Huron Consulting Group Inc. $HURN Shares Acquired by Polen Capital Management LLC

Polen Capital Management LLC raised its holdings in shares of Huron Consulting Group Inc. (NASDAQ:HURN) by 46.5% in the 4th quarter, HoldingsChannel reports. The fund owned 15,086 shares of the business services provider’s stock after buying an additional 4,788 shares during the quarter. Polen Capital Management LLC’s holdings in Huron Consulting Group were worth $2,609,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jefferies Financial Group Inc. acquired a new position in shares of Huron Consulting Group during the 3rd quarter worth about $4,328,000. SG Capital Management LLC boosted its position in shares of Huron Consulting Group by 131.8% during the 3rd quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock worth $36,764,000 after acquiring an additional 142,448 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Huron Consulting Group by 51.8% during the 4th quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock worth $82,454,000 after acquiring an additional 162,706 shares in the last quarter. Legato Capital Management LLC purchased a new stake in shares of Huron Consulting Group in the 4th quarter valued at about $2,175,000. Finally, AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of Huron Consulting Group in the 4th quarter valued at about $2,054,000. 93.90% of the stock is owned by institutional investors and hedge funds.

Huron Consulting Group Stock Down 2.8%

Huron Consulting Group stock opened at $106.43 on Friday. Huron Consulting Group Inc. has a fifty-two week low of $100.10 and a fifty-two week high of $186.77. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22. The company has a market capitalization of $1.73 billion, a P/E ratio of 18.16 and a beta of 0.08. The stock has a 50-day simple moving average of $117.90 and a 200-day simple moving average of $143.67.

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

Analysts Set New Price Targets

Several research firms have recently weighed in on HURN. Wall Street Zen downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Weiss Ratings downgraded Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Wedbush reissued an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 6th. Finally, Truist Financial reduced their target price on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a report on Tuesday. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Huron Consulting Group has an average rating of “Moderate Buy” and an average target price of $184.25.

Insider Buying and Selling

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the company’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 completion of the sale, the director directly owned 40,817 shares of the company’s stock, valued at $5,211,514.56. This represents a 1.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ekta Singh-Bushell sold 443 shares of the company’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 value of $52,468.92. Following the sale, the director directly owned 13,646 shares of the company’s stock, valued at approximately $1,616,232.24. This represents a 3.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,658 shares of company stock valued at $415,931 in the last quarter. 2.07% of the stock is currently owned by insiders.

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.