Neumeier Poma Investment Counsel LLC Invests $19.53 Billion in ICF International, Inc. $ICFI

Neumeier Poma Investment Counsel LLC bought a new position in ICF International, Inc. (NASDAQ:ICFI) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 268,045 shares of the business services provider’s stock, valued at approximately $19,529,759,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its holdings in ICF International by 2,121.1% during the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 403 shares during the period. Captrust Financial Advisors bought a new position in shares of ICF International in the second quarter worth about $246,000. Russell Investments Group Ltd. lifted its position in shares of ICF International by 1,392.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 13,028 shares of the business services provider’s stock valued at $1,209,000 after buying an additional 12,155 shares in the last quarter. Kennedy Capital Management LLC purchased a new position in shares of ICF International during the 3rd quarter valued at about $8,354,000. Finally, Ameriprise Financial Inc. grew its stake in shares of ICF International by 376.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 19,381 shares of the business services provider’s stock valued at $1,799,000 after acquiring an additional 15,313 shares during the period. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at ICF International

In related news, CEO John Wasson sold 12,411 shares of the company’s stock in a transaction 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 owned 27,511 shares in the company, valued at approximately $2,203,080.88. This represents a 31.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.71% of the company’s stock.

Analyst Ratings Changes

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

ICF International Stock Performance

NASDAQ:ICFI opened at $89.01 on Monday. The stock has a 50-day moving average price of $79.07 and a 200 day moving average price of $74.21. The stock has a market capitalization of $1.60 billion, a P/E ratio of 18.43 and a beta of 0.51. ICF International, Inc. has a 12-month low of $58.83 and a 12-month high of $101.71. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 EPS for the quarter, topping 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 company had revenue of $474.50 million for the quarter, compared to analysts’ expectations of $478.30 million. During the same period in the previous year, the firm earned $1.66 EPS. The firm’s 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. Equities research analysts forecast that ICF International, Inc. will post 7.06 EPS for the current fiscal year.

ICF International announced that its Board of Directors has approved a stock repurchase program on Thursday, June 25th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to reacquire up to 8.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

ICF International Announces Dividend

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

About ICF International

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.