Sei Investments Co. Boosts Stake in Kelly Services, Inc. $KELYA

Sei Investments Co. boosted its position in shares of Kelly Services, Inc. (NASDAQ:KELYA) by 90.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 94,916 shares of the business services provider’s stock after buying an additional 45,097 shares during the period. Sei Investments Co.’s holdings in Kelly Services were worth $840,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. State of Wyoming raised its holdings in shares of Kelly Services by 106.0% during the 1st quarter. State of Wyoming now owns 28,530 shares of the business services provider’s stock worth $252,000 after acquiring an additional 14,678 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Kelly Services by 80.3% in the first quarter. Cetera Investment Advisers now owns 19,127 shares of the business services provider’s stock valued at $169,000 after purchasing an additional 8,517 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Kelly Services by 32.0% in the first quarter. First Trust Advisors LP now owns 20,728 shares of the business services provider’s stock valued at $183,000 after purchasing an additional 5,028 shares in the last quarter. Crescent Grove Advisors LLC bought a new stake in Kelly Services in the first quarter worth $88,000. Finally, Allspring Global Investments Holdings LLC increased its position in Kelly Services by 11.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 21,006 shares of the business services provider’s stock worth $182,000 after purchasing an additional 2,156 shares during the last quarter. Hedge funds and other institutional investors own 76.34% of the company’s stock.

Analyst Upgrades and Downgrades

KELYA has been the topic of a number of recent research reports. Barrington Research upped their price target on shares of Kelly Services from $15.00 to $20.00 and gave the company an “outperform” rating in a research note on Monday. Weiss Ratings reissued a “sell (d-)” rating on shares of Kelly Services in a research note on Friday, August 7th. Finally, Zacks Research upgraded shares of Kelly Services from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $20.00.

Key Stories Impacting Kelly Services

Here are the key news stories impacting Kelly Services this week:

• Positive Sentiment: Analysts raised FY2026 EPS forecasts. Sidoti increased its estimate to $1.09 from $0.81, while Noble Financial raised its forecast to $1.21 from $1.16. Both estimates are at or above the roughly $1.10 consensus, suggesting improving confidence in Kelly Services’ profitability. Sidoti Predicts Kelly Services’ Q3 Earnings Noble Financial Forecasts Kelly Services Earnings
• Positive Sentiment: Kelly Engineering received prominent industry recognition. Everest Group named the division a Leader for the fifth consecutive year and a Star Performer for the third consecutive year. Kelly also retained its ranking as the fourth-largest engineering staffing firm in the U.S. The recognition supports the company’s positioning in high-growth areas such as semiconductors, data centers, advanced manufacturing, aerospace and life sciences, while highlighting investments in AI-enabled recruiting and project-based services. Kelly Engineering Named Leader and Star Performer
• Neutral Sentiment: Kelly Pediatric Therapy reported staffing pressures in schools. A survey of 255 school-based therapists found rising caseloads and administrative workloads that could threaten access to federally mandated student services. The findings underscore demand for workforce solutions, but the release did not provide new revenue, earnings or guidance for KELYA. Survey of School-Based Therapists
• Negative Sentiment: Revenue trends remain a consideration. Available company data indicates second-quarter revenue of approximately $1.0 billion, down 5.77% year over year, so the improved earnings outlook may reflect margin gains or operational improvements rather than broad-based sales growth.

Kelly Services Stock Performance

NASDAQ KELYA opened at $16.31 on Friday. The business’s 50 day moving average price is $13.69 and its 200-day moving average price is $11.10. Kelly Services, Inc. has a fifty-two week low of $7.98 and a fifty-two week high of $17.75. The company has a market cap of $565.47 million, a P/E ratio of -2.09, a P/E/G ratio of 1.08 and a beta of 0.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.50 and a current ratio of 1.50.

Kelly Services (NASDAQ:KELYA) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.19. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.01 billion. Kelly Services had a positive return on equity of 2.69% and a negative net margin of 6.73%.During the same period last year, the company earned $0.52 earnings per share. Sell-side analysts predict that Kelly Services, Inc. will post 1.1 earnings per share for the current year.

Kelly Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Wednesday, August 19th. Kelly Services’s dividend payout ratio (DPR) is -3.84%.

About Kelly Services

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.