ICF International, Inc. $ICFI Shares Purchased by Argent Capital Management LLC

Key Points

• Argent Capital Management LLC increased its stake in ICF International by 26.4%, owning 47,946 shares valued at approximately $4.06 million as of the latest SEC filing.
• ICF International's most recent quarterly earnings were reported at $1.66 EPS, beating estimates, but revenue declined 7.2% year-over-year to $476.16 million.
• The company declared a quarterly dividend of $0.14 per share, with a payout ratio of 9.74% and an annualized yield of 0.6%.

Argent Capital Management LLC lifted its position in ICF International, Inc. (NASDAQ:ICFI - Free Report) by 26.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,946 shares of the business services provider's stock after acquiring an additional 10,028 shares during the period. Argent Capital Management LLC owned 0.26% of ICF International worth $4,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in ICFI. GAMMA Investing LLC boosted its stake in shares of ICF International by 23,974.1% in the first quarter. GAMMA Investing LLC now owns 13,000 shares of the business services provider's stock worth $11,050,000 after acquiring an additional 12,946 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of ICF International by 1,156.9% in the first quarter. SG Americas Securities LLC now owns 13,864 shares of the business services provider's stock worth $1,178,000 after acquiring an additional 12,761 shares during the last quarter. Tributary Capital Management LLC boosted its stake in shares of ICF International by 5.1% in the first quarter. Tributary Capital Management LLC now owns 222,711 shares of the business services provider's stock worth $18,924,000 after acquiring an additional 10,848 shares during the last quarter. Zions Bancorporation National Association UT acquired a new position in ICF International during the first quarter worth $1,671,000. Finally, Entropy Technologies LP acquired a new position in ICF International during the first quarter worth $661,000. 94.12% of the stock is owned by institutional investors and hedge funds.

ICF International Stock Performance

NASDAQ ICFI opened at $96.00 on Tuesday. ICF International, Inc. has a 1-year low of $75.91 and a 1-year high of $179.67. The company has a market capitalization of $1.77 billion, a P/E ratio of 16.70 and a beta of 0.51. The business has a 50 day moving average price of $93.49 and a 200 day moving average price of $88.16. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.29 and a quick ratio of 1.29.

ICF International (NASDAQ:ICFI - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.03. ICF International had a return on equity of 14.50% and a net margin of 5.45%.The firm had revenue of $476.16 million during the quarter, compared to the consensus estimate of $482.84 million. During the same period last year, the business posted $1.69 EPS. ICF International's quarterly revenue was down 7.2% on a year-over-year basis. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. Sell-side analysts expect that ICF International, Inc. will post 7.44 EPS for the current fiscal year.

ICF International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 10th. Shareholders of record on Friday, September 5th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.56 annualized dividend and a yield of 0.6%. ICF International's dividend payout ratio (DPR) is presently 9.74%.

Wall Street Analyst Weigh In

Separately, Barrington Research upped their price target on ICF International from $102.00 to $107.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $128.20.

About ICF International

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.

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