5 Stocks to Buy in 2022 According to John Rogers’ Ariel Investments

3. The Hackett Group, Inc. (NASDAQ:HCKT)

Ariel Investments stake value: $106,000

Number of Hedge Fund Holders: 15

The Hackett Group, Inc. (NASDAQ:HCKT) is an advisory firm which provides business transformation, executive advisory and cloud implementation services to businesses. A major source of the company’s revenues is generated in the United States. John Rogers’ fund bought 5,580 shares of the company during Q2 2022.

The Hackett Group, Inc. (NASDAQ:HCKT) announced solid results for the second quarter of 2022 and reported revenue of $75.93 million, up 3.73% YoY. The company posted a normalized EPS of $0.38, beating the market consensus estimate by $0.04. The company also declared a dividend of $0.11/share, in line with the previous dividend and payable to shareholders on October 7.

At the end of Q2 2022, 15 hedge funds tracked by Insider Monkey owned stakes in HCKT.