Korn/Ferry International $KFY Holdings Boosted by UBS Group AG

UBS Group AG raised its stake in Korn/Ferry International (NYSE:KFYFree Report) by 17.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 186,246 shares of the business services provider’s stock after acquiring an additional 27,518 shares during the period. UBS Group AG owned 0.36% of Korn/Ferry International worth $12,296,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Kestra Investment Management LLC lifted its holdings in shares of 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 during the last quarter. Canada Pension Plan Investment Board increased its position in 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 buying an additional 400 shares during the period. Federated Hermes Inc. lifted its stake 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 buying an additional 409 shares during the last quarter. Danske Bank A S bought a new stake in Korn/Ferry International in the third quarter valued at $56,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Korn/Ferry International by 84.1% during the second quarter. EverSource Wealth Advisors LLC now owns 854 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 390 shares during the period. 98.82% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on Korn/Ferry International

Korn/Ferry International Price Performance

NYSE:KFY opened at $64.21 on Friday. The business’s 50-day moving average price is $64.03 and its 200 day moving average price is $65.26. The firm has a market cap of $3.33 billion, a P/E ratio of 12.69 and a beta of 1.22. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 52-week low of $58.95 and a 52-week high of $78.50.

Korn/Ferry International (NYSE:KFYGet Free Report) last released its earnings results on Monday, March 9th. The business services provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.24 by $0.04. The business had revenue of $725.04 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.19 earnings per share. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. As a group, sell-side analysts predict that Korn/Ferry International will post 5.29 earnings per share for the current fiscal year.

Korn/Ferry International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th were given a dividend of $0.55 per share. This is a boost from Korn/Ferry International’s previous quarterly dividend of $0.48. The ex-dividend date was Friday, March 27th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.4%. Korn/Ferry International’s payout ratio is currently 43.48%.

Korn/Ferry International Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Korn/Ferry International (NYSE:KFY)

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