Robeco Institutional Asset Management B.V. Sells 43,794 Shares of Kelly Services, Inc. $KELYA

Robeco Institutional Asset Management B.V. cut its holdings in Kelly Services, Inc. (NASDAQ:KELYA) by 29.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,892 shares of the business services provider’s stock after selling 43,794 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Kelly Services were worth $1,240,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Kelly Services by 14.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 82,329 shares of the business services provider’s stock valued at $1,148,000 after purchasing an additional 10,352 shares during the period. GAMMA Investing LLC grew its holdings in Kelly Services by 923.2% during the first quarter. GAMMA Investing LLC now owns 95,469 shares of the business services provider’s stock valued at $1,257,000 after purchasing an additional 86,139 shares during the period. Parallel Advisors LLC grew its holdings in Kelly Services by 5,012.7% during the first quarter. Parallel Advisors LLC now owns 2,812 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 2,757 shares during the period. Palouse Capital Management Inc. grew its holdings in Kelly Services by 33.6% during the first quarter. Palouse Capital Management Inc. now owns 10,944 shares of the business services provider’s stock valued at $144,000 after purchasing an additional 2,750 shares during the period. Finally, ARGA Investment Management LP grew its holdings in Kelly Services by 9.2% during the first quarter. ARGA Investment Management LP now owns 106,403 shares of the business services provider’s stock valued at $1,401,000 after purchasing an additional 8,921 shares during the period. 76.34% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Nicola M. Soares sold 27,412 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $13.43, for a total value of $368,143.16. Following the sale, the senior vice president owned 40,134 shares in the company, valued at approximately $538,999.62. This trade represents a 40.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Daniel H. Malan sold 7,840 shares of the stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $12.86, for a total value of $100,822.40. Following the completion of the sale, the senior vice president owned 79,791 shares in the company, valued at $1,026,112.26. This trade represents a 8.95% decrease in their position. The disclosure for this sale can be found here. Insiders sold 52,902 shares of company stock worth $721,526 in the last quarter. 3.90% of the stock is currently owned by company insiders.

Kelly Services Price Performance

Kelly Services stock opened at $12.77 on Wednesday. Kelly Services, Inc. has a one year low of $10.80 and a one year high of $22.44. The business has a fifty day moving average price of $13.57 and a 200-day moving average price of $12.60. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.52 and a quick ratio of 1.52. The firm has a market capitalization of $450.14 million, a P/E ratio of -63.85, a PEG ratio of 0.46 and a beta of 0.85.

Kelly Services (NASDAQ:KELYA) last issued its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. Kelly Services had a positive return on equity of 5.65% and a negative net margin of 0.14%.The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion. Kelly Services has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Kelly Services, Inc. will post 2.45 EPS for the current year.

Kelly Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Wednesday, August 20th were given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Wednesday, August 20th. Kelly Services’s dividend payout ratio (DPR) is -150.00%.

Analyst Ratings Changes

Several brokerages have weighed in on KELYA. UBS Group reissued an “outperform” rating on shares of Kelly Services in a report on Friday, September 12th. Barrington Research reissued an “outperform” rating and set a $25.00 price objective on shares of Kelly Services in a report on Tuesday, September 23rd. Wall Street Zen raised Kelly Services from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 14th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Kelly Services in a report on Saturday, September 27th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $25.00.

About Kelly Services

Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.