Algert Global LLC Sells 7,114 Shares of Heidrick & Struggles International, Inc. $HSII

Key Points

• Algert Global LLC sold 7,114 shares, reducing its stake in Heidrick & Struggles International by 18.4%, and now holds approximately 31,645 shares valued at $1.35 million.
• Heidrick & Struggles reported earnings of $0.85 per share for the last quarter, exceeding analysts' expectations, while also achieving a revenue of $317.25 million.
• The company announced a quarterly dividend of $0.15, yielding 1.2%, scheduled for payment on August 28, with a payout ratio of 37.74%.

Algert Global LLC cut its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 18.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,645 shares of the business services provider's stock after selling 7,114 shares during the period. Algert Global LLC owned about 0.15% of Heidrick & Struggles International worth $1,355,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of HSII. Vanguard Group Inc. grew its stake in shares of Heidrick & Struggles International by 0.3% in the first quarter. Vanguard Group Inc. now owns 1,522,327 shares of the business services provider's stock worth $65,201,000 after purchasing an additional 4,666 shares during the last quarter. American Century Companies Inc. grew its holdings in Heidrick & Struggles International by 50.5% during the 1st quarter. American Century Companies Inc. now owns 432,731 shares of the business services provider's stock worth $18,534,000 after acquiring an additional 145,162 shares during the period. LSV Asset Management grew its holdings in Heidrick & Struggles International by 6.3% during the 1st quarter. LSV Asset Management now owns 262,675 shares of the business services provider's stock worth $11,250,000 after acquiring an additional 15,547 shares during the period. Northern Trust Corp grew its holdings in Heidrick & Struggles International by 9.5% during the 4th quarter. Northern Trust Corp now owns 251,778 shares of the business services provider's stock worth $11,156,000 after acquiring an additional 21,843 shares during the period. Finally, Jacobs Levy Equity Management Inc. grew its holdings in Heidrick & Struggles International by 1.7% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 228,645 shares of the business services provider's stock worth $10,131,000 after acquiring an additional 3,868 shares during the period. 90.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HSII. Wall Street Zen upgraded Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. Barrington Research raised their target price on Heidrick & Struggles International from $52.00 to $56.00 and gave the company an "outperform" rating in a research note on Friday. Finally, Truist Financial raised their target price on Heidrick & Struggles International from $44.00 to $46.00 and gave the company a "hold" rating in a research note on Friday, June 20th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $51.00.

Heidrick & Struggles International Stock Down 1.1%

Heidrick & Struggles International stock traded down $0.57 during trading on Monday, hitting $51.21. The stock had a trading volume of 90,619 shares, compared to its average volume of 103,806. Heidrick & Struggles International, Inc. has a 1 year low of $35.54 and a 1 year high of $52.17. The stock's 50 day moving average is $46.36 and its two-hundred day moving average is $43.69. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 32.21, a price-to-earnings-growth ratio of 1.04 and a beta of 1.06.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its earnings results on Monday, August 4th. The business services provider reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.11. The firm had revenue of $317.25 million for the quarter, compared to the consensus estimate of $292.94 million. Heidrick & Struggles International had a return on equity of 14.85% and a net margin of 2.92%. Heidrick & Struggles International has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Thursday, August 14th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $0.60 annualized dividend and a dividend yield of 1.2%. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 37.74%.

Heidrick & Struggles International Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.