Public Employees Retirement System of Ohio Decreases Stake in Heidrick & Struggles International, Inc. $HSII

Key Points

• The Public Employees Retirement System of Ohio reduced its stake in Heidrick & Struggles International, Inc. by 49.1%, now holding 6,187 shares worth approximately $283,000.
• Heidrick & Struggles reported earnings of $0.85 per share, surpassing expectations of $0.74, with revenues of $317.25 million compared to analyst estimates of $292.94 million.
• The company declared a quarterly dividend of $0.15 per share, equating to an annualized dividend of $0.60 and a yield of 1.0%.

Public Employees Retirement System of Ohio lowered its position in shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 49.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 6,187 shares of the business services provider's stock after selling 5,972 shares during the quarter. Public Employees Retirement System of Ohio's holdings in Heidrick & Struggles International were worth $283,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Counterpoint Mutual Funds LLC purchased a new stake in shares of Heidrick & Struggles International during the 2nd quarter worth about $419,000. Voya Investment Management LLC grew its holdings in shares of Heidrick & Struggles International by 18.6% during the 1st quarter. Voya Investment Management LLC now owns 13,020 shares of the business services provider's stock worth $558,000 after purchasing an additional 2,043 shares during the period. Strs Ohio purchased a new stake in shares of Heidrick & Struggles International during the 1st quarter worth about $608,000. Acadian Asset Management LLC boosted its holdings in Heidrick & Struggles International by 126.8% in the 1st quarter. Acadian Asset Management LLC now owns 50,600 shares of the business services provider's stock worth $2,164,000 after acquiring an additional 28,288 shares during the period. Finally, Jane Street Group LLC boosted its holdings in Heidrick & Struggles International by 124.5% in the 1st quarter. Jane Street Group LLC now owns 70,927 shares of the business services provider's stock worth $3,038,000 after acquiring an additional 39,332 shares during the period. Hedge funds and other institutional investors own 90.13% of the company's stock.

Heidrick & Struggles International Trading Up 19.6%

Heidrick & Struggles International stock opened at $58.22 on Tuesday. The stock has a market cap of $1.21 billion, a P/E ratio of 36.62, a price-to-earnings-growth ratio of 0.96 and a beta of 1.03. The stock has a 50 day moving average of $48.97 and a 200-day moving average of $45.15. Heidrick & Struggles International, Inc. has a 52 week low of $36.49 and a 52 week high of $58.40.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its 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. The company 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. As a group, equities 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 company also recently declared 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 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, August 14th. Heidrick & Struggles International's dividend payout ratio is currently 37.74%.

Analysts Set New Price Targets

A number of research firms have weighed in on HSII. Barrington Research upped their price target on Heidrick & Struggles International from $52.00 to $56.00 and gave the stock an "outperform" rating in a report on Friday, August 22nd. Wall Street Zen upgraded Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. Truist Financial set a $59.00 price target on Heidrick & Struggles International in a report on Monday. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Heidrick & Struggles International in a report on Saturday, September 27th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Heidrick & Struggles International has an average rating of "Hold" and a consensus price target of $57.50.

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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