Harbor Capital Advisors Inc. Sells 187,790 Shares of The Hackett Group, Inc. $HCKT

Harbor Capital Advisors Inc. lowered its holdings in The Hackett Group, Inc. (NASDAQ:HCKT) by 71.3% during the 3rd quarter, Holdings Channel reports. The firm owned 75,656 shares of the business services provider’s stock after selling 187,790 shares during the period. Harbor Capital Advisors Inc.’s holdings in The Hackett Group were worth $1,438,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. CWC Advisors LLC. raised its stake in shares of The Hackett Group by 2.6% during the 2nd quarter. CWC Advisors LLC. now owns 16,600 shares of the business services provider’s stock worth $422,000 after purchasing an additional 428 shares during the period. Rhumbline Advisers raised its position in The Hackett Group by 1.5% in the second quarter. Rhumbline Advisers now owns 39,506 shares of the business services provider’s stock worth $1,004,000 after acquiring an additional 581 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in 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 valued at $439,000 after acquiring an additional 614 shares during the last quarter. Haven Private LLC grew its position in shares of The Hackett Group by 2.3% during the 2nd quarter. Haven Private LLC now owns 31,157 shares of the business services provider’s stock valued at $792,000 after acquiring an additional 695 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in shares of The Hackett Group by 7.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,773 shares of the business services provider’s stock worth $248,000 after purchasing an additional 707 shares during the last quarter. 78.12% of the stock is owned by hedge funds and other institutional investors.

The Hackett Group Trading Down 0.3%

NASDAQ:HCKT opened at $19.97 on Friday. The Hackett Group, Inc. has a 1 year low of $17.52 and a 1 year high of $34.02. The stock’s fifty day moving average price is $18.93 and its two-hundred day moving average price is $20.88. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.88 and a quick ratio of 1.88. The company has a market cap of $541.79 million, a P/E ratio of 52.55, a P/E/G ratio of 1.45 and a beta of 1.04.

The Hackett Group (NASDAQ:HCKT) last announced its quarterly earnings results on Tuesday, November 4th. The business services provider reported $0.37 earnings per share for the quarter, meeting the consensus estimate of $0.37. The company had revenue of $73.10 million during the quarter, compared to analysts’ expectations of $74.82 million. The Hackett Group had a return on equity of 23.20% and a net margin of 3.53%.The Hackett Group has set its Q4 2025 guidance at 0.380-0.400 EPS. As a group, analysts expect that The Hackett Group, Inc. will post 1.43 EPS for the current year.

The Hackett Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Tuesday, December 23rd will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, December 23rd. The Hackett Group’s dividend payout ratio (DPR) is 126.32%.

Analyst Upgrades and Downgrades

Several research firms recently commented on HCKT. Barrington Research reiterated an “outperform” rating and issued a $27.00 price objective on shares of The Hackett Group in a research note on Monday, October 27th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of The Hackett Group in a research report on Monday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $27.00.

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.