Kforce Inc. $KFRC Holdings Increased by New South Capital Management Inc.

New South Capital Management Inc. increased its stake in Kforce Inc. (NASDAQ:KFRC) by 18.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 709,550 shares of the business services provider’s stock after acquiring an additional 108,507 shares during the period. New South Capital Management Inc. owned approximately 3.81% of Kforce worth $21,272,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in KFRC. Tributary Capital Management LLC lifted its position in Kforce by 93.0% in the third quarter. Tributary Capital Management LLC now owns 827,046 shares of the business services provider’s stock worth $24,795,000 after purchasing an additional 398,471 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Kforce by 0.6% in the second quarter. Geode Capital Management LLC now owns 511,072 shares of the business services provider’s stock valued at $21,021,000 after buying an additional 3,173 shares during the period. Deprince Race & Zollo Inc. boosted its stake in Kforce by 391.9% during the third quarter. Deprince Race & Zollo Inc. now owns 382,443 shares of the business services provider’s stock valued at $11,466,000 after buying an additional 304,690 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Kforce by 64.9% during the first quarter. Goldman Sachs Group Inc. now owns 251,712 shares of the business services provider’s stock worth $12,306,000 after acquiring an additional 99,050 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Kforce by 16.3% in the second quarter. Envestnet Asset Management Inc. now owns 203,949 shares of the business services provider’s stock worth $8,388,000 after acquiring an additional 28,516 shares in the last quarter. Institutional investors and hedge funds own 92.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on KFRC. Truist Financial lifted their price objective on shares of Kforce from $35.00 to $38.00 and gave the stock a “hold” rating in a research note on Tuesday, January 27th. UBS Group upped their price target on Kforce from $34.50 to $39.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Finally, Zacks Research lowered Kforce from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $38.50.

Kforce Stock Down 5.1%

Shares of NASDAQ:KFRC opened at $29.16 on Friday. The firm has a 50 day simple moving average of $32.67 and a 200 day simple moving average of $31.28. Kforce Inc. has a 52 week low of $24.49 and a 52 week high of $52.50. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The company has a market cap of $528.99 million, a PE ratio of 10.88 and a beta of 0.56.

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

Kforce Increases Dividend

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

Kforce Company 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.