Korn/Ferry International $KFY Shares Acquired by LSV Asset Management

LSV Asset Management boosted its position in Korn/Ferry International (NYSE:KFY) by 206.1% in the third quarter, HoldingsChannel.com reports. The firm owned 13,961 shares of the business services provider’s stock after purchasing an additional 9,400 shares during the quarter. LSV Asset Management’s holdings in Korn/Ferry International were worth $977,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. American Century Companies Inc. lifted its holdings in shares of Korn/Ferry International by 3.7% in the second quarter. American Century Companies Inc. now owns 1,868,280 shares of the business services provider’s stock valued at $137,001,000 after buying an additional 65,819 shares during the period. Jennison Associates LLC lifted its holdings in Korn/Ferry International by 2.5% in the 2nd quarter. Jennison Associates LLC now owns 1,094,115 shares of the business services provider’s stock valued at $80,231,000 after acquiring an additional 27,203 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Korn/Ferry International by 7.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 836,362 shares of the business services provider’s stock valued at $58,529,000 after purchasing an additional 56,647 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Korn/Ferry International by 1.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 729,663 shares of the business services provider’s stock worth $53,505,000 after purchasing an additional 8,637 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Korn/Ferry International by 68.4% in the 2nd quarter. Bank of America Corp DE now owns 665,145 shares of the business services provider’s stock worth $48,775,000 after purchasing an additional 270,256 shares during the last quarter. 98.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

KFY has been the subject of a number of research reports. 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 reduced their price objective on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a research note on Friday, November 21st. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Wednesday, January 28th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $78.67.

Korn/Ferry International Trading Up 1.9%

Korn/Ferry International stock opened at $61.32 on Tuesday. Korn/Ferry International has a 52 week low of $59.23 and a 52 week high of $78.50. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.14 and a current ratio of 2.14. The firm has a market capitalization of $3.20 billion, a price-to-earnings ratio of 12.44 and a beta of 1.35. The company has a 50 day moving average price of $67.15 and a 200 day moving average price of $68.80.

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 analysts’ consensus estimates 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 company had revenue of $729.80 million during the quarter, compared to analyst estimates of $705.16 million. During the same quarter in the prior year, the company earned $1.21 earnings per share. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. Research analysts forecast that Korn/Ferry International will post 4.75 EPS for the current year.

Korn/Ferry International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, December 19th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Friday, December 19th. Korn/Ferry International’s payout ratio is 38.95%.

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.