Callan Family Office LLC Takes Position in Kforce Inc. $KFRC

Callan Family Office LLC acquired a new position in shares of Kforce Inc. (NASDAQ:KFRC - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 31,288 shares of the business services provider's stock, valued at approximately $1,468,000. Callan Family Office LLC owned about 0.17% of Kforce as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Allworth Financial LP acquired a new stake in shares of Kforce during the second quarter valued at about $33,000. Global Retirement Partners LLC bought a new position in Kforce in the 2nd quarter valued at approximately $34,000. Parallel Advisors LLC boosted its position in Kforce by 427.2% during the 4th quarter. Parallel Advisors LLC now owns 854 shares of the business services provider's stock worth $26,000 after buying an additional 692 shares during the period. Kestra Advisory Services LLC acquired a new stake in Kforce during the 4th quarter worth approximately $31,000. Finally, EverSource Wealth Advisors LLC grew its holdings 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 acquiring an additional 403 shares during the last quarter. 92.77% of the stock is currently owned by institutional investors.

Kforce Stock Down 0.1%

KFRC stock opened at $58.34 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 21.77 and a beta of 0.85. Kforce Inc. has a fifty-two week low of $24.49 and a fifty-two week high of $61.68. The stock has a fifty day moving average of $54.22 and a 200-day moving average of $41.42.

• Kforce NASDAQ: KFRC Stock is a Workforce Recovery Play

Kforce (NASDAQ:KFRC - Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The business services provider reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.03. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The company had revenue of $349.33 million during the quarter, compared to analysts' expectations of $348.11 million. During the same period in the previous year, the business earned $0.59 earnings per share. The firm's quarterly revenue was up 4.5% compared to the same quarter last year. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. As a group, equities research analysts predict that Kforce Inc. will post 2.7 earnings per share for the current year.

Kforce Dividend Announcement

The company 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 $0.40 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.60 annualized dividend and a yield of 2.7%. Kforce's dividend payout ratio is currently 75.47%.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Truist Financial boosted their price objective on shares of Kforce from $38.00 to $60.00 and gave the stock a "hold" rating in a research note on Wednesday, July 22nd. 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 price target on Kforce in a research note on Tuesday, July 28th. Finally, Robert W. Baird raised their price objective on Kforce from $42.00 to $63.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 28th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus 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.

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