--- title: "124,865 Shares in The Hackett Group, Inc. $HCKT Acquired by Lazard Asset Management LLC" type: "News" locale: "en" url: "https://longbridge.com/en/news/294794585.md" description: "Lazard Asset Management LLC acquired a new stake in The Hackett Group (HCKT), purchasing 124,865 shares valued at approximately $1.62 million in Q1. Other institutional investors, including Punch & Associates and PNC Financial Services, also increased their holdings. Meanwhile, analysts have adjusted ratings and price targets for HCKT, with an average consensus rating of 'Hold' and a target price of $16.50." datetime: "2026-08-04T09:04:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294794585.md) - [en](https://longbridge.com/en/news/294794585.md) - [zh-HK](https://longbridge.com/zh-HK/news/294794585.md) generator: "portal-rs" --- # 124,865 Shares in The Hackett Group, Inc. $HCKT Acquired by Lazard Asset Management LLC Lazard Asset Management LLC acquired a new stake in shares of The Hackett Group, Inc. (NASDAQ:HCKT - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 124,865 shares of the business services provider's stock, valued at approximately $1,624,000. Lazard Asset Management LLC owned 0.50% of The Hackett Group at the end of the most recent reporting period. Get **The Hackett Group** alerts: A number of other institutional investors have also recently added to or reduced their stakes in HCKT. Punch & Associates Investment Management Inc. lifted its stake in The Hackett Group by 4.4% in the first quarter. Punch & Associates Investment Management Inc. now owns 445,800 shares of the business services provider's stock valued at $5,800,000 after buying an additional 18,747 shares during the last quarter. Aristides Capital LLC grew its position in shares of The Hackett Group by 14.5% during the first quarter. Aristides Capital LLC now owns 197,285 shares of the business services provider's stock worth $2,567,000 after acquiring an additional 24,912 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of The Hackett Group during the first quarter worth about $158,000. State of Wyoming increased its holdings in shares of The Hackett Group by 42.7% in the 1st quarter. State of Wyoming now owns 20,945 shares of the business services provider's stock worth $272,000 after acquiring an additional 6,270 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in The Hackett Group by 138.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,554 shares of the business services provider's stock valued at $46,000 after purchasing an additional 2,062 shares during the last quarter. 78.12% of the stock is currently owned by institutional investors. ## The Hackett Group Trading Up 5.5% The Hackett Group stock opened at $11.31 on Tuesday. The firm has a 50 day simple moving average of $10.66 and a 200-day simple moving average of $12.89. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.88 and a quick ratio of 1.88. The stock has a market capitalization of $284.90 million, a PE ratio of 21.34, a price-to-earnings-growth ratio of 0.87 and a beta of 0.92. The Hackett Group, Inc. has a 12-month low of $9.15 and a 12-month high of $23.72. The Hackett Group (NASDAQ:HCKT - Get Free Report) last announced its earnings results on Tuesday, May 5th. The business services provider reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.01). The firm had revenue of $68.80 million for the quarter, compared to the consensus estimate of $71.23 million. The Hackett Group had a return on equity of 26.70% and a net margin of 4.75%. As a group, equities research analysts expect that The Hackett Group, Inc. will post 1.23 EPS for the current fiscal year. ## Analysts Set New Price Targets A number of research analysts have issued reports on HCKT shares. Weiss Ratings reissued a "sell (d+)" rating on shares of The Hackett Group in a research note on Monday, July 6th. Zacks Research raised The Hackett Group from a "strong sell" rating to a "hold" rating in a report on Monday, July 6th. Roth Capital set a $17.00 price objective on The Hackett Group in a research report on Wednesday, May 6th. Barrington Research decreased their price objective on The Hackett Group from $17.00 to $16.00 and set an "outperform" rating for the company in a report on Wednesday, May 6th. Finally, Wall Street Zen cut The Hackett Group from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $16.50. **Get Our Latest Report on HCKT** ## The Hackett Group Company Profile (Free Report) 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. ## Featured Stories - Five stocks we like better than The Hackett Group - SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control - Why Rare Earth Processing Could Be the Real 2027 Opportunity - The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure - TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks? *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in The Hackett Group Right Now? Before you consider The Hackett Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Hackett Group wasn't on the list. While The Hackett Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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