16,563 Korn/Ferry International $KFY Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA reduced its position in shares of Korn/Ferry International (NYSE:KFY) by 5.7% in the third quarter, HoldingsChannel.com reports. The firm owned 274,449 shares of the business services provider’s stock after selling 16,563 shares during the period. Leeward Investments LLC MA’s holdings in Korn/Ferry International were worth $19,648,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in Korn/Ferry International by 3.4% during the 3rd quarter. GAMMA Investing LLC now owns 6,615 shares of the business services provider’s stock valued at $474,000 after purchasing an additional 220 shares during the period. State of Wyoming raised its position in Korn/Ferry International by 14.6% during the 1st quarter. State of Wyoming now owns 1,866 shares of the business services provider’s stock valued at $117,000 after purchasing an additional 238 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Korn/Ferry International by 53.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 721 shares of the business services provider’s stock worth $52,000 after buying an additional 251 shares during the period. Root Financial Partners LLC lifted its holdings in Korn/Ferry International by 5.3% in the 1st quarter. Root Financial Partners LLC now owns 5,221 shares of the business services provider’s stock worth $329,000 after buying an additional 265 shares during the period. Finally, Pension & Wealth Management Advisors Inc. bought a new stake in shares of Korn/Ferry International in the 3rd quarter worth approximately $25,000. 98.82% of the stock is owned by institutional investors.

Korn/Ferry International Trading Up 0.0%

Shares of KFY opened at $78.34 on Monday. The firm’s 50-day moving average price is $77.61 and its 200-day moving average price is $73.80. The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of 14.78 and a beta of 1.25. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $87.51.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.07. Korn/Ferry International had a net margin of 9.36% and a return on equity of 14.43%. The company had revenue of $764.62 million for the quarter, compared to analysts’ expectations of $737.66 million. During the same quarter in the previous year, the company earned $1.26 earnings per share. Korn/Ferry International’s quarterly revenue was up 6.9% on a year-over-year basis. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. Sell-side analysts anticipate that Korn/Ferry International will post 5.63 EPS for the current year.

Korn/Ferry International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 22nd were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 22nd. Korn/Ferry International’s payout ratio is presently 41.51%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on KFY. Weiss Ratings reissued a “buy (b)” rating on shares of Korn/Ferry International in a research note on Friday, September 18th. UBS Group upped their target price on Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday, September 10th. Finally, Wall Street Zen lowered Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $80.25.

Korn/Ferry International Company Profile

Korn Ferry is a global organizational consulting firm that helps companies and other institutions align their people, strategy and operations. Its services are designed to support organizations across the employee lifecycle, from attracting and selecting talent to developing leaders, improving performance and managing organizational change.

The company’s principal offerings include executive search and professional recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, executive coaching, compensation and rewards consulting, and broader organizational strategy.