Segall Bryant & Hamill LLC Makes New Investment in Korn/Ferry International $KFY

Segall Bryant & Hamill LLC acquired a new stake in shares of Korn/Ferry International (NYSE:KFY) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 21,854 shares of the business services provider’s stock, valued at approximately $1,376,000.

Other large investors have also recently made changes to their positions in the company. IFP Advisors Inc lifted its holdings in shares of Korn/Ferry International by 69.4% in the 4th quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock worth $33,000 after acquiring an additional 206 shares during the last quarter. Clearstead Advisors LLC grew its holdings in shares of Korn/Ferry International by 30,350.0% during the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 607 shares during the last quarter. Kestra Investment Management LLC raised its position in Korn/Ferry International by 71.8% in the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after purchasing an additional 242 shares during the period. Canada Pension Plan Investment Board raised its position in Korn/Ferry International by 200.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after purchasing an additional 400 shares during the period. Finally, Torren Management LLC bought a new stake in Korn/Ferry International in the fourth quarter worth $52,000. 98.82% of the stock is owned by hedge funds and other institutional investors.

Korn/Ferry International Trading Up 0.2%

KFY opened at $83.37 on Thursday. Korn/Ferry International has a one year low of $58.95 and a one year high of $85.69. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 1.94. The business has a 50 day simple moving average of $74.26 and a two-hundred day simple moving average of $68.02. The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 15.91 and a beta of 1.19.

Korn/Ferry International (NYSE:KFY) last posted its earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.03. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The firm had revenue of $768.26 million for the quarter, compared to analysts’ expectations of $743.35 million. During the same period in the previous year, the firm earned $1.32 earnings per share. The business’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. Analysts predict that Korn/Ferry International will post 5.75 EPS for the current year.

Korn/Ferry International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Monday, July 6th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, July 6th. Korn/Ferry International’s dividend payout ratio (DPR) is currently 41.98%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Truist Financial upped their price target on shares of Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. UBS Group boosted their target price on Korn/Ferry International from $70.00 to $75.00 and gave the company a “neutral” rating in a research note on Wednesday, June 24th. Weiss Ratings upgraded Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Wall Street Zen lowered Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Robert W. Baird lifted their price target on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Korn/Ferry International currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.50.

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.