Trigran Investments Inc. Sells 274,645 Shares of The Hackett Group, Inc. $HCKT

Trigran Investments Inc. lowered its holdings in shares of The Hackett Group, Inc. (NASDAQ:HCKT) by 34.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 521,758 shares of the business services provider’s stock after selling 274,645 shares during the period. The Hackett Group accounts for approximately 2.0% of Trigran Investments Inc.’s holdings, making the stock its 14th largest position. Trigran Investments Inc. owned about 1.92% of The Hackett Group worth $10,242,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Barclays PLC grew its holdings in The Hackett Group by 8.1% during the fourth quarter. Barclays PLC now owns 45,706 shares of the business services provider’s stock worth $897,000 after purchasing an additional 3,436 shares during the period. First Trust Advisors LP grew its holdings in The Hackett Group by 25.5% during the fourth quarter. First Trust Advisors LP now owns 40,373 shares of the business services provider’s stock worth $793,000 after purchasing an additional 8,194 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in The Hackett Group by 70.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 37,946 shares of the business services provider’s stock worth $745,000 after purchasing an additional 15,690 shares during the period. Quadrant Capital Group LLC bought a new position in The Hackett Group during the fourth quarter worth about $41,000. Finally, HRT Financial LP grew its holdings in The Hackett Group by 59.5% during the fourth quarter. HRT Financial LP now owns 74,653 shares of the business services provider’s stock worth $1,465,000 after purchasing an additional 27,839 shares during the period. Institutional investors own 78.12% of the company’s stock.

The Hackett Group Stock Performance

Shares of NASDAQ:HCKT opened at $11.00 on Monday. The Hackett Group, Inc. has a 12-month low of $9.15 and a 12-month high of $26.09. The stock has a market cap of $277.09 million, a PE ratio of 20.76, a P/E/G ratio of 0.89 and a beta of 0.92. The business has a 50 day moving average of $11.84 and a 200-day moving average of $15.22. 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 Hackett Group (NASDAQ:HCKT) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). The Hackett Group had a return on equity of 26.70% and a net margin of 4.75%.The firm had revenue of $68.80 million for the quarter, compared to the consensus estimate of $71.23 million. The Hackett Group has set its Q2 2026 guidance at 0.330-0.350 EPS. As a group, equities research analysts forecast that The Hackett Group, Inc. will post 1.23 earnings per share for the current year.

The Hackett Group Dividend Announcement

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

Analysts Set New Price Targets

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

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.