Heidrick & Struggles International, Inc. $HSII Shares Sold by Wellington Management Group LLP

Key Points

• Wellington Management Group LLP reduced its stake in Heidrick & Struggles International by 1.8% during the first quarter, now holding about 2.06% of the company valued at approximately $18.16 million.
• Heidrick & Struggles recently reported quarterly earnings of $0.85 per share, exceeding analyst expectations of $0.74, with revenues of $317.25 million compared to anticipated $292.94 million.
• The company has announced a quarterly dividend of $0.15 per share, with a 1.2% yield, to be paid on August 28th to shareholders of record as of August 14th.

Wellington Management Group LLP cut its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 1.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 423,952 shares of the business services provider's stock after selling 7,904 shares during the quarter. Wellington Management Group LLP owned 2.06% of Heidrick & Struggles International worth $18,158,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. 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 valued at $65,201,000 after buying an additional 4,666 shares in the last quarter. American Century Companies Inc. grew its stake 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 buying an additional 145,162 shares in the last quarter. LSV Asset Management grew its stake in shares of Heidrick & Struggles International by 6.3% in the first quarter. LSV Asset Management now owns 262,675 shares of the business services provider's stock valued at $11,250,000 after buying an additional 15,547 shares in the last quarter. Northern Trust Corp grew its stake in shares of Heidrick & Struggles International by 9.5% in the fourth quarter. Northern Trust Corp now owns 251,778 shares of the business services provider's stock valued at $11,156,000 after buying an additional 21,843 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in shares of Heidrick & Struggles International by 1.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 228,645 shares of the business services provider's stock valued at $10,131,000 after buying an additional 3,868 shares in the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

Heidrick & Struggles International Stock Performance

Shares of HSII traded up $0.16 during midday trading on Monday, hitting $50.81. The company had a trading volume of 162,407 shares, compared to its average volume of 108,931. The company's 50-day simple moving average is $47.12 and its 200-day simple moving average is $43.88. The firm has a market capitalization of $1.05 billion, a P/E ratio of 31.96, a P/E/G ratio of 1.00 and a beta of 1.07. Heidrick & Struggles International, Inc. has a 1 year low of $35.54 and a 1 year high of $52.17.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued its earnings results 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. The firm had revenue of $317.25 million during the quarter, compared to the consensus estimate 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 analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

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

Analyst Upgrades and Downgrades

HSII has been the subject of a number of research reports. Truist Financial lifted 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. Barrington Research increased their price objective on Heidrick & Struggles International from $52.00 to $56.00 and gave the company an "outperform" rating in a research note on Friday, August 22nd. Finally, Wall Street Zen upgraded Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target 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.