Lisanti Capital Growth LLC Makes New $7.88 Million Investment in Huron Consulting Group Inc. $HURN

Lisanti Capital Growth LLC purchased a new position in shares of Huron Consulting Group Inc. (NASDAQ:HURN) during the 4th quarter, Holdings Channel reports. The fund purchased 45,590 shares of the business services provider’s stock, valued at approximately $7,883,000. Huron Consulting Group makes up approximately 1.9% of Lisanti Capital Growth LLC’s investment portfolio, making the stock its 6th largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Legato Capital Management LLC bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at about $2,175,000. Global Retirement Partners LLC raised its holdings in shares of Huron Consulting Group by 853.4% in the 4th quarter. Global Retirement Partners LLC now owns 1,983 shares of the business services provider’s stock valued at $343,000 after purchasing an additional 1,775 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at about $536,000. PNC Financial Services Group Inc. raised its holdings in shares of Huron Consulting Group by 27.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,442 shares of the business services provider’s stock valued at $422,000 after purchasing an additional 525 shares during the period. Finally, Handelsbanken Fonder AB raised its holdings in shares of Huron Consulting Group by 14.3% in the 4th quarter. Handelsbanken Fonder AB now owns 6,400 shares of the business services provider’s stock valued at $1,107,000 after purchasing an additional 800 shares during the period. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Stock Up 0.1%

Huron Consulting Group stock opened at $105.46 on Friday. The company’s 50-day moving average price is $123.12 and its two-hundred day moving average price is $149.40. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 2.10. The stock has a market cap of $1.71 billion, a P/E ratio of 18.00 and a beta of 0.15. Huron Consulting Group Inc. has a twelve month low of $101.00 and a twelve month high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.15. The firm had revenue of $451.77 million during the quarter, compared to the consensus estimate of $437.12 million. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period last year, the business posted $1.68 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, analysts expect that Huron Consulting Group Inc. will post 8.71 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Wedbush reaffirmed an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 6th. Wall Street Zen cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings cut shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $205.50.

Insiders Place Their Bets

In other Huron Consulting Group news, Director Ekta Singh-Bushell sold 443 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $118.44, for a total transaction of $52,468.92. Following the completion of the sale, the director directly owned 13,646 shares in the company, valued at $1,616,232.24. This trade represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Mccartney sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $127.68, for a total transaction of $63,840.00. Following the sale, the director owned 40,817 shares of the company’s stock, valued at $5,211,514.56. This trade represents a 1.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,837 shares of company stock worth $224,707 over the last three months. Insiders own 2.07% of the company’s stock.

Huron Consulting Group Profile

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.