Jefferies Financial Group Inc. purchased a new position in shares of Korn/Ferry International (NYSE:KFY – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,513 shares of the business services provider’s stock, valued at approximately $1,288,000.
A number of other institutional investors also recently bought and sold shares of the business. Thrivent Financial for Lutherans raised its holdings in shares of 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 acquiring an additional 56,647 shares during the period. Alps Advisors Inc. acquired a new position in Korn/Ferry International in the 3rd quarter valued at about $10,993,000. Universal Beteiligungs und Servicegesellschaft mbH grew its position in Korn/Ferry International by 105.8% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 27,721 shares of the business services provider’s stock valued at $1,940,000 after acquiring an additional 14,249 shares in the last quarter. Public Sector Pension Investment Board grew its position in Korn/Ferry International by 15.9% in the 3rd quarter. Public Sector Pension Investment Board now owns 204,114 shares of the business services provider’s stock valued at $14,284,000 after acquiring an additional 28,069 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co grew its position in Korn/Ferry International by 112.6% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 31,929 shares of the business services provider’s stock valued at $2,234,000 after acquiring an additional 16,913 shares in 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 analysts have recently commented on KFY shares. Truist Financial lowered their price objective on Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating for the company in a research report on Tuesday, March 10th. Weiss Ratings downgraded Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Finally, UBS Group increased their price target on shares of Korn/Ferry International from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $73.00.
Korn/Ferry International Stock Up 2.2%
Korn/Ferry International stock opened at $70.07 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market capitalization of $3.64 billion, a price-to-earnings ratio of 13.85 and a beta of 1.22. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $78.50. The stock’s fifty day moving average is $64.97 and its two-hundred day moving average is $65.32.
Korn/Ferry International (NYSE:KFY – Get Free Report) last posted its quarterly earnings data on Monday, March 9th. The business services provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. The business had revenue of $725.04 million for the quarter, compared to analyst estimates of $692.45 million. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.19 earnings per share. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. Analysts predict that Korn/Ferry International will post 5.29 EPS for the current fiscal year.
Korn/Ferry International Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Friday, March 27th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Friday, March 27th. This is an increase from Korn/Ferry International’s previous quarterly dividend of $0.48. Korn/Ferry International’s dividend payout ratio (DPR) is 43.48%.
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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