Korn/Ferry International $KFY Shares Acquired by LPL Financial LLC

LPL Financial LLC boosted its stake in Korn/Ferry International (NYSE:KFY) by 16.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,088 shares of the business services provider’s stock after buying an additional 4,291 shares during the period. LPL Financial LLC owned 0.06% of Korn/Ferry International worth $2,109,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KFY. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Korn/Ferry International in the first quarter valued at approximately $1,185,000. Choreo LLC acquired a new position in shares of Korn/Ferry International during the 1st quarter valued at $229,000. Gallacher Capital Management LLC bought a new stake in shares of Korn/Ferry International in the 1st quarter worth $691,000. Verdence Capital Advisors LLC lifted its holdings in shares of Korn/Ferry International by 62.2% in the first quarter. Verdence Capital Advisors LLC now owns 8,071 shares of the business services provider’s stock valued at $547,000 after buying an additional 3,096 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in Korn/Ferry International by 3.6% during the first quarter. Victory Capital Management Inc. now owns 920,758 shares of the business services provider’s stock valued at $62,455,000 after buying an additional 31,982 shares in the last quarter. 98.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KFY has been the topic of several research reports. Truist Financial boosted their price target on shares of Korn/Ferry International from $80.00 to $88.00 and gave the stock a “buy” rating in a research report on Friday, June 20th. Wall Street Zen lowered shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 9th. Finally, UBS Group decreased their price target on shares of Korn/Ferry International from $75.00 to $74.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 27th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Korn/Ferry International has an average rating of “Moderate Buy” and a consensus target price of $81.00.

Korn/Ferry International Stock Performance

Shares of KFY stock 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 1-year low of $59.23 and a 1-year high of $80.64. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.21. The stock’s fifty day simple moving average is $72.26 and its 200-day simple moving average is $68.12.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Wednesday, June 18th. The business services provider reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.06. The firm had revenue of $712.05 million during the quarter, compared to the consensus estimate of $690.07 million. Korn/Ferry International had a return on equity of 14.49% and a net margin of 8.91%.The business’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.26 EPS. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. On average, sell-side analysts predict that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd were paid a $0.48 dividend. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. Korn/Ferry International’s dividend payout ratio is 41.56%.

Korn/Ferry International Company 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.