Korn/Ferry International (NYSE:KFY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Korn/Ferry International (NYSE:KFY) from a hold rating to a buy rating in a report released on Sunday morning.

A number of other equities analysts have also issued reports on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Wednesday, January 28th. The Goldman Sachs Group cut their target price on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a research report on Friday, November 21st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $78.67.

Korn/Ferry International Stock Up 0.4%

KFY opened at $62.44 on Friday. The stock’s 50 day moving average price is $65.70 and its 200 day moving average price is $68.06. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.14 and a quick ratio of 2.14. The stock has a market cap of $3.26 billion, a P/E ratio of 12.67 and a beta of 1.32. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $78.50.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings results on Tuesday, December 9th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.02. The company had revenue of $729.80 million during the quarter, compared to analysts’ expectations of $705.16 million. Korn/Ferry International had a return on equity of 14.53% and a net margin of 9.21%.The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.21 earnings per share. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. As a group, research analysts predict that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, December 19th were given a $0.48 dividend. The ex-dividend date was Friday, December 19th. This represents a $1.92 annualized dividend and a yield of 3.1%. Korn/Ferry International’s payout ratio is 38.95%.

Institutional Investors Weigh In On Korn/Ferry International

Several large investors have recently modified their holdings of the stock. Wellington Management Group LLP raised its position in shares of Korn/Ferry International by 48.3% during the third quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider’s stock worth $243,221,000 after purchasing an additional 1,132,473 shares during the period. Norges Bank purchased a new position in Korn/Ferry International in the 4th quarter worth about $43,163,000. Adage Capital Partners GP L.L.C. purchased a new position in Korn/Ferry International in the 2nd quarter worth about $32,559,000. Boston Partners acquired a new stake in Korn/Ferry International during the 4th quarter worth about $26,081,000. Finally, Tributary Capital Management LLC boosted its holdings in shares of Korn/Ferry International by 92.6% in the third quarter. Tributary Capital Management LLC now owns 611,224 shares of the business services provider’s stock worth $42,773,000 after buying an additional 293,789 shares during the period. 98.82% of the stock is owned by institutional investors.

About Korn/Ferry International

Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company’s core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.

Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.