The Hackett Group (NASDAQ:HCKT – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.370-0.390 for the period, compared to the consensus estimate of 0.380. The company issued revenue guidance of $68.0 million-$70.0 million, compared to the consensus revenue estimate of $73.0 million.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on HCKT. Barrington Research reduced their price objective 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. Zacks Research raised shares of The Hackett Group from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of The Hackett Group in a research note on Monday, July 6th. Roth Capital set a $17.00 target price on The Hackett Group in a research report on Wednesday, May 6th. Finally, Wall Street Zen cut The Hackett Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $16.50.
The Hackett Group Stock Down 6.4%
The Hackett Group (NASDAQ:HCKT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.34. The firm had revenue of $69.33 million for the quarter, compared to analyst estimates of $68.80 million. The Hackett Group had a return on equity of 33.62% and a net margin of 5.86%.The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. Sell-side analysts predict that The Hackett Group will post 1.23 EPS for the current year.
The Hackett Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be given 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 yield of 4.5%. The Hackett Group’s dividend payout ratio (DPR) is 90.57%.
Institutional Trading of The Hackett Group
Several hedge funds and other institutional investors have recently made changes to their positions in HCKT. Royal Bank of Canada increased its stake in The Hackett Group by 253.5% in the first quarter. Royal Bank of Canada now owns 32,776 shares of the business services provider’s stock valued at $957,000 after purchasing an additional 23,503 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in The Hackett Group by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the business services provider’s stock valued at $439,000 after buying an additional 614 shares in the last quarter. Jane Street Group LLC bought a new position in The Hackett Group in the first quarter worth approximately $1,379,000. Rhumbline Advisers grew its stake 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 valued at $1,004,000 after acquiring an additional 581 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of The Hackett Group by 7.3% during the second quarter. American Century Companies Inc. now owns 64,276 shares of the business services provider’s stock valued at $1,634,000 after acquiring an additional 4,399 shares in the last quarter. 78.12% of the stock is currently owned by institutional investors.
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.
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