Federated Hermes Inc. Grows Position in Kforce Inc. $KFRC

Federated Hermes Inc. lifted its position in shares of Kforce Inc. (NASDAQ:KFRC) by 56.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 43,105 shares of the business services provider’s stock after purchasing an additional 15,576 shares during the quarter. Federated Hermes Inc. owned about 0.23% of Kforce worth $1,292,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KFRC. State of Alaska Department of Revenue acquired a new position in Kforce during the third quarter valued at approximately $29,000. Parkside Financial Bank & Trust raised its stake in shares of Kforce by 3,756.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,234 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 1,202 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Kforce by 752.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,441 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 1,272 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Kforce by 273.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,865 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 1,365 shares in the last quarter. Finally, CWM LLC boosted its position in Kforce by 783.0% during the 2nd quarter. CWM LLC now owns 2,649 shares of the business services provider’s stock worth $109,000 after purchasing an additional 2,349 shares during the period. Institutional investors and hedge funds own 92.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on KFRC. Zacks Research lowered Kforce from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Truist Financial increased their target price on Kforce from $35.00 to $38.00 and gave the company a “hold” rating in a research note on Tuesday, January 27th. Finally, UBS Group raised their target price on Kforce from $34.50 to $39.00 and gave the company a “neutral” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $38.50.

Kforce Stock Performance

Shares of KFRC opened at $36.75 on Friday. The business’s 50 day moving average is $32.37 and its two-hundred day moving average is $31.71. Kforce Inc. has a 52-week low of $24.49 and a 52-week high of $54.37. The firm has a market cap of $666.74 million, a price-to-earnings ratio of 13.71 and a beta of 0.56. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16.

Kforce (NASDAQ:KFRC) last released its quarterly earnings results on Monday, February 2nd. The business services provider reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The company had revenue of $332.02 million for the quarter, compared to analyst estimates of $328.79 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 EPS. Kforce has set its Q1 2026 guidance at 0.370-0.450 EPS. Analysts forecast that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from Kforce’s previous quarterly dividend of $0.39. Kforce’s payout ratio is presently 81.22%.

About Kforce

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.