Korn/Ferry International $KFY Shares Sold by GAMMA Investing LLC

GAMMA Investing LLC lowered its holdings in Korn/Ferry International (NYSE:KFY) by 8.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,769 shares of the business services provider’s stock after selling 168 shares during the period. GAMMA Investing LLC’s holdings in Korn/Ferry International were worth $130,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. CX Institutional purchased a new stake in shares of Korn/Ferry International in the first quarter valued at $39,000. Jane Street Group LLC increased its stake in shares of Korn/Ferry International by 1,385.2% in the first quarter. Jane Street Group LLC now owns 202,461 shares of the business services provider’s stock worth $13,733,000 after acquiring an additional 188,829 shares during the last quarter. Edgestream Partners L.P. increased its stake in shares of Korn/Ferry International by 140.1% in the first quarter. Edgestream Partners L.P. now owns 91,138 shares of the business services provider’s stock worth $6,182,000 after acquiring an additional 53,175 shares during the last quarter. Two Sigma Investments LP acquired a new position in shares of Korn/Ferry International in the fourth quarter worth $1,593,000. Finally, Principal Financial Group Inc. increased its stake in shares of Korn/Ferry International by 1.8% in the first quarter. Principal Financial Group Inc. now owns 284,607 shares of the business services provider’s stock worth $19,305,000 after acquiring an additional 5,128 shares during the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on KFY. Truist Financial upped 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 note on Friday, June 20th. Wall Street Zen downgraded shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 9th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $81.00.

Korn/Ferry International Trading Down 0.3%

Shares of NYSE:KFY opened at $69.99 on Wednesday. The company has a market cap of $3.67 billion, a P/E ratio of 14.86 and a beta of 1.49. The stock’s 50-day moving average is $72.71 and its 200-day moving average is $69.55. Korn/Ferry International has a 52-week low of $59.23 and a 52-week high of $80.64. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.21 and a current ratio of 2.21.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.07. The company had revenue of $708.61 million for 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 was up 4.8% compared to the same quarter last year. During the same period last year, the business posted $1.17 earnings per share. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. Equities research analysts predict that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th will be given 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 (DPR) is currently 40.76%.

Korn/Ferry International announced that its Board of Directors has initiated a stock buyback plan on Thursday, September 18th that allows the company to repurchase $331.40 million in outstanding shares. This repurchase authorization allows the business services provider to purchase up to 8.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

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.