ICF International (NASDAQ:ICFI) EVP Sergio Ostria Sells 2,000 Shares of Stock

ICF International, Inc. (NASDAQ:ICFI) EVP Sergio Ostria sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $88.59, for a total transaction of $177,180.00. Following the transaction, the executive vice president directly owned 24,467 shares in the company, valued at $2,167,531.53. This represents a 7.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

ICF International Stock Up 1.1%

NASDAQ ICFI opened at $89.34 on Thursday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 18.50 and a beta of 0.51. The company has a 50 day moving average of $80.06 and a 200-day moving average of $74.19. ICF International, Inc. has a 1-year low of $58.83 and a 1-year high of $101.50.

ICF International (NASDAQ:ICFI) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share (EPS) 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 return on equity of 11.53% and a net margin of 4.86%.The firm’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter 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. On average, equities research analysts expect that ICF International, Inc. will post 7.06 earnings per share for the current fiscal year.

ICF International declared that its Board of Directors has approved a share buyback program on Thursday, June 25th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to buy up to 8.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

ICF International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Friday, September 4th will be given a $0.14 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.6%. ICF International’s dividend payout ratio (DPR) is presently 11.59%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On ICF International

Several large investors have recently bought and sold shares of ICFI. EverSource Wealth Advisors LLC increased its stake in shares of ICF International by 2,121.1% in the second 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 bought a new position in shares of ICF International in the 2nd quarter worth about $86,000. Captrust Financial Advisors acquired a new position in ICF International in the second quarter valued at approximately $246,000. Vise Technologies Inc. acquired a new position in shares of ICF International during the 2nd quarter valued at $248,000. Finally, State of Wyoming acquired a new position in shares of ICF International during the second quarter valued at about $287,000. 94.12% of the stock is currently owned by institutional investors.

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.