Public Employees Retirement System of Ohio Makes New $4.34 Million Investment in Kforce Inc. $KFRC

Public Employees Retirement System of Ohio bought a new position in Kforce Inc. (NASDAQ:KFRC) in the 2nd quarter, HoldingsChannel reports. The fund bought 92,411 shares of the business services provider’s stock, valued at approximately $4,336,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC lifted its stake in Kforce by 13.2% during the second quarter. GAMMA Investing LLC now owns 1,578 shares of the business services provider’s stock worth $74,000 after purchasing an additional 184 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Kforce by 14.3% during the second quarter. Versant Capital Management Inc now owns 3,096 shares of the business services provider’s stock valued at $145,000 after purchasing an additional 387 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Kforce by 44.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,313 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 403 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Kforce by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,841 shares of the business services provider’s stock worth $530,000 after buying an additional 474 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Kforce by 2.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,381 shares of the business services provider’s stock worth $521,000 after buying an additional 475 shares during the last quarter. 92.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on KFRC shares. Robert W. Baird raised their target price on Kforce from $42.00 to $63.00 and gave the company an “outperform” rating in a research note on Tuesday, July 28th. UBS Group set a $59.00 price objective on shares of Kforce in a report on Tuesday, July 28th. Truist Financial boosted their target price on shares of Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. Finally, Zacks Research cut Kforce from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Kforce currently has a consensus rating of “Hold” and a consensus target price of $60.67.

Kforce Stock Performance

Shares of NASDAQ KFRC opened at $53.74 on Friday. Kforce Inc. has a 1 year low of $24.49 and a 1 year high of $61.68. The firm has a market cap of $962.43 million, a P/E ratio of 20.05 and a beta of 0.86. The stock has a fifty day moving average price of $56.02 and a two-hundred day moving average price of $42.88. 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 (NASDAQ:KFRC) last announced its quarterly earnings data on Monday, July 27th. The business services provider reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.03. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business had revenue of $349.33 million during the quarter, compared to analyst estimates of $348.11 million. During the same quarter in the prior year, the firm posted $0.59 earnings per share. The company’s revenue was up 4.5% on a year-over-year basis. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. Research analysts forecast that Kforce Inc. will post 2.7 EPS for the current fiscal year.

Kforce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, September 11th. This represents a $1.60 annualized dividend and a dividend yield of 3.0%. Kforce’s dividend payout ratio (DPR) is 75.47%.

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.