Shares of ICF International, Inc. (NASDAQ:ICFI – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $75.30 and traded as high as $81.69. ICF International shares last traded at $79.52, with a volume of 299,815 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings downgraded ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $102.33.
Get Our Latest Report on ICF International
ICF International Stock Performance
ICF International (NASDAQ:ICFI – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The business services provider reported $1.50 EPS for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.05). The business had revenue of $437.50 million for the quarter, compared to analyst estimates of $448.63 million. ICF International had a return on equity of 11.38% and a net margin of 4.68%.The firm’s quarterly revenue was down 10.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.94 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Analysts forecast that ICF International, Inc. will post 7.01 earnings per share for the current year.
ICF International Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 5th were issued a $0.14 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.7%. ICF International’s dividend payout ratio is 12.12%.
ICF International announced that its board has initiated a stock repurchase program on Thursday, June 25th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to purchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
Insider Activity
In other news, Director Handel Michael J. Van acquired 8,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were bought at an average price of $61.39 per share, with a total value of $491,120.00. Following the acquisition, the director owned 24,254 shares of the company’s stock, valued at $1,488,953.06. This trade represents a 49.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Wasson sold 12,411 shares of the business’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $80.08, for a total value of $993,872.88. Following the sale, the chief executive officer owned 27,511 shares in the company, valued at approximately $2,203,080.88. This represents a 31.09% 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 own 1.71% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Neumeier Poma Investment Counsel LLC boosted its stake in ICF International by 46.6% during the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock worth $41,037,000 after buying an additional 152,905 shares in the last quarter. Systematic Financial Management LP raised its stake in shares of ICF International by 84.9% in the 1st quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock valued at $14,138,000 after buying an additional 99,442 shares in the last quarter. Kennedy Capital Management LLC acquired a new position in shares of ICF International in the 3rd quarter valued at $8,354,000. Wedge Capital Management L L P NC bought a new position in shares of ICF International during the 4th quarter worth about $2,345,000. Finally, SG Americas Securities LLC boosted its position in shares of ICF International by 214.7% during the 4th quarter. SG Americas Securities LLC now owns 34,847 shares of the business services provider’s stock valued at $2,972,000 after acquiring an additional 23,773 shares in the last quarter. 94.12% of the stock is owned by institutional investors.
ICF International Company Profile
ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.
Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.
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