Korn/Ferry International $KFY Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC trimmed its stake in shares of Korn/Ferry International (NYSE:KFYFree Report) by 7.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 421,760 shares of the business services provider’s stock after selling 34,013 shares during the period. William Blair Investment Management LLC’s holdings in Korn/Ferry International were worth $30,928,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. American Century Companies Inc. grew its holdings in Korn/Ferry International by 89.1% during the first quarter. American Century Companies Inc. now owns 1,802,461 shares of the business services provider’s stock worth $122,261,000 after acquiring an additional 849,180 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in 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 valued at $109,908,000 after purchasing an additional 98,548 shares during the period. Wellington Management Group LLP grew its holdings in Korn/Ferry International by 22.3% in the first quarter. Wellington Management Group LLP now owns 932,890 shares of the business services provider’s stock valued at $63,278,000 after purchasing an additional 170,041 shares during the period. Victory Capital Management Inc. grew its holdings in Korn/Ferry International by 3.6% in the first quarter. Victory Capital Management Inc. now owns 920,758 shares of the business services provider’s stock valued at $62,455,000 after purchasing an additional 31,982 shares during the period. Finally, Pzena Investment Management LLC grew its holdings in Korn/Ferry International by 6.6% in the second 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 period. 98.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on KFY shares. Weiss Ratings reissued a “buy (b)” rating on shares of Korn/Ferry International in a report on Wednesday, October 8th. Wall Street Zen lowered Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 9th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $81.00.

Check Out Our Latest Research Report on KFY

Korn/Ferry International Stock Performance

NYSE KFY opened at $68.32 on Friday. The company has a market cap of $3.58 billion, a PE ratio of 14.51 and a beta of 1.47. The stock’s 50 day simple moving average is $72.19 and its 200-day simple moving average is $69.70. Korn/Ferry International has a 1-year low of $59.23 and a 1-year high of $80.64. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.21 and a quick ratio of 2.21.

Korn/Ferry International (NYSE:KFYGet Free Report) last released its earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.07. The business had revenue of $708.61 million for the quarter, compared to the consensus estimate of $688.72 million. Korn/Ferry International had a return on equity of 14.55% and a net margin of 8.95%.The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.17 earnings per share. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. As a group, equities research analysts anticipate that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International declared that its Board of Directors has approved a share buyback program on Thursday, September 18th that authorizes the company to buyback $331.40 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 8.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its stock is undervalued.

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, September 26th. Korn/Ferry International’s dividend payout ratio (DPR) is 40.76%.

Korn/Ferry International Profile

(Free Report)

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.

See Also

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Institutional Ownership by Quarter for Korn/Ferry International (NYSE:KFY)

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