The Hackett Group (NASDAQ:HCKT – Get Free Report) updated its third quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.370-0.390 for the period, compared to the consensus EPS estimate of 0.380. The company issued revenue guidance of $68.0 million-$70.0 million, compared to the consensus revenue estimate of $73.0 million.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on HCKT shares. Roth Capital set a $17.00 price target on The Hackett Group in a research note on Wednesday, May 6th. Wall Street Zen cut shares of The Hackett Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Barrington Research reduced their target price on shares of The Hackett Group from $17.00 to $16.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Zacks Research upgraded shares of The Hackett Group from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of The Hackett Group in a research report on Monday, July 6th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $16.50.
View Our Latest Stock Report on HCKT
The Hackett Group Stock Down 2.1%
The Hackett Group (NASDAQ:HCKT – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.34. The firm had revenue of $68.34 million during the quarter, compared to analyst estimates of $68.80 million. The Hackett Group had a return on equity of 26.70% and a net margin of 4.75%.The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. As a group, equities analysts forecast that The Hackett Group will post 1.23 earnings per share for the current fiscal year.
The Hackett Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, September 18th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.3%. The Hackett Group’s dividend payout ratio (DPR) is presently 90.57%.
More The Hackett Group News
Here are the key news stories impacting The Hackett Group this week:
- Positive Sentiment: AI growth opportunity: Hackett projects third-quarter adjusted EPS of $0.37-$0.39, broadly in line with the $0.38 analyst consensus, as new AI platform wins begin to ramp. Hackett Q3 2026 outlook and AI platform wins
- Positive Sentiment: Profitability and cash flow remained solid: Second-quarter adjusted EPS was $0.34, matching estimates, while GAAP EPS rose to $0.18 from $0.06 a year earlier. Operating cash flow totaled $15.2 million, and net income increased to $4.4 million from $1.7 million. The Hackett Group second-quarter 2026 results
- Positive Sentiment: Dividend maintained: The board declared a quarterly dividend of $0.12 per share, payable October 2 to shareholders of record September 18. The roughly 4.6% indicated yield may appeal to income-focused investors. Hackett Group dividend announcement
- Neutral Sentiment: Institutional ownership was mixed: Recent filings showed 93 institutions adding HCKT shares and 74 reducing positions, including purchases by Goldman Sachs and Two Sigma alongside substantial selling by Trigran Investments. These figures reflect earlier-quarter activity and may have limited immediate impact.
- Negative Sentiment: Revenue continues to contract: Second-quarter revenue fell to $69.3 million from $78.9 million a year earlier, while adjusted EPS declined from $0.38 to $0.34. Hackett Group Q2 revenue report
- Negative Sentiment: Weak third-quarter sales outlook: Management forecast revenue before reimbursements of $68 million-$70 million, below the approximately $73 million consensus estimate, despite EPS guidance being near expectations. This suggests near-term demand and growth remain concerns.
Institutional Investors Weigh In On The Hackett Group
Institutional investors have recently modified their holdings of the business. Franklin Resources Inc. raised its position in The Hackett Group by 6.2% in the 4th quarter. Franklin Resources Inc. now owns 55,207 shares of the business services provider’s stock worth $1,084,000 after buying an additional 3,211 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of The Hackett Group by 1.5% during the 2nd quarter. Rhumbline Advisers now owns 39,506 shares of the business services provider’s stock valued at $1,004,000 after acquiring an additional 581 shares during the last quarter. Barclays PLC boosted its holdings in shares of The Hackett Group by 8.1% during the 4th quarter. Barclays PLC now owns 45,706 shares of the business services provider’s stock valued at $897,000 after acquiring an additional 3,436 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of The Hackett Group by 1.9% in the fourth quarter. AQR Capital Management LLC now owns 44,573 shares of the business services provider’s stock worth $875,000 after acquiring an additional 848 shares during the period. Finally, First Trust Advisors LP grew its stake in shares of The Hackett Group by 25.5% in the fourth quarter. First Trust Advisors LP now owns 40,373 shares of the business services provider’s stock worth $793,000 after acquiring an additional 8,194 shares during the period. 78.12% of the stock is owned by hedge funds and other institutional investors.
The Hackett Group Company Profile
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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