39,089 Shares in Korn/Ferry International $KFY Bought by Congress Asset Management Co.

Congress Asset Management Co. bought a new position in shares of Korn/Ferry International (NYSE:KFY) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 39,089 shares of the business services provider’s stock, valued at approximately $2,735,000. Congress Asset Management Co. owned approximately 0.07% of Korn/Ferry International as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the company. Kestra Investment Management LLC grew its stake in Korn/Ferry International by 71.8% in the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 242 shares during the last quarter. Canada Pension Plan Investment Board grew its position in shares of Korn/Ferry International by 200.0% in the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 400 shares during the last quarter. CX Institutional increased its stake in shares of 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 purchasing an additional 262 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Korn/Ferry International by 84.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 854 shares of the business services provider’s stock worth $63,000 after purchasing an additional 390 shares during the last quarter. Finally, Blue Trust Inc. raised its position in shares of Korn/Ferry International by 21.1% during the 2nd quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock worth $69,000 after purchasing an additional 163 shares during the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on KFY shares. Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Friday, October 31st. Finally, The Goldman Sachs Group cut their target price on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a research note on Friday, November 21st. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $78.67.

Korn/Ferry International Stock Performance

Korn/Ferry International stock opened at $67.03 on Tuesday. The stock has a fifty day moving average price of $66.84 and a 200 day moving average price of $70.34. Korn/Ferry International has a 52 week low of $59.23 and a 52 week high of $78.50. The firm has a market capitalization of $3.50 billion, a P/E ratio of 13.60 and a beta of 1.34. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.20.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings results on Tuesday, December 9th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.02. The firm had revenue of $729.80 million for the quarter, compared to analyst estimates of $705.16 million. Korn/Ferry International had a return on equity of 14.53% and a net margin of 9.21%.The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the company earned $1.21 EPS. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. Equities research analysts anticipate that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International declared that its Board of Directors has authorized a stock repurchase program 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 purchase up to 8.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

Korn/Ferry International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, December 19th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, December 19th. Korn/Ferry International’s dividend payout ratio (DPR) is 38.95%.

Korn/Ferry International Company Profile

Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company’s core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.

Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.