Russell Investments Group Ltd. Has $74,000 Stock Position in ICF International, Inc. $ICFI

Russell Investments Group Ltd. decreased its stake in shares of ICF International, Inc. (NASDAQ:ICFI) by 95.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 869 shares of the business services provider’s stock after selling 20,196 shares during the period. Russell Investments Group Ltd.’s holdings in ICF International were worth $74,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Entropy Technologies LP acquired a new position in ICF International during the 1st quarter worth about $661,000. SG Americas Securities LLC lifted its position in ICF International by 1,156.9% during the 1st quarter. SG Americas Securities LLC now owns 13,864 shares of the business services provider’s stock valued at $1,178,000 after purchasing an additional 12,761 shares during the period. GAMMA Investing LLC lifted its position in ICF International by 23,974.1% during the 1st quarter. GAMMA Investing LLC now owns 13,000 shares of the business services provider’s stock valued at $11,050,000 after purchasing an additional 12,946 shares during the period. Tributary Capital Management LLC lifted its position in ICF International by 5.1% during the 1st quarter. Tributary Capital Management LLC now owns 222,711 shares of the business services provider’s stock valued at $18,924,000 after purchasing an additional 10,848 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new position in ICF International during the 1st quarter valued at about $1,671,000. Institutional investors and hedge funds own 94.12% of the company’s stock.

ICF International Stock Down 3.6%

ICF International stock opened at $96.17 on Thursday. The company’s 50 day simple moving average is $91.02 and its 200 day simple moving average is $87.93. ICF International, Inc. has a fifty-two week low of $75.91 and a fifty-two week high of $179.67. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 16.73 and a beta of 0.51. 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) last released its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.03. ICF International had a net margin of 5.45% and a return on equity of 14.50%. The business had revenue of $476.16 million for the quarter, compared to analyst estimates of $482.84 million. During the same quarter last year, the firm earned $1.69 EPS. ICF International’s quarterly revenue was down 7.2% compared to the same quarter last year. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. As a group, sell-side analysts anticipate that ICF International, Inc. will post 7.44 EPS for the current year.

ICF International Dividend Announcement

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 paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.6%. ICF International’s payout ratio is presently 9.74%.

Insider Buying and Selling

In related news, Director Scott B. Salmirs purchased 1,250 shares of the business’s stock in a transaction on Friday, June 6th. The shares were purchased at an average price of $83.98 per share, with a total value of $104,975.00. Following the completion of the purchase, the director owned 7,653 shares in the company, valued at $642,698.94. This represents a 19.52% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Randall Mehl purchased 2,000 shares of the business’s stock in a transaction on Monday, June 9th. The stock was bought at an average cost of $84.40 per share, for a total transaction of $168,800.00. Following the purchase, the director owned 17,754 shares of the company’s stock, valued at approximately $1,498,437.60. This represents a 12.70% increase in their position. The disclosure for this purchase can be found here. Insiders own 1.39% of the company’s stock.

Wall Street Analyst Weigh In

ICFI has been the topic of a number of research reports. Canaccord Genuity Group cut their target price on shares of ICF International from $100.00 to $90.00 and set a “hold” rating on the stock in a research report on Thursday, May 8th. Barrington Research upped their target price on shares of ICF International from $102.00 to $107.00 and gave the company an “outperform” rating in a research report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.