Kelly Services (NASDAQ:KELYA) SVP Nicola Soares Sells 27,412 Shares of Stock

Kelly Services, Inc. (NASDAQ:KELYA) SVP Nicola Soares sold 27,412 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $13.43, for a total transaction of $368,143.16. Following the transaction, the senior vice president owned 40,134 shares of the company’s stock, valued at $538,999.62. This trade represents a 40.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Kelly Services Price Performance

KELYA stock opened at $13.44 on Wednesday. Kelly Services, Inc. has a 52 week low of $10.80 and a 52 week high of $22.44. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.06. The company has a fifty day simple moving average of $13.57 and a two-hundred day simple moving average of $12.61. The firm has a market capitalization of $473.79 million, a P/E ratio of -67.20, a price-to-earnings-growth ratio of 0.49 and a beta of 0.89.

Kelly Services (NASDAQ:KELYA) last announced its earnings results on Thursday, August 7th. The business services provider reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. Kelly Services had a negative net margin of 0.14% and a positive return on equity of 5.65%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion. Kelly Services has set its Q3 2025 guidance at EPS. Analysts anticipate that Kelly Services, Inc. will post 2.45 earnings per share for the current fiscal year.

Kelly Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th were paid a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $0.30 annualized dividend and a dividend yield of 2.2%. Kelly Services’s dividend payout ratio is currently -150.00%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on KELYA shares. UBS Group reissued an “outperform” rating on shares of Kelly Services in a research note on Friday, September 12th. Wall Street Zen raised shares of Kelly Services from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 14th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $25.00 price target on shares of Kelly Services in a research note on Tuesday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $25.00.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Kelly Services by 4.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,786 shares of the business services provider’s stock valued at $248,000 after purchasing an additional 760 shares during the period. US Bancorp DE increased its position in Kelly Services by 8.1% during the 1st quarter. US Bancorp DE now owns 11,074 shares of the business services provider’s stock valued at $146,000 after purchasing an additional 833 shares during the period. Blair William & Co. IL increased its position in Kelly Services by 7.5% during the 1st quarter. Blair William & Co. IL now owns 12,842 shares of the business services provider’s stock valued at $169,000 after purchasing an additional 898 shares during the period. The Manufacturers Life Insurance Company increased its position in Kelly Services by 8.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,949 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 905 shares during the period. Finally, Man Group plc increased its position in Kelly Services by 6.6% during the 2nd quarter. Man Group plc now owns 24,780 shares of the business services provider’s stock valued at $290,000 after purchasing an additional 1,532 shares during the period. Hedge funds and other institutional investors own 76.34% of the company’s stock.

About Kelly Services

Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.