ICF International, Inc. $ICFI Shares Acquired by Gabelli Funds LLC

Gabelli Funds LLC grew its stake in ICF International, Inc. (NASDAQ:ICFI) by 142.9% during the 4th quarter, Holdings Channel reports. The firm owned 25,500 shares of the business services provider’s stock after purchasing an additional 15,000 shares during the quarter. Gabelli Funds LLC’s holdings in ICF International were worth $2,175,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC grew its position in shares of ICF International by 38.9% in the third quarter. EverSource Wealth Advisors LLC now owns 586 shares of the business services provider’s stock valued at $54,000 after purchasing an additional 164 shares during the period. Trust Point Inc. grew its position in shares of ICF International by 8.6% in the fourth quarter. Trust Point Inc. now owns 5,198 shares of the business services provider’s stock valued at $443,000 after purchasing an additional 411 shares during the period. Seizert Capital Partners LLC grew its position in shares of ICF International by 3.4% in the fourth quarter. Seizert Capital Partners LLC now owns 41,136 shares of the business services provider’s stock valued at $3,509,000 after purchasing an additional 1,352 shares during the period. Handelsbanken Fonder AB grew its position in shares of ICF International by 37.4% in the third quarter. Handelsbanken Fonder AB now owns 6,902 shares of the business services provider’s stock valued at $641,000 after purchasing an additional 1,880 shares during the period. Finally, Captrust Financial Advisors acquired a new stake in shares of ICF International in the second quarter valued at about $246,000. Institutional investors and hedge funds own 94.12% of the company’s stock.

ICF International Price Performance

Shares of ICFI stock opened at $68.93 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.48 and a quick ratio of 1.48. The firm’s 50-day moving average is $67.87 and its two-hundred day moving average is $78.43. ICF International, Inc. has a 12 month low of $58.83 and a 12 month high of $101.71. The company has a market capitalization of $1.25 billion, a PE ratio of 14.92 and a beta of 0.56.

ICF International (NASDAQ:ICFI) last released its quarterly earnings results on Thursday, May 7th. The business services provider reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.05). The company had revenue of $437.50 million during the quarter, compared to analysts’ expectations of $448.63 million. ICF International had a net margin of 4.68% and a return on equity of 11.38%. ICF International’s revenue was down 10.3% on a year-over-year basis. During the same period last year, the firm posted $1.94 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Analysts predict that ICF International, Inc. will post 6.98 earnings per share for the current year.

ICF International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Friday, June 5th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, June 5th. ICF International’s payout ratio is 12.12%.

Analyst Ratings Changes

ICFI has been the topic of several research analyst reports. Weiss Ratings lowered shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Barrington Research reissued an “outperform” rating and issued a $102.00 price target on shares of ICF International in a research note on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $102.33.

Insider Buying and Selling

In other ICF International news, Director Randall Mehl acquired 1,100 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average price of $74.30 per share, for a total transaction of $81,730.00. Following the completion of the acquisition, the director owned 21,574 shares of the company’s stock, valued at approximately $1,602,948.20. This trade represents a 5.37% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Handel Michael J. Van acquired 8,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of $61.39 per share, with a total value of $491,120.00. Following the acquisition, the director directly owned 24,254 shares of the company’s stock, valued at approximately $1,488,953.06. This represents a 49.22% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.48% of the stock is currently owned by insiders.

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.