Acadian Asset Management LLC Sells 1,293 Shares of Kforce Inc. $KFRC

Acadian Asset Management LLC decreased its position in shares of Kforce Inc. (NASDAQ:KFRC) by 2.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,644 shares of the business services provider’s stock after selling 1,293 shares during the quarter. Acadian Asset Management LLC owned about 0.31% of Kforce worth $2,865,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Kforce by 0.4% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,271,022 shares of the business services provider’s stock worth $111,030,000 after acquiring an additional 9,050 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Kforce by 6.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 809,007 shares of the business services provider’s stock worth $39,552,000 after purchasing an additional 50,044 shares in the last quarter. Tributary Capital Management LLC raised its stake in shares of Kforce by 9.3% in the first quarter. Tributary Capital Management LLC now owns 462,268 shares of the business services provider’s stock worth $22,600,000 after purchasing an additional 39,338 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Kforce by 36.3% in the fourth quarter. Wellington Management Group LLP now owns 297,111 shares of the business services provider’s stock valued at $16,846,000 after purchasing an additional 79,100 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Kforce by 0.4% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 283,466 shares of the business services provider’s stock valued at $13,859,000 after purchasing an additional 1,082 shares in the last quarter. 92.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

KFRC has been the subject of several analyst reports. UBS Group lowered their target price on shares of Kforce from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, July 30th. Truist Financial dropped their target price on shares of Kforce from $50.00 to $46.00 and set a “hold” rating on the stock in a research report on Tuesday, July 29th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $52.33.

Kforce Trading Down 0.0%

Shares of KFRC opened at $30.45 on Tuesday. Kforce Inc. has a twelve month low of $29.33 and a twelve month high of $64.07. The stock has a market cap of $566.32 million, a PE ratio of 11.36 and a beta of 0.68. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average price is $35.91 and its 200-day moving average price is $41.06.

Kforce (NASDAQ:KFRC) last issued its quarterly earnings data on Monday, July 28th. The business services provider reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). The firm had revenue of $334.32 million for the quarter, compared to analysts’ expectations of $333.78 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. Kforce’s revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 EPS. Kforce has set its Q3 2025 guidance at 0.530-0.61 EPS. On average, equities analysts forecast that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 12th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $1.56 annualized dividend and a dividend yield of 5.1%. Kforce’s dividend payout ratio is presently 65.27%.

Kforce Company Profile

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.