Empowered Funds LLC Sells 17,778 Shares of Heidrick & Struggles International, Inc. $HSII

Key Points

• Empowered Funds LLC has reduced its stake in Heidrick & Struggles International by 9.3%, selling 17,778 shares and now owning 0.84% of the company valued at $7.38 million.
• Heidrick & Struggles International reported earnings of $0.85 per share for the latest quarter, surpassing estimates with revenue of $317.25 million.
• The company recently declared a quarterly dividend of $0.15 per share, representing an annual yield of 1.2% and a dividend payout ratio of 37.74%.

Empowered Funds LLC decreased its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 9.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 172,390 shares of the business services provider's stock after selling 17,778 shares during the quarter. Empowered Funds LLC owned 0.84% of Heidrick & Struggles International worth $7,383,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of HSII. Northern Trust Corp boosted its position in shares of Heidrick & Struggles International by 9.5% in the 4th quarter. Northern Trust Corp now owns 251,778 shares of the business services provider's stock valued at $11,156,000 after purchasing an additional 21,843 shares during the period. Jane Street Group LLC boosted its position in shares of Heidrick & Struggles International by 259.2% in the 4th quarter. Jane Street Group LLC now owns 31,595 shares of the business services provider's stock valued at $1,400,000 after purchasing an additional 22,798 shares during the period. BNP Paribas Financial Markets boosted its position in Heidrick & Struggles International by 1.2% during the 4th quarter. BNP Paribas Financial Markets now owns 34,570 shares of the business services provider's stock worth $1,532,000 after acquiring an additional 400 shares during the period. Deutsche Bank AG boosted its position in Heidrick & Struggles International by 51.8% during the 4th quarter. Deutsche Bank AG now owns 18,419 shares of the business services provider's stock worth $816,000 after acquiring an additional 6,285 shares during the period. Finally, Lazard Asset Management LLC boosted its position in Heidrick & Struggles International by 35.3% during the 4th quarter. Lazard Asset Management LLC now owns 59,252 shares of the business services provider's stock worth $2,625,000 after acquiring an additional 15,448 shares during the period. Institutional investors and hedge funds own 90.13% of the company's stock.

Heidrick & Struggles International Stock Performance

Heidrick & Struggles International stock traded down $0.52 on Tuesday, reaching $49.47. The company's stock had a trading volume of 10,547 shares, compared to its average volume of 127,826. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 31.10, a PEG ratio of 0.98 and a beta of 1.07. The business's fifty day moving average price is $47.93 and its 200 day moving average price is $44.46. Heidrick & Struggles International, Inc. has a twelve month low of $36.49 and a twelve month high of $52.17.

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

Heidrick & Struggles International Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HSII shares. Wall Street Zen upgraded Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 9th. Barrington Research lifted their price target on Heidrick & Struggles International from $52.00 to $56.00 and gave the company an "outperform" rating in a report on Friday, August 22nd. Finally, Truist Financial raised their price objective 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 equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $51.00.

About Heidrick & Struggles International

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.