Quadrature Capital Ltd boosted its stake in shares of Korn/Ferry International (NYSE:KFY – Free Report) by 39.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 7,181 shares of the business services provider’s stock after purchasing an additional 2,046 shares during the quarter. Quadrature Capital Ltd’s holdings in Korn/Ferry International were worth $527,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of KFY. Blue Trust Inc. boosted its stake in shares of Korn/Ferry International by 21.1% in the second quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock worth $69,000 after buying an additional 163 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in Korn/Ferry International by 3.0% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,648 shares of the business services provider’s stock valued at $414,000 after acquiring an additional 165 shares during the period. Savant Capital LLC lifted its holdings in Korn/Ferry International by 5.2% in the second quarter. Savant Capital LLC now owns 3,312 shares of the business services provider’s stock valued at $243,000 after acquiring an additional 165 shares during the period. AMG National Trust Bank boosted its position in Korn/Ferry International by 0.9% in the 2nd quarter. AMG National Trust Bank now owns 23,351 shares of the business services provider’s stock worth $1,712,000 after purchasing an additional 205 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its stake in shares of Korn/Ferry International by 2.8% during the 2nd quarter. Verdence Capital Advisors LLC now owns 8,296 shares of the business services provider’s stock worth $608,000 after purchasing an additional 225 shares during the period. Institutional investors and hedge funds own 98.82% of the company’s stock.
Wall Street Analyst Weigh In
KFY has been the subject of several analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Friday, October 31st. 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 report on Friday, November 21st. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Korn/Ferry International currently has a consensus rating of “Moderate Buy” and an average target price of $78.67.
Korn/Ferry International Trading Down 0.0%
Shares of NYSE:KFY opened at $65.76 on Tuesday. The business’s 50 day moving average price is $67.64 and its 200-day moving average price is $70.43. Korn/Ferry International has a 1 year low of $59.23 and a 1 year high of $79.17. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 13.96 and a beta of 1.49. 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 – Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The business services provider reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.07. The company had revenue of $708.61 million during the quarter, compared to analysts’ expectations of $688.72 million. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.17 earnings per share. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. On average, equities research analysts forecast that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.
Korn/Ferry International announced that its board has approved a stock buyback program on Thursday, September 18th that permits the company to buyback $331.40 million in shares. This buyback authorization permits the business services provider to repurchase up to 8.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.
Korn/Ferry International Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Friday, September 26th were paid 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 (DPR) is currently 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.
Read More
- Five stocks we like better than Korn/Ferry International
- Best Stocks Under $10.00
- Up Over 20% in 2025, These 3 Stocks Are Boosting Buyback Capacity
- Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio
- Congress Beat the Market Again—Here Are the 3 Stocks They Bought
- The How And Why of Investing in Oil Stocks
- Go on a Shopping Spree With 3 Top Retail ETFs
Want to see what other hedge funds are holding KFY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Korn/Ferry International (NYSE:KFY – Free Report).
Receive News & Ratings for Korn/Ferry International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Korn/Ferry International and related companies with MarketBeat.com's FREE daily email newsletter.
