Corient Private Wealth LP Makes New $2.86 Million Investment in ICF International, Inc. $ICFI

Corient Private Wealth LP purchased a new stake in ICF International, Inc. (NASDAQ:ICFI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 39,242 shares of the business services provider’s stock, valued at approximately $2,860,000.

A number of other institutional investors have also modified their holdings of ICFI. EverSource Wealth Advisors LLC lifted its holdings in ICF International by 2,121.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider’s stock worth $36,000 after buying an additional 403 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of ICF International in the second quarter valued at approximately $86,000. Captrust Financial Advisors acquired a new position in ICF International during the 2nd quarter worth $246,000. Vise Technologies Inc. acquired a new position in shares of ICF International during the second quarter valued at $248,000. Finally, TradeLink Capital LLC acquired a new stake in ICF International in the fourth quarter worth about $296,000. Institutional investors and hedge funds own 94.12% of the company’s stock.

Insider Activity

In other ICF International news, EVP Sergio J. Ostria sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $88.59, for a total transaction of $177,180.00. Following the completion of the transaction, the executive vice president owned 24,467 shares in the company, valued at $2,167,531.53. This trade represents a 7.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John Wasson sold 12,411 shares of the 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 completion of the transaction, the chief executive officer directly owned 27,511 shares of the company’s stock, valued at approximately $2,203,080.88. The trade was 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. 1.71% of the stock is currently owned by insiders.

ICF International Stock Performance

ICFI stock opened at $88.81 on Wednesday. The firm has a 50 day simple moving average of $81.92 and a 200 day simple moving average of $74.32. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.39. ICF International, Inc. has a 52 week low of $58.83 and a 52 week high of $101.50. The stock has a market cap of $1.59 billion, a P/E ratio of 18.39 and a beta of 0.52.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.21. The business had revenue of $474.50 million for the quarter, compared to the consensus estimate of $478.30 million. ICF International had a net margin of 4.86% and a return on equity of 11.53%. ICF International’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.66 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Research analysts anticipate that ICF International, Inc. will post 7.07 earnings per share for the current fiscal year.

ICF International declared that its Board of Directors has initiated a share buyback plan on Thursday, June 25th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the business services provider to repurchase up to 8.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its shares are undervalued.

ICF International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 4th will be issued 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 of this dividend is Friday, September 4th. ICF International’s dividend payout ratio (DPR) is presently 11.59%.

Analyst Ratings Changes

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

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.