Isthmus Partners LLC Invests $1.52 Million in Huron Consulting Group Inc. $HURN

Isthmus Partners LLC purchased a new stake in shares of Huron Consulting Group Inc. (NASDAQ:HURN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,895 shares of the business services provider’s stock, valued at approximately $1,516,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Maseco LLP purchased a new stake in Huron Consulting Group in the fourth quarter worth about $29,000. Strs Ohio purchased a new position in Huron Consulting Group during the 4th quarter valued at about $35,000. Kemnay Advisory Services Inc. purchased a new position in Huron Consulting Group during the 4th quarter valued at about $39,000. Brown Brothers Harriman & Co. bought a new stake in shares of Huron Consulting Group in the 3rd quarter valued at about $35,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in shares of Huron Consulting Group by 11,900.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 238 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on HURN. Wedbush reiterated an “outperform” rating and set a $160.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Finally, Truist Financial cut their price target on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $184.25.

Huron Consulting Group Trading Down 2.8%

NASDAQ HURN opened at $103.01 on Thursday. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 2.10. The firm has a market cap of $1.67 billion, a PE ratio of 17.58 and a beta of 0.12. The company has a 50 day moving average price of $106.63 and a 200 day moving average price of $133.97. Huron Consulting Group Inc. has a 52 week low of $84.88 and a 52 week high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.15. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The company had revenue of $451.77 million during the quarter, compared to the consensus estimate of $437.12 million. During the same period last year, the firm earned $1.68 earnings per share. Huron Consulting Group’s revenue was up 12.1% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, sell-side analysts forecast that Huron Consulting Group Inc. will post 8.71 EPS for the current fiscal year.

Insider Activity

In related news, Director Ekta Singh-Bushell sold 443 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $52,468.92. Following the transaction, the director directly owned 13,646 shares of the company’s stock, valued at $1,616,232.24. This represents a 3.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joy Brown sold 1,821 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $105.01, for a total value of $191,223.21. Following the completion of the sale, the director owned 8,575 shares of the company’s stock, valued at approximately $900,460.75. This trade represents a 17.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,862 shares of company stock worth $314,519. Insiders own 2.07% of the company’s stock.

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.