Inceptionr LLC Makes New $700,000 Investment in Korn/Ferry International $KFY

Inceptionr LLC purchased a new position in Korn/Ferry International (NYSE:KFY) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,113 shares of the business services provider’s stock, valued at approximately $700,000.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Korn/Ferry International by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 6,159,477 shares of the business services provider’s stock worth $406,649,000 after buying an additional 44,425 shares during the last quarter. Wellington Management Group LLP boosted its position in Korn/Ferry International by 48.3% during the third quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider’s stock valued at $243,221,000 after acquiring an additional 1,132,473 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Korn/Ferry International by 4.3% during the first quarter. Dimensional Fund Advisors LP now owns 3,003,385 shares of the business services provider’s stock valued at $189,065,000 after acquiring an additional 122,669 shares during the last quarter. State Street Corp grew its holdings in Korn/Ferry International by 1.6% during the 4th quarter. State Street Corp now owns 2,000,452 shares of the business services provider’s stock worth $132,933,000 after acquiring an additional 31,175 shares during the period. Finally, Invesco Ltd. grew its holdings in Korn/Ferry International by 1.1% during the 3rd quarter. Invesco Ltd. now owns 1,493,922 shares of the business services provider’s stock worth $104,545,000 after acquiring an additional 16,519 shares during the period. 98.82% of the stock is owned by institutional investors.

Korn/Ferry International Trading Up 0.6%

KFY opened at $78.28 on Friday. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $79.97. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20. The company has a market cap of $3.98 billion, a P/E ratio of 14.94 and a beta of 1.21. The company has a fifty day moving average price of $71.72 and a two-hundred day moving average price of $67.16.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings data on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.03. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The company had revenue of $768.26 million for the quarter, compared to analysts’ expectations of $743.35 million. During the same quarter in the prior year, the firm earned $1.32 EPS. The business’s revenue was up 6.7% on a year-over-year basis. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Analysts predict that Korn/Ferry International will post 5.75 EPS for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently declared 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 annualized dividend and a yield of 2.8%. Korn/Ferry International’s dividend payout ratio is presently 41.98%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on KFY shares. Truist Financial boosted their price objective on 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 raised their target price on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Finally, UBS Group boosted their price target on Korn/Ferry International from $70.00 to $75.00 and gave the company a “neutral” rating in a research note on Wednesday, June 24th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $78.50.

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.