Circumference Group LLC Boosts Holdings in Korn/Ferry International $KFY

Circumference Group LLC increased its holdings in Korn/Ferry International (NYSE:KFY) by 22.3% during the first quarter, Holdings Channel reports. The firm owned 43,900 shares of the business services provider’s stock after acquiring an additional 8,000 shares during the quarter. Korn/Ferry International makes up 3.6% of Circumference Group LLC’s portfolio, making the stock its 16th biggest holding. Circumference Group LLC’s holdings in Korn/Ferry International were worth $2,978,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc lifted its holdings in Korn/Ferry International by 75.9% in the 1st quarter. Versant Capital Management Inc now owns 517 shares of the business services provider’s stock worth $35,000 after purchasing an additional 223 shares in the last quarter. CX Institutional bought a new stake in Korn/Ferry International in the 1st quarter worth approximately $39,000. Caitong International Asset Management Co. Ltd bought a new stake in Korn/Ferry International in the 1st quarter worth approximately $62,000. Quarry LP increased its stake in Korn/Ferry International by 193.6% in the 1st quarter. Quarry LP now owns 1,518 shares of the business services provider’s stock worth $103,000 after acquiring an additional 1,001 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in Korn/Ferry International in the 1st quarter worth approximately $105,000. 98.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on KFY. Wall Street Zen downgraded Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 9th. UBS Group cut their target price on Korn/Ferry International from $75.00 to $74.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 27th. Finally, Truist Financial boosted their target price on Korn/Ferry International from $80.00 to $88.00 and gave the company a “buy” rating in a research report on Friday, June 20th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Korn/Ferry International has an average rating of “Moderate Buy” and an average price target of $81.00.

Korn/Ferry International Price Performance

Shares of KFY stock opened at $73.61 on Thursday. Korn/Ferry International has a twelve month low of $59.23 and a twelve month high of $80.64. The stock has a market capitalization of $3.85 billion, a price-to-earnings ratio of 15.93 and a beta of 1.49. The stock has a fifty day simple moving average of $73.22 and a two-hundred day simple moving average of $68.60. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.21.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings data on Wednesday, June 18th. The business services provider reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.06. The firm had revenue of $712.05 million during the quarter, compared to analysts’ expectations of $690.07 million. Korn/Ferry International had a return on equity of 14.49% and a net margin of 8.91%.The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.26 EPS. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. On average, analysts predict that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd were issued a $0.48 dividend. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. Korn/Ferry International’s dividend payout ratio is currently 41.56%.

Korn/Ferry International Profile

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.