Bank of New York Mellon Corp Takes $5.54 Million Position in Huron Consulting Group Inc. $HURN

Key Points

• Bank of New York Mellon acquired 61,460 Huron Consulting Group shares worth approximately $5.54 million, while institutional investors collectively own 93.9% of the company.
• Huron reported strong quarterly results, with EPS of $2.46 versus the $2.17 consensus estimate and revenue of $475.04 million, up 15.7% year over year. The company guided to fiscal 2026 EPS of $9.00–$9.40.
• Analysts maintain a generally positive outlook, with HURN carrying an average “Buy” rating and a consensus price target of $184.25, although CEO C. Hussey sold shares valued at nearly $4.0 million under a pre-arranged trading plan.

Bank of New York Mellon Corp bought a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 61,460 shares of the business services provider's stock, valued at approximately $5,541,000. Bank of New York Mellon Corp owned about 0.39% of Huron Consulting Group as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Fiduciary Management Inc. WI acquired a new position in Huron Consulting Group in the fourth quarter valued at $90,661,000. Principal Financial Group Inc. boosted its position in shares of Huron Consulting Group by 51.8% during the 4th quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider's stock valued at $82,454,000 after purchasing an additional 162,706 shares in the last quarter. Boston Partners boosted its position in shares of Huron Consulting Group by 17.0% during the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider's stock valued at $130,803,000 after purchasing an additional 129,073 shares in the last quarter. Capital International Investors grew its stake in Huron Consulting Group by 964.2% during the fourth quarter. Capital International Investors now owns 98,443 shares of the business services provider's stock worth $17,022,000 after purchasing an additional 89,193 shares during the period. Finally, Jennison Associates LLC grew its stake in Huron Consulting Group by 13.6% during the first quarter. Jennison Associates LLC now owns 667,887 shares of the business services provider's stock worth $85,149,000 after purchasing an additional 80,132 shares during the period. Institutional investors own 93.90% of the company's stock.

Huron Consulting Group Trading Down 1.8%

Shares of Huron Consulting Group stock opened at $155.27 on Friday. The stock has a market capitalization of $2.47 billion, a P/E ratio of 23.24 and a beta of 0.07. Huron Consulting Group Inc. has a 52-week low of $84.88 and a 52-week high of $186.77. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.71 and a current ratio of 1.71. The stock's 50-day simple moving average is $134.53 and its 200 day simple moving average is $125.44.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, topping 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 firm had revenue of $475.04 million during the quarter, compared to the consensus estimate of $448.98 million. During the same quarter last year, the company earned $1.89 earnings per share. The company's revenue 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, research analysts anticipate that Huron Consulting Group Inc. will post 9.18 EPS for the current year.

Insider Activity at Huron Consulting Group

In related news, CEO C. Hussey sold 24,072 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, July 29th. The shares were 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 in the company, valued at approximately $12,319,730.41. The trade was a 24.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $152.67, for a total value of $70,075.53. Following the sale, the insider owned 1,050 shares in the company, valued at approximately $160,303.50. This represents a 30.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.07% of the stock is currently owned by company insiders.

Analyst Ratings Changes

HURN has been the subject of several recent analyst reports. Truist Financial reduced their price objective on shares of Huron Consulting Group to $155.00 and set a "buy" rating for the company in a research report on Tuesday, June 9th. Zacks Research raised shares of Huron Consulting Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 29th. Weiss Ratings upgraded shares of Huron Consulting Group from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday. Barrington Research reaffirmed an "outperform" rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Finally, Wall Street Zen upgraded shares of Huron Consulting Group from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Huron Consulting Group 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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