Korn/Ferry International $KFY Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its position in Korn/Ferry International (NYSE:KFY) by 6.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,013 shares of the business services provider’s stock after selling 929 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Korn/Ferry International were worth $954,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of KFY. GAMMA Investing LLC raised its holdings in shares of 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 purchasing an additional 199 shares in the last quarter. CX Institutional acquired a new stake in shares of Korn/Ferry International in the 1st quarter valued at $39,000. Ritholtz Wealth Management raised its holdings in shares of Korn/Ferry International by 311.6% in the 1st quarter. Ritholtz Wealth Management now owns 13,545 shares of the business services provider’s stock valued at $919,000 after purchasing an additional 10,254 shares in the last quarter. QRG Capital Management Inc. raised its holdings in shares of Korn/Ferry International by 4.7% in the 1st quarter. QRG Capital Management Inc. now owns 14,158 shares of the business services provider’s stock valued at $960,000 after purchasing an additional 630 shares in the last quarter. Finally, Institute for Wealth Management LLC. acquired a new stake in shares of Korn/Ferry International in the 1st quarter valued at $223,000. 98.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on KFY. Weiss Ratings restated a “buy (b)” rating on shares of Korn/Ferry International in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 9th. Finally, Truist Financial lifted 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. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $81.00.

Korn/Ferry International Trading Up 0.6%

Shares of Korn/Ferry International stock opened at $69.80 on Wednesday. Korn/Ferry International has a 1 year low of $59.23 and a 1 year 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. The company has a market capitalization of $3.66 billion, a P/E ratio of 14.82 and a beta of 1.47. The company’s fifty day moving average is $72.31 and its two-hundred day moving average is $69.70.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings data on Tuesday, September 9th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.07. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The company had revenue of $708.61 million for the quarter, compared to the consensus estimate of $688.72 million. During the same period last year, the firm posted $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. Analysts forecast that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 26th. Korn/Ferry International’s dividend payout ratio (DPR) is presently 40.76%.

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