Northern Trust Corp Decreases Stake in Heidrick & Struggles International, Inc. $HSII

Key Points

• Northern Trust Corp reduced its stake in Heidrick & Struggles International, Inc. by 2.5% in Q1, now holding 1.19% of the company valued at approximately $10.5 million.
• Heidrick & Struggles announced a quarterly $0.15 dividend, resulting in an annual yield of 1.2% and a payout ratio of 37.74%.
• Analysts have increased price targets for Heidrick & Struggles, with Barrington Research setting a new target of $56.00 and indicating an "outperform" rating.

Northern Trust Corp lowered its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 2.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 245,444 shares of the business services provider's stock after selling 6,334 shares during the period. Northern Trust Corp owned 1.19% of Heidrick & Struggles International worth $10,512,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in HSII. Bailard Inc. acquired a new stake in shares of Heidrick & Struggles International in the first quarter worth $214,000. Gallacher Capital Management LLC acquired a new stake in shares of Heidrick & Struggles International in the first quarter worth $231,000. ProShare Advisors LLC acquired a new stake in shares of Heidrick & Struggles International in the fourth quarter worth $269,000. Hohimer Wealth Management LLC increased its stake in shares of Heidrick & Struggles International by 5.4% in the first quarter. Hohimer Wealth Management LLC now owns 6,922 shares of the business services provider's stock worth $296,000 after acquiring an additional 353 shares during the period. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Heidrick & Struggles International in the first quarter worth $304,000. Hedge funds and other institutional investors own 90.13% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Barrington Research increased their price objective on shares of Heidrick & Struggles International from $52.00 to $56.00 and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Wall Street Zen upgraded shares of Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. Finally, 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 note on Friday, June 20th. One 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $51.00.

Heidrick & Struggles International Stock Performance

HSII stock opened at $50.37 on Friday. The firm has a market cap of $1.04 billion, a PE ratio of 31.68, a P/E/G ratio of 0.99 and a beta of 1.07. The firm's fifty day moving average is $47.61 and its 200 day moving average is $44.05. Heidrick & Struggles International, Inc. has a one year low of $35.54 and a one year high of $52.17.

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 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. Research analysts predict that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were given a $0.15 dividend. The ex-dividend date was Thursday, August 14th. This represents a $0.60 annualized dividend and a dividend yield of 1.2%. 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.

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