Neumeier Poma Investment Counsel LLC Sells 4,915 Shares of Korn/Ferry International $KFY

Neumeier Poma Investment Counsel LLC lessened its stake in shares of Korn/Ferry International (NYSE:KFY) by 1.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 315,685 shares of the business services provider’s stock after selling 4,915 shares during the quarter. Korn/Ferry International comprises 2.2% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 24th largest holding. Neumeier Poma Investment Counsel LLC’s holdings in Korn/Ferry International were worth $23,149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Jane Street Group LLC grew its stake in Korn/Ferry International by 1,385.2% during the first quarter. Jane Street Group LLC now owns 202,461 shares of the business services provider’s stock valued at $13,733,000 after acquiring an additional 188,829 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Korn/Ferry International by 29.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,041 shares of the business services provider’s stock worth $521,000 after purchasing an additional 1,587 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Korn/Ferry International by 7.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,487,048 shares of the business services provider’s stock worth $109,908,000 after purchasing an additional 98,548 shares in the last quarter. Pzena Investment Management LLC boosted its holdings in Korn/Ferry International by 6.6% in the 2nd quarter. Pzena Investment Management LLC now owns 818,329 shares of the business services provider’s stock valued at $60,008,000 after purchasing an additional 50,371 shares during the period. Finally, GSA Capital Partners LLP purchased a new position in shares of Korn/Ferry International during the 1st quarter valued at $732,000. 98.82% of the stock is currently owned by institutional investors.

Korn/Ferry International Trading Up 0.2%

Shares of KFY opened at $63.65 on Wednesday. Korn/Ferry International has a 1-year low of $59.23 and a 1-year high of $80.49. The company has a market capitalization of $3.33 billion, a P/E ratio of 13.51 and a beta of 1.49. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.21 and a quick ratio of 2.21. The firm’s 50 day simple moving average is $69.11 and its 200 day simple moving average is $70.52.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings results on Tuesday, September 9th. The business services provider reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.07. The firm had revenue of $708.61 million for the quarter, compared to analyst estimates of $688.72 million. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.17 EPS. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. Sell-side analysts forecast that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a $1.92 annualized dividend and a yield of 3.0%. Korn/Ferry International’s payout ratio is 40.76%.

Korn/Ferry International declared that its board has initiated a share repurchase program on Thursday, September 18th that permits the company to repurchase $331.40 million in shares. This repurchase authorization permits the business services provider to repurchase up to 8.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a report on Friday, October 31st. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $81.00.

Korn/Ferry International Profile

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.