Huron Consulting expands incentive plan, stockholders vote

Published 13/05/2025, 21:06
Huron Consulting expands incentive plan, stockholders vote

In a recent 8-K filing with the Securities and Exchange Commission, Huron Consulting (NASDAQ:HURN) Group Inc. (market cap: $2.39 billion) detailed the outcomes from its Annual Meeting held on May 9, 2025. The company, which has delivered an impressive 75% return over the past year according to InvestingPro data, continues to demonstrate strong corporate governance practices. The company announced the approval of an amendment to its Amended and Restated 2012 Omnibus Incentive Plan, increasing the number of shares authorized for issuance under the plan by 900,000. This amendment was previously approved by Huron’s Board of Directors, subject to stockholder approval. Notably, InvestingPro data shows management has been actively buying back shares, indicating strong alignment with shareholder interests. Based on InvestingPro’s Fair Value analysis, the stock currently appears fairly valued.

During the virtual meeting, stockholders voted on several key matters, including the election of board members, executive compensation, amendments to incentive and participation plans, and ratification of the company’s independent auditor. Three Class II and three Class III directors were elected to serve until the 2026 Annual Meeting. The advisory vote to approve the compensation of the company’s named executive officers passed, as did the amendment to the Company’s Stock Ownership Participation Plan. Additionally, PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The full text of the incentive plan amendment was included in the proxy statement filed with the SEC on March 28, 2025. This document is incorporated by reference and attached as Exhibit 10.1 to the Form 8-K. The filing also included the voting results for each proposal presented to the stockholders. All the matters put forward at the Annual Meeting were approved, with the detailed voting results included in the filing.

This information is based on the SEC filing and serves to inform shareholders and the public of the company’s latest corporate governance actions and stockholder decisions. The company maintains robust financial health with a current ratio of 2.08 and operates with a moderate debt level, earning an overall "GREAT" financial health score from InvestingPro. For deeper insights into Huron’s financial metrics and access to the comprehensive Pro Research Report covering 1,400+ US stocks, consider exploring InvestingPro’s advanced analytics platform.

In other recent news, Huron Consulting Group Inc. reported impressive financial results for the first quarter of 2025, significantly surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $1.68, outperforming the forecasted $1.16, with revenue reaching $395.7 million, surpassing the anticipated $389.27 million. This strong performance was driven by growth across all three of Huron’s operating segments: Healthcare, Education, and Commercial. Notably, the company’s net income rose by 36.3% to $24.5 million, or $1.33 per diluted share, reflecting effective operational strategies.

Huron reaffirmed its full-year guidance for 2025, projecting revenue between $1.58 billion and $1.66 billion and an adjusted EBITDA margin of 14-14.5%. The company anticipates an adjusted non-GAAP EPS of $6.80 to $7.60. In terms of strategic moves, acquisitions and divestitures continue to play a role in shaping Huron’s market position. Additionally, the commercial segment is expected to maintain a full-year operating income margin of 21-23%.

Analyst firms such as William Blair and Truist Securities have shown interest in Huron’s recent performance, particularly in the commercial segment and headcount growth. The company has not seen significant changes in new business or billings, indicating stability in its operations. Huron’s leadership, including CEO Mark Hussey and CFO John Kelly, expressed confidence in the company’s ability to navigate external challenges while maintaining a strong growth trajectory.

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