Zacks Research Downgrades Huron Consulting Group (NASDAQ:HURN) to Hold

Key Points

• Zacks Research downgraded Huron Consulting Group to “Hold” from “Strong Buy,” while the broader analyst consensus remains “Moderate Buy” with a $184.25 price target.
• Huron reported stronger-than-expected quarterly results, with $2.46 in earnings per share and $475.04 million in revenue; revenue increased 15.7% year over year.
• The stock opened at $156.36, down 0.8%, while insiders—including CEO C. Hussey—reported stock sales. Institutional investors own a substantial 93.9% of outstanding shares.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) was downgraded by equities researchers at Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued on Monday, Zacks reports.

HURN has been the subject of several other research reports. Truist Financial decreased their price target on shares of Huron Consulting Group to $155.00 and set a "buy" rating for the company in a report on Tuesday, June 9th. Weiss Ratings upgraded Huron Consulting Group from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, September 3rd. Barrington Research restated an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Finally, Wall Street Zen raised Huron Consulting Group from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $184.25.

Huron Consulting Group Stock Down 0.8%

Shares of NASDAQ HURN opened at $156.36 on Monday. Huron Consulting Group has a 1 year low of $84.88 and a 1 year high of $186.77. The firm's 50-day moving average is $151.60 and its 200-day moving average is $127.53. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.11. The firm has a market capitalization of $2.49 billion, a PE ratio of 23.41 and a beta of 0.07.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.29. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The business had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. During the same period in the prior year, the business posted $1.89 earnings per share. Huron Consulting Group's revenue was up 15.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. Equities analysts expect that Huron Consulting Group will post 9.18 EPS for the current year.

Insider Activity at Huron Consulting Group

In other news, insider Kyle Featherstone sold 459 shares of Huron Consulting Group stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $152.67, for a total transaction of $70,075.53. Following the completion of the transaction, the insider directly owned 1,050 shares in the company, valued at approximately $160,303.50. The trade was a 30.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO C. Hussey sold 24,072 shares of the business's stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total value of $3,986,082.48. Following the transaction, the chief executive officer directly owned 74,399 shares in the company, valued at $12,319,730.41. The trade was a 24.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.07% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HURN. Tidal Investments LLC acquired a new position in shares of Huron Consulting Group in the second quarter valued at $547,000. Squarepoint Ops LLC lifted its stake in shares of Huron Consulting Group by 1,272.1% during the 2nd quarter. Squarepoint Ops LLC now owns 38,075 shares of the business services provider's stock worth $3,433,000 after buying an additional 35,300 shares during the last quarter. Nykredit A S acquired a new stake in shares of Huron Consulting Group during the 2nd quarter worth about $111,000. Corient Private Wealth LP bought a new stake in shares of Huron Consulting Group during the 2nd quarter worth about $2,815,000. Finally, Keeler Thomas Management LLC boosted its holdings in shares of Huron Consulting Group by 6.6% during the 2nd quarter. Keeler Thomas Management LLC now owns 7,042 shares of the business services provider's stock worth $635,000 after buying an additional 438 shares during the period. 93.90% of the stock is owned by institutional investors.

About Huron Consulting Group

Huron Consulting Group Inc NASDAQ: HURN is a professional services firm that helps organizations improve performance, manage change and address complex business challenges. The company works with clients across the healthcare, education, commercial and public sectors, providing consulting, technology and managed services.

Huron's services include strategic planning, operational improvement, organizational transformation, financial and performance management, data and analytics, and technology implementation.

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