Versor Investments LP Buys New Position in Kelly Services, Inc. $KELYA

Versor Investments LP purchased a new position in Kelly Services, Inc. (NASDAQ:KELYA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,800 shares of the business services provider’s stock, valued at approximately $150,000.

Other large investors have also added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd raised its holdings in Kelly Services by 181.4% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 70,928 shares of the business services provider’s stock worth $831,000 after purchasing an additional 45,722 shares in the last quarter. CWM LLC boosted its stake in shares of Kelly Services by 22.4% during the 2nd quarter. CWM LLC now owns 62,103 shares of the business services provider’s stock valued at $727,000 after purchasing an additional 11,366 shares in the last quarter. Blair William & Co. IL increased its position in shares of Kelly Services by 27.2% during the second quarter. Blair William & Co. IL now owns 16,331 shares of the business services provider’s stock valued at $191,000 after buying an additional 3,489 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Kelly Services during the second quarter valued at about $159,000. Finally, Strs Ohio bought a new position in Kelly Services in the first quarter worth about $514,000. Institutional investors own 76.34% of the company’s stock.

Analysts Set New Price Targets

KELYA has been the topic of several research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kelly Services in a research report on Wednesday, October 8th. Barrington Research restated an “outperform” rating and issued a $25.00 target price on shares of Kelly Services in a research note on Tuesday, September 23rd. UBS Group reaffirmed an “outperform” rating on shares of Kelly Services in a research note on Friday, September 12th. Finally, Wall Street Zen downgraded Kelly Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 25th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $25.00.

Kelly Services Price Performance

KELYA stock opened at $9.63 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.52 and a current ratio of 1.52. The firm has a 50 day moving average price of $12.77 and a 200-day moving average price of $12.55. Kelly Services, Inc. has a 52-week low of $9.17 and a 52-week high of $18.26. The firm has a market capitalization of $339.48 million, a price-to-earnings ratio of -48.15, a PEG ratio of 0.41 and a beta of 0.86.

Kelly Services (NASDAQ:KELYA) last posted its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24). The company had revenue of $935.00 million for the quarter, compared to the consensus estimate of $972.80 million. Kelly Services had a negative net margin of 0.14% and a positive return on equity of 5.65%. Kelly Services has set its Q4 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts forecast that Kelly Services, Inc. will post 2.45 EPS for the current fiscal year.

Kelly Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 19th will be issued a dividend of $0.075 per share. The ex-dividend date is Wednesday, November 19th. This represents a $0.30 annualized dividend and a dividend yield of 3.1%. Kelly Services’s dividend payout ratio (DPR) is presently -6.70%.

Insider Activity

In other Kelly Services news, SVP Nicola M. Soares sold 27,412 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $13.43, for a total transaction of $368,143.16. Following the completion of the sale, the senior vice president directly owned 40,134 shares in the company, valued at approximately $538,999.62. This trade represents a 40.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Daniel H. Malan sold 10,000 shares of Kelly Services stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $14.24, for a total transaction of $142,400.00. Following the completion of the transaction, the senior vice president directly owned 95,281 shares of the company’s stock, valued at $1,356,801.44. This trade represents a 9.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 52,902 shares of company stock valued at $721,526. 48.09% of the stock is owned by insiders.

Kelly Services Company Profile

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.