4,046 Shares in Korn/Ferry International $KFY Purchased by R Squared Ltd

R Squared Ltd acquired a new position in shares of Korn/Ferry International (NYSE:KFY) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,046 shares of the business services provider’s stock, valued at approximately $297,000.

A number of other institutional investors have also added to or reduced their stakes in KFY. GAMMA Investing LLC lifted its holdings in Korn/Ferry International by 11.4% during the 1st quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider’s stock worth $131,000 after purchasing an additional 199 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in Korn/Ferry International by 4.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,388,500 shares of the business services provider’s stock worth $95,001,000 after acquiring an additional 62,779 shares during the last quarter. Principal Financial Group Inc. increased its stake in Korn/Ferry International by 1.8% in the 1st quarter. Principal Financial Group Inc. now owns 284,607 shares of the business services provider’s stock worth $19,305,000 after acquiring an additional 5,128 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Korn/Ferry International by 2.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 158,358 shares of the business services provider’s stock worth $10,741,000 after acquiring an additional 3,140 shares during the last quarter. Finally, Xponance Inc. increased its stake in Korn/Ferry International by 3.8% in the 1st quarter. Xponance Inc. now owns 5,004 shares of the business services provider’s stock worth $339,000 after acquiring an additional 184 shares during the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Price Performance

Shares of Korn/Ferry International stock opened at $71.05 on Friday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $3.72 billion, a PE ratio of 15.08 and a beta of 1.47. The business’s 50-day moving average price is $71.97 and its 200-day moving average price is $70.01. Korn/Ferry International has a 12 month low of $59.23 and a 12 month high of $80.64.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Tuesday, September 9th. The business services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $1.24 by $0.07. The firm had revenue of $708.61 million for the quarter, compared to analyst estimates of $688.72 million. Korn/Ferry International had a return on equity of 14.55% and a net margin of 8.95%.The company’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.17 EPS. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. Sell-side analysts forecast that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International declared that its board has initiated a stock repurchase 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 purchase up to 8.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Korn/Ferry International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th were given a dividend of $0.48 per share. The ex-dividend date was Friday, September 26th. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. Korn/Ferry International’s dividend payout ratio is 40.76%.

Wall Street Analyst Weigh In

KFY has been the topic of a number of research analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Korn/Ferry International in a research note on Wednesday, October 8th. Wall Street Zen lowered Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 9th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Korn/Ferry International currently has an average rating of “Moderate Buy” and an average target price of $81.00.

Korn/Ferry International Company Profile

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.