Korn/Ferry International (NYSE:KFY) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen downgraded shares of Korn/Ferry International (NYSE:KFY) from a buy rating to a hold rating in a research note released on Saturday morning.

KFY has been the subject of several other reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a report on Wednesday, January 28th. 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 report on Friday, November 21st. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.67.

Korn/Ferry International Stock Performance

Korn/Ferry International stock opened at $62.18 on Friday. The company has a market cap of $3.25 billion, a PE ratio of 12.61 and a beta of 1.35. The company has a fifty day moving average price of $66.66 and a two-hundred day moving average price of $68.60. 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 12 month low of $59.23 and a 12 month high of $78.50.

Korn/Ferry International (NYSE:KFY) last issued its earnings results on Tuesday, December 9th. The business services provider reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.02. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. The company had revenue of $729.80 million for the quarter, compared to analysts’ expectations of $705.16 million. During the same period in the prior year, the company earned $1.21 earnings per share. The firm’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. Research analysts expect that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of 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 increased its stake in Korn/Ferry International by 48.3% during the 3rd quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider’s stock valued at $243,221,000 after buying an additional 1,132,473 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Korn/Ferry International by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,880,716 shares of the business services provider’s stock worth $190,188,000 after buying an additional 37,499 shares in the last quarter. State Street Corp lifted its stake in shares of Korn/Ferry International by 1.6% in the 4th 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 period. Finally, American Century Companies Inc. boosted 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 acquiring an additional 65,819 shares in the last quarter. Institutional investors own 98.82% of the company’s stock.

About Korn/Ferry International

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.