Principal Financial Group Inc. Has $82.45 Million Stock Holdings in Huron Consulting Group Inc. $HURN

Principal Financial Group Inc. lifted its position in Huron Consulting Group Inc. (NASDAQ:HURN) by 51.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 476,863 shares of the business services provider’s stock after buying an additional 162,706 shares during the quarter. Principal Financial Group Inc.’s holdings in Huron Consulting Group were worth $82,454,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of HURN. Richardson Financial Services Inc. grew its stake in Huron Consulting Group by 68.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock valued at $29,000 after buying an additional 79 shares during the last quarter. Maseco LLP acquired a new position in Huron Consulting Group during the 4th quarter worth $29,000. Clearstead Advisors LLC lifted its position in Huron Consulting Group by 86.2% during the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after acquiring an additional 94 shares during the last quarter. Strs Ohio bought a new stake in Huron Consulting Group during the fourth quarter valued at about $35,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of Huron Consulting Group in the third quarter valued at about $35,000. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Stock Performance

HURN opened at $124.78 on Friday. The stock’s 50 day simple moving average is $130.51 and its 200-day simple moving average is $153.11. The company has a current ratio of 2.22, a quick ratio of 1.17 and a debt-to-equity ratio of 2.10. The stock has a market cap of $2.02 billion, a PE ratio of 21.29 and a beta of 0.15. Huron Consulting Group Inc. has a 1 year low of $112.45 and a 1 year high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, topping the consensus estimate of $1.58 by $0.15. The firm had revenue of $451.77 million during the quarter, compared to analysts’ expectations of $437.12 million. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.Huron Consulting Group’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period last year, the business earned $1.68 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Sell-side analysts forecast that Huron Consulting Group Inc. will post 8.72 EPS for the current year.

Analyst Ratings Changes

HURN has been the topic of a number of research reports. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Monday. Wedbush restated an “outperform” rating and issued a $160.00 price target on shares of Huron Consulting Group in a research report on Wednesday. Finally, Weiss Ratings downgraded shares of Huron Consulting Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.50.

Insider Buying and Selling at Huron Consulting Group

In other news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total transaction of $63,840.00. Following the sale, the director directly owned 40,817 shares in the company, valued at approximately $5,211,514.56. The trade was a 1.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 796 shares of company stock worth $101,411. 2.07% of the stock is currently owned by insiders.

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.