Heidrick & Struggles International, Inc. (NASDAQ:HSII) Sees Large Decline in Short Interest

Key Points

• Heidrick & Struggles International experienced a significant 29.4% decline in short interest in August, bringing total short shares to 269,300 as of August 31st.
• The company reported $0.85 EPS in its last quarterly earnings, surpassing the consensus estimate of $0.74 by $0.11, with revenue of $317.25 million exceeding expectations.
• A quarterly dividend of $0.15 per share was paid on August 28th, reflecting an annualized yield of 1.2% and a payout ratio of 37.74%.

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 269,300 shares, a decline of 29.4% from the August 15th total of 381,500 shares. Approximately 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 118,300 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily trading volume, of 118,300 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of HSII. Jane Street Group LLC grew its holdings 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 worth $1,400,000 after purchasing an additional 22,798 shares during the last quarter. BNP Paribas Financial Markets boosted 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 valued at $1,532,000 after buying an additional 400 shares during the period. Deutsche Bank AG grew its holdings in Heidrick & Struggles International by 51.8% in the 4th quarter. Deutsche Bank AG now owns 18,419 shares of the business services provider's stock worth $816,000 after acquiring an additional 6,285 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Heidrick & Struggles International by 3.3% in 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 acquiring an additional 365 shares during the period. Finally, Millennium Management LLC raised its stake in shares of Heidrick & Struggles International by 3.9% during the fourth quarter. Millennium Management LLC now owns 108,650 shares of the business services provider's stock valued at $4,814,000 after acquiring an additional 4,037 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors.

Heidrick & Struggles International Stock Performance

Shares of HSII opened at $49.99 on Tuesday. Heidrick & Struggles International has a 52-week low of $36.49 and a 52-week high of $52.17. The stock's 50-day simple moving average is $47.93 and its 200 day simple moving average is $44.46. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 31.44, a price-to-earnings-growth ratio of 0.98 and a beta of 1.07.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued 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 net margin of 2.92% and a return on equity of 14.85%. The company had revenue of $317.25 million during the quarter, compared to analysts' expectations of $292.94 million. Heidrick & Struggles International has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Heidrick & Struggles International 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. Shareholders of record on Thursday, August 14th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, August 14th. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. Heidrick & Struggles International's dividend payout ratio (DPR) is presently 37.74%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Truist Financial raised their price target on shares of Heidrick & Struggles International from $44.00 to $46.00 and gave the stock a "hold" rating in a report on Friday, June 20th. 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. Finally, Wall Street Zen upgraded shares of Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $51.00.

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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