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

ICF International, Inc. (NASDAQ:ICFIGet Free Report) EVP Sergio Ostria sold 2,000 shares of the company’s 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 $2,167,531.53. This trade represents a 7.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

ICF International Trading Up 0.5%

NASDAQ ICFI opened at $89.80 on Friday. The business’s fifty day moving average is $80.53 and its 200-day moving average is $74.21. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 18.59 and a beta of 0.51. ICF International, Inc. has a one year low of $58.83 and a one year high of $101.50.

ICF International (NASDAQ:ICFIGet Free Report) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $478.30 million. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The firm’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter last year, the company posted $1.66 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Equities research analysts predict that ICF International, Inc. will post 7.06 EPS for the current year.

ICF International announced that its board has approved a share repurchase 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 shares through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is 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 issued a $0.14 dividend. 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 11.59%.

Analyst Ratings Changes

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

Get Our Latest Analysis on ICF International

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its position 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 buying an additional 403 shares during the period. Allworth Financial LP purchased a new stake in shares of ICF International in the second quarter worth about $86,000. Captrust Financial Advisors bought a new position in shares of ICF International in the second quarter valued at approximately $246,000. Vise Technologies Inc. purchased a new position in ICF International during the second quarter valued at approximately $248,000. Finally, TradeLink Capital LLC purchased a new position in ICF International during the fourth quarter valued at approximately $296,000. Institutional investors own 94.12% of the company’s stock.

About ICF International

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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.

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