Wealth Enhancement Advisory Services LLC Makes New $208,000 Investment in Kforce Inc. $KFRC

Wealth Enhancement Advisory Services LLC acquired a new position in shares of Kforce Inc. (NASDAQ:KFRC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,763 shares of the business services provider’s stock, valued at approximately $208,000.

Several other hedge funds also recently modified their holdings of the stock. Gallacher Capital Management LLC grew its holdings in shares of Kforce by 17.5% in the 2nd quarter. Gallacher Capital Management LLC now owns 16,622 shares of the business services provider’s stock valued at $684,000 after acquiring an additional 2,476 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Kforce by 18.1% in the 1st quarter. Rhumbline Advisers now owns 47,349 shares of the business services provider’s stock valued at $2,315,000 after acquiring an additional 7,256 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Kforce by 5.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 39,416 shares of the business services provider’s stock valued at $1,927,000 after acquiring an additional 2,159 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Kforce by 64.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 251,712 shares of the business services provider’s stock valued at $12,306,000 after acquiring an additional 99,050 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Kforce by 3.5% in the 1st quarter. Millennium Management LLC now owns 133,829 shares of the business services provider’s stock valued at $6,543,000 after acquiring an additional 4,511 shares in the last quarter. Institutional investors own 92.77% of the company’s stock.

Analysts Set New Price Targets

KFRC has been the subject of several analyst reports. UBS Group decreased their price objective on Kforce from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, July 30th. Truist Financial decreased their price objective on Kforce from $50.00 to $46.00 and set a “hold” rating for the company in a report on Tuesday, July 29th. Finally, Zacks Research upgraded Kforce from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kforce presently has a consensus rating of “Hold” and a consensus price target of $52.33.

Kforce Stock Down 4.2%

NASDAQ KFRC opened at $27.75 on Friday. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. Kforce Inc. has a 1-year low of $27.60 and a 1-year high of $62.80. The company has a 50 day moving average of $31.21 and a 200-day moving average of $38.56. The company has a market cap of $516.12 million, a price-to-earnings ratio of 10.35 and a beta of 0.66.

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

Kforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.6%. The ex-dividend date was Friday, September 12th. Kforce’s payout ratio is currently 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.