MetLife Investment Management LLC Sells 181 Shares of ICF International, Inc. $ICFI

MetLife Investment Management LLC decreased its position in ICF International, Inc. (NASDAQ:ICFI) by 1.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 11,214 shares of the business services provider’s stock after selling 181 shares during the period. MetLife Investment Management LLC owned about 0.06% of ICF International worth $953,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in ICFI. BNP Paribas Financial Markets grew its holdings in shares of ICF International by 411.7% in the fourth quarter. BNP Paribas Financial Markets now owns 90,226 shares of the business services provider’s stock worth $10,756,000 after purchasing an additional 72,595 shares during the last quarter. Ethic Inc. bought a new position in shares of ICF International in the fourth quarter worth approximately $292,000. GAMMA Investing LLC grew its holdings in shares of ICF International by 23,974.1% in the first quarter. GAMMA Investing LLC now owns 13,000 shares of the business services provider’s stock worth $11,050,000 after purchasing an additional 12,946 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of ICF International by 1,156.9% in the first quarter. SG Americas Securities LLC now owns 13,864 shares of the business services provider’s stock worth $1,178,000 after purchasing an additional 12,761 shares during the last quarter. Finally, Tributary Capital Management LLC grew its holdings in shares of ICF International by 5.1% in the first quarter. Tributary Capital Management LLC now owns 222,711 shares of the business services provider’s stock worth $18,924,000 after purchasing an additional 10,848 shares during the last quarter. Institutional investors own 94.12% of the company’s stock.

ICF International Stock Performance

Shares of ICFI stock opened at $95.21 on Friday. The stock has a fifty day moving average of $91.42 and a 200 day moving average of $87.77. ICF International, Inc. has a 52 week low of $75.91 and a 52 week high of $179.67. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 16.56 and a beta of 0.51. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.47.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings results on Thursday, July 31st. The business services provider reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.03. ICF International had a return on equity of 14.50% and a net margin of 5.45%.The company had revenue of $476.16 million during the quarter, compared to analyst estimates of $482.84 million. During the same quarter last year, the firm posted $1.69 earnings per share. The firm’s revenue was down 7.2% on a year-over-year basis. ICF International has set its FY 2025 guidance at 7.450-7.450 EPS. As a group, research analysts expect that ICF International, Inc. will post 7.44 earnings per share for the current year.

ICF International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Friday, September 5th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.6%. ICF International’s dividend payout ratio (DPR) is presently 9.74%.

Analysts Set New Price Targets

Separately, Barrington Research raised their target price on shares of ICF International from $102.00 to $107.00 and gave the stock an “outperform” rating in a report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $128.20.

Insider Buying and Selling

In other news, Director Randall Mehl acquired 2,000 shares of the stock in a transaction on Monday, June 9th. The stock was acquired at an average price of $84.40 per share, with a total value of $168,800.00. Following the completion of the transaction, the director owned 17,754 shares of the company’s stock, valued at $1,498,437.60. This represents a 12.70% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.48% of the stock is owned by insiders.

ICF International Profile

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.