Alps Advisors Inc. Makes New Investment in Korn/Ferry International $KFY

Alps Advisors Inc. purchased a new stake in Korn/Ferry International (NYSE:KFY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 157,092 shares of the business services provider’s stock, valued at approximately $10,993,000.

A number of other hedge funds have also modified their holdings of the business. American Century Companies Inc. lifted its stake in Korn/Ferry International by 3.7% in the 2nd quarter. American Century Companies Inc. now owns 1,868,280 shares of the business services provider’s stock valued at $137,001,000 after buying an additional 65,819 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Korn/Ferry International by 7.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,487,048 shares of the business services provider’s stock worth $109,908,000 after acquiring an additional 98,548 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of Korn/Ferry International by 2.5% during the second quarter. Jennison Associates LLC now owns 1,094,115 shares of the business services provider’s stock valued at $80,231,000 after acquiring an additional 27,203 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Korn/Ferry International by 7.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 836,362 shares of the business services provider’s stock worth $58,529,000 after purchasing an additional 56,647 shares in the last quarter. Finally, Pzena Investment Management LLC raised its stake in Korn/Ferry International by 6.6% in the 2nd quarter. Pzena Investment Management LLC now owns 818,329 shares of the business services provider’s stock valued at $60,008,000 after purchasing an additional 50,371 shares during the last quarter. 98.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on KFY shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a report on Wednesday, January 28th. The Goldman Sachs Group lowered their price objective on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a research report on Friday, November 21st. Finally, Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Korn/Ferry International presently has a consensus rating of “Moderate Buy” and an average target price of $78.67.

Korn/Ferry International Stock Performance

Korn/Ferry International stock opened at $68.03 on Monday. The stock’s 50-day moving average is $67.47 and its 200-day moving average is $69.19. The company has a market cap of $3.55 billion, a price-to-earnings ratio of 13.80 and a beta of 1.35. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.14 and a quick ratio of 2.14. Korn/Ferry International has a 12 month low of $59.23 and a 12 month high of $78.50.

Korn/Ferry International (NYSE:KFY) last issued its earnings results on Tuesday, December 9th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.02. Korn/Ferry International had a return on equity of 14.53% and a net margin of 9.21%.The business had revenue of $729.80 million during the quarter, compared to analysts’ expectations of $705.16 million. During the same quarter in the previous year, the business earned $1.21 EPS. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. Equities analysts anticipate that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, December 19th were issued a dividend of $0.48 per share. The ex-dividend date was Friday, December 19th. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. Korn/Ferry International’s payout ratio is presently 38.95%.

About Korn/Ferry International

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.