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 lessened its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 9.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northern Trust Corp increased its stake 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 valued at $11,156,000 after purchasing an additional 21,843 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Heidrick & Struggles International by 50.5% in the first quarter. American Century Companies Inc. now owns 432,731 shares of the business services provider's stock valued at $18,534,000 after purchasing an additional 145,162 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of Heidrick & Struggles International in the first quarter valued at about $304,000. Nuveen LLC purchased a new stake in shares of Heidrick & Struggles International in the first quarter valued at about $7,622,000. Finally, Victory Capital Management Inc. raised its holdings in shares of Heidrick & Struggles International by 17.1% in the first quarter. Victory Capital Management Inc. now owns 23,824 shares of the business services provider's stock valued at $1,020,000 after purchasing an additional 3,486 shares during the last quarter. Institutional investors own 90.13% of the company's stock.

Analyst Ratings Changes

HSII has been the subject of several analyst reports. Truist Financial increased their target price on shares of Heidrick & Struggles International from $44.00 to $46.00 and gave the company a "hold" rating in a report on Friday, June 20th. Wall Street Zen upgraded shares of Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. Finally, Barrington Research increased their target price on shares of Heidrick & Struggles International from $52.00 to $56.00 and gave the company an "outperform" rating in a report on Friday, August 22nd. One 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 currently has a consensus rating of "Moderate Buy" and an average price target of $51.00.

Heidrick & Struggles International Stock Performance

HSII opened at $49.22 on Thursday. The firm has a market cap of $1.02 billion, a P/E ratio of 30.96, a PEG ratio of 0.99 and a beta of 1.07. The firm has a 50-day moving average of $47.82 and a 200 day moving average of $44.21. Heidrick & Struggles International, Inc. has a fifty-two week low of $35.54 and a fifty-two week high of $52.17.

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

Heidrick & Struggles International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were given a dividend of $0.15 per share. The ex-dividend date 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%.

Heidrick & Struggles International Company 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.

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