Kingsview Wealth Management LLC Purchases Shares of 46,211 Korn/Ferry International $KFY

Kingsview Wealth Management LLC acquired a new position in shares of Korn/Ferry International (NYSE:KFY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 46,211 shares of the business services provider’s stock, valued at approximately $3,234,000. Kingsview Wealth Management LLC owned about 0.09% of Korn/Ferry International at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada increased its position in Korn/Ferry International by 22.7% during the 1st quarter. Royal Bank of Canada now owns 11,413 shares of the business services provider’s stock valued at $775,000 after purchasing an additional 2,112 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Korn/Ferry International by 3.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock worth $2,073,000 after buying an additional 1,009 shares during the last quarter. Millennium Management LLC lifted its holdings in Korn/Ferry International by 566.9% in the first quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock valued at $8,464,000 after buying an additional 106,076 shares during the period. United Services Automobile Association bought a new stake in Korn/Ferry International during the first quarter valued at $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Korn/Ferry International by 6.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 172,556 shares of the business services provider’s stock worth $11,704,000 after acquiring an additional 11,020 shares during the period. 98.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on KFY shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Wednesday, January 28th. Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday. Finally, The Goldman Sachs Group lowered their price objective on shares of 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. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Korn/Ferry International presently has an average rating of “Moderate Buy” and an average price target of $78.67.

Korn/Ferry International Trading Up 1.2%

NYSE:KFY opened at $63.23 on Thursday. The firm has a market capitalization of $3.30 billion, a P/E ratio of 12.83 and a beta of 1.32. 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 one year low of $58.95 and a one year high of $78.50. The company’s 50-day simple moving average is $65.63 and its 200 day simple moving average is $68.03.

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, analysts forecast that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, December 19th were issued a dividend of $0.48 per share. The ex-dividend date was Friday, December 19th. This represents a $1.92 annualized dividend and a dividend yield of 3.0%. Korn/Ferry International’s dividend payout ratio (DPR) is presently 38.95%.

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.