Access Investment Management LLC Buys 27,995 Shares of Kforce Inc. $KFRC

Access Investment Management LLC boosted its stake in Kforce Inc. (NASDAQ:KFRC) by 74.6% during the first quarter, Holdings Channel reports. The institutional investor owned 65,520 shares of the business services provider’s stock after buying an additional 27,995 shares during the period. Access Investment Management LLC’s holdings in Kforce were worth $1,916,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of KFRC. EverSource Wealth Advisors LLC boosted its holdings in shares of Kforce by 44.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,313 shares of the business services provider’s stock worth $41,000 after acquiring an additional 403 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Kforce by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,841 shares of the business services provider’s stock worth $530,000 after purchasing an additional 474 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Kforce by 2.8% during the third quarter. JPMorgan Chase & Co. now owns 17,381 shares of the business services provider’s stock worth $521,000 after purchasing an additional 475 shares during the period. Vident Advisory LLC lifted its holdings in Kforce by 2.8% during the 4th quarter. Vident Advisory LLC now owns 19,724 shares of the business services provider’s stock worth $610,000 after purchasing an additional 544 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Kforce by 1.3% during the 1st quarter. Bank of America Corp DE now owns 45,191 shares of the business services provider’s stock worth $1,321,000 after purchasing an additional 589 shares during the last quarter. 92.77% of the stock is owned by institutional investors.

Kforce Price Performance

Shares of NASDAQ:KFRC opened at $56.55 on Friday. The firm has a 50 day moving average of $50.77 and a 200-day moving average of $38.87. The stock has a market capitalization of $1.01 billion, a PE ratio of 21.10 and a beta of 0.87. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. Kforce Inc. has a 12 month low of $24.49 and a 12 month high of $61.68.

Kforce (NASDAQ:KFRC) last posted its quarterly earnings results on Monday, July 27th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.03. The business had revenue of $349.33 million for the quarter, compared to analyst estimates of $348.11 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the business posted $0.59 EPS. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. On average, equities research analysts predict that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, September 11th. This represents a $1.60 annualized dividend and a yield of 2.8%. Kforce’s dividend payout ratio is presently 75.47%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Robert W. Baird boosted their price target on Kforce from $42.00 to $63.00 and gave the company an “outperform” rating in a research note on Tuesday. William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Zacks Research downgraded Kforce from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. UBS Group set a $59.00 target price on shares of Kforce in a research report on Tuesday. Finally, Truist Financial upped their price target on shares of Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Kforce has an average rating of “Hold” and an average target price of $60.67.

Kforce Profile

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.