SG Americas Securities LLC Acquires 102,638 Shares of The Hackett Group, Inc. $HCKT

SG Americas Securities LLC lifted its stake in The Hackett Group, Inc. (NASDAQ:HCKT) by 160.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 166,458 shares of the business services provider’s stock after acquiring an additional 102,638 shares during the period. SG Americas Securities LLC’s holdings in The Hackett Group were worth $2,166,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in HCKT. Royal Bank of Canada boosted its holdings in The Hackett Group by 253.5% in the 1st quarter. Royal Bank of Canada now owns 32,776 shares of the business services provider’s stock valued at $957,000 after purchasing an additional 23,503 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of The Hackett Group by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the business services provider’s stock worth $439,000 after purchasing an additional 614 shares during the period. Jane Street Group LLC purchased a new stake in shares of The Hackett Group in the first quarter worth $1,379,000. Rhumbline Advisers boosted its stake in The Hackett Group by 1.5% during the second quarter. Rhumbline Advisers now owns 39,506 shares of the business services provider’s stock valued at $1,004,000 after buying an additional 581 shares during the period. Finally, American Century Companies Inc. boosted its stake in The Hackett Group by 7.3% during the second quarter. American Century Companies Inc. now owns 64,276 shares of the business services provider’s stock valued at $1,634,000 after buying an additional 4,399 shares during the period. 78.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on HCKT. Zacks Research cut The Hackett Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 19th. Roth Mkm set a $17.00 price objective on The Hackett Group in a report on Wednesday, May 6th. Weiss Ratings cut shares of The Hackett Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 8th. Wall Street Zen lowered shares of The Hackett Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Barrington Research cut their price target on shares of The Hackett Group from $17.00 to $16.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $16.50.

The Hackett Group Trading Up 2.2%

Shares of HCKT stock opened at $11.01 on Thursday. The business has a 50-day moving average price of $11.15 and a two-hundred day moving average price of $14.45. The Hackett Group, Inc. has a 12-month low of $9.15 and a 12-month high of $26.09. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 1.19. The firm has a market cap of $277.34 million, a P/E ratio of 20.77, a price-to-earnings-growth ratio of 0.88 and a beta of 0.92.

The Hackett Group (NASDAQ:HCKT) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). The firm had revenue of $68.80 million for the quarter, compared to analysts’ expectations of $71.23 million. The Hackett Group had a net margin of 4.75% and a return on equity of 26.70%. The Hackett Group has set its Q2 2026 guidance at 0.330-0.350 EPS. Equities analysts anticipate that The Hackett Group, Inc. will post 1.23 EPS for the current fiscal year.

The Hackett Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.48 annualized dividend and a dividend yield of 4.4%. The Hackett Group’s dividend payout ratio (DPR) is 90.57%.

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.