Mutual of America Capital Management LLC Reduces Stock Holdings in Korn/Ferry International $KFY

Mutual of America Capital Management LLC trimmed its holdings in shares of Korn/Ferry International (NYSE:KFY) by 11.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,634 shares of the business services provider’s stock after selling 878 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Korn/Ferry International were worth $486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KFY. CX Institutional lifted its position in Korn/Ferry International by 45.4% during the 2nd quarter. CX Institutional now owns 839 shares of the business services provider’s stock worth $62,000 after acquiring an additional 262 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Korn/Ferry International in the 1st quarter valued at about $62,000. Blue Trust Inc. lifted its holdings in shares of Korn/Ferry International by 21.1% in the 2nd quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock valued at $69,000 after buying an additional 163 shares during the period. Quarry LP lifted its holdings in shares of Korn/Ferry International by 193.6% in the 1st quarter. Quarry LP now owns 1,518 shares of the business services provider’s stock valued at $103,000 after buying an additional 1,001 shares during the period. Finally, Headlands Technologies LLC acquired a new position in shares of Korn/Ferry International in the 1st quarter valued at about $105,000. 98.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Korn/Ferry International in a report on Wednesday, October 8th. Wall Street Zen cut Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 9th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Korn/Ferry International currently has a consensus rating of “Moderate Buy” and an average price target of $81.00.

Korn/Ferry International Price Performance

KFY stock opened at $70.27 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.21 and a quick ratio of 2.21. The business has a 50 day simple moving average of $71.85 and a 200-day simple moving average of $70.14. The firm has a market capitalization of $3.68 billion, a PE ratio of 14.92 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.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $688.72 million. During the same period in the prior year, the business earned $1.17 earnings per share. The business’s revenue was up 4.8% compared to the same quarter last year. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. Equities research analysts anticipate that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Friday, September 26th. Korn/Ferry International’s dividend payout ratio is 40.76%.

Korn/Ferry International declared that its board has approved a share repurchase program on Thursday, September 18th that permits the company to buyback $331.40 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 8.7% of its stock through open market purchases. Stock buyback programs are usually a sign 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.