Empowered Funds LLC Purchases New Position in ICF International, Inc. $ICFI

Key Points

• Empowered Funds LLC acquired 53,260 shares of ICF International during the second quarter, worth approximately $3.88 million, while institutional investors and hedge funds collectively own 94.12% of the company.
• ICF reported quarterly EPS of $1.86, exceeding the $1.65 analyst consensus, although revenue of $474.5 million fell slightly short of estimates and declined 0.3% year over year. The company guided to fiscal 2026 EPS of $6.95–$7.25.
• ICF declared a quarterly dividend of $0.14 per share and authorized a $100 million share buyback, representing authorization to repurchase up to 8.1% of outstanding shares. Analysts maintain a “Moderate Buy” consensus with a $105 target price.

Empowered Funds LLC purchased a new stake in ICF International, Inc. (NASDAQ:ICFI - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 53,260 shares of the business services provider's stock, valued at approximately $3,881,000. Empowered Funds LLC owned 0.30% of ICF International as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ICFI. EverSource Wealth Advisors LLC boosted its holdings in shares of ICF International by 2,121.1% during the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider's stock worth $36,000 after acquiring an additional 403 shares during the period. Allworth Financial LP acquired a new position in shares of ICF International in the second quarter valued at approximately $86,000. Captrust Financial Advisors bought a new position in shares of ICF International during the second quarter worth approximately $246,000. Vise Technologies Inc. acquired a new stake in ICF International during the 2nd quarter worth approximately $248,000. Finally, State of Wyoming acquired a new stake in ICF International during the 2nd quarter worth approximately $287,000. 94.12% of the stock is currently owned by institutional investors and hedge funds.

ICF International Stock Down 0.3%

NASDAQ ICFI opened at $88.81 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 18.39 and a beta of 0.52. The company has a 50 day moving average of $81.92 and a 200-day moving average of $74.32. ICF International, Inc. has a 1-year low of $58.83 and a 1-year high of $101.50.

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

ICF International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 4th will be issued 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 of this dividend is Friday, September 4th. ICF International's dividend payout ratio is 11.59%.

ICF International announced that its Board of Directors has authorized a share buyback program on Thursday, June 25th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the business services provider to reacquire up to 8.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Wall Street Zen raised ICF International from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 8th. Barrington Research set a $110.00 target price on ICF International in a report on Friday, August 14th. Finally, Weiss Ratings raised shares of ICF International from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, August 12th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $105.00.

Insiders Place Their Bets

In related news, CEO John Wasson sold 12,411 shares of the company's stock in a transaction dated 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 owned 27,511 shares of the company's stock, valued at $2,203,080.88. This represents a 31.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sergio J. Ostria sold 2,000 shares of the stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $88.59, for a total transaction of $177,180.00. Following the sale, the executive vice president owned 24,467 shares in the company, valued at $2,167,531.53. The trade was a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.71% of the stock is currently owned by company insiders.

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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