Versor Investments LP Makes New $228,000 Investment in Korn/Ferry International $KFY

Versor Investments LP purchased a new position in shares of Korn/Ferry International (NYSE:KFY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,112 shares of the business services provider’s stock, valued at approximately $228,000.

A number of other institutional investors have also made changes to their positions in KFY. American Century Companies Inc. boosted its holdings in Korn/Ferry International by 89.1% during the first quarter. American Century Companies Inc. now owns 1,802,461 shares of the business services provider’s stock worth $122,261,000 after purchasing an additional 849,180 shares during the last quarter. New Vernon Capital Holdings II LLC lifted its position in Korn/Ferry International by 11,876.9% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 255,109 shares of the business services provider’s stock worth $17,304,000 after buying an additional 252,979 shares in the last quarter. Nuveen LLC acquired a new position in shares of Korn/Ferry International during the 1st quarter worth about $14,473,000. MetLife Investment Management LLC boosted its stake in shares of Korn/Ferry International by 614.3% during the 1st quarter. MetLife Investment Management LLC now owns 223,667 shares of the business services provider’s stock worth $15,171,000 after buying an additional 192,355 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Korn/Ferry International by 1,385.2% in the 1st quarter. Jane Street Group LLC now owns 202,461 shares of the business services provider’s stock valued at $13,733,000 after acquiring an additional 188,829 shares in the last quarter. Institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Stock Performance

Shares of KFY opened at $64.87 on Friday. The company has a market cap of $3.40 billion, a PE ratio of 13.77 and a beta of 1.49. The firm has a 50-day moving average of $70.53 and a 200-day moving average of $70.23. Korn/Ferry International has a one year low of $59.23 and a one year high of $80.64. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.21 and a quick ratio of 2.21.

Korn/Ferry International (NYSE:KFY) last issued its earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.07. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The company had revenue of $708.61 million for the quarter, compared to analysts’ expectations of $688.72 million. During the same period in the prior year, the firm earned $1.17 EPS. Korn/Ferry International’s quarterly revenue was up 4.8% compared to the same quarter last year. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. As a group, equities analysts forecast that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International declared that its board has authorized a share repurchase program on Thursday, September 18th that allows the company to buyback $331.40 million in outstanding shares. This buyback authorization allows the business services provider to repurchase up to 8.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Korn/Ferry International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, September 26th. Korn/Ferry International’s payout ratio is currently 40.76%.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a report on Friday, October 31st. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $81.00.

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.