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 Saturday.

KFY has been the subject of a number of other reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Korn/Ferry International in a report on Friday, October 31st. The Goldman Sachs Group cut their price objective on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a report on Friday, November 21st. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $78.67.

Korn/Ferry International Trading Down 0.2%

NYSE:KFY opened at $68.81 on Friday. The company has a market cap of $3.59 billion, a PE ratio of 13.96 and a beta of 1.33. The business’s 50 day moving average is $66.34 and its two-hundred day moving average is $69.99. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 52 week low of $59.23 and a 52 week high of $78.50.

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

Korn/Ferry International announced that its board has authorized a stock repurchase plan on Thursday, September 18th that authorizes the company to repurchase $331.40 million in shares. This repurchase authorization authorizes the business services provider to reacquire up to 8.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Korn/Ferry International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, December 19th will be paid a $0.48 dividend. The ex-dividend date is Friday, December 19th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.8%. Korn/Ferry International’s dividend payout ratio (DPR) is 38.95%.

Institutional Trading of Korn/Ferry International

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Kestra Investment Management LLC boosted its position in shares of Korn/Ferry International by 71.8% during the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after purchasing an additional 242 shares in the last quarter. Canada Pension Plan Investment Board grew 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 period. Federated Hermes Inc. increased its stake in Korn/Ferry International by 160.4% during the 3rd quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock worth $46,000 after purchasing an additional 409 shares in the last quarter. Danske Bank A S acquired a new stake in Korn/Ferry International during the 3rd quarter worth approximately $56,000. Finally, CX Institutional lifted 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 in the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

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.