ICF International (NASDAQ:ICFI) Upgraded to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of ICF International (NASDAQ:ICFI) from a hold rating to a strong-buy rating in a research note released on Saturday.

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of ICF International in a research note on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $102.33.

ICF International Price Performance

Shares of ICFI stock opened at $95.00 on Friday. ICF International has a fifty-two week low of $58.83 and a fifty-two week high of $101.71. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.48. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 19.67 and a beta of 0.51. The stock’s 50-day simple moving average is $75.37 and its 200-day simple moving average is $74.71.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.86 EPS for the quarter, beating the consensus estimate of $1.65 by $0.21. The firm had revenue of $474.50 million during the quarter, compared to analyst estimates of $478.30 million. ICF International had a net margin of 4.86% and a return on equity of 11.59%. ICF International’s revenue was down .3% on a year-over-year basis. During the same period last year, the firm posted $1.66 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, equities analysts forecast that ICF International will post 7.01 earnings per share for the current fiscal year.

ICF International declared that its Board of Directors has authorized a stock buyback program on Thursday, June 25th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the business services provider to buy up to 8.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

ICF International Dividend Announcement

The company 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. The ex-dividend date is Friday, September 4th. This represents a $0.56 dividend on an annualized basis and a yield of 0.6%. ICF International’s dividend payout ratio is currently 12.12%.

Insider Buying and Selling

In other ICF International news, CEO John Wasson sold 12,411 shares of the firm’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $80.08, for a total transaction of $993,872.88. Following the completion of the transaction, the chief executive officer directly owned 27,511 shares of the company’s stock, valued at approximately $2,203,080.88. This trade represents a 31.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Handel Michael J. Van acquired 8,000 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of $61.39 per share, for a total transaction of $491,120.00. Following the completion of the acquisition, the director directly owned 24,254 shares in the company, valued at approximately $1,488,953.06. The trade was a 49.22% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 1.71% of the company’s stock.

Institutional Investors Weigh In On ICF International

Hedge funds have recently added to or reduced their stakes in the business. Kennedy Capital Management LLC raised its stake in shares of ICF International by 80.7% during the 4th quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider’s stock valued at $13,877,000 after buying an additional 72,664 shares during the last quarter. Gabelli Funds LLC lifted its holdings in shares of ICF International by 142.9% in the 4th quarter. Gabelli Funds LLC now owns 25,500 shares of the business services provider’s stock valued at $2,175,000 after buying an additional 15,000 shares during the period. Neumeier Poma Investment Counsel LLC boosted its stake in shares of ICF International by 46.6% in the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock worth $41,037,000 after buying an additional 152,905 shares during the last quarter. Systematic Financial Management LP grew its holdings in ICF International by 84.9% during the first quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock worth $14,138,000 after acquiring an additional 99,442 shares during the period. Finally, BlackRock Inc. acquired a new stake in ICF International during the second quarter worth about $132,278,000. 94.12% of the stock is owned by hedge funds and other institutional investors.

More ICF International News

Here are the key news stories impacting ICF International this week:

• Positive Sentiment: Adjusted EPS exceeded expectations. ICF reported second-quarter non-GAAP EPS of $1.86, up from $1.66 a year earlier and above analyst estimates of approximately $1.65-$1.69. Net income was $27 million, while adjusted EBITDA reached $53.4 million, or 11.2% of revenue. ICF Reports Second Quarter 2026 Results
• Positive Sentiment: Management reaffirmed its full-year outlook. ICF maintained 2026 adjusted EPS guidance of $6.95-$7.25 and revenue guidance of $1.9-$2.0 billion, broadly consistent with analyst expectations. Reaffirmation reduces the risk of a near-term forecast cut. ICF International Declares Dividend, Reaffirms 2026 Outlook
• Positive Sentiment: Future demand indicators were constructive. The business development pipeline reached $9.3 billion at quarter-end, and the company highlighted potential reacceleration in commercial energy and an inflection in federal growth. William Blair maintained a Buy rating, citing these opportunities. ICF International Transitional Quarter Sets Stage for Growth
• Positive Sentiment: ICF declared a quarterly dividend of $0.14 per share, payable October 9 to shareholders of record September 4. The dividend supports shareholder returns, though its annualized yield is modest at roughly 0.6%.
• Neutral Sentiment: Revenue was mixed. Second-quarter revenue of $474.5 million was essentially flat year over year and below the $478.3 million consensus estimate. The quarterly book-to-bill ratio was 0.85, although the trailing-12-month ratio remained healthier at 1.09. ICF Q2 Earnings Metrics Versus Estimates
• Negative Sentiment: Growth remains subdued. The sales shortfall and flat year-over-year revenue underscore slower near-term expansion, while the company described the quarter as transitional and pointed to gradual rather than immediate growth.

ICF International Company 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.