Value Holdings Management CO. LLC Acquires Shares of 58,500 Korn/Ferry International $KFY

Value Holdings Management CO. LLC acquired a new stake in Korn/Ferry International (NYSE:KFY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 58,500 shares of the business services provider’s stock, valued at approximately $3,894,000. Korn/Ferry International comprises approximately 0.7% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 22nd largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of New York Mellon Corp purchased a new stake in Korn/Ferry International during the 2nd quarter valued at $43,812,000. Handelsbanken Fonder AB lifted its position in Korn/Ferry International by 19.0% in the second quarter. Handelsbanken Fonder AB now owns 13,802 shares of the business services provider’s stock worth $919,000 after buying an additional 2,200 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Korn/Ferry International by 38.9% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 9,461 shares of the business services provider’s stock worth $630,000 after buying an additional 2,652 shares during the period. Trust Point Inc. purchased a new position in Korn/Ferry International during the second quarter worth $208,000. Finally, Baron Wealth Management LLC increased its position in Korn/Ferry International by 101.0% during the second quarter. Baron Wealth Management LLC now owns 6,497 shares of the business services provider’s stock valued at $433,000 after acquiring an additional 3,265 shares during the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Analyst Ratings Changes

KFY has been the topic of several recent analyst reports. Robert W. Baird increased their target price on shares of Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday, June 24th. Truist Financial lifted their price target on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Wall Street Zen downgraded shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings raised shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Finally, 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 report on Wednesday, June 24th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Korn/Ferry International presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.50.

Korn/Ferry International Stock Up 0.4%

NYSE:KFY opened at $84.71 on Friday. Korn/Ferry International has a twelve month low of $58.95 and a twelve month high of $85.97. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 16.17 and a beta of 1.19. The stock has a fifty day simple moving average of $76.89 and a 200-day simple moving average of $69.25. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20.

Korn/Ferry International (NYSE:KFY) last issued its earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. The firm had revenue of $768.26 million during the quarter, compared to analyst estimates of $743.35 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The business’s revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.32 earnings per share. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Analysts anticipate that Korn/Ferry International will post 5.75 EPS for the current year.

Korn/Ferry International Dividend Announcement

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 dividend of $0.55 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.6%. Korn/Ferry International’s dividend payout ratio (DPR) is 41.98%.

Korn/Ferry International 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.