401,362 Shares in Korn/Ferry International $KFY Acquired by Neumeier Poma Investment Counsel LLC

Neumeier Poma Investment Counsel LLC bought a new position in Korn/Ferry International (NYSE:KFY) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 401,362 shares of the business services provider’s stock, valued at approximately $26,722,682,000. Korn/Ferry International makes up approximately 1.8% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 28th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. IFP Advisors Inc lifted its holdings 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 worth $33,000 after acquiring an additional 206 shares during the last quarter. Kestra Investment Management LLC grew its holdings in shares of 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 valued at $42,000 after purchasing an additional 242 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Korn/Ferry International by 200.0% during 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. Clearstead Advisors LLC raised its position in Korn/Ferry International by 30,350.0% in the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after purchasing an additional 607 shares during the period. Finally, Torren Management LLC purchased a new position in Korn/Ferry International in the 4th quarter worth $52,000. 98.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

KFY has been the subject of several analyst reports. Weiss Ratings upgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Truist Financial lifted their price objective on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Robert W. Baird boosted their target price on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday, June 24th. Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Finally, UBS Group raised their price target on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $78.50.

Korn/Ferry International Stock Up 0.1%

Shares of NYSE KFY opened at $85.17 on Monday. The firm’s fifty day moving average is $77.13 and its 200 day moving average is $69.36. Korn/Ferry International has a 52 week low of $58.95 and a 52 week high of $85.97. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.20. The company has a market cap of $4.37 billion, a price-to-earnings ratio of 16.25 and a beta of 1.19.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.03. The business had revenue of $768.26 million during the quarter, compared to analysts’ expectations of $743.35 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.32 EPS. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. On average, equities research analysts expect that Korn/Ferry International will post 5.75 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Monday, July 6th were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, July 6th. Korn/Ferry International’s dividend payout ratio is currently 41.98%.

Korn/Ferry International Company 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.