Callan Family Office LLC Makes New Investment in Kforce Inc. $KFRC

Callan Family Office LLC purchased a new stake in shares of Kforce Inc. (NASDAQ:KFRCFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 31,288 shares of the business services provider’s stock, valued at approximately $1,468,000.

A number of other hedge funds have also recently modified their holdings of KFRC. Allworth Financial LP purchased a new position in shares of Kforce during the second quarter worth approximately $33,000. Global Retirement Partners LLC purchased a new position in Kforce during the second quarter valued at approximately $34,000. Parallel Advisors LLC raised its stake in Kforce by 427.2% in the fourth quarter. Parallel Advisors LLC now owns 854 shares of the business services provider’s stock worth $26,000 after buying an additional 692 shares in the last quarter. Kestra Advisory Services LLC bought a new position in Kforce in the fourth quarter worth approximately $31,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Kforce by 44.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,313 shares of the business services provider’s stock worth $41,000 after buying an additional 403 shares during the period. Institutional investors own 92.77% of the company’s stock.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on KFRC

Kforce Stock Performance

Shares of KFRC stock opened at $58.34 on Monday. The business’s fifty day simple moving average is $54.22 and its 200-day simple moving average is $41.42. The company has a market cap of $1.04 billion, a PE ratio of 21.77 and a beta of 0.85. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16. Kforce Inc. has a 12-month low of $24.49 and a 12-month high of $61.68.

Kforce (NASDAQ:KFRCGet Free Report) last issued its quarterly earnings data on Monday, July 27th. The business services provider reported $0.73 EPS for the quarter, beating the consensus estimate of $0.70 by $0.03. The firm had revenue of $349.33 million during the quarter, compared to analyst estimates of $348.11 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.59 EPS. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. Analysts expect that Kforce Inc. will post 2.7 earnings per share for the current fiscal year.

Kforce Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a $0.40 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.60 dividend on an annualized basis and a yield of 2.7%. Kforce’s dividend payout ratio (DPR) is 75.47%.

About Kforce

(Free Report)

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.

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Institutional Ownership by Quarter for Kforce (NASDAQ:KFRC)

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