Hotchkis & Wiley Capital Management LLC Lowers Stock Holdings in Heidrick & Struggles International, Inc. $HSII

Key Points

• Hotchkis & Wiley Capital Management LLC reduced its stake in Heidrick & Struggles International by 18.5%, holding approximately 1.10% of the company with a value of $9.7 million.
• Heidrick & Struggles International reported a quarterly earnings per share (EPS) of $0.85, exceeding analysts' expectations of $0.74, with revenues of $317.25 million.
• The company announced a $0.15 quarterly dividend for shareholders, representing an annual yield of 1.2% and a dividend payout ratio of 37.74%.

Hotchkis & Wiley Capital Management LLC cut its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 18.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 226,481 shares of the business services provider's stock after selling 51,435 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 1.10% of Heidrick & Struggles International worth $9,700,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in 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 worth $65,201,000 after purchasing an additional 4,666 shares in the last quarter. American Century Companies Inc. raised its position in Heidrick & Struggles International by 50.5% during the 1st 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 in the last quarter. LSV Asset Management lifted its holdings in shares of Heidrick & Struggles International by 6.3% in the 1st quarter. LSV Asset Management now owns 262,675 shares of the business services provider's stock worth $11,250,000 after buying an additional 15,547 shares during the period. Northern Trust Corp grew its position in shares of 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 worth $11,156,000 after buying an additional 21,843 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its position in shares of Heidrick & Struggles International by 1.7% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 228,645 shares of the business services provider's stock worth $10,131,000 after buying an additional 3,868 shares in the last quarter. Institutional investors own 90.13% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on HSII. Barrington Research lifted their price objective on Heidrick & Struggles International from $52.00 to $56.00 and gave the company an "outperform" rating in a report on Friday. 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, Truist Financial upped their price target on shares of Heidrick & Struggles International from $44.00 to $46.00 and gave the stock a "hold" rating in a research report on Friday, June 20th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $51.00.

Heidrick & Struggles International Price Performance

HSII opened at $51.78 on Monday. The firm has a market capitalization of $1.07 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 1.04 and a beta of 1.06. The business's 50-day moving average is $46.21 and its two-hundred day moving average is $43.65. Heidrick & Struggles International, Inc. has a 1 year low of $35.54 and a 1 year high of $52.18.

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

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, August 14th. Heidrick & Struggles International's dividend payout ratio (DPR) is 37.74%.

Heidrick & Struggles International 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.