Teacher Retirement System of Texas Trims Position in Korn/Ferry International $KFY

Teacher Retirement System of Texas trimmed its holdings in Korn/Ferry International (NYSE:KFY) by 7.1% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 27,280 shares of the business services provider’s stock after selling 2,077 shares during the period. Teacher Retirement System of Texas owned 0.05% of Korn/Ferry International worth $2,000,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jane Street Group LLC raised its holdings 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 valued at $13,733,000 after buying 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% during 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 period. Allspring Global Investments Holdings LLC increased its stake in shares of Korn/Ferry International by 7.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,487,048 shares of the business services provider’s stock worth $109,908,000 after acquiring an additional 98,548 shares during the period. Principal Financial Group Inc. increased its stake in shares of Korn/Ferry International by 1.8% during 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 period. Finally, GSA Capital Partners LLP acquired a new position in shares of Korn/Ferry International during the first quarter worth about $732,000. 98.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on KFY shares. Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Friday. Wall Street Zen downgraded shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 9th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Korn/Ferry International presently has an average rating of “Moderate Buy” and a consensus price target of $81.00.

Korn/Ferry International Stock Down 0.7%

KFY stock opened at $64.26 on Tuesday. The company has a market cap of $3.37 billion, a P/E ratio of 13.64 and a beta of 1.47. Korn/Ferry International has a 52 week low of $59.23 and a 52 week high of $80.64. The company’s 50-day moving average price is $71.09 and its 200 day moving average price is $70.27. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.21.

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, topping analysts’ consensus estimates of $1.24 by $0.07. The firm had revenue of $708.61 million for the quarter, compared to the consensus estimate of $688.72 million. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.17 earnings per share. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. On average, research analysts expect that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International announced that its Board of Directors has initiated a stock repurchase 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 buy up to 8.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Korn/Ferry International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, September 26th. Korn/Ferry International’s dividend payout ratio is 40.76%.

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.