Heidrick & Struggles International, Inc. (NASDAQ:HSII) Sees Large Drop 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 decrease in short interest in the month of August. As of August 31st, there was short interest totaling 269,300 shares, a decrease of 29.4% from the August 15th total of 381,500 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average daily trading volume, of 118,300 shares, the short-interest ratio is presently 2.3 days. Based on an average daily trading volume, of 118,300 shares, the short-interest ratio is presently 2.3 days. Currently, 1.3% of the shares of the company are short sold.

Institutional Investors Weigh In On Heidrick & Struggles International

A number of large investors have recently modified their holdings of the business. Nisa Investment Advisors LLC boosted its holdings in shares of Heidrick & Struggles International by 38.9% in the 2nd quarter. Nisa Investment Advisors LLC now owns 846 shares of the business services provider's stock valued at $39,000 after purchasing an additional 237 shares in the last quarter. SummerHaven Investment Management LLC boosted its holdings in shares of Heidrick & Struggles International by 1.2% in the 1st quarter. SummerHaven Investment Management LLC now owns 25,216 shares of the business services provider's stock valued at $1,080,000 after purchasing an additional 310 shares in the last quarter. Martingale Asset Management L P boosted its holdings in shares of Heidrick & Struggles International by 0.6% in the 1st quarter. Martingale Asset Management L P now owns 57,478 shares of the business services provider's stock valued at $2,462,000 after purchasing an additional 330 shares in the last quarter. Hohimer Wealth Management LLC boosted its holdings in shares of Heidrick & Struggles International by 5.4% in the 1st quarter. Hohimer Wealth Management LLC now owns 6,922 shares of the business services provider's stock valued at $296,000 after purchasing an additional 353 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Heidrick & Struggles International by 3.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,445 shares of the business services provider's stock valued at $507,000 after purchasing an additional 365 shares in the last quarter. Institutional investors and hedge funds own 90.13% of the company's stock.

Wall Street Analysts Forecast Growth

HSII has been the topic of several research analyst reports. Barrington Research upped 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. Wall Street Zen upgraded Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. Finally, Truist Financial upped their price objective on 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 research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Heidrick & Struggles International currently has a consensus rating of "Moderate Buy" and an average price target of $51.00.

Heidrick & Struggles International Stock Down 2.8%

Shares of Heidrick & Struggles International stock traded down $1.46 on Friday, hitting $49.83. The stock had a trading volume of 435,613 shares, compared to its average volume of 96,848. Heidrick & Struggles International has a twelve month low of $36.49 and a twelve month high of $52.17. The business's 50 day moving average is $48.11 and its two-hundred day moving average is $44.65. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 31.34, a price-to-earnings-growth ratio of 1.01 and a beta of 1.07.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted 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. Heidrick & Struggles International had a return on equity of 14.85% and a net margin of 2.92%.The company had revenue of $317.25 million for the quarter, compared to the consensus estimate of $292.94 million. Heidrick & Struggles International has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Heidrick & Struggles International 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 given a dividend of $0.15 per share. The ex-dividend date of this dividend 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 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.