Bank of America Corp DE Boosts Stock Holdings in Huron Consulting Group Inc. $HURN

Key Points

• Bank of America increased its Huron Consulting Group stake by 6.6% in the first quarter, owning 267,172 shares worth approximately $34.1 million. Institutional investors collectively hold 93.9% of HURN.
• Huron reported quarterly EPS of $2.46, beating estimates of $2.17, while revenue rose 15.7% year over year to $475.04 million. The company issued fiscal 2026 EPS guidance of $9.00–$9.40.
• Analyst sentiment remains generally positive, with the stock carrying a consensus “Buy” rating and an average price target of $184.25, although insiders sold 26,352 shares worth about $4.25 million over the past 90 days.

Bank of America Corp DE grew its position in Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) by 6.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 267,172 shares of the business services provider's stock after acquiring an additional 16,482 shares during the quarter. Bank of America Corp DE owned about 1.65% of Huron Consulting Group worth $34,062,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HURN. California State Teachers Retirement System increased its stake in shares of Huron Consulting Group by 25.9% during the first quarter. California State Teachers Retirement System now owns 20,621 shares of the business services provider's stock worth $2,629,000 after buying an additional 4,239 shares during the period. Empowered Funds LLC purchased a new stake in shares of Huron Consulting Group in the 1st quarter valued at about $258,000. Quantinno Capital Management LP lifted its stake in Huron Consulting Group by 58.4% in the first quarter. Quantinno Capital Management LP now owns 5,576 shares of the business services provider's stock valued at $711,000 after buying an additional 2,056 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in Huron Consulting Group by 13.8% in the 1st quarter. Public Employees Retirement System of Ohio now owns 35,142 shares of the business services provider's stock valued at $4,480,000 after purchasing an additional 4,267 shares during the last quarter. Finally, Keebeck Wealth Management boosted its stake in shares of Huron Consulting Group by 8.3% during the first quarter. Keebeck Wealth Management now owns 4,064 shares of the business services provider's stock worth $518,000 after buying an additional 313 shares during the period. Institutional investors and hedge funds own 93.90% of the company's stock.

Huron Consulting Group Stock Performance

HURN opened at $151.87 on Friday. The business has a fifty day simple moving average of $117.58 and a 200-day simple moving average of $125.49. The firm has a market cap of $2.42 billion, a PE ratio of 22.74 and a beta of 0.06. Huron Consulting Group Inc. has a fifty-two week low of $84.88 and a fifty-two week high of $186.77. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 2.11.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its earnings results 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 return on equity of 32.33% and a net margin of 6.38%.The company had revenue of $475.04 million for the quarter, compared to analysts' expectations of $448.98 million. During the same quarter in the previous year, the business posted $1.89 EPS. The business's revenue for the quarter was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, equities analysts predict that Huron Consulting Group Inc. will post 9.18 EPS for the current fiscal year.

Insider Activity at Huron Consulting Group

In related news, insider Kyle Featherstone sold 459 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $152.67, for a total value of $70,075.53. Following the completion of the transaction, the insider owned 1,050 shares of the company's stock, valued at $160,303.50. This represents a 30.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO C. Mark Hussey sold 24,072 shares of the 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 completion of the transaction, the chief executive officer directly owned 74,399 shares of the company's stock, valued at approximately $12,319,730.41. The trade was a 24.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 26,352 shares of company stock worth $4,247,381 in the last ninety days. 2.07% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Barrington Research reiterated an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Wall Street Zen raised shares of Huron Consulting Group from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Huron Consulting Group in a research note on Friday, August 7th. Zacks Research raised Huron Consulting Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 29th. Finally, Truist Financial cut their price target on shares of Huron Consulting Group to $155.00 and set a "buy" rating on the stock in a report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $184.25.

About Huron Consulting Group

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.

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