Heidrick & Struggles International, Inc. $HSII Shares Sold by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC reduced its stake in Heidrick & Struggles International, Inc. by 51.6%, owning 4,666 shares worth approximately $200,000.
• Several large investors have either increased their stakes or made new purchases in Heidrick & Struggles, with 90.13% of the stock currently held by institutional investors.
• The company recently declared a quarterly dividend of $0.15 per share, reflecting an annualized dividend yield of 1.2%.

Hsbc Holdings PLC trimmed its holdings in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 51.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,666 shares of the business services provider's stock after selling 4,983 shares during the period. Hsbc Holdings PLC's holdings in Heidrick & Struggles International were worth $200,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp lifted its stake 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 in the last quarter. Jane Street Group LLC lifted its stake 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 in the last quarter. Algert Global LLC lifted its stake in shares of Heidrick & Struggles International by 4.5% in the 4th quarter. Algert Global LLC now owns 38,759 shares of the business services provider's stock valued at $1,717,000 after purchasing an additional 1,669 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Heidrick & Struggles International by 1.2% in the 4th quarter. BNP Paribas Financial Markets now owns 34,570 shares of the business services provider's stock valued at $1,532,000 after purchasing an additional 400 shares in the last quarter. Finally, Deutsche Bank AG lifted its stake in shares of Heidrick & Struggles International by 51.8% in the 4th quarter. Deutsche Bank AG now owns 18,419 shares of the business services provider's stock valued at $816,000 after purchasing an additional 6,285 shares in the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HSII has been the topic of several research analyst reports. 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 research note on Friday, August 22nd. Wall Street Zen raised Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 9th. Finally, Truist Financial boosted their price target on 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 equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $51.00.

Heidrick & Struggles International Price Performance

Heidrick & Struggles International stock traded down $0.10 during midday trading on Monday, hitting $50.27. 138,168 shares of the company were exchanged, compared to its average volume of 97,405. The company's fifty day moving average price is $47.70 and its 200-day moving average price is $44.13. The company has a market cap of $1.04 billion, a PE ratio of 31.62, a price-to-earnings-growth ratio of 0.99 and a beta of 1.07. 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 announced its earnings results on Monday, August 4th. The business services provider reported $0.85 earnings per share (EPS) for the quarter, beating 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. On average, analysts expect that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

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