Leeward Investments LLC MA Boosts Holdings in Korn/Ferry International $KFY

Leeward Investments LLC MA raised its position in Korn/Ferry International (NYSE:KFY) by 42.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 297,054 shares of the business services provider’s stock after acquiring an additional 89,244 shares during the period. Leeward Investments LLC MA’s holdings in Korn/Ferry International were worth $18,700,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of KFY. Royal Bank of Canada increased its position in shares of Korn/Ferry International by 22.7% during the first quarter. Royal Bank of Canada now owns 11,413 shares of the business services provider’s stock worth $775,000 after purchasing an additional 2,112 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Korn/Ferry International by 3.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock worth $2,073,000 after purchasing an additional 1,009 shares in the last quarter. Millennium Management LLC grew its stake in Korn/Ferry International by 566.9% during the 1st quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock worth $8,464,000 after buying an additional 106,076 shares during the last quarter. United Services Automobile Association purchased a new position in Korn/Ferry International during the 1st quarter worth $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Korn/Ferry International by 6.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 172,556 shares of the business services provider’s stock valued at $11,704,000 after buying an additional 11,020 shares in the last quarter. 98.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. UBS Group increased their price target on Korn/Ferry International from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Weiss Ratings upgraded shares of Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Truist Financial increased their price objective on shares of Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Finally, Wall Street Zen upgraded shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Korn/Ferry International presently has a consensus rating of “Moderate Buy” and an average price target of $74.67.

Korn/Ferry International Price Performance

Shares of KFY opened at $71.97 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.01 and a quick ratio of 2.01. The company’s fifty day moving average price is $68.21 and its 200-day moving average price is $66.17. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $78.50. The firm has a market capitalization of $3.73 billion, a PE ratio of 14.22 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. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The company had revenue of $768.26 million during the quarter, compared to analyst estimates of $743.35 million. During the same quarter last year, the business posted $1.32 EPS. The firm’s quarterly 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. On average, equities research analysts predict that Korn/Ferry International will post 5.29 EPS for the current year.

Korn/Ferry International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, July 6th. Korn/Ferry International’s dividend payout ratio is 43.48%.

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.