ASGN Incorporated (ASGN)

In the past six months, ASGN's stock experienced notable movements, including a share price decline of 42% since the beginning of the year and 48% in the last 12 months. ASGN reported its third-quarter 2025 earnings on October 22, 2025, with revenues of $1.01 billion and EPS of $1.31, exceeding analyst estimates, though Q4 revenue guidance was slightly below expectations. Analyst ratings for ASGN have been mixed, with several firms adjusting their price objectives and ratings. Institutional investors have actively modified their holdings, and ASGN repurchased approximately 0.9 million shares for $46.0 million in Q3 2025.

While specific detailed information on ASGN's demand seasonality is not explicitly provided, the nature of its business suggests that demand can be influenced by broader economic cycles and client project timelines. IT spending levels remained steady quarter-to-quarter, with strong quarterly bookings reflecting substantial demand. Commercial consulting bookings showed a healthy book-to-bill ratio, indicating consistent demand, while federal government new contract awards also had a book-to-bill ratio of 1.0 to 1. However, assignment revenues in the Commercial Segment experienced a 13.2% year-over-year decrease in Q3 2025, reflecting some softness.

ASGN Incorporated provides IT services and professional solutions across commercial and government sectors, specializing in technology, digital, and creative fields. The company's business revolves around IT consulting, professional staffing, and digital marketing services, serving industries such as financial services, healthcare, technology, and government agencies. ASGN operates through two primary segments: Commercial and Federal Government, with key brands including Apex Systems, Creative Circle, CyberCoders, and ECS.

ASGN Incorporated has a significant presence across North America, with numerous branch offices and delivery centers in the United States and Canada. The company also extends its operations to Europe and India, and its headquarters are located in Glen Allen, Virginia, U.S.

ASGN has maintained an outstanding reputation for excellence over the past 37 years, particularly in its six key industry verticals. The company's brand and reputation are also linked to its public commitments to various corporate ESG initiatives. In 2023, ASGN made significant strides in its ESG reporting and data collection efforts, submitting near-term emissions reduction targets by 2030 and a net-zero target by 2050 to the Science Based Targets initiative (SBTi). A notable positive event for ASGN's reputation in the past year was its brand ECS being named the #1 managed service provider (MSP) for the sixth consecutive year on Channel E2E's Top 100 Vertical Market MSPs list in June 2025.

Institutional investors hold a substantial portion of ASGN's stock, owning 95.36% of the company. Recent changes in institutional holdings include GAMMA Investing LLC increasing its stake by 662.8% and Entropy Technologies LP by 105.5% during the first quarter. Reinhart Partners LLC grew its holdings by 53.1% in the second quarter, and Kennedy Capital Management LLC increased its holdings by 1.7%. Russell Investments Group Ltd. also grew its holdings by 3.1% in the first quarter.