Allianz Asset Management GmbH Purchases 32,086 Shares of Korn/Ferry International $KFY

Allianz Asset Management GmbH increased its holdings in Korn/Ferry International (NYSE:KFY) by 10.1% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 349,586 shares of the business services provider’s stock after buying an additional 32,086 shares during the period. Allianz Asset Management GmbH owned 0.67% of Korn/Ferry International worth $24,464,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in KFY. Thrivent Financial for Lutherans raised its holdings in shares of Korn/Ferry International by 7.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 836,362 shares of the business services provider’s stock valued at $58,529,000 after acquiring an additional 56,647 shares in the last quarter. Arizona State Retirement System increased its position in shares of Korn/Ferry International by 1.9% in the third quarter. Arizona State Retirement System now owns 15,364 shares of the business services provider’s stock worth $1,075,000 after purchasing an additional 292 shares during the last quarter. AlphaQuest LLC raised its stake in Korn/Ferry International by 268.4% in the third quarter. AlphaQuest LLC now owns 57,210 shares of the business services provider’s stock valued at $4,004,000 after purchasing an additional 41,680 shares in the last quarter. Summit Global Investments lifted its position in Korn/Ferry International by 1.0% during the third quarter. Summit Global Investments now owns 16,716 shares of the business services provider’s stock valued at $1,170,000 after purchasing an additional 168 shares during the last quarter. Finally, New York State Common Retirement Fund grew its stake in Korn/Ferry International by 7.5% in the 3rd quarter. New York State Common Retirement Fund now owns 18,855 shares of the business services provider’s stock worth $1,319,000 after buying an additional 1,315 shares in the last quarter. 98.82% of the stock is currently owned by hedge funds and other institutional investors.

Korn/Ferry International Trading Up 1.9%

Shares of KFY stock opened at $68.03 on Friday. The business has a 50-day moving average of $67.47 and a 200 day moving average of $69.26. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.14 and a quick ratio of 2.14. Korn/Ferry International has a 1-year low of $59.23 and a 1-year high of $78.50. The stock has a market capitalization of $3.55 billion, a PE ratio of 13.80 and a beta of 1.35.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Tuesday, December 9th. The business services provider reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.02. The firm had revenue of $729.80 million during the quarter, compared to the consensus estimate of $705.16 million. Korn/Ferry International had a return on equity of 14.53% and a net margin of 9.21%.The business’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.21 earnings per share. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. As a group, sell-side analysts anticipate that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, December 19th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, December 19th. Korn/Ferry International’s dividend payout ratio (DPR) is 38.95%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Wednesday, January 28th. Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Finally, The Goldman Sachs Group cut their price objective on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a report on Friday, November 21st. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Korn/Ferry International currently has an average rating of “Moderate Buy” and an average price target of $78.67.

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.