Korn/Ferry International (NYSE:KFY – Get Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as $79.01 and last traded at $78.7050, with a volume of 220597 shares trading hands. The stock had previously closed at $75.12.
Analyst Upgrades and Downgrades
KFY has been the topic of a number of recent analyst reports. UBS Group increased their price target on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Truist Financial lifted their price target on shares of Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Robert W. Baird boosted their price target on shares of Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. Finally, Weiss Ratings upgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Korn/Ferry International presently has an average rating of “Moderate Buy” and an average target price of $78.50.
View Our Latest Analysis on Korn/Ferry International
Korn/Ferry International Trading Up 5.1%
Korn/Ferry International (NYSE:KFY – Get Free Report) last released its earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.03. The business had revenue of $768.26 million for the quarter, compared to the consensus estimate of $743.35 million. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.32 earnings per share. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Analysts anticipate that Korn/Ferry International will post 5.75 earnings per share for the current year.
Korn/Ferry International Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be issued a $0.55 dividend. The ex-dividend date is Monday, July 6th. This represents a $2.20 dividend on an annualized basis and a yield of 2.8%. Korn/Ferry International’s dividend payout ratio (DPR) is presently 41.98%.
Institutional Investors Weigh In On Korn/Ferry International
Large investors have recently modified their holdings of the business. IFP Advisors Inc boosted its position in Korn/Ferry International by 69.4% during the fourth quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock worth $33,000 after acquiring an additional 206 shares during the last quarter. Clearstead Advisors LLC raised its holdings in Korn/Ferry International by 30,350.0% in the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 607 shares during the last quarter. Kestra Investment Management LLC lifted its stake in Korn/Ferry International by 71.8% in the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after purchasing an additional 242 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of Korn/Ferry International by 200.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after purchasing an additional 400 shares during the last quarter. Finally, Torren Management LLC acquired a new position in shares of Korn/Ferry International during the 4th quarter worth approximately $52,000. Hedge funds and other institutional investors own 98.82% of the company’s stock.
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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