Teacher Retirement System of Texas Buys 67,357 Shares of Korn/Ferry International $KFY

Teacher Retirement System of Texas raised its stake in Korn/Ferry International (NYSE:KFY) by 246.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 94,637 shares of the business services provider’s stock after purchasing an additional 67,357 shares during the quarter. Teacher Retirement System of Texas owned 0.18% of Korn/Ferry International worth $6,623,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Covestor Ltd raised its holdings in Korn/Ferry International by 25.6% during the 3rd quarter. Covestor Ltd now owns 2,951 shares of the business services provider’s stock valued at $207,000 after buying an additional 601 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of Korn/Ferry International by 105.8% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 27,721 shares of the business services provider’s stock valued at $1,940,000 after acquiring an additional 14,249 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Korn/Ferry International by 3.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,270 shares of the business services provider’s stock worth $513,000 after purchasing an additional 229 shares during the last quarter. Amalgamated Bank increased its holdings in Korn/Ferry International by 3.1% during the 3rd quarter. Amalgamated Bank now owns 15,156 shares of the business services provider’s stock valued at $1,061,000 after purchasing an additional 453 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new position in Korn/Ferry International during the 3rd quarter valued at approximately $228,000. Institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Trading Up 0.1%

Shares of NYSE KFY opened at $68.08 on Tuesday. The stock has a market cap of $3.55 billion, a P/E ratio of 13.81 and a beta of 1.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.14 and a quick ratio of 2.14. Korn/Ferry International has a 1 year low of $59.23 and a 1 year high of $78.50. The firm has a 50-day moving average of $66.91 and a 200 day moving average of $69.56.

Korn/Ferry International (NYSE:KFY) last released its 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. The firm had revenue of $729.80 million during the quarter, compared to analyst estimates of $705.16 million. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. The business’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the business earned $1.21 earnings per share. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. As a group, sell-side analysts expect that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, December 19th were paid a $0.48 dividend. The ex-dividend date was Friday, December 19th. This represents a $1.92 dividend on an annualized basis and a yield of 2.8%. Korn/Ferry International’s payout ratio is presently 38.95%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on KFY shares. Wall Street Zen upgraded shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. The Goldman Sachs Group cut their target price on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Friday, October 31st. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $78.67.

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.