Gabelli Funds LLC Buys New Position in ICF International, Inc. $ICFI

Gabelli Funds LLC bought a new stake in shares of ICF International, Inc. (NASDAQ:ICFI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,500 shares of the business services provider’s stock, valued at approximately $974,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ICFI. Teton Advisors LLC acquired a new stake in shares of ICF International during the third quarter worth $464,000. Handelsbanken Fonder AB boosted its position in ICF International by 37.4% during the third quarter. Handelsbanken Fonder AB now owns 6,902 shares of the business services provider’s stock valued at $641,000 after acquiring an additional 1,880 shares during the last quarter. Neumeier Poma Investment Counsel LLC boosted its position in ICF International by 92.0% during the third quarter. Neumeier Poma Investment Counsel LLC now owns 328,181 shares of the business services provider’s stock valued at $30,455,000 after acquiring an additional 157,295 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of ICF International by 38.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 586 shares of the business services provider’s stock worth $54,000 after acquiring an additional 164 shares in the last quarter. Finally, Tributary Capital Management LLC lifted its stake in shares of ICF International by 126.6% in the 3rd quarter. Tributary Capital Management LLC now owns 464,584 shares of the business services provider’s stock valued at $43,113,000 after purchasing an additional 259,581 shares during the period. Institutional investors and hedge funds own 94.12% of the company’s stock.

ICF International Stock Performance

NASDAQ ICFI opened at $71.75 on Thursday. The company has a market cap of $1.31 billion, a P/E ratio of 14.52 and a beta of 0.44. The company has a fifty day simple moving average of $85.51 and a 200 day simple moving average of $87.29. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.40. ICF International, Inc. has a 12-month low of $71.04 and a 12-month high of $101.71.

ICF International (NASDAQ:ICFI) last released its quarterly earnings data on Thursday, February 26th. The business services provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.06). The business had revenue of $443.67 million for the quarter, compared to analyst estimates of $440.90 million. ICF International had a return on equity of 12.42% and a net margin of 4.89%.The business’s quarterly revenue was down 10.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.87 EPS. ICF International has set its Q1 2026 guidance at 1.550-1.55 EPS and its FY 2026 guidance at 6.950-7.250 EPS. Sell-side analysts predict that ICF International, Inc. will post 7.44 earnings per share for the current fiscal year.

ICF International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Friday, March 27th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 27th. ICF International’s payout ratio is currently 11.34%.

Insider Activity at ICF International

In related news, Director Randall Mehl bought 1,100 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were bought at an average price of $74.30 per share, for a total transaction of $81,730.00. Following the completion of the acquisition, the director directly owned 21,574 shares of the company’s stock, valued at $1,602,948.20. This trade represents a 5.37% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.48% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Barrington Research reaffirmed an “outperform” rating and set a $102.00 target price on shares of ICF International in a research note on Wednesday, March 4th. Truist Financial raised their price objective on shares of ICF International from $82.00 to $90.00 and gave the stock a “hold” rating in a research report on Wednesday, January 14th. Canaccord Genuity Group began coverage on shares of ICF International in a research report on Tuesday, December 2nd. They set a “buy” rating and a $115.00 target price on the stock. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of ICF International in a report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $102.33.

About ICF International

ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.

Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.