Hillsdale Investment Management Inc. Raises Stake in Korn/Ferry International $KFY

Hillsdale Investment Management Inc. grew its stake in Korn/Ferry International (NYSE:KFY) by 36.7% in the second quarter, Holdings Channel reports. The fund owned 78,180 shares of the business services provider’s stock after purchasing an additional 20,990 shares during the period. Hillsdale Investment Management Inc.’s holdings in Korn/Ferry International were worth $5,733,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of KFY. Blue Trust Inc. grew its holdings in shares of Korn/Ferry International by 21.1% in the second quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock valued at $69,000 after purchasing an additional 163 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in Korn/Ferry International by 3.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 5,648 shares of the business services provider’s stock valued at $414,000 after purchasing an additional 165 shares during the last quarter. Savant Capital LLC boosted its holdings in Korn/Ferry International by 5.2% in the 2nd quarter. Savant Capital LLC now owns 3,312 shares of the business services provider’s stock valued at $243,000 after purchasing an additional 165 shares during the last quarter. AMG National Trust Bank grew its stake in shares of Korn/Ferry International by 0.9% in the 2nd quarter. AMG National Trust Bank now owns 23,351 shares of the business services provider’s stock valued at $1,712,000 after buying an additional 205 shares during the period. Finally, Verdence Capital Advisors LLC grew its stake in shares of Korn/Ferry International by 2.8% in the 2nd quarter. Verdence Capital Advisors LLC now owns 8,296 shares of the business services provider’s stock valued at $608,000 after buying an additional 225 shares during the period. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Stock Performance

Shares of KFY stock opened at $64.90 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.21 and a current ratio of 2.21. The firm has a market cap of $3.40 billion, a P/E ratio of 13.78 and a beta of 1.49. The firm’s 50 day moving average price is $68.52 and its 200-day moving average price is $70.42. Korn/Ferry International has a one year low of $59.23 and a one year high of $80.49.

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

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors 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 dividend payout ratio is presently 40.76%.

Korn/Ferry International declared that its board has authorized a stock repurchase plan 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 shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Friday, October 31st. The Goldman Sachs Group reduced their target price on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Korn/Ferry International has a consensus rating of “Moderate Buy” and a consensus price target of $78.67.

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.