Weber Capital Management LLC ADV bought a new stake in The Hackett Group, Inc. (NASDAQ:HCKT – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 225,663 shares of the business services provider’s stock, valued at approximately $2,430,391. The Hackett Group comprises approximately 0.0% of Weber Capital Management LLC ADV’s investment portfolio, making the stock its 9th biggest position. Weber Capital Management LLC ADV owned 0.91% of The Hackett Group as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in HCKT. Lazard Asset Management LLC purchased a new stake in The Hackett Group during the 1st quarter valued at $1,624,000. SG Americas Securities LLC grew its stake in The Hackett Group by 160.8% during the 1st quarter. SG Americas Securities LLC now owns 166,458 shares of the business services provider’s stock worth $2,166,000 after buying an additional 102,638 shares during the last quarter. Quantinno Capital Management LP boosted its stake in shares of The Hackett Group by 554.1% during the 1st quarter. Quantinno Capital Management LP now owns 199,993 shares of the business services provider’s stock worth $2,602,000 after acquiring an additional 169,420 shares in the last quarter. UBS Group AG increased its position in The Hackett Group by 207.4% during the fourth quarter. UBS Group AG now owns 411,992 shares of the business services provider’s stock worth $8,087,000 after purchasing an additional 277,987 shares during the last quarter. Finally, Royce & Associates LP lifted its holdings in The Hackett Group by 2.4% during the 4th quarter. Royce & Associates LP now owns 2,642,287 shares of the business services provider’s stock worth $51,868,000 after buying an additional 60,956 shares in the last quarter. 78.12% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on HCKT shares. Roth Capital set a $17.00 target price on shares of The Hackett Group in a report on Wednesday, May 6th. Zacks Research cut The Hackett Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Wall Street Zen downgraded shares of The Hackett Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Barrington Research decreased 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. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of The Hackett Group in a research note on Monday, July 6th. One investment analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $16.50.
The Hackett Group Stock Up 2.1%
Shares of NASDAQ:HCKT traded up $0.23 during trading hours on Friday, reaching $11.41. The stock had a trading volume of 49,931 shares, compared to its average volume of 333,857. The firm’s 50 day moving average is $10.67 and its 200-day moving average is $11.91. The Hackett Group, Inc. has a 1 year low of $9.15 and a 1 year high of $21.33. The stock has a market capitalization of $283.88 million, a price-to-earnings ratio of 17.55, a P/E/G ratio of 0.94 and a beta of 0.92. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.94 and a current ratio of 1.94.
The Hackett Group (NASDAQ:HCKT – Get Free Report) last posted its earnings results on Tuesday, August 4th. The business services provider reported $0.34 earnings per share for the quarter, meeting the consensus estimate of $0.34. The Hackett Group had a net margin of 5.86% and a return on equity of 34.77%. The business had revenue of $69.33 million for the quarter, compared to analyst estimates of $68.80 million. The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. Research analysts predict that The Hackett Group, Inc. will post 1.17 earnings per share for the current fiscal year.
The Hackett Group Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, September 18th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.2%. The Hackett Group’s dividend payout ratio is 73.85%.
The Hackett Group Company Profile
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.
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