Korn/Ferry International $KFY Shares Sold by RBF Capital LLC

RBF Capital LLC reduced its holdings in shares of Korn/Ferry International (NYSE:KFY) by 38.3% during the 1st quarter, HoldingsChannel reports. The firm owned 15,000 shares of the business services provider’s stock after selling 9,327 shares during the period. RBF Capital LLC’s holdings in Korn/Ferry International were worth $944,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of 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 period. Wellington Management Group LLP increased its position in Korn/Ferry International by 48.3% in the 3rd 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 period. Dimensional Fund Advisors LP raised its stake in Korn/Ferry International by 4.3% during the 1st 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 raised its stake 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 valued at $132,933,000 after acquiring an additional 31,175 shares during the last quarter. Finally, Invesco Ltd. lifted its position 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 currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

KFY has been the topic of several analyst reports. Truist Financial lifted their target price 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. Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Robert W. Baird increased their price target on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, UBS Group boosted their price objective on shares of 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 investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Korn/Ferry International has a consensus rating of “Moderate Buy” and an average target price of $78.50.

Korn/Ferry International Price Performance

Shares of KFY opened at $84.62 on Thursday. 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 stock’s 50 day moving average is $72.77 and its two-hundred day moving average is $67.51. Korn/Ferry International has a twelve month low of $58.95 and a twelve month high of $85.69. The firm has a market capitalization of $4.30 billion, a PE ratio of 16.15 and a beta of 1.21.

Korn/Ferry International (NYSE:KFY) last issued its earnings results 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. The business had revenue of $768.26 million during the quarter, compared to the consensus estimate of $743.35 million. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.32 EPS. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Research analysts anticipate that Korn/Ferry International will post 5.75 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be given a $0.55 dividend. The ex-dividend date is Monday, July 6th. This represents a $2.20 annualized dividend and a yield of 2.6%. Korn/Ferry International’s dividend payout ratio is presently 41.98%.

Korn/Ferry International Company 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.