Neumeier Poma Investment Counsel LLC Invests $26.72 Million in Korn/Ferry International $KFY

Neumeier Poma Investment Counsel LLC acquired a new stake in shares of Korn/Ferry International (NYSE:KFY) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 401,362 shares of the business services provider’s stock, valued at approximately $26,722,682. Korn/Ferry International accounts for 0.0% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 28th largest position. Neumeier Poma Investment Counsel LLC owned about 0.78% of Korn/Ferry International at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Korn/Ferry International by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 6,159,477 shares of the business services provider’s stock valued at $406,649,000 after purchasing an additional 44,425 shares in the last quarter. Wellington Management Group LLP boosted its stake in 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 acquiring an additional 1,132,473 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Korn/Ferry International by 4.3% during the first quarter. Dimensional Fund Advisors LP now owns 3,003,385 shares of the business services provider’s stock valued at $189,065,000 after acquiring an additional 122,669 shares during the last quarter. State Street Corp boosted its position in shares of Korn/Ferry International by 1.6% during the fourth quarter. State Street Corp now owns 2,000,452 shares of the business services provider’s stock worth $132,933,000 after acquiring an additional 31,175 shares during the last quarter. Finally, Invesco Ltd. grew its position in Korn/Ferry International by 1.1% in the 3rd quarter. Invesco Ltd. now owns 1,493,922 shares of the business services provider’s stock valued at $104,545,000 after acquiring an additional 16,519 shares during the last quarter. 98.82% of the stock is currently owned by institutional investors.

Korn/Ferry International Trading Up 2.8%

Shares of KFY traded up $2.33 during midday trading on Friday, hitting $86.98. The stock had a trading volume of 248,195 shares, compared to its average volume of 509,217. The firm has a market cap of $4.47 billion, a PE ratio of 16.60 and a beta of 1.19. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $87.51. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 1.94. The stock’s 50 day moving average is $78.15 and its 200 day moving average is $69.84.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. The firm had revenue of $768.26 million for the quarter, compared to analyst estimates of $743.35 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. Korn/Ferry International’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period last year, the company posted $1.32 EPS. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. As a group, analysts forecast that Korn/Ferry International will post 5.75 EPS for the current fiscal 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 given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, July 6th. Korn/Ferry International’s dividend payout ratio (DPR) is 41.98%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Truist Financial raised their target price on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. UBS Group raised 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 upgraded Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Finally, Robert W. Baird raised their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a research report on Wednesday, June 24th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $78.50.

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.