Systematic Financial Management LP Has $14.14 Million Position in ICF International, Inc. $ICFI

Systematic Financial Management LP raised its position in ICF International, Inc. (NASDAQ:ICFI) by 84.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 216,538 shares of the business services provider’s stock after buying an additional 99,442 shares during the period. Systematic Financial Management LP’s holdings in ICF International were worth $14,138,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ICFI. Jump Financial LLC grew its holdings in shares of ICF International by 195.3% during the fourth quarter. Jump Financial LLC now owns 6,756 shares of the business services provider’s stock worth $576,000 after purchasing an additional 4,468 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in ICF International by 62.2% in the 4th quarter. Russell Investments Group Ltd. now owns 21,132 shares of the business services provider’s stock valued at $1,803,000 after buying an additional 8,104 shares during the last quarter. Kennedy Capital Management LLC raised its holdings in ICF International by 80.7% in the 4th quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider’s stock valued at $13,877,000 after buying an additional 72,664 shares during the last quarter. Third Avenue Management LLC boosted its position in ICF International by 12.4% during the 4th quarter. Third Avenue Management LLC now owns 52,864 shares of the business services provider’s stock worth $4,509,000 after buying an additional 5,840 shares during the period. Finally, Neumeier Poma Investment Counsel LLC boosted its position in ICF International by 46.6% during the 4th 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 during the period. 94.12% of the stock is owned by institutional investors and hedge funds.

Insider Activity at ICF International

In related news, CEO John Wasson sold 12,411 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $80.08, for a total value of $993,872.88. Following the sale, the chief executive officer directly owned 27,511 shares in the company, valued at $2,203,080.88. This represents a 31.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Handel Michael J. Van bought 8,000 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were purchased at an average cost of $61.39 per share, with a total value of $491,120.00. Following the transaction, the director directly owned 24,254 shares in the company, valued at approximately $1,488,953.06. This trade represents a 49.22% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.71% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Two 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $102.33.

ICF International Stock Up 3.2%

Shares of ICFI opened at $79.52 on Friday. The company has a market capitalization of $1.44 billion, a PE ratio of 17.21 and a beta of 0.53. ICF International, Inc. has a 12 month low of $58.83 and a 12 month high of $101.71. The stock’s 50-day moving average price is $72.10 and its two-hundred day moving average price is $75.30. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.43.

ICF International (NASDAQ:ICFI) last released 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 company had revenue of $437.50 million during the quarter, compared to the consensus estimate of $448.63 million. ICF International had a net margin of 4.68% and a return on equity of 11.38%. The company’s quarterly revenue was down 10.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.94 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, analysts anticipate that ICF International, Inc. will post 7.01 EPS for the current year.

ICF International announced that its board has authorized a stock buyback program on Thursday, June 25th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the business services provider to repurchase up to 8.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

ICF International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, June 5th were issued a $0.14 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.56 annualized dividend and a yield of 0.7%. ICF International’s dividend payout ratio is presently 12.12%.

About ICF International

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.