Korn/Ferry International $KFY Position Lifted by Vest Financial LLC

Vest Financial LLC raised its position in Korn/Ferry International (NYSE:KFY) by 89.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,870 shares of the business services provider’s stock after purchasing an additional 24,028 shares during the period. Vest Financial LLC’s holdings in Korn/Ferry International were worth $3,642,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in Korn/Ferry International by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 3,003,385 shares of the business services provider’s stock worth $189,065,000 after purchasing an additional 122,669 shares during the period. Pzena Investment Management LLC grew its holdings in shares of Korn/Ferry International by 0.7% in the 1st quarter. Pzena Investment Management LLC now owns 797,438 shares of the business services provider’s stock valued at $50,199,000 after buying an additional 5,573 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Korn/Ferry International in the 2nd quarter valued at $43,812,000. Neumeier Poma Investment Counsel LLC acquired a new position in shares of Korn/Ferry International in the 2nd quarter valued at $26,722,682. Finally, Principal Financial Group Inc. increased its position in shares of Korn/Ferry International by 10.1% in the 1st quarter. Principal Financial Group Inc. now owns 328,723 shares of the business services provider’s stock valued at $20,693,000 after buying an additional 30,163 shares in the last quarter. 98.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on KFY. UBS Group raised their price objective on Korn/Ferry International from $75.00 to $82.00 and gave the stock a “neutral” rating in a research note on Thursday, September 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Korn/Ferry International in a report on Friday, September 18th. Finally, Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Four 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, Korn/Ferry International presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.25.

Korn/Ferry International Price Performance

Shares of NYSE KFY opened at $78.34 on Friday. The firm has a market cap of $4.27 billion, a PE ratio of 14.78 and a beta of 1.25. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $87.51. The company has a fifty day moving average price of $77.61 and a 200 day moving average price of $73.73.

Korn/Ferry International (NYSE:KFY) last released its earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. Korn/Ferry International had a return on equity of 14.43% and a net margin of 9.36%. The firm had revenue of $764.62 million during the quarter, compared to analysts’ expectations of $737.66 million. During the same quarter in the prior year, the company earned $1.26 EPS. The company’s revenue was up 6.9% on a year-over-year basis. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. Research analysts predict that Korn/Ferry International will post 5.63 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 22nd were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 22nd. Korn/Ferry International’s dividend payout ratio is currently 41.51%.

Korn/Ferry International Profile

Korn Ferry is a global organizational consulting firm that helps companies and other institutions align their people, strategy and operations. Its services are designed to support organizations across the employee lifecycle, from attracting and selecting talent to developing leaders, improving performance and managing organizational change.

The company’s principal offerings include executive search and professional recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, executive coaching, compensation and rewards consulting, and broader organizational strategy.