Quantinno Capital Management LP increased its stake in Korn/Ferry International (NYSE:KFY – Free Report) by 657.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,616 shares of the business services provider’s stock after acquiring an additional 58,690 shares during the period. Quantinno Capital Management LP owned approximately 0.13% of Korn/Ferry International worth $4,256,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. IFP Advisors Inc boosted its stake in shares of Korn/Ferry International by 69.4% in the 4th quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock valued at $33,000 after buying an additional 206 shares during the period. Clearstead Advisors LLC lifted its stake in Korn/Ferry International by 30,350.0% in the fourth quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after acquiring an additional 607 shares during the last quarter. Kestra Investment Management LLC grew its holdings in Korn/Ferry International by 71.8% during the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after acquiring an additional 242 shares in the last quarter. Canada Pension Plan Investment Board increased its position in shares of Korn/Ferry International by 200.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 400 shares during the last quarter. Finally, Torren Management LLC acquired a new stake in shares of Korn/Ferry International in the 4th quarter valued at $52,000. Hedge funds and other institutional investors own 98.82% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts recently commented on KFY shares. UBS Group increased their target price on Korn/Ferry International from $70.00 to $75.00 and gave the company a “neutral” rating in a report on Wednesday, June 24th. Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Truist Financial raised their target price on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Finally, Robert W. Baird upped their price target on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, June 24th. Four investment 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 currently has a consensus rating of “Moderate Buy” and an average price target of $78.50.
Korn/Ferry International Stock Up 1.8%
Shares of NYSE KFY opened at $84.12 on Friday. The stock has a market cap of $4.28 billion, a PE ratio of 16.05 and a beta of 1.19. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 52-week low of $58.95 and a 52-week high of $85.69. The business has a 50-day moving average price of $74.79 and a 200 day moving average price of $68.23.
Korn/Ferry International (NYSE:KFY – Get Free Report) last released its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.03. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The firm had revenue of $768.26 million for the quarter, compared to the consensus estimate of $743.35 million. During the same quarter last year, the business posted $1.32 EPS. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Equities research analysts forecast that Korn/Ferry International will post 5.75 earnings per share for the current year.
Korn/Ferry International Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Monday, July 6th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, July 6th. Korn/Ferry International’s payout ratio is presently 41.98%.
Korn/Ferry International Profile
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.
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