Tributary Capital Management LLC Lowers Holdings in ICF International, Inc. $ICFI

Tributary Capital Management LLC decreased its stake in shares of ICF International, Inc. (NASDAQ:ICFI) by 8.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 205,003 shares of the business services provider’s stock after selling 17,708 shares during the quarter. ICF International comprises about 1.5% of Tributary Capital Management LLC’s investment portfolio, making the stock its 28th biggest holding. Tributary Capital Management LLC’s holdings in ICF International were worth $17,366,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Entropy Technologies LP purchased a new position in ICF International during the first quarter valued at $661,000. Zions Bancorporation National Association UT purchased a new position in ICF International during the first quarter valued at $1,671,000. Quantbot Technologies LP raised its stake in ICF International by 25.7% during the first quarter. Quantbot Technologies LP now owns 35,592 shares of the business services provider’s stock valued at $3,024,000 after buying an additional 7,282 shares during the last quarter. Third Avenue Management LLC raised its stake in ICF International by 6.4% during the first quarter. Third Avenue Management LLC now owns 47,024 shares of the business services provider’s stock valued at $3,996,000 after buying an additional 2,836 shares during the last quarter. Finally, Argent Capital Management LLC raised its stake in ICF International by 26.4% during the second quarter. Argent Capital Management LLC now owns 47,946 shares of the business services provider’s stock valued at $4,062,000 after buying an additional 10,028 shares during the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

Insider Transactions at ICF International

In other ICF International news, COO James C. M. Morgan sold 2,400 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $95.19, for a total transaction of $228,456.00. Following the completion of the sale, the chief operating officer owned 39,704 shares of the company’s stock, valued at approximately $3,779,423.76. The trade was a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.48% of the company’s stock.

ICF International Stock Down 1.8%

ICF International stock opened at $89.56 on Thursday. The stock has a market cap of $1.65 billion, a PE ratio of 15.58 and a beta of 0.47. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.29 and a current ratio of 1.29. ICF International, Inc. has a one year low of $75.91 and a one year high of $179.67. The stock has a fifty day moving average of $94.86 and a 200 day moving average of $88.90.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.03. The company had revenue of $476.16 million during the quarter, compared to analysts’ expectations of $482.84 million. ICF International had a return on equity of 14.50% and a net margin of 5.45%.ICF International’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.69 earnings per share. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. As a group, sell-side analysts predict that ICF International, Inc. will post 7.44 EPS for the current year.

ICF International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, September 5th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, September 5th. ICF International’s dividend payout ratio is 9.74%.

Analyst Ratings Changes

ICFI has been the subject of a number of recent research reports. Barrington Research reiterated an “outperform” rating and set a $107.00 price objective on shares of ICF International in a research note on Tuesday, September 23rd. Weiss Ratings restated a “hold (c-)” rating on shares of ICF International in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, ICF International currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.20.

ICF International Company Profile

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.