Deutsche Bank AG bought a new position in shares of ICF International, Inc. (NASDAQ:ICFI - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 27,374 shares of the business services provider's stock, valued at approximately $1,994,000. Deutsche Bank AG owned approximately 0.15% of ICF International at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of ICFI. Neumeier Poma Investment Counsel LLC raised its position in 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 valued at $41,037,000 after purchasing an additional 152,905 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of ICF International during the second quarter worth about $7,330,000. Systematic Financial Management LP grew its position in shares of ICF International by 84.9% during the first quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider's stock worth $14,138,000 after buying an additional 99,442 shares in the last quarter. Kennedy Capital Management LLC purchased a new stake in shares of ICF International during the third quarter worth approximately $8,354,000. Finally, Public Employees Retirement System of Ohio increased its stake in shares of ICF International by 5,229.4% during the third quarter. Public Employees Retirement System of Ohio now owns 17,214 shares of the business services provider's stock worth $1,597,000 after buying an additional 16,891 shares during the period. Hedge funds and other institutional investors own 94.12% of the company's stock.
Insider Buying and Selling at ICF International
In related news, EVP Sergio J. Ostria sold 2,000 shares of ICF International stock in a transaction 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 sale, the executive vice president directly owned 24,467 shares in the company, valued at $2,167,531.53. This trade represents a 7.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Wasson sold 12,411 shares of the business's stock in a transaction on Monday, July 13th. The shares were sold at an average price of $80.08, for a total transaction of $993,872.88. Following the completion of the sale, the chief executive officer directly owned 27,511 shares of the company's stock, valued at approximately $2,203,080.88. This trade represents a 31.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.71% of the company's stock.
ICF International Trading Up 0.5%
ICFI opened at $90.22 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.39. ICF International, Inc. has a one year low of $58.83 and a one year high of $101.50. The company has a market cap of $1.62 billion, a P/E ratio of 18.68 and a beta of 0.51. The business's 50-day simple moving average is $81.00 and its 200-day simple moving average is $74.32.
ICF International (NASDAQ:ICFI - Get Free Report) last posted its earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.21. The firm 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.66 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, equities research analysts expect that ICF International, Inc. will post 7.06 EPS for the current fiscal year.
ICF International announced that its board has approved a share buyback program on Thursday, June 25th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the business services provider to reacquire up to 8.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.
ICF International Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 4th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, September 4th. ICF International's payout ratio is currently 11.59%.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on ICFI. Wall Street Zen upgraded shares of ICF International from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 8th. Barrington Research set a $110.00 price objective on shares of ICF International in a research report on Friday, August 14th. Finally, Weiss Ratings upgraded shares of ICF International from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, August 12th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $105.00.
Get Our Latest Stock Analysis on ICFI
About ICF International
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding ICFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ICF International, Inc. (NASDAQ:ICFI - Free Report).

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