ICF International (NASDAQ:ICFI) EVP Sells $177,180.00 in Stock

ICF International, Inc. (NASDAQ:ICFI) EVP Sergio Ostria sold 2,000 shares of ICF International stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $88.59, for a total value of $177,180.00. Following the completion of the transaction, the executive vice president owned 24,467 shares of the company’s stock, valued at approximately $2,167,531.53. This trade represents a 7.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

ICF International Stock Performance

Shares of ICFI opened at $90.22 on Friday. The stock’s 50-day simple moving average is $81.00 and its 200 day simple moving average is $74.32. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 18.68 and a beta of 0.51. 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.

ICF International (NASDAQ:ICFI) last posted its earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share for the quarter, beating 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 business had revenue of $474.50 million during the quarter, compared to analyst estimates of $478.30 million. During the same quarter in the previous year, the firm earned $1.66 EPS. The company’s quarterly revenue was down .3% compared to the same quarter last year. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Research analysts forecast that ICF International, Inc. will post 7.06 EPS for the current fiscal year.

ICF International Dividend Announcement

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

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

Institutional Investors Weigh In On ICF International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its holdings in ICF International by 4.3% in the 4th 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 raised its stake in shares of ICF International by 2,121.1% during the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 403 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of ICF International during the second quarter worth about $86,000. Seizert Capital Partners LLC boosted its holdings in shares of ICF International by 3.4% during the fourth quarter. Seizert Capital Partners LLC now owns 41,136 shares of the business services provider’s stock worth $3,509,000 after purchasing an additional 1,352 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of ICF International by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock worth $39,089,000 after purchasing an additional 2,535 shares during the last quarter. 94.12% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

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.