Russell Investments Group Ltd. Acquires 9,982 Shares of Heidrick & Struggles International, Inc. $HSII

Key Points

• Russell Investments Group Ltd. increased its stake in Heidrick & Struggles International, Inc. by 75%, acquiring an additional 9,982 shares in the first quarter, bringing its total holdings to 23,286 shares.
• Heidrick & Struggles reported earnings of $0.85 per share for the last quarter, exceeding estimates of $0.74, along with revenues of $317.25 million compared to expectations of $292.94 million.
• The company recently declared a quarterly dividend of $0.15 per share, translating to an annualized dividend yield of 1.2% and a payout ratio of 37.74%.

Russell Investments Group Ltd. lifted its stake in Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) by 75.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,286 shares of the business services provider's stock after buying an additional 9,982 shares during the period. Russell Investments Group Ltd. owned about 0.11% of Heidrick & Struggles International worth $1,004,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in HSII. Nuveen LLC bought a new stake in shares of Heidrick & Struggles International in the first quarter valued at about $7,622,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Heidrick & Struggles International in the fourth quarter valued at about $3,752,000. Public Sector Pension Investment Board lifted its stake in shares of Heidrick & Struggles International by 68.3% in 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 period. Bridgeway Capital Management LLC lifted its stake in shares of Heidrick & Struggles International by 23.8% in the fourth quarter. Bridgeway Capital Management LLC now owns 142,557 shares of the business services provider's stock valued at $6,317,000 after buying an additional 27,413 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Heidrick & Struggles International by 259.2% in the fourth quarter. Jane Street Group LLC now owns 31,595 shares of the business services provider's stock valued at $1,400,000 after buying an additional 22,798 shares during the period. Institutional investors own 90.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Truist Financial increased 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. 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, 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 research note on Friday, August 22nd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Heidrick & Struggles International currently has an average rating of "Moderate Buy" and a consensus target price of $51.00.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ HSII traded down $0.16 during mid-day trading on Wednesday, hitting $49.92. 124,698 shares of the stock were exchanged, compared to its average volume of 102,716. The company has a market cap of $1.04 billion, a P/E ratio of 31.40, a PEG ratio of 1.00 and a beta of 1.07. The stock's fifty day simple moving average is $47.37 and its two-hundred day simple moving average is $43.97. Heidrick & Struggles International, Inc. has a twelve month low of $35.54 and a twelve month high of $52.17.

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 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.11. The company had revenue of $317.25 million during the quarter, compared to analyst estimates of $292.94 million. Heidrick & Struggles International had a net margin of 2.92% and a return on equity of 14.85%. Heidrick & Struggles International has set its Q3 2025 guidance at EPS. As a group, equities 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 declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were issued a $0.15 dividend. 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 (DPR) 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.