Invenomic Capital Management LP Cuts Position in Heidrick & Struggles International, Inc. $HSII

Key Points

• Invenomic Capital Management LP has reduced its stake in Heidrick & Struggles International, Inc. by 10.3%, holding 234,987 shares worth approximately $10 million after selling 26,946 shares in the first quarter.
• Multiple hedge funds have actively traded shares in Heidrick & Struggles, with Corvex Management LP purchasing a new stake worth around $42.9 million, while American Century Companies Inc. increased their position by 50.5%.
• Despite the recent trading activities, Wall Street analysts maintain a consensus rating of "Moderate Buy" for the stock, with a target price averaging $51.00.

Invenomic Capital Management LP decreased its holdings in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 10.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 234,987 shares of the business services provider's stock after selling 26,946 shares during the period. Invenomic Capital Management LP owned approximately 1.14% of Heidrick & Struggles International worth $10,064,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Corvex Management LP bought a new stake in shares of Heidrick & Struggles International during the 1st quarter valued at about $42,935,000. Nuveen LLC acquired a new position in shares of Heidrick & Struggles International in the 1st quarter valued at $7,622,000. American Century Companies Inc. increased its position in shares of 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 worth $18,534,000 after purchasing an additional 145,162 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Heidrick & Struggles International in the 4th quarter valued at about $3,752,000. Finally, Bridgeway Capital Management LLC boosted its stake in Heidrick & Struggles International by 41.9% during the 1st quarter. Bridgeway Capital Management LLC now owns 202,314 shares of the business services provider's stock worth $8,665,000 after acquiring an additional 59,757 shares during the last quarter. Hedge funds and other institutional investors own 90.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Truist Financial boosted their target price on shares of Heidrick & Struggles International from $44.00 to $46.00 and gave the company a "hold" rating in a research report on Friday, June 20th. Barrington Research increased their target price on Heidrick & Struggles International from $52.00 to $56.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Finally, Wall Street Zen raised Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $51.00.

Heidrick & Struggles International Stock Up 1.1%

HSII opened at $50.49 on Friday. The company has a market cap of $1.05 billion, a PE ratio of 31.75, a P/E/G ratio of 0.98 and a beta of 1.07. The business has a 50 day moving average price of $47.50 and a two-hundred day moving average price of $44.00. Heidrick & Struggles International, Inc. has a 52 week low of $35.54 and a 52 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 EPS for the quarter, beating analysts' consensus estimates of $0.74 by $0.11. The firm had revenue of $317.25 million for the quarter, compared to analysts' expectations of $292.94 million. Heidrick & Struggles International had a return on equity of 14.85% and a net margin of 2.92%. 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 fiscal year.

Heidrick & Struggles International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were given a dividend of $0.15 per share. The ex-dividend date of this dividend 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 dividend payout ratio is currently 37.74%.

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.

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