Quantinno Capital Management LP Has $1.27 Million Position in Forrester Research, Inc. $FORR

Quantinno Capital Management LP grew its stake in shares of Forrester Research, Inc. (NASDAQ:FORR) by 81.0% during the 1st quarter, HoldingsChannel reports. The fund owned 224,085 shares of the technology company’s stock after acquiring an additional 100,276 shares during the period. Quantinno Capital Management LP’s holdings in Forrester Research were worth $1,268,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC raised its holdings in shares of Forrester Research by 7.8% during the second quarter. Jane Street Group LLC now owns 20,741 shares of the technology company’s stock worth $205,000 after acquiring an additional 1,494 shares in the last quarter. Engineers Gate Manager LP grew its stake in Forrester Research by 9.7% in the second quarter. Engineers Gate Manager LP now owns 19,626 shares of the technology company’s stock valued at $194,000 after purchasing an additional 1,728 shares in the last quarter. Bank of New York Mellon Corp increased its position in Forrester Research by 3.4% in the 1st quarter. Bank of New York Mellon Corp now owns 68,756 shares of the technology company’s stock worth $389,000 after purchasing an additional 2,266 shares during the last quarter. Federated Hermes Inc. increased its position in Forrester Research by 1.0% in the 2nd quarter. Federated Hermes Inc. now owns 252,810 shares of the technology company’s stock worth $2,503,000 after purchasing an additional 2,446 shares during the last quarter. Finally, Squarepoint Ops LLC raised its stake in shares of Forrester Research by 9.7% during the 4th quarter. Squarepoint Ops LLC now owns 31,145 shares of the technology company’s stock worth $253,000 after purchasing an additional 2,752 shares in the last quarter. 55.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Forrester Research from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Forrester Research Stock Performance

Shares of FORR opened at $11.38 on Friday. The firm has a market cap of $216.68 million, a price-to-earnings ratio of -5.06, a price-to-earnings-growth ratio of 2.22 and a beta of 0.93. The company’s fifty day moving average is $9.29 and its 200-day moving average is $7.37. The company has a quick ratio of 0.92, a current ratio of 1.06 and a debt-to-equity ratio of 0.29. Forrester Research, Inc. has a 12 month low of $4.88 and a 12 month high of $12.33.

Forrester Research (NASDAQ:FORR) last released its quarterly earnings data on Thursday, July 30th. The technology company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.14. The business had revenue of $100.23 million during the quarter, compared to analyst estimates of $96.91 million. Forrester Research had a negative net margin of 11.17% and a positive return on equity of 6.19%. Forrester Research has set its FY 2026 guidance at 0.720-0.820 EPS. Equities analysts expect that Forrester Research, Inc. will post 0.38 EPS for the current fiscal year.

About Forrester Research

Forrester Research, Inc is a leading global research and advisory firm that provides insights and guidance to business and technology leaders. Founded in 1983 and headquartered in Cambridge, Massachusetts, the company offers a wide range of services designed to help clients understand market dynamics, evaluate technology investments and develop customer-centric strategies. Forrester’s core offerings include syndicated research reports, bespoke advisory services, consulting engagements and data-driven analytics.

Through its extensive research practice, Forrester produces in-depth analyses of emerging technologies, industry trends and best practices across sectors such as information technology, marketing, customer experience and digital business.