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HCKT: Schedule 13G Shows Royce & Associates at 6.48% Ownership

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Royce & Associates LP has filed Amendment No. 3 to Schedule 13G reporting passive ownership of 1,790,726 shares of The Hackett Group, Inc. (HCKT) common stock as of 30 June 2025. The position represents 6.48 % of the company’s outstanding shares, giving Royce & Associates sole voting and dispositive power over the entire block. No shares are held jointly and no other parties are identified as sharing voting or investment authority. The investment adviser certifies that the stake was acquired in the ordinary course of business and not for the purpose of influencing control of the issuer. Royce & Associates is a New York-based registered investment adviser and an indirect majority-owned subsidiary of Franklin Resources, Inc. The filing confirms that informational barriers exist between Royce and other Franklin affiliates, and the adviser disclaims beneficial ownership beyond its managed accounts. No additional transactions, purchase prices or intentions were disclosed.

Positive

  • Royce & Associates, a respected small-cap value manager, reports a 6.48 % passive stake, signalling institutional confidence in HCKT.
  • Sole voting and dispositive power suggests clear, uncomplicated ownership, reducing proxy uncertainty for other investors.

Negative

  • None.

Insights

TL;DR – Passive 6.48 % stake by respected small-cap manager; signals institutional confidence but no control intent.

Royce & Associates is well known for value-oriented small-cap strategies. Its 1.79 million-share stake gives it meaningful, but non-controlling, influence in Hackett Group. Passive Schedule 13G status indicates no activist agenda, reducing governance friction risk. For investors, growing institutional sponsorship can increase trading liquidity and potentially support valuation multiples, yet it does not alter Hackett’s strategic direction. Impact is modest, leaning positive due to validation from a specialist manager.

TL;DR – Filing is routine; ownership clears 5 % threshold, triggering disclosure, with no change-of-control implications.

The certification language confirms ordinary-course accumulation. Sole voting and dispositive powers simplify proxy dynamics; management need only monitor, not negotiate. Because Royce disclaims group status with Franklin affiliates, cross-shareholder coordination risk is low. Overall governance impact is neutral; market perception may be slightly favorable given the calibre of the investor.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



ROYCE & ASSOCIATES LP
Signature:Daniel A. O'Byrne
Name/Title:Vice President
Date:07/22/2025
Exhibit Information

The securities reported herein are beneficially owned by one or more registered investment companies or other managed accounts that are investment management clients of Royce & Associates, LP ("RALP"), an indirect majority owned subsidiary of Franklin Resources, Inc.("FRI"). When an investment management contract (including a sub advisory agreement) delegates to RALP investment discretion or voting power over the securities held in the investment advisory accounts that are subject to that agreement, FRI treats RALP as having sole investment discretion or voting authority, as the case may be, unless the agreement specifies otherwise. Accordingly, RALP reports on Schedule 13G that it has sole investment discretion and voting authority over the securities covered by any such investment managementagreement, unless otherwise noted in this Item 4. As a result, for purposes of Rule 13d 3 under the Act, RALP may be deemed to be the beneficial owner of the securities reported in this Schedule 13G. Beneficial ownership by investment management subsidiaries and other affiliates of FRI is being reported in conformity with the guidelines articulated by the SEC staff in Release No. 3439538 (January 12, 1998) relating to organizations, such as FRI, where related entities exercise voting and investment powers over the securities being reported independently from eachother. The voting and investment powers held by RALP are exercised independently from FRI(RALP's parent holding company) and from all other investment management subsidiaries of FRI (FRI, its affiliates and investment management subsidiaries other than RALP are, collectively, "FRI affiliates"). Furthermore, internal policies and procedures of RALP and FRI affiliates establish informational barriers that prevent the flow between RALP and the FRI affiliates of information that relates to the voting and investment powers over the securities owned by their respective investment management clients. Consequently, RALP and the FRI affiliates report the securities over which they hold investment and voting power separately from each other for purposes of Section 13 of the Act. Charles B. Johnson and Rupert H. Johnson, Jr. (the "Principal Shareholders") may each own in excess of 10% of the outstanding common stock of FRI and are the principal stockholders of FRI (see FRI's Proxy Statement-Stock Ownership of Certain Beneficial Owners). However, because RALP exercises voting and investment powers on behalf of its investment management clients independently of FRI affiliates, beneficial ownership of the securities reported by RALP is not attributed to the Principal Shareholders. RALP disclaims any pecuniary interest in any of the securities reported in this Schedule 13G. In addition, the filing of this Schedule 13G on behalf of RALP should not be construed as an admission that it is, and it disclaims that it is, the beneficial owner, as defined in Rule 13d 3, of any of such securities. Furthermore, RALP believes that it is not a "group" with FRI affiliates, the Principal Shareholders, or their respective affiliates within the meaning of Rule 13d 5 under the Act and that none of them is otherwise required to attribute to any other the beneficial ownership of the securities held by such person or by any persons or entities for whom or for which RALP or the FRI affiliates provide investment management services.

FAQ

How many Hackett Group (HCKT) shares does Royce & Associates own?

Royce & Associates reports beneficial ownership of 1,790,726 common shares.

What percentage of Hackett Group's outstanding stock is held by Royce & Associates?

The filing states a holding of 6.48 % of the outstanding common stock.

Is Royce & Associates' position in HCKT activist or passive?

The Schedule 13G filing is passive; the firm certifies no intent to influence control.

Does Royce & Associates share voting power with any other entity?

No. The adviser reports sole voting and dispositive power over the entire stake.

Why did Royce & Associates file Amendment No. 3 to Schedule 13G?

Crossing the 5 % ownership threshold or changing holdings triggers an update; the stake now stands at 6.48 %.

When was the stake measurement date for this filing?

Ownership figures are as of 30 June 2025; the filing was signed 22 July 2025.
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