Quantbot Technologies LP Acquires 7,282 Shares of ICF International, Inc. $ICFI

Key Points

• Quantbot Technologies LP increased its holdings in ICF International by 25.7%, acquiring an additional 7,282 shares, bringing its total ownership to 35,592 shares valued at approximately $3.02 million.
• ICF International reported quarterly earnings of $1.66 per share, slightly above estimates, but experienced a 7.2% decline in revenue compared to the same quarter last year.
• The company announced a quarterly dividend of $0.14 per share, with an ex-dividend date set for September 5th, representing a yield of 0.6%.

Quantbot Technologies LP raised its stake in shares of ICF International, Inc. (NASDAQ:ICFI - Free Report) by 25.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 35,592 shares of the business services provider's stock after acquiring an additional 7,282 shares during the quarter. Quantbot Technologies LP owned approximately 0.19% of ICF International worth $3,024,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Marshall Wace LLP increased its stake in shares of ICF International by 2,331.0% in the fourth quarter. Marshall Wace LLP now owns 65,176 shares of the business services provider's stock valued at $7,770,000 after buying an additional 62,495 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of ICF International in the fourth quarter valued at $149,000. MetLife Investment Management LLC increased its stake in shares of ICF International by 5.8% in the fourth quarter. MetLife Investment Management LLC now owns 11,395 shares of the business services provider's stock valued at $1,358,000 after buying an additional 626 shares in the last quarter. Tudor Investment Corp ET AL increased its stake in shares of ICF International by 5,171.3% in the fourth quarter. Tudor Investment Corp ET AL now owns 73,904 shares of the business services provider's stock valued at $8,810,000 after buying an additional 72,502 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of ICF International by 411.7% in the fourth quarter. BNP Paribas Financial Markets now owns 90,226 shares of the business services provider's stock valued at $10,756,000 after buying an additional 72,595 shares in the last quarter. 94.12% of the stock is owned by institutional investors.

Insider Activity

In other ICF International news, Director Scott B. Salmirs acquired 1,250 shares of the business's stock in a transaction dated Friday, June 6th. The shares were acquired at an average price of $83.98 per share, for a total transaction of $104,975.00. Following the acquisition, the director directly owned 7,653 shares of the company's stock, valued at approximately $642,698.94. This trade represents a 19.52% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Randall Mehl acquired 2,000 shares of the business's stock in a transaction dated Monday, June 9th. The shares were acquired at an average price of $84.40 per share, for a total transaction of $168,800.00. Following the acquisition, the director directly owned 17,754 shares in the company, valued at $1,498,437.60. This represents a 12.70% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.48% of the company's stock.

ICF International Trading Up 0.1%

Shares of ICF International stock traded up $0.15 during trading on Tuesday, hitting $98.88. 16,482 shares of the company were exchanged, compared to its average volume of 241,594. The firm has a market capitalization of $1.82 billion, a P/E ratio of 17.27 and a beta of 0.49. ICF International, Inc. has a 1-year low of $75.91 and a 1-year high of $179.67. The firm's fifty day moving average price is $88.98 and its 200 day moving average price is $88.23. 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 posted its earnings results on Thursday, July 31st. The business services provider reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.03. The company had revenue of $476.16 million during the quarter, compared to analyst estimates of $482.84 million. ICF International had a return on equity of 14.50% and a net margin of 5.45%.The company's revenue for the quarter was down 7.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.69 EPS. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. As a group, sell-side analysts expect that ICF International, Inc. will post 7.44 earnings per share for the current fiscal year.

ICF International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Friday, September 5th 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 is Friday, September 5th. ICF International's payout ratio is 9.74%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ICFI shares. Wall Street Zen lowered ICF International from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. Barrington Research lifted their price objective on ICF International from $102.00 to $107.00 and gave the stock an "outperform" rating in a research report on Monday, August 11th. Finally, Canaccord Genuity Group lowered their price objective on ICF International from $100.00 to $90.00 and set a "hold" rating for the company in a research report on Thursday, May 8th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $128.20.

ICF International Company Profile

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.