Kforce Inc. $KFRC Holdings Lifted by Allianz Asset Management GmbH

Allianz Asset Management GmbH increased its position in shares of Kforce Inc. (NASDAQ:KFRC) by 183.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,045 shares of the business services provider’s stock after acquiring an additional 24,631 shares during the period. Allianz Asset Management GmbH owned approximately 0.20% of Kforce worth $1,141,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of KFRC. Advisors Asset Management Inc. grew its stake in shares of Kforce by 6.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 6,285 shares of the business services provider’s stock worth $259,000 after purchasing an additional 384 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Kforce by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,841 shares of the business services provider’s stock worth $530,000 after buying an additional 474 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in Kforce by 10.9% in the third quarter. Harbor Capital Advisors Inc. now owns 5,088 shares of the business services provider’s stock worth $153,000 after buying an additional 500 shares during the last quarter. Access Investment Management LLC grew its position in Kforce by 1.4% in the third quarter. Access Investment Management LLC now owns 37,525 shares of the business services provider’s stock worth $1,125,000 after buying an additional 505 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey increased its holdings in shares of Kforce by 14.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 4,339 shares of the business services provider’s stock valued at $178,000 after buying an additional 556 shares in the last quarter. 92.77% of the stock is owned by institutional investors and hedge funds.

Kforce Stock Performance

KFRC stock opened at $28.90 on Friday. The firm has a 50 day simple moving average of $32.65 and a 200 day simple moving average of $31.16. Kforce Inc. has a 52 week low of $24.49 and a 52 week high of $52.50. The stock has a market cap of $524.29 million, a P/E ratio of 10.78 and a beta of 0.56. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06.

Kforce (NASDAQ:KFRC) last released its earnings results on Monday, February 2nd. The business services provider reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The company had revenue of $332.02 million during the quarter, compared to analysts’ expectations 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 quarter in the previous year, the company earned $0.60 EPS. Kforce has set its Q1 2026 guidance at 0.370-0.450 EPS. Research analysts anticipate that Kforce Inc. will post 2.7 earnings per share for the current fiscal year.

Kforce Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be issued a dividend of $0.40 per share. This is a positive change from Kforce’s previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Friday, March 6th. Kforce’s dividend payout ratio is 81.22%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Truist Financial raised their price objective on Kforce from $35.00 to $38.00 and gave the stock a “hold” rating in a research note on Tuesday, January 27th. UBS Group increased their price target on Kforce from $34.50 to $39.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Finally, Zacks Research cut Kforce from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Kforce has a consensus rating of “Hold” and a consensus target price of $38.50.

Kforce Profile

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.