Universal Beteiligungs und Servicegesellschaft mbH Cuts Stock Holdings in Korn/Ferry International $KFY

Universal Beteiligungs und Servicegesellschaft mbH lowered its position in Korn/Ferry International (NYSE:KFY) by 22.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,472 shares of the business services provider’s stock after selling 4,004 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Korn/Ferry International were worth $988,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the business. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Korn/Ferry International in the 1st quarter valued at approximately $62,000. CX Institutional lifted its holdings in Korn/Ferry International by 45.4% in the second quarter. CX Institutional now owns 839 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 262 shares during the period. Blue Trust Inc. boosted its position in shares of Korn/Ferry International by 21.1% during the 2nd quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock worth $69,000 after purchasing an additional 163 shares in the last quarter. Quarry LP boosted its position in shares of Korn/Ferry International by 193.6% during the 1st quarter. Quarry LP now owns 1,518 shares of the business services provider’s stock worth $103,000 after purchasing an additional 1,001 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Korn/Ferry International during the 1st quarter worth $105,000. 98.82% of the stock is owned by hedge funds and other institutional investors.

Korn/Ferry International Price Performance

Shares of NYSE KFY opened at $65.64 on Thursday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.21. The company’s 50-day moving average price is $68.09 and its 200 day moving average price is $70.46. Korn/Ferry International has a 52 week low of $59.23 and a 52 week high of $80.49. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 13.94 and a beta of 1.49.

Korn/Ferry International (NYSE:KFY) last announced its earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.07. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The company had revenue of $708.61 million during the quarter, compared to analysts’ expectations of $688.72 million. During the same quarter in the previous year, the business posted $1.17 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. As a group, research analysts forecast that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International declared that its board has authorized a share buyback program on Thursday, September 18th that authorizes the company to repurchase $331.40 million in shares. This repurchase authorization authorizes the business services provider to repurchase up to 8.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Korn/Ferry International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Friday, September 26th were paid a $0.48 dividend. The ex-dividend date of this dividend was Friday, September 26th. This represents a $1.92 dividend on an annualized basis and a yield of 2.9%. Korn/Ferry International’s dividend payout ratio is presently 40.76%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Friday, October 31st. The Goldman Sachs Group dropped their target price on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a report on Friday, November 21st. Three 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 an average rating of “Moderate Buy” and an average target price of $78.67.

Korn/Ferry International Profile

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.