Fox Run Management L.L.C. Buys Shares of 15,202 Korn/Ferry International $KFY

Fox Run Management L.L.C. bought a new position in Korn/Ferry International (NYSE:KFY) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,202 shares of the business services provider’s stock, valued at approximately $1,064,000.

Several other large investors also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Korn/Ferry International during the second quarter worth approximately $46,024,000. Adage Capital Partners GP L.L.C. bought a new stake in Korn/Ferry International during the 2nd quarter valued at $32,559,000. Tributary Capital Management LLC boosted its position in Korn/Ferry International by 92.6% during the 3rd quarter. Tributary Capital Management LLC now owns 611,224 shares of the business services provider’s stock worth $42,773,000 after acquiring an additional 293,789 shares during the period. Bank of America Corp DE grew its stake in shares of Korn/Ferry International by 68.4% in the second quarter. Bank of America Corp DE now owns 665,145 shares of the business services provider’s stock worth $48,775,000 after purchasing an additional 270,256 shares in the last quarter. Finally, Alps Advisors Inc. acquired a new position in shares of Korn/Ferry International during the third quarter valued at $10,993,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on KFY shares. The Goldman Sachs Group decreased their target price on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a research report on Friday, November 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Wednesday, January 28th. Finally, Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.67.

Korn/Ferry International Price Performance

Shares of NYSE KFY opened at $60.01 on Thursday. Korn/Ferry International has a twelve month low of $58.95 and a twelve month high of $78.50. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average of $66.12 and a two-hundred day moving average of $68.37. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 12.17 and a beta of 1.35.

Korn/Ferry International (NYSE:KFY) last released its earnings results on Tuesday, December 9th. The business services provider reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.02. The business had revenue of $729.80 million for the quarter, compared to the consensus estimate of $705.16 million. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 EPS. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. As a group, analysts expect that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, December 19th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, December 19th. Korn/Ferry International’s dividend payout ratio is 38.95%.

About Korn/Ferry International

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.