The Hackett Group, Inc. (NASDAQ:HCKT) Announces Quarterly Dividend of $0.12

Key Points

• $0.12 quarterly dividend announced (annual $0.48) payable July 6 to holders of record on June 22, implying a 5.0% yield and a dividend payout ratio around 26%, which management says is covered by earnings.
• The company reported Q1 EPS of $0.34, missing estimates by $0.01 with revenue of $68.8M below forecasts, and set Q2 guidance of $0.33–$0.35 EPS.
• Institutional investors own about 78.12% of the stock, with recent stake increases by firms like Bank of New York Mellon and SG Americas, while the company has a market cap near $244M and a PE of ~20.8.

The Hackett Group, Inc. (NASDAQ:HCKT - Get Free Report) announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Monday, June 22nd will be paid a dividend of 0.12 per share by the business services provider on Monday, July 6th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Monday, June 22nd.

The Hackett Group has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. The Hackett Group has a dividend payout ratio of 26.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect The Hackett Group to earn $1.50 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 32.0%.

The Hackett Group Price Performance

Shares of NASDAQ HCKT opened at $9.69 on Wednesday. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 1.11. The business's 50 day moving average price is $13.41 and its two-hundred day moving average price is $16.74. The company has a market cap of $244.41 million, a PE ratio of 20.79, a price-to-earnings-growth ratio of 0.90 and a beta of 0.96. The Hackett Group has a twelve month low of $10.14 and a twelve month high of $26.29.

The Hackett Group (NASDAQ:HCKT - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.01). The Hackett Group had a net margin of 4.23% and a return on equity of 22.21%. The business had revenue of $68.80 million during the quarter, compared to analyst estimates of $71.23 million. The Hackett Group has set its Q2 2026 guidance at 0.330-0.350 EPS. On average, analysts predict that The Hackett Group will post 1.38 EPS for the current year.

Institutional Investors Weigh In On The Hackett Group

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp grew its stake in shares of The Hackett Group by 4.5% in the first quarter. Bank of New York Mellon Corp now owns 89,129 shares of the business services provider's stock valued at $1,160,000 after acquiring an additional 3,866 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new position in shares of The Hackett Group during the 1st quarter worth approximately $287,000. Isthmus Partners LLC increased its holdings in shares of The Hackett Group by 6.2% during the first quarter. Isthmus Partners LLC now owns 174,618 shares of the business services provider's stock worth $2,272,000 after purchasing an additional 10,220 shares during the period. Values First Advisors Inc. increased its holdings in shares of The Hackett Group by 2.8% during the first quarter. Values First Advisors Inc. now owns 63,350 shares of the business services provider's stock worth $824,000 after purchasing an additional 1,734 shares during the period. Finally, SG Americas Securities LLC raised its position in shares of The Hackett Group by 160.8% in the first quarter. SG Americas Securities LLC now owns 166,458 shares of the business services provider's stock valued at $2,166,000 after buying an additional 102,638 shares in the last quarter. Institutional investors and hedge funds own 78.12% of the company's stock.

About The Hackett Group

The Hackett Group is a global strategic advisory firm specializing in business transformation, benchmarking and research. Leveraging a proprietary data repository and the Hackett Methodology®, the company helps organizations optimize performance across enterprise functions. Its advisory services span digital transformation, process optimization and operational excellence, enabling clients to identify best practices, streamline workflows and achieve sustainable cost savings.

Through detailed benchmarking studies and industry research, The Hackett Group delivers actionable insights into finance, procurement, human resources, information technology and supply chain management.

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