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

The Hackett Group, Inc. (NASDAQ:HCKT) declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Friday, September 18th will be given a dividend of 0.12 per share by the business services provider on Friday, October 2nd. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Friday, September 18th.

The Hackett Group has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 1 years. The Hackett Group has a payout ratio of 26.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect The Hackett Group to earn $1.41 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 34.0%.

The Hackett Group Stock Down 5.7%

NASDAQ:HCKT opened at $10.64 on Wednesday. The Hackett Group has a twelve month low of $9.15 and a twelve month high of $21.40. The firm has a market capitalization of $268.05 million, a price-to-earnings ratio of 20.08, a price-to-earnings-growth ratio of 0.92 and a beta of 0.92. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 1.19. The stock’s 50 day moving average price is $10.67 and its two-hundred day moving average price is $12.83.

The Hackett Group (NASDAQ:HCKT) last released its earnings results on Tuesday, August 4th. The business services provider reported $0.34 earnings per share for the quarter, meeting the consensus estimate of $0.34. The Hackett Group had a net margin of 4.75% and a return on equity of 26.70%. The business had revenue of $68.34 million during the quarter, compared to analysts’ expectations of $68.80 million. The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. Equities research analysts expect that The Hackett Group will post 1.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On The Hackett Group

Large investors have recently made changes to their positions in the company. Royce & Associates LP boosted its stake in The Hackett Group by 2.4% in the 4th quarter. Royce & Associates LP now owns 2,642,287 shares of the business services provider’s stock valued at $51,868,000 after purchasing an additional 60,956 shares during the period. Millennium Management LLC increased its position in The Hackett Group by 122.9% during the third quarter. Millennium Management LLC now owns 807,457 shares of the business services provider’s stock worth $15,350,000 after acquiring an additional 445,267 shares during the period. Punch & Associates Investment Management Inc. raised its stake in The Hackett Group by 4.4% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 445,800 shares of the business services provider’s stock worth $5,800,000 after purchasing an additional 18,747 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in The Hackett Group by 7.0% in the 4th quarter. Russell Investments Group Ltd. now owns 429,032 shares of the business services provider’s stock valued at $8,422,000 after purchasing an additional 28,231 shares during the period. Finally, UBS Group AG grew its position in shares of The Hackett Group by 207.4% during the 4th quarter. UBS Group AG now owns 411,992 shares of the business services provider’s stock worth $8,087,000 after purchasing an additional 277,987 shares in the last quarter. Institutional investors 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.