Olstein Capital Management L.P. Grows Stock Position in Korn/Ferry International $KFY

Olstein Capital Management L.P. boosted its holdings in Korn/Ferry International (NYSE:KFY) by 18.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 76,950 shares of the business services provider’s stock after buying an additional 11,950 shares during the period. Olstein Capital Management L.P.’s holdings in Korn/Ferry International were worth $5,080,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KFY. Kestra Investment Management LLC increased its stake in shares of Korn/Ferry International by 71.8% during the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 242 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Korn/Ferry International by 200.0% in the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after acquiring an additional 400 shares during the last quarter. Federated Hermes Inc. grew its holdings in Korn/Ferry International by 160.4% in the third quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 409 shares during the period. Torren Management LLC purchased a new stake in Korn/Ferry International in the fourth quarter valued at approximately $52,000. Finally, Danske Bank A S acquired a new position in Korn/Ferry International during the third quarter worth approximately $56,000. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Truist Financial dropped their price objective on Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, March 10th. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. UBS Group upped their price target on Korn/Ferry International from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Finally, Weiss Ratings downgraded Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, March 13th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

Korn/Ferry International Price Performance

Korn/Ferry International stock opened at $67.14 on Friday. The firm has a fifty day moving average of $63.65 and a 200-day moving average of $65.43. Korn/Ferry International has a 52-week low of $58.95 and a 52-week high of $78.50. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $3.48 billion, a P/E ratio of 13.27 and a beta of 1.22.

Korn/Ferry International (NYSE:KFY) last issued its earnings results on Monday, March 9th. The business services provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. The business had revenue of $725.04 million for the quarter, compared to the consensus estimate of $692.45 million. Korn/Ferry International had a net margin of 9.29% and a return on equity of 14.36%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.19 EPS. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. As a group, analysts predict that Korn/Ferry International will post 5.29 EPS for the current year.

Korn/Ferry International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 27th were paid a dividend of $0.55 per share. This is a boost from Korn/Ferry International’s previous quarterly dividend of $0.48. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Friday, March 27th. Korn/Ferry International’s payout ratio is presently 43.48%.

Korn/Ferry International 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.