Amundi Sells 5,507 Shares of Korn/Ferry International $KFY

Amundi lowered its holdings in shares of Korn/Ferry International (NYSE:KFY) by 18.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,477 shares of the business services provider’s stock after selling 5,507 shares during the period. Amundi’s holdings in Korn/Ferry International were worth $1,580,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of KFY. Deutsche Bank AG boosted its stake in Korn/Ferry International by 51.0% during the fourth quarter. Deutsche Bank AG now owns 45,057 shares of the business services provider’s stock worth $3,039,000 after buying an additional 15,226 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Korn/Ferry International in the 4th quarter valued at $644,000. Janus Henderson Group PLC lifted its position in Korn/Ferry International by 7.4% during the 4th quarter. Janus Henderson Group PLC now owns 23,181 shares of the business services provider’s stock worth $1,562,000 after buying an additional 1,600 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Korn/Ferry International by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,558 shares of the business services provider’s stock worth $1,994,000 after buying an additional 1,140 shares in the last quarter. Finally, ProShare Advisors LLC lifted its position in Korn/Ferry International by 44.3% during the 4th quarter. ProShare Advisors LLC now owns 15,651 shares of the business services provider’s stock worth $1,056,000 after buying an additional 4,802 shares in the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Trading Down 3.6%

NYSE:KFY opened at $72.34 on Friday. The company has a market cap of $3.79 billion, a P/E ratio of 15.36 and a beta of 1.49. The company has a quick ratio of 1.83, a current ratio of 2.21 and a debt-to-equity ratio of 0.21. Korn/Ferry International has a twelve month low of $59.23 and a twelve month high of $80.64. The business has a 50 day moving average price of $73.16 and a two-hundred day moving average price of $68.97.

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

Korn/Ferry International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, September 26th. Korn/Ferry International’s dividend payout ratio is presently 41.56%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Wall Street Zen cut Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 9th. Truist Financial boosted their price objective on Korn/Ferry International from $80.00 to $88.00 and gave the company a “buy” rating in a research report on Friday, June 20th. Finally, UBS Group decreased their price objective on 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. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $81.00.

About Korn/Ferry International

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.