Kforce Inc. $KFRC Position Decreased by Tributary Capital Management LLC

Tributary Capital Management LLC decreased its holdings in shares of Kforce Inc. (NASDAQ:KFRC) by 7.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 428,575 shares of the business services provider’s stock after selling 33,693 shares during the period. Kforce makes up 1.6% of Tributary Capital Management LLC’s portfolio, making the stock its 27th biggest holding. Tributary Capital Management LLC owned 2.30% of Kforce worth $17,627,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Kforce by 0.4% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,271,022 shares of the business services provider’s stock valued at $111,030,000 after purchasing an additional 9,050 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Kforce by 6.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 809,007 shares of the business services provider’s stock worth $39,552,000 after buying an additional 50,044 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Kforce by 0.4% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 283,466 shares of the business services provider’s stock worth $13,859,000 after buying an additional 1,082 shares during the period. Northern Trust Corp boosted its holdings in shares of Kforce by 3.6% in the first quarter. Northern Trust Corp now owns 268,149 shares of the business services provider’s stock worth $13,110,000 after buying an additional 9,384 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Kforce by 64.9% in the first quarter. Goldman Sachs Group Inc. now owns 251,712 shares of the business services provider’s stock worth $12,306,000 after buying an additional 99,050 shares during the period. Institutional investors own 92.77% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. UBS Group decreased their target price on shares of Kforce from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, July 30th. Truist Financial decreased their target price on shares of Kforce from $46.00 to $35.00 and set a “hold” rating for the company in a report on Monday, October 13th. Finally, Zacks Research upgraded shares of Kforce from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Kforce currently has a consensus rating of “Hold” and an average target price of $37.50.

Kforce Price Performance

Shares of KFRC opened at $28.04 on Thursday. The firm has a market cap of $521.55 million, a PE ratio of 10.46 and a beta of 0.66. The firm’s 50 day moving average price is $30.45 and its 200 day moving average price is $37.41. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. Kforce Inc. has a twelve month low of $26.90 and a twelve month high of $62.80.

Kforce (NASDAQ:KFRC) last issued its quarterly earnings data on Monday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.01). The business had revenue of $334.32 million for the quarter, compared to the consensus estimate of $333.78 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. Kforce’s revenue was down 6.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.75 EPS. Kforce has set its Q3 2025 guidance at 0.530-0.61 EPS. As a group, research analysts expect that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 12th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Friday, September 12th. Kforce’s dividend payout ratio (DPR) is presently 65.27%.

About Kforce

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.