Quantinno Capital Management LP Increases Position in Kelly Services, Inc. $KELYA

Quantinno Capital Management LP lifted its holdings in shares of Kelly Services, Inc. (NASDAQ:KELYA) by 34.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 189,010 shares of the business services provider’s stock after buying an additional 48,431 shares during the period. Quantinno Capital Management LP owned approximately 0.55% of Kelly Services worth $1,673,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in KELYA. Quarry LP raised its stake in Kelly Services by 173.2% during the 3rd quarter. Quarry LP now owns 1,970 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 1,249 shares during the last quarter. CANADA LIFE ASSURANCE Co acquired a new stake in shares of Kelly Services during the fourth quarter worth $30,000. Meeder Asset Management Inc. purchased a new position in Kelly Services in the 4th quarter valued at $42,000. Tower Research Capital LLC TRC increased its stake in Kelly Services by 83.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,324 shares of the business services provider’s stock valued at $51,000 after buying an additional 1,967 shares during the period. Finally, State of Alaska Department of Revenue increased its stake in Kelly Services by 284.2% in the 4th quarter. State of Alaska Department of Revenue now owns 7,220 shares of the business services provider’s stock valued at $63,000 after buying an additional 5,341 shares during the period. Hedge funds and other institutional investors own 76.34% of the company’s stock.

Kelly Services News Summary

Here are the key news stories impacting Kelly Services this week:

• Positive Sentiment: Higher full-year earnings forecasts: Sidoti raised its FY2026 EPS estimate to $1.09 from $0.81, while Noble Financial increased its forecast to $1.21 from $1.16. Both estimates are above the roughly $0.99 consensus, signaling improving confidence in Kelly’s profitability. Analyst earnings estimate revisions
• Positive Sentiment: Engineering division receives industry recognition: Kelly Engineering was named a Leader by Everest Group for the fifth consecutive year and a Star Performer for the third year in a row. The recognition highlights its specialized staffing, AI-enabled recruiting, workforce development investments and exposure to high-growth markets including semiconductors, data centers and advanced manufacturing. Kelly also retained its ranking as the fourth-largest U.S. engineering staffing firm. Kelly Engineering Everest Group recognition
• Positive Sentiment: Insider buying provides additional support: Recent trading data shows seven insider purchases versus one sale over the past six months, including purchases by CEO Christopher Layden and executive James Hunt. This may indicate management confidence, though insider activity is not a guarantee of future performance.
• Neutral Sentiment: Strong recent operating performance: Kelly’s latest reported quarter exceeded expectations, with $0.37 EPS versus the $0.18 consensus and revenue of approximately $1.04 billion versus the $1.01 billion forecast. However, the company remains unprofitable on a trailing basis and revenue was reportedly down year over year.
• Negative Sentiment: Near-term earnings expectations were reduced: Sidoti lowered its Q3 2026 EPS estimate to $0.03 from $0.05, while Noble Financial cut its estimate to $0.14 from $0.18. The revisions suggest a softer third quarter before the stronger Q4 and full-year forecasts.

Analysts Set New Price Targets

Several research firms have recently commented on KELYA. Weiss Ratings restated a “sell (d-)” rating on shares of Kelly Services in a research note on Friday, August 7th. Barrington Research increased their price target on shares of Kelly Services from $15.00 to $20.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Zacks Research raised Kelly Services from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $20.00.

Kelly Services Price Performance

Shares of NASDAQ KELYA opened at $15.44 on Thursday. The firm has a market capitalization of $535.30 million, a P/E ratio of -1.98, a PEG ratio of 1.08 and a beta of 0.83. Kelly Services, Inc. has a one year low of $7.98 and a one year high of $17.75. The company’s fifty day moving average is $13.60 and its two-hundred day moving average is $11.06. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.50 and a current ratio of 1.50.

Kelly Services (NASDAQ:KELYA) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.19. Kelly Services had a negative net margin of 6.73% and a positive return on equity of 2.69%. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the prior year, the company posted $0.52 EPS. Analysts forecast that Kelly Services, Inc. will post 1.1 EPS for the current fiscal year.

Kelly Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, August 19th. Kelly Services’s dividend payout ratio is presently -3.84%.

Kelly Services Company Profile

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.