Korn/Ferry International $KFY Holdings Raised by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its position in Korn/Ferry International (NYSE:KFY) by 29.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,041 shares of the business services provider’s stock after acquiring an additional 1,587 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Korn/Ferry International were worth $521,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of KFY. CX Institutional purchased a new position in shares of Korn/Ferry International during the 1st quarter valued at $39,000. GAMMA Investing LLC grew its stake in Korn/Ferry International by 11.4% in the 1st quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider’s stock valued at $131,000 after buying an additional 199 shares during the last quarter. 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 purchasing an additional 188,829 shares during the period. Edgestream Partners L.P. boosted its stake in Korn/Ferry International by 140.1% during the 1st quarter. Edgestream Partners L.P. now owns 91,138 shares of the business services provider’s stock valued at $6,182,000 after purchasing an additional 53,175 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in Korn/Ferry International by 1.8% during the 1st quarter. Principal Financial Group Inc. now owns 284,607 shares of the business services provider’s stock valued at $19,305,000 after purchasing an additional 5,128 shares during the period. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Stock Performance

NYSE KFY opened at $69.71 on Monday. Korn/Ferry International has a 1-year low of $59.23 and a 1-year high of $80.64. The company has a 50 day moving average of $72.46 and a 200-day moving average of $69.61. 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 firm has a market cap of $3.65 billion, a price-to-earnings ratio of 14.80 and a beta of 1.47.

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

Korn/Ferry International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Friday, September 26th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, September 26th. Korn/Ferry International’s payout ratio is currently 40.76%.

Korn/Ferry International announced that its Board of Directors has approved a share repurchase program on Thursday, September 18th that authorizes the company to buyback $331.40 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 8.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Truist Financial raised 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Korn/Ferry International in a report on Saturday, September 27th. Finally, Wall Street Zen lowered Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 9th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus 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.