William Blair Investment Management LLC Decreases Stock Holdings in Korn/Ferry International $KFY

William Blair Investment Management LLC reduced its stake in shares of Korn/Ferry International (NYSE:KFY) by 7.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 421,760 shares of the business services provider’s stock after selling 34,013 shares during the quarter. William Blair Investment Management LLC owned approximately 0.82% of Korn/Ferry International worth $30,928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new stake in Korn/Ferry International in the first quarter valued at about $62,000. CX Institutional raised its stake in Korn/Ferry International by 45.4% in the second quarter. CX Institutional now owns 839 shares of the business services provider’s stock valued at $62,000 after buying an additional 262 shares during the last quarter. Blue Trust Inc. raised its stake in 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 buying an additional 163 shares during the last quarter. Quarry LP raised its stake in Korn/Ferry International by 193.6% in the first quarter. Quarry LP now owns 1,518 shares of the business services provider’s stock valued at $103,000 after buying an additional 1,001 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in Korn/Ferry International in the first quarter valued at about $105,000. 98.82% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

KFY has been the subject of a number of research analyst reports. Wall Street Zen cut Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Korn/Ferry International in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Korn/Ferry International has a consensus rating of “Moderate Buy” and a consensus target price of $81.00.

Korn/Ferry International Stock Up 0.1%

Shares of KFY stock opened at $68.32 on Friday. The stock’s 50-day simple moving average is $72.19 and its 200-day simple moving average is $69.70. 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 capitalization of $3.58 billion, a PE ratio of 14.51 and a beta of 1.47. Korn/Ferry International has a fifty-two week low of $59.23 and a fifty-two week high of $80.64.

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

Korn/Ferry International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Friday, September 26th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Friday, September 26th. Korn/Ferry International’s dividend payout ratio (DPR) is 40.76%.

Korn/Ferry International announced that its board has approved a stock repurchase program on Thursday, September 18th that authorizes the company to buyback $331.40 million in outstanding shares. This buyback authorization authorizes the business services provider to purchase up to 8.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Korn/Ferry International Company 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.