,817 shares in the company, valued at $5,211,514.56. This trade represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,296 shares of company stock valued at $185,796. 2.07% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have commented on HURN shares. Wedbush started coverage on shares of Huron Consulting Group in a report on Thursday, April 9th. They issued an “outperform” rating and a $160.00 price target for the company. Benchmark raised their price target on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, December 24th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Finally, Barrington Research raised their price target on shares of Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a report on Monday, January 5th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $205.50.

Huron Consulting Group Trading Down 3.0%

NASDAQ:HURN traded down $3.78 during trading hours on Thursday, reaching $123.66. The company’s stock had a trading volume of 18,584 shares, compared to its average volume of 285,491. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 21.08 and a beta of 0.19. The firm has a 50-day simple moving average of $130.80 and a 200-day simple moving average of $154.46. Huron Consulting Group Inc. has a 1 year low of $116.12 and a 1 year high of $186.77. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.17 and a current ratio of 1.17.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.23. The company had revenue of $441.96 million for the quarter, compared to analysts’ expectations of $433.57 million. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The firm’s revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.90 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Research analysts expect that Huron Consulting Group Inc. will post 8.71 EPS for the current fiscal year.

Huron Consulting Group Profile

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.