Deutsche Bank AG reduced its stake in Korn/Ferry International (NYSE:KFY – Free Report) by 9.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,762 shares of the business services provider’s stock after selling 4,295 shares during the period. Deutsche Bank AG owned 0.08% of Korn/Ferry International worth $2,765,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of KFY. CX Institutional bought a new stake in shares of Korn/Ferry International during the first quarter valued at approximately $39,000. GAMMA Investing LLC increased its position in shares of Korn/Ferry International by 11.4% during the first quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider’s stock valued at $131,000 after acquiring an additional 199 shares in the last quarter. Edgestream Partners L.P. increased its position in shares of Korn/Ferry International by 140.1% during the first quarter. Edgestream Partners L.P. now owns 91,138 shares of the business services provider’s stock valued at $6,182,000 after acquiring an additional 53,175 shares in the last quarter. Two Sigma Investments LP bought a new stake in shares of Korn/Ferry International during the fourth quarter valued at approximately $1,593,000. Finally, Principal Financial Group Inc. increased its position in shares of Korn/Ferry International by 1.8% during the first quarter. Principal Financial Group Inc. now owns 284,607 shares of the business services provider’s stock valued at $19,305,000 after acquiring an additional 5,128 shares in the last quarter. 98.82% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on KFY shares. UBS Group cut their price objective on shares of Korn/Ferry International from $75.00 to $74.00 and set a “neutral” rating for the company in a research report on Tuesday, May 27th. Wall Street Zen downgraded shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 9th. Finally, Truist Financial boosted their price objective on shares of Korn/Ferry International from $80.00 to $88.00 and gave the company a “buy” rating in a research report on Friday, June 20th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $81.00.
Korn/Ferry International Stock Performance
Shares of NYSE:KFY opened at $73.5690 on Wednesday. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 15.92 and a beta of 1.47. Korn/Ferry International has a 12 month low of $59.23 and a 12 month high of $80.64. The firm’s 50-day moving average is $72.26 and its 200 day moving average is $68.12. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.21.
Korn/Ferry International (NYSE:KFY – Get Free Report) last released its quarterly earnings data on Wednesday, June 18th. The business services provider reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.06. The firm had revenue of $712.05 million for the quarter, compared to the consensus estimate of $690.07 million. Korn/Ferry International had a net margin of 8.91% and a return on equity of 14.49%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period last year, the firm earned $1.26 earnings per share. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. Research analysts predict that Korn/Ferry International will post 4.75 EPS for the current year.
Korn/Ferry International Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd were given a $0.48 dividend. The ex-dividend date was Thursday, July 3rd. This represents a $1.92 annualized dividend and a dividend yield of 2.6%. Korn/Ferry International’s dividend payout ratio (DPR) is 41.56%.
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.
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