Hsbc Holdings PLC Invests $1.81 Million in ICF International, Inc. $ICFI

Key Points

• Hsbc Holdings PLC acquired 24,718 ICF International shares worth approximately $1.81 million, giving it a 0.14% stake. Institutional investors and hedge funds collectively own 94.12% of the company.
• ICF reported quarterly EPS of $1.86, beating estimates of $1.65, while revenue of $474.5 million slightly missed expectations and declined 0.3% year over year. The company reaffirmed fiscal 2026 EPS guidance of $6.95–$7.25.
• The company declared a quarterly dividend of $0.14 per share and authorized a $100 million share-repurchase program covering up to 8.1% of outstanding shares. Analysts maintain a “Moderate Buy” consensus with a $105 average price target.

Hsbc Holdings PLC acquired a new stake in ICF International, Inc. (NASDAQ:ICFI - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 24,718 shares of the business services provider's stock, valued at approximately $1,812,000. Hsbc Holdings PLC owned approximately 0.14% of ICF International at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Handelsbanken Fonder AB raised its holdings in ICF International by 4.3% during the fourth quarter. Handelsbanken Fonder AB now owns 7,202 shares of the business services provider's stock worth $614,000 after purchasing an additional 300 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in ICF International by 2,121.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider's stock valued at $36,000 after purchasing an additional 403 shares in the last quarter. Allworth Financial LP acquired a new position in shares of ICF International during the 2nd quarter valued at $86,000. Seizert Capital Partners LLC grew its stake in shares of ICF International by 3.4% in the 4th quarter. Seizert Capital Partners LLC now owns 41,136 shares of the business services provider's stock worth $3,509,000 after purchasing an additional 1,352 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings 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 in the last quarter. Institutional investors and hedge funds own 94.12% of the company's stock.

ICF International Price Performance

ICFI stock opened at $90.22 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. ICF International, Inc. has a one year low of $58.83 and a one year high of $101.50. The firm has a market capitalization of $1.62 billion, a PE ratio of 18.68 and a beta of 0.51. The firm has a 50-day moving average of $81.00 and a two-hundred day moving average of $74.24.

ICF International (NASDAQ:ICFI - Get Free Report) last released 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. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The business had revenue of $474.50 million for the quarter, compared to the consensus estimate of $478.30 million. During the same period last year, the firm 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, analysts forecast that ICF International, Inc. will post 7.07 earnings per share for the current year.

ICF International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders 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 yield of 0.6%. The ex-dividend date is Friday, September 4th. ICF International's payout ratio is presently 11.59%.

ICF International announced that its board has initiated a share repurchase 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 repurchase up to 8.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at ICF International

In other news, EVP Sergio J. Ostria sold 2,000 shares of ICF International stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $88.59, for a total transaction of $177,180.00. Following the transaction, the executive vice president owned 24,467 shares in the company, valued at approximately $2,167,531.53. The trade was a 7.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO John Wasson sold 12,411 shares of the company's stock in a transaction on Monday, July 13th. The shares were 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 in the company, valued at $2,203,080.88. The trade was 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. 1.71% of the stock is owned by insiders.

ICF International 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.

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