Korn/Ferry International (NYSE:KFY – Get Free Report) issued an update on its first quarter 2027 earnings guidance on Tuesday. The company provided EPS guidance of 1.320-1.380 for the period, compared to the consensus EPS estimate of 1.330. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research analysts recently weighed in on KFY shares. Weiss Ratings raised shares of Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. UBS Group lifted their price target on Korn/Ferry International from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Finally, Truist Financial boosted their price target on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $74.67.
Check Out Our Latest Report on Korn/Ferry International
Korn/Ferry International Price Performance
Korn/Ferry International (NYSE:KFY – Get Free Report) last announced its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.03. Korn/Ferry International had a net margin of 9.29% and a return on equity of 14.36%. The firm had revenue of $768.26 million for the quarter, compared to analysts’ expectations of $743.35 million. During the same quarter in the previous year, the company posted $1.32 EPS. The company’s revenue was up 6.7% compared to the same quarter last year. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Sell-side analysts expect that Korn/Ferry International will post 5.29 EPS for the current year.
Korn/Ferry International Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $2.20 dividend on an annualized basis and a yield of 3.1%. Korn/Ferry International’s payout ratio is 43.48%.
Institutional Trading of Korn/Ferry International
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Korn/Ferry International by 22.7% in the first quarter. Royal Bank of Canada now owns 11,413 shares of the business services provider’s stock valued at $775,000 after acquiring an additional 2,112 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Korn/Ferry International by 3.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock worth $2,073,000 after acquiring an additional 1,009 shares during the last quarter. Millennium Management LLC raised its position in Korn/Ferry International by 566.9% in the first quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock valued at $8,464,000 after purchasing an additional 106,076 shares during the period. United Services Automobile Association acquired a new position in shares of Korn/Ferry International in the 1st quarter valued at $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Korn/Ferry International by 6.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 172,556 shares of the business services provider’s stock valued at $11,704,000 after purchasing an additional 11,020 shares during the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.
Korn/Ferry International Company Profile
Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company’s core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.
Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.
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