Northern Trust Corp Trims Position 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 decreased its stake in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 2.5% in the first quarter, according to 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 quarter. Northern Trust Corp owned about 1.19% of Heidrick & Struggles International worth $10,512,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Versor Investments LP raised its stake in Heidrick & Struggles International by 21.4% during the first quarter. Versor Investments LP now owns 10,223 shares of the business services provider's stock valued at $438,000 after buying an additional 1,800 shares during the last quarter. American Century Companies Inc. raised its stake in Heidrick & Struggles International by 50.5% during the first quarter. American Century Companies Inc. now owns 432,731 shares of the business services provider's stock valued at $18,534,000 after buying an additional 145,162 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Heidrick & Struggles International by 75.0% during the first quarter. Russell Investments Group Ltd. now owns 23,286 shares of the business services provider's stock valued at $1,004,000 after buying an additional 9,982 shares during the last quarter. Public Sector Pension Investment Board raised its stake in Heidrick & Struggles International by 68.3% during the first quarter. Public Sector Pension Investment Board now owns 85,576 shares of the business services provider's stock valued at $3,665,000 after buying an additional 34,727 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Heidrick & Struggles International during the first quarter valued at $7,622,000. Hedge funds and other institutional investors own 90.13% of the company's stock.

Wall Street Analysts Forecast Growth

HSII has been the subject of a number of recent research 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. 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 note on Friday, June 20th. Finally, Wall Street Zen upgraded Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Heidrick & Struggles International presently has an average rating of "Moderate Buy" and an average target price of $51.00.

Heidrick & Struggles International Stock Performance

Shares of HSII stock traded up $1.51 during mid-day trading on Thursday, hitting $50.73. The company's stock had a trading volume of 97,989 shares, compared to its average volume of 95,883. Heidrick & Struggles International, Inc. has a 52-week low of $35.90 and a 52-week high of $52.17. The business has a 50-day moving average price of $47.86 and a 200 day moving average price of $44.28. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 31.91, a PEG ratio of 0.97 and a beta of 1.07.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The business services provider reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.11. The firm had revenue of $317.25 million during 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. Equities research analysts predict that Heidrick & Struggles International, Inc. will post 2.68 EPS for the current fiscal year.

Heidrick & Struggles International Announces Dividend

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