Huron Consulting Group (NASDAQ:HURN) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen lowered shares of Huron Consulting Group (NASDAQ:HURN) from a buy rating to a hold rating in a research report sent to investors on Saturday.

Several other brokerages have also recently commented on HURN. Benchmark increased their price target on Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, December 24th. Wedbush increased their price objective on Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Barrington Research upped their price target on shares of Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Finally, Truist Financial lifted their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, November 14th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $215.50.

Huron Consulting Group Price Performance

Shares of HURN opened at $141.40 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.17 and a debt-to-equity ratio of 0.93. Huron Consulting Group has a twelve month low of $116.12 and a twelve month high of $186.77. The stock has a market capitalization of $2.39 billion, a P/E ratio of 24.17 and a beta of 0.08. The company has a 50 day moving average of $163.42 and a 200-day moving average of $156.99.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, topping the consensus estimate of $1.94 by $0.23. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The business had revenue of $441.96 million during the quarter, compared to analysts’ expectations of $433.57 million. During the same quarter in the prior year, the company posted $1.90 earnings per share. The firm’s revenue was up 10.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, equities research analysts forecast that Huron Consulting Group will post 6.1 EPS for the current fiscal year.

Insider Buying and Selling

In other news, COO James Ronald Dail sold 662 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $170.11, for a total transaction of $112,612.82. Following the completion of the sale, the chief operating officer owned 30,355 shares in the company, valued at approximately $5,163,689.05. This trade represents a 2.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James H. Roth sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $164.57, for a total transaction of $329,140.00. Following the sale, the director owned 35,304 shares of the company’s stock, valued at $5,809,979.28. This trade represents a 5.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,958 shares of company stock valued at $837,371. 2.15% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Huron Consulting Group

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Boston Partners raised its stake in Huron Consulting Group by 17.0% in the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after purchasing an additional 129,073 shares in the last quarter. Morgan Stanley increased its holdings in shares of Huron Consulting Group by 11.4% during the fourth quarter. Morgan Stanley now owns 779,120 shares of the business services provider’s stock worth $134,718,000 after purchasing an additional 79,757 shares during the period. Franklin Resources Inc. raised its position in shares of Huron Consulting Group by 0.5% in the third quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock valued at $90,153,000 after buying an additional 3,340 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Huron Consulting Group by 1.2% in the fourth quarter. Jennison Associates LLC now owns 587,755 shares of the business services provider’s stock valued at $101,629,000 after buying an additional 6,810 shares during the period. Finally, Fiduciary Management Inc. WI acquired a new stake in Huron Consulting Group during the fourth quarter worth approximately $90,661,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

About Huron Consulting Group

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.