Versor Investments LP Makes New $228,000 Investment in Korn/Ferry International $KFY

Versor Investments LP purchased a new stake in 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 purchased 3,112 shares of the business services provider’s stock, valued at approximately $228,000.

A number of other institutional investors have also made changes to their positions in KFY. American Century Companies Inc. increased its holdings in Korn/Ferry International by 89.1% in the first quarter. American Century Companies Inc. now owns 1,802,461 shares of the business services provider’s stock valued at $122,261,000 after purchasing an additional 849,180 shares during the last quarter. New Vernon Capital Holdings II LLC grew its position in shares of Korn/Ferry International by 11,876.9% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 255,109 shares of the business services provider’s stock worth $17,304,000 after buying an additional 252,979 shares during the period. Nuveen LLC bought a new stake in shares of Korn/Ferry International in the 1st quarter valued at about $14,473,000. MetLife Investment Management LLC raised its position in shares of Korn/Ferry International by 614.3% in the 1st quarter. MetLife Investment Management LLC now owns 223,667 shares of the business services provider’s stock valued at $15,171,000 after acquiring an additional 192,355 shares during the period. Finally, Jane Street Group LLC boosted its stake in Korn/Ferry International by 1,385.2% during the 1st quarter. Jane Street Group LLC now owns 202,461 shares of the business services provider’s stock worth $13,733,000 after acquiring an additional 188,829 shares during the last quarter. 98.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Friday, October 31st. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $81.00.

Korn/Ferry International Trading Down 2.3%

NYSE:KFY opened at $64.87 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.21 and a quick ratio of 2.21. The business’s 50-day simple moving average is $70.53 and its 200-day simple moving average is $70.23. Korn/Ferry International has a fifty-two week low of $59.23 and a fifty-two week high of $80.64. The stock has a market capitalization of $3.40 billion, a PE ratio of 13.77 and a beta of 1.49.

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

Korn/Ferry International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Friday, September 26th were paid a $0.48 dividend. The ex-dividend date of this dividend was Friday, September 26th. This represents a $1.92 dividend on an annualized basis and a yield of 3.0%. Korn/Ferry International’s dividend payout ratio is presently 40.76%.

Korn/Ferry International announced that its board has initiated a stock buyback plan on Thursday, September 18th that permits the company to repurchase $331.40 million in outstanding shares. This repurchase authorization permits the business services provider to reacquire up to 8.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Korn/Ferry International 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.