Corient Private Wealth LP Invests $2.86 Million in ICF International, Inc. $ICFI

Key Points

• Corient Private Wealth acquired 39,242 ICF International shares worth approximately $2.86 million, while institutional investors collectively own 94.12% of the company.
• ICF reported quarterly EPS of $1.86, beating estimates of $1.65, although revenue declined 0.3% year over year to $474.5 million. The company expects fiscal 2026 EPS of $6.95–$7.25.
• The board authorized a $100 million share repurchase program, covering up to 8.1% of outstanding shares. Analysts maintain a “Moderate Buy” consensus with an average price target of $105, versus a reported share price of $88.81.

Corient Private Wealth LP acquired a new stake in ICF International, Inc. (NASDAQ:ICFI - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 39,242 shares of the business services provider's stock, valued at approximately $2,860,000. Corient Private Wealth LP owned about 0.22% of ICF International at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Kennedy Capital Management LLC lifted its holdings in shares of ICF International by 80.7% in the fourth quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider's stock valued at $13,877,000 after purchasing an additional 72,664 shares in the last quarter. Gabelli Funds LLC raised its position in shares of ICF International by 142.9% during the 4th quarter. Gabelli Funds LLC now owns 25,500 shares of the business services provider's stock worth $2,175,000 after purchasing an additional 15,000 shares during the last quarter. Ieq Capital LLC acquired a new position in shares of ICF International during the 2nd quarter worth approximately $3,055,000. Systematic Financial Management LP lifted its stake in 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 valued at $14,138,000 after buying an additional 99,442 shares in the last quarter. Finally, Neumeier Poma Investment Counsel LLC grew its holdings in ICF International by 46.6% during the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider's stock valued at $41,037,000 after buying an additional 152,905 shares during the last quarter. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

ICF International Price Performance

ICFI stock opened at $88.81 on Wednesday. The stock's fifty day simple moving average is $81.92 and its 200-day simple moving average is $74.32. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.39. ICF International, Inc. has a 52-week low of $58.83 and a 52-week high of $101.50. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 18.39 and a beta of 0.52.

ICF International (NASDAQ:ICFI - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 EPS for the quarter, beating the consensus estimate of $1.65 by $0.21. The company had revenue of $474.50 million during the quarter, compared to analysts' expectations of $478.30 million. ICF International had a return on equity of 11.53% and a net margin of 4.86%.The firm's revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.66 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Equities research analysts expect that ICF International, Inc. will post 7.07 EPS for the current year.

ICF International declared that its board has authorized a share buyback program on Thursday, June 25th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the business services provider to reacquire up to 8.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

ICF International Dividend Announcement

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 given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.56 annualized dividend and a yield of 0.6%. ICF International's dividend payout ratio is 11.59%.

Insider Buying and Selling

In other news, CEO John Wasson sold 12,411 shares of ICF International stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $80.08, for a total value of $993,872.88. Following the transaction, the chief executive officer directly owned 27,511 shares of the company's stock, valued at $2,203,080.88. The trade was a 31.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sergio J. Ostria sold 2,000 shares of ICF International stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $88.59, for a total transaction of $177,180.00. Following the transaction, the executive vice president directly owned 24,467 shares in the company, valued at approximately $2,167,531.53. This trade represents a 7.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.71% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on ICFI. Barrington Research set a $110.00 price target on ICF International in a research report on Friday, August 14th. Weiss Ratings raised 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 report on Saturday, August 8th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, ICF International has an average rating of "Moderate Buy" and an average price target of $105.00.

About ICF International

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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