Deutsche Bank AG Makes New Investment in ICF International, Inc. $ICFI

Deutsche Bank AG acquired a new stake in ICF International, Inc. (NASDAQ:ICFI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 27,374 shares of the business services provider’s stock, valued at approximately $1,994,000.

Other large investors have also modified their holdings of the company. Neumeier Poma Investment Counsel LLC raised its position in ICF International by 46.6% in the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock valued at $41,037,000 after purchasing an additional 152,905 shares during the last quarter. Geode Capital Management LLC grew its position in ICF International by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock worth $39,089,000 after purchasing an additional 2,535 shares during the last quarter. Systematic Financial Management LP grew its position in ICF International by 84.9% during the 1st quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock worth $14,138,000 after purchasing an additional 99,442 shares during the last quarter. Kennedy Capital Management LLC increased its stake in ICF International by 80.7% in the fourth quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider’s stock valued at $13,877,000 after purchasing an additional 72,664 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in ICF International in the second quarter valued at $7,330,000. 94.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

ICF International Stock Performance

NASDAQ:ICFI opened at $90.22 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 18.68 and a beta of 0.51. The firm’s fifty day moving average price is $81.00 and its 200 day moving average price is $74.32. ICF International, Inc. has a 1-year low of $58.83 and a 1-year high of $101.50.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings data 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 net margin of 4.86% and a return on equity of 11.53%. The company had revenue of $474.50 million during the quarter, compared to the consensus estimate of $478.30 million. During the same quarter in the prior year, the firm earned $1.66 EPS. ICF International’s quarterly revenue was down .3% on a year-over-year basis. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, sell-side analysts expect that ICF International, Inc. will post 7.06 EPS for the current year.

ICF International Dividend Announcement

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

ICF International declared that its Board of Directors has authorized a share buyback program on Thursday, June 25th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the business services provider to buy up to 8.1% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at ICF International

In related news, CEO John Wasson sold 12,411 shares of the firm’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $80.08, for a total value of $993,872.88. Following the completion of the sale, the chief executive officer owned 27,511 shares in the company, valued at $2,203,080.88. This trade represents a 31.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sergio J. Ostria sold 2,000 shares of ICF International stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $88.59, for a total value of $177,180.00. Following the completion of the sale, the executive vice president directly owned 24,467 shares in the company, valued at $2,167,531.53. This represents a 7.56% decrease in their position. The SEC filing for this sale provides additional information. 1.71% of the stock is owned by company insiders.

ICF International Company Profile

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.