Sei Investments Co. Buys 45,097 Shares of Kelly Services, Inc. $KELYA

Sei Investments Co. grew its stake in Kelly Services, Inc. (NASDAQ:KELYA) by 90.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,916 shares of the business services provider’s stock after buying an additional 45,097 shares during the quarter. Sei Investments Co. owned approximately 0.28% of Kelly Services worth $840,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Kelly Services by 7.9% during the 3rd quarter. Vanguard Group Inc. now owns 2,071,363 shares of the business services provider’s stock valued at $27,176,000 after acquiring an additional 151,655 shares during the period. Boston Partners raised its stake in Kelly Services by 0.4% during the 3rd quarter. Boston Partners now owns 2,051,499 shares of the business services provider’s stock worth $26,908,000 after acquiring an additional 9,020 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Kelly Services by 39.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,908,900 shares of the business services provider’s stock valued at $16,798,000 after purchasing an additional 544,309 shares in the last quarter. Private Management Group Inc. boosted its position in shares of Kelly Services by 101.8% in the fourth quarter. Private Management Group Inc. now owns 1,268,649 shares of the business services provider’s stock worth $11,164,000 after purchasing an additional 640,076 shares during the period. Finally, Millennium Management LLC boosted its position in shares of Kelly Services by 8.5% in the first quarter. Millennium Management LLC now owns 1,188,264 shares of the business services provider’s stock worth $15,649,000 after purchasing an additional 93,026 shares during the period. Institutional investors own 76.34% of the company’s stock.

Kelly Services News Roundup

Here are the key news stories impacting Kelly Services this week:

• Positive Sentiment: Analysts raised FY2026 EPS forecasts. Sidoti increased its estimate to $1.09 from $0.81, while Noble Financial raised its forecast to $1.21 from $1.16. Both estimates are at or above the roughly $1.10 consensus, suggesting improving confidence in Kelly Services’ profitability. Sidoti Predicts Kelly Services’ Q3 Earnings Noble Financial Forecasts Kelly Services Earnings
• Positive Sentiment: Kelly Engineering received prominent industry recognition. Everest Group named the division a Leader for the fifth consecutive year and a Star Performer for the third consecutive year. Kelly also retained its ranking as the fourth-largest engineering staffing firm in the U.S. The recognition supports the company’s positioning in high-growth areas such as semiconductors, data centers, advanced manufacturing, aerospace and life sciences, while highlighting investments in AI-enabled recruiting and project-based services. Kelly Engineering Named Leader and Star Performer
• Neutral Sentiment: Kelly Pediatric Therapy reported staffing pressures in schools. A survey of 255 school-based therapists found rising caseloads and administrative workloads that could threaten access to federally mandated student services. The findings underscore demand for workforce solutions, but the release did not provide new revenue, earnings or guidance for KELYA. Survey of School-Based Therapists
• Negative Sentiment: Revenue trends remain a consideration. Available company data indicates second-quarter revenue of approximately $1.0 billion, down 5.77% year over year, so the improved earnings outlook may reflect margin gains or operational improvements rather than broad-based sales growth.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Kelly Services in a research report on Friday, August 7th. Zacks Research raised shares of Kelly Services from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Barrington Research increased their price target on Kelly Services from $15.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Kelly Services currently has a consensus rating of “Hold” and an average price target of $20.00.

Kelly Services Trading Up 5.6%

KELYA stock opened at $16.31 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.50 and a quick ratio of 1.50. Kelly Services, Inc. has a 1-year low of $7.98 and a 1-year high of $17.75. The business has a 50 day simple moving average of $13.69 and a two-hundred day simple moving average of $11.10. The company has a market capitalization of $565.47 million, a price-to-earnings ratio of -2.09, a PEG ratio of 1.08 and a beta of 0.83.

Kelly Services (NASDAQ:KELYA) last released its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.19. Kelly Services had a negative net margin of 6.73% and a positive return on equity of 2.69%. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the business posted $0.52 earnings per share. Research analysts anticipate that Kelly Services, Inc. will post 1.1 EPS for the current fiscal year.

Kelly Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Wednesday, August 19th. Kelly Services’s dividend payout ratio (DPR) is presently -3.84%.

Kelly Services Profile

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.