Korn/Ferry International $KFY Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lowered its stake in shares of Korn/Ferry International (NYSE:KFY) by 87.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,276 shares of the business services provider’s stock after selling 23,174 shares during the quarter. Quantbot Technologies LP’s holdings in Korn/Ferry International were worth $229,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in KFY. Kestra Investment Management LLC raised its stake in Korn/Ferry International by 71.8% during the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 242 shares during the last quarter. Canada Pension Plan Investment Board grew its stake 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 last quarter. Federated Hermes Inc. increased its holdings in shares of Korn/Ferry International by 160.4% in the third quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 409 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Korn/Ferry International by 84.1% in the second quarter. EverSource Wealth Advisors LLC now owns 854 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 390 shares during the period. Finally, Traub Capital Management LLC purchased a new stake in shares of Korn/Ferry International during the second quarter worth approximately $84,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Trading Down 0.4%

Shares of KFY stock opened at $62.36 on Thursday. The business’s fifty day moving average price is $65.29 and its 200 day moving average price is $67.66. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $78.50. The firm has a market capitalization of $3.25 billion, a PE ratio of 12.32 and a beta of 1.32. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.01 and a quick ratio of 2.14.

Korn/Ferry International (NYSE:KFY) last released its earnings results on Monday, March 9th. The business services provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. The company had revenue of $725.04 million during the quarter, compared to the consensus estimate of $692.45 million. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.Korn/Ferry International’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.19 earnings per share. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. As a group, sell-side analysts forecast that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 27th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 3.5%. This is a positive change from Korn/Ferry International’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 27th. Korn/Ferry International’s dividend payout ratio (DPR) is 43.48%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on KFY shares. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. The Goldman Sachs Group cut 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 report on Friday, November 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Wednesday, January 28th. Truist Financial lowered their target price on shares of Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, UBS Group dropped their price target on shares of Korn/Ferry International from $72.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $71.33.

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.