Sunriver Management LLC Has $66.34 Million Position in Huron Consulting Group Inc. $HURN

Sunriver Management LLC lifted its position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 19.5% in the third quarter, HoldingsChannel.com reports. The firm owned 451,985 shares of the business services provider’s stock after purchasing an additional 73,774 shares during the period. Huron Consulting Group comprises 7.2% of Sunriver Management LLC’s investment portfolio, making the stock its 2nd largest position. Sunriver Management LLC’s holdings in Huron Consulting Group were worth $66,338,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HURN. Franklin Resources Inc. increased its holdings in Huron Consulting Group by 0.5% during the 3rd quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock valued at $90,153,000 after purchasing an additional 3,340 shares during the period. BloombergSen Inc. lifted its holdings in Huron Consulting Group by 56.2% in the 3rd quarter. BloombergSen Inc. now owns 365,167 shares of the business services provider’s stock worth $53,596,000 after buying an additional 131,365 shares during the period. Neumeier Poma Investment Counsel LLC grew its position in shares of Huron Consulting Group by 1.7% in the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 277,476 shares of the business services provider’s stock worth $40,725,000 after buying an additional 4,631 shares during the last quarter. SG Capital Management LLC increased its stake in shares of Huron Consulting Group by 131.8% during the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock valued at $36,764,000 after buying an additional 142,448 shares during the period. Finally, American Century Companies Inc. increased its stake in shares of Huron Consulting Group by 16.3% during the third quarter. American Century Companies Inc. now owns 226,110 shares of the business services provider’s stock valued at $33,186,000 after buying an additional 31,695 shares during the period. 93.90% of the stock is owned by institutional investors.

Insider Transactions at Huron Consulting Group

In other news, Director Debra Zumwalt sold 170 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $170.89, for a total value of $29,051.30. Following the sale, the director directly owned 26,469 shares of the company’s stock, valued at $4,523,287.41. The trade was a 0.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Mccartney sold 500 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $168.77, for a total value of $84,385.00. Following the completion of the sale, the director owned 41,817 shares in the company, valued at $7,057,455.09. The trade was a 1.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 796 shares of company stock valued at $134,968. 2.15% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HURN. Wedbush raised their price target on Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Benchmark raised their target price on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, December 24th. Wall Street Zen lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Barrington Research boosted their price target on shares of Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Huron Consulting Group has an average rating of “Buy” and an average price target of $215.50.

Huron Consulting Group Stock Up 0.2%

HURN stock traded up $0.26 during midday trading on Friday, hitting $129.06. The stock had a trading volume of 11,560 shares, compared to its average volume of 313,233. The business has a 50-day moving average of $156.87 and a two-hundred day moving average of $157.22. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 22.17 and a beta of 0.12. Huron Consulting Group Inc. has a 52-week low of $116.12 and a 52-week high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, beating the consensus estimate of $1.94 by $0.23. The business had revenue of $441.96 million during the quarter, compared to analyst estimates of $433.57 million. Huron Consulting Group had a return on equity of 28.20% and a net margin of 6.18%.The company’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.90 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, equities research analysts forecast that Huron Consulting Group Inc. will post 6.1 earnings per share for the current fiscal year.

Huron Consulting Group Company 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.