Heidrick & Struggles International (NASDAQ:HSII) Sees Strong Trading Volume - Here's Why

Key Points

• Heidrick & Struggles International experienced a surge in trading volume, with approximately 596,995 shares traded, marking a 332% increase compared to the previous session.
• Analyst upgrades have led to a range of price targets for the stock, with Truist Financial raising its target from $48.00 to $59.00 and maintaining a "hold" rating.
• The company recently declared a quarterly dividend of $0.15 per share, resulting in an annualized yield of 1.0%, with a payout ratio of 37.74%.

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 596,995 shares changed hands during mid-day trading, an increase of 332% from the previous session's volume of 138,059 shares.The stock last traded at $58.17 and had previously closed at $58.22.

Analyst Upgrades and Downgrades

HSII has been the topic of several research reports. Truist Financial upped their price target on shares of Heidrick & Struggles International from $48.00 to $59.00 and gave the company a "hold" rating in a research note on Monday. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Heidrick & Struggles International in a report on Saturday, September 27th. 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, Barrington Research increased their price objective 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 research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Heidrick & Struggles International has an average rating of "Hold" and an average price target of $57.50.

Heidrick & Struggles International Price Performance

The stock has a 50-day simple moving average of $48.97 and a 200-day simple moving average of $45.15. The stock has a market cap of $1.21 billion, a P/E ratio of 36.59, a PEG ratio of 0.96 and a beta of 1.03.

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, topping analysts' consensus estimates 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 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, sell-side analysts forecast that Heidrick & Struggles International, Inc. will post 2.68 earnings per share for the current year.

Heidrick & Struggles International Dividend Announcement

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. The ex-dividend date was Thursday, August 14th. This represents a $0.60 dividend on an annualized basis and a yield of 1.0%. Heidrick & Struggles International's payout ratio is currently 37.74%.

Institutional Trading of Heidrick & Struggles International

Several hedge funds and other institutional investors have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Heidrick & Struggles International by 10.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,151 shares of the business services provider's stock worth $1,602,000 after buying an additional 3,507 shares during the period. SummerHaven Investment Management LLC raised its stake in shares of Heidrick & Struggles International by 1.2% during the first quarter. SummerHaven Investment Management LLC now owns 25,216 shares of the business services provider's stock valued at $1,080,000 after acquiring an additional 310 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Heidrick & Struggles International by 1.7% during the first quarter. Exchange Traded Concepts LLC now owns 28,545 shares of the business services provider's stock valued at $1,223,000 after acquiring an additional 478 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Heidrick & Struggles International by 3.3% during the first quarter. Robeco Institutional Asset Management B.V. now owns 119,014 shares of the business services provider's stock worth $5,097,000 after purchasing an additional 3,830 shares during the period. Finally, Principal Financial Group Inc. grew its stake in shares of Heidrick & Struggles International by 2.6% in the first quarter. Principal Financial Group Inc. now owns 116,192 shares of the business services provider's stock worth $4,977,000 after purchasing an additional 2,923 shares during the last quarter. 90.13% of the stock is currently owned by institutional investors.

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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