Ieq Capital LLC Makes New $3.06 Million Investment in ICF International, Inc. $ICFI

Ieq Capital LLC purchased a new stake in ICF International, Inc. (NASDAQ:ICFI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 41,936 shares of the business services provider’s stock, valued at approximately $3,055,000.

Several other large investors have also modified their holdings of ICFI. Handelsbanken Fonder AB boosted its position in shares of ICF International by 4.3% in the fourth quarter. Handelsbanken Fonder AB now owns 7,202 shares of the business services provider’s stock worth $614,000 after acquiring an additional 300 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of 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 valued at $36,000 after buying an additional 403 shares during the period. Allworth Financial LP acquired a new stake in shares of ICF International during the 2nd quarter worth $86,000. Seizert Capital Partners LLC increased its holdings in shares of ICF International by 3.4% during the 4th quarter. Seizert Capital Partners LLC now owns 41,136 shares of the business services provider’s stock worth $3,509,000 after buying an additional 1,352 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of ICF International by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock worth $39,089,000 after buying an additional 2,535 shares during the period. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at ICF International

In related news, CEO John Wasson sold 12,411 shares of the firm’s stock in a transaction on 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 directly owned 27,511 shares of the company’s stock, valued at approximately $2,203,080.88. This trade represents a 31.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.71% of the company’s stock.

ICF International Stock Down 0.2%

Shares of ICF International stock opened at $88.84 on Tuesday. The company has a fifty day moving average price of $79.41 and a 200 day moving average price of $74.20. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. ICF International, Inc. has a twelve month low of $58.83 and a twelve month high of $101.50. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 18.39 and a beta of 0.51.

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 analysts’ consensus estimates of $1.65 by $0.21. ICF International had a return on equity of 11.53% and a net margin of 4.86%.The company had revenue of $474.50 million for the quarter, compared to analysts’ expectations of $478.30 million. During the same quarter in the previous year, the firm posted $1.66 earnings per share. The firm’s quarterly revenue was down .3% on a year-over-year basis. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Equities research analysts forecast that ICF International, Inc. will post 7.06 earnings per share for the current fiscal year.

ICF International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 4th will be given 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 payout ratio is presently 11.59%.

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

ICF International Company 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.