Neumeier Poma Investment Counsel LLC Takes $19.53 Billion Position in ICF International, Inc. $ICFI

Neumeier Poma Investment Counsel LLC acquired a new position in ICF International, Inc. (NASDAQ:ICFI) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 268,045 shares of the business services provider’s stock, valued at approximately $19,529,759,000. Neumeier Poma Investment Counsel LLC owned about 1.49% of ICF International as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in ICF International during the 2nd quarter valued at $132,278,000. Bank of New York Mellon Corp purchased a new position in shares of ICF International in the second quarter worth $7,330,000. Systematic Financial Management LP lifted its holdings in shares of ICF International by 84.9% during the first quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock valued at $14,138,000 after purchasing an additional 99,442 shares in the last quarter. Kennedy Capital Management LLC bought a new position in shares of ICF International during the third quarter valued at $8,354,000. Finally, Ieq Capital LLC purchased a new stake in shares of ICF International during the second quarter valued at $3,055,000. 94.12% of the stock is owned by institutional investors.

Insider Activity at ICF International

In other news, CEO John Wasson sold 12,411 shares of the company’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $80.08, for a total transaction of $993,872.88. Following the completion of the sale, the chief executive officer owned 27,511 shares of the company’s stock, valued at $2,203,080.88. This represents a 31.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.71% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ICFI has been the subject of several research analyst reports. Wall Street Zen upgraded ICF International from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 8th. Barrington Research set a $110.00 target price on shares of ICF International in a research note on Friday, August 14th. Finally, Weiss Ratings raised shares of ICF International from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 12th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $105.00.

ICF International Price Performance

NASDAQ ICFI opened at $89.01 on Monday. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 18.43 and a beta of 0.51. ICF International, Inc. has a 1-year low of $58.83 and a 1-year high of $101.71. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.39 and a quick ratio of 1.39. The business’s fifty day moving average price is $79.07 and its 200-day moving average price is $74.21.

ICF International (NASDAQ:ICFI) last issued its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.86 EPS for the quarter, topping the consensus estimate of $1.65 by $0.21. The company had revenue of $474.50 million during the quarter, compared to analyst estimates of $478.30 million. ICF International had a return on equity of 11.53% and a net margin of 4.86%.ICF International’s revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.66 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, equities analysts predict that ICF International, Inc. will post 7.06 earnings per share for the current year.

ICF International announced that its Board of Directors has initiated a stock repurchase plan on Thursday, June 25th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the business services provider to purchase up to 8.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.

ICF International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, September 4th. ICF International’s payout ratio is currently 11.59%.

ICF International 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.