Korn/Ferry International $KFY Shares Bought by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P raised its holdings in shares of Korn/Ferry International (NYSE:KFY) by 0.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 416,075 shares of the business services provider’s stock after buying an additional 974 shares during the quarter. Loomis Sayles & Co. L P owned about 0.80% of Korn/Ferry International worth $30,511,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Century Companies Inc. boosted its position 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 acquiring an additional 849,180 shares during the last quarter. Norges Bank purchased a new position in Korn/Ferry International in the 2nd quarter worth approximately $46,024,000. New Vernon Capital Holdings II LLC boosted its holdings in shares of 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 purchasing an additional 252,979 shares during the last quarter. Nuveen LLC acquired a new position in shares of Korn/Ferry International during the 1st quarter worth approximately $14,473,000. Finally, MetLife Investment Management LLC grew its position in shares of Korn/Ferry International by 614.3% in the first quarter. MetLife Investment Management LLC now owns 223,667 shares of the business services provider’s stock valued at $15,171,000 after purchasing an additional 192,355 shares in the last quarter. 98.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on KFY shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Friday, October 31st. The Goldman Sachs Group cut their target price on 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $78.67.

Korn/Ferry International Trading Up 0.5%

KFY opened at $65.77 on Friday. The stock has a market capitalization of $3.45 billion, a PE ratio of 13.96 and a beta of 1.49. Korn/Ferry International has a one year low of $59.23 and a one year high of $79.17. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.21 and a current ratio of 2.21. The business’s 50 day moving average price is $67.78 and its 200 day moving average price is $70.43.

Korn/Ferry International (NYSE:KFY) last posted its earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.07. Korn/Ferry International had a return on equity of 14.55% and a net margin of 8.95%.The company had revenue of $708.61 million during the quarter, compared to analysts’ expectations of $688.72 million. During the same quarter last year, the firm earned $1.17 earnings per share. The firm’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 research analysts expect that Korn/Ferry International will post 4.75 EPS for the current year.

Korn/Ferry International announced that its Board of Directors has authorized a share repurchase plan on Thursday, September 18th that authorizes the company to buyback $331.40 million in shares. This buyback authorization authorizes the business services provider to repurchase up to 8.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Korn/Ferry International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th were given a $0.48 dividend. The ex-dividend date of this dividend was Friday, September 26th. This represents a $1.92 dividend on an annualized basis and a yield of 2.9%. Korn/Ferry International’s dividend payout ratio is presently 40.76%.

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.