ICF International (NASDAQ:ICFI) Director Handel Michael Van Buys 8,000 Shares

ICF International, Inc. (NASDAQ:ICFI) Director Handel Michael Van bought 8,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average price of $61.39 per share, for a total transaction of $491,120.00. Following the completion of the transaction, the director directly owned 24,254 shares in the company, valued at approximately $1,488,953.06. This represents a 49.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

ICF International Stock Up 5.6%

Shares of NASDAQ ICFI opened at $64.53 on Tuesday. The firm’s 50-day moving average price is $68.35 and its 200-day moving average price is $78.84. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 13.97 and a beta of 0.56. ICF International, Inc. has a 12-month low of $58.83 and a 12-month high of $101.71.

ICF International (NASDAQ:ICFI) last announced its earnings results on Thursday, May 7th. The business services provider reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.55 by ($0.05). The business had revenue of $437.50 million for 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%. The firm’s quarterly revenue was down 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.94 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, equities research analysts anticipate that ICF International, Inc. will post 6.96 EPS for the current fiscal year.

ICF International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Friday, June 5th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, June 5th. ICF International’s dividend payout ratio is presently 12.12%.

Institutional Investors Weigh In On ICF International

Several hedge funds have recently modified their holdings of the business. Neumeier Poma Investment Counsel LLC lifted its position in shares of ICF International by 46.6% in the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock worth $41,037,000 after purchasing an additional 152,905 shares during the period. Geode Capital Management LLC lifted its position in shares of ICF International by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock worth $39,089,000 after purchasing an additional 2,535 shares during the period. Systematic Financial Management LP lifted its position in shares of ICF International by 84.9% in the 1st quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock worth $14,138,000 after purchasing an additional 99,442 shares during the period. Kennedy Capital Management LLC lifted its position in shares of ICF International by 80.7% in the 4th quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider’s stock worth $13,877,000 after purchasing an additional 72,664 shares during the period. Finally, Third Avenue Management LLC lifted its position in shares of ICF International by 12.4% in the 4th quarter. Third Avenue Management LLC now owns 52,864 shares of the business services provider’s stock worth $4,509,000 after purchasing an additional 5,840 shares during the period. Hedge funds and other institutional investors own 94.12% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Barrington Research reiterated an “outperform” rating and set a $102.00 price target on shares of ICF International in a report on Wednesday, March 4th. Weiss Ratings downgraded shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $102.33.

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.