Canada Pension Plan Investment Board Takes $503,000 Position in ICF International, Inc. $ICFI

Canada Pension Plan Investment Board acquired a new position in shares of ICF International, Inc. (NASDAQ:ICFI) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,900 shares of the business services provider’s stock, valued at approximately $503,000.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of ICF International during the second quarter valued at about $132,278,000. Neumeier Poma Investment Counsel LLC increased its holdings in ICF International by 46.6% in the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock valued at $41,037,000 after purchasing an additional 152,905 shares during the last quarter. Geode Capital Management LLC increased its holdings in ICF International by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock valued at $39,089,000 after purchasing an additional 2,535 shares during the last quarter. Systematic Financial Management LP raised its position in ICF International by 84.9% in the first quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock valued at $14,138,000 after purchasing an additional 99,442 shares during the period. Finally, Kennedy Capital Management LLC lifted its stake in ICF International by 80.7% during the fourth quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider’s stock worth $13,877,000 after purchasing an additional 72,664 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ICFI. Wall Street Zen upgraded ICF International from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 8th. Weiss Ratings raised shares of ICF International from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 12th. Finally, Barrington Research set a $110.00 price objective on shares of ICF International in a research note on Friday, August 14th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $105.00.

Insider Buying and Selling at ICF International

In related news, CEO John Wasson sold 6,400 shares of ICF International stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $88.32, for a total transaction of $565,248.00. Following the sale, the chief executive officer directly owned 6,339 shares in the company, valued at $559,860.48. This trade represents a 50.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sergio J. Ostria sold 2,000 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $88.59, for a total transaction of $177,180.00. Following the completion of the sale, the executive vice president directly owned 24,467 shares of the company’s stock, valued at approximately $2,167,531.53. This trade represents a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,811 shares of company stock worth $1,736,301 over the last quarter. 1.71% of the stock is owned by company insiders.

ICF International Price Performance

Shares of NASDAQ ICFI opened at $88.32 on Thursday. The stock’s 50-day simple moving average is $82.32 and its 200-day simple moving average is $74.41. The firm has a market capitalization of $1.58 billion, a PE ratio of 18.29 and a beta of 0.52. ICF International, Inc. has a fifty-two week low of $58.83 and a fifty-two week high of $101.50. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.39.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.21. ICF International had a return on equity of 11.53% and a net margin of 4.86%.The firm had revenue of $474.50 million during the quarter, compared to the consensus estimate of $478.30 million. During the same period in the prior year, the company posted $1.66 earnings per share. The firm’s quarterly revenue was down .3% compared to the same quarter last year. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, equities research analysts forecast that ICF International, Inc. will post 7.07 EPS for the current fiscal year.

ICF International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Friday, September 4th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, September 4th. ICF International’s dividend payout ratio (DPR) is 11.59%.

ICF International declared that its board has initiated a share repurchase program on Thursday, June 25th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the business services provider to buy up to 8.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

ICF International Profile

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.