Sei Investments Co. Grows Stock Position in Kforce Inc. $KFRC

Sei Investments Co. grew its holdings in Kforce Inc. (NASDAQ:KFRC) by 66.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 246,709 shares of the business services provider’s stock after buying an additional 98,736 shares during the period. Sei Investments Co.’s holdings in Kforce were worth $7,214,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Parallel Advisors LLC increased its holdings in shares of Kforce by 427.2% during the fourth quarter. Parallel Advisors LLC now owns 854 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 692 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Kforce in the 4th quarter worth approximately $31,000. Allworth Financial LP boosted its stake in Kforce by 212.3% in the 4th quarter. Allworth Financial LP now owns 1,240 shares of the business services provider’s stock worth $38,000 after purchasing an additional 843 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Kforce by 44.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,313 shares of the business services provider’s stock worth $41,000 after purchasing an additional 403 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Kforce by 273.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,865 shares of the business services provider’s stock worth $77,000 after purchasing an additional 1,365 shares during the last quarter. Hedge funds and other institutional investors own 92.77% of the company’s stock.

Kforce Trading Down 0.4%

NASDAQ KFRC opened at $56.55 on Monday. The company has a market capitalization of $1.01 billion, a PE ratio of 21.10 and a beta of 0.87. The company has a fifty day moving average of $50.77 and a 200 day moving average of $38.90. Kforce Inc. has a 1 year low of $24.49 and a 1 year high of $61.68. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06.

Kforce (NASDAQ:KFRC) last posted its quarterly earnings results on Monday, July 27th. The business services provider reported $0.73 EPS for the quarter, beating the consensus estimate of $0.70 by $0.03. The company 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 was up 4.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 earnings per share. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. Research analysts forecast that Kforce Inc. will post 2.7 earnings per share for the current year.

Kforce Dividend Announcement

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

Analysts Set New Price Targets

KFRC has been the subject of a number of research analyst reports. Truist Financial raised their price target on shares of Kforce from $38.00 to $60.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. William Blair raised shares of Kforce from a “market perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Zacks Research lowered Kforce from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. UBS Group set a $59.00 target price on Kforce in a research note on Tuesday, July 28th. Finally, Robert W. Baird lifted their price target on Kforce from $42.00 to $63.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $60.67.

Kforce Company 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.