Invesco Ltd. Has $11.99 Million Position in Heidrick & Struggles International, Inc. $HSII

Key Points

• Invesco Ltd. reduced its stake in Heidrick & Struggles International by 7.4%, owning approximately 1.36% of the company, valued at nearly $12 million.
• Heidrick & Struggles International recently reported earnings of $0.85 per share, exceeding estimates, along with revenue of $317.25 million, surpassing the consensus estimate.
• The firm declared a quarterly dividend of $0.15 per share, representing a 1.2% dividend yield based on an annualized payout of $0.60.

Invesco Ltd. lowered its position in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 7.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 279,829 shares of the business services provider's stock after selling 22,442 shares during the quarter. Invesco Ltd. owned approximately 1.36% of Heidrick & Struggles International worth $11,985,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. SummerHaven Investment Management LLC lifted its holdings in Heidrick & Struggles International by 1.2% during the 1st quarter. SummerHaven Investment Management LLC now owns 25,216 shares of the business services provider's stock valued at $1,080,000 after purchasing an additional 310 shares during the last quarter. Hohimer Wealth Management LLC raised its position in Heidrick & Struggles International by 5.4% during the first quarter. Hohimer Wealth Management LLC now owns 6,922 shares of the business services provider's stock valued at $296,000 after purchasing an additional 353 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Heidrick & Struggles International by 3.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,445 shares of the business services provider's stock valued at $507,000 after purchasing an additional 365 shares in the last quarter. BNP Paribas Financial Markets increased its position in Heidrick & Struggles International by 1.2% during the 4th quarter. BNP Paribas Financial Markets now owns 34,570 shares of the business services provider's stock worth $1,532,000 after purchasing an additional 400 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its position in Heidrick & Struggles International by 1.7% during the 1st quarter. Exchange Traded Concepts LLC now owns 28,545 shares of the business services provider's stock worth $1,223,000 after purchasing an additional 478 shares in the last quarter. Institutional investors and hedge funds own 90.13% of the company's stock.

Analysts Set New Price Targets

HSII has been the subject of several recent research reports. Wall Street Zen raised Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. Truist Financial increased their price target on Heidrick & Struggles International from $44.00 to $46.00 and gave the stock a "hold" rating in a report on Friday, June 20th. Finally, Barrington Research raised their price target on shares of Heidrick & Struggles International from $52.00 to $56.00 and gave the stock an "outperform" rating in a report on Friday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Heidrick & Struggles International currently has an average rating of "Moderate Buy" and a consensus price target of $51.00.

Heidrick & Struggles International Trading Up 6.5%

HSII stock opened at $51.78 on Friday. Heidrick & Struggles International, Inc. has a 1-year low of $35.54 and a 1-year high of $52.18. The stock's fifty day simple moving average is $46.21 and its two-hundred day simple moving average is $43.66. The stock has a market cap of $1.07 billion, a P/E ratio of 32.57, a P/E/G ratio of 1.05 and a beta of 1.06.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its quarterly earnings data 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 return on equity of 14.85% and a net margin of 2.92%.The business had revenue of $317.25 million for the quarter, compared to the consensus estimate of $292.94 million. Heidrick & Struggles International has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Dividend Announcement

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