Alps Advisors Inc. Purchases New Shares in Korn/Ferry International $KFY

Alps Advisors Inc. acquired a new position in shares of Korn/Ferry International (NYSE:KFY) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 157,092 shares of the business services provider’s stock, valued at approximately $10,993,000. Alps Advisors Inc. owned about 0.30% of Korn/Ferry International as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in KFY. Kestra Investment Management LLC grew its holdings in shares of Korn/Ferry International by 71.8% during the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after buying an additional 242 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in Korn/Ferry International by 200.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after acquiring an additional 400 shares during the period. Federated Hermes Inc. grew its stake in shares of Korn/Ferry International by 160.4% in the 3rd quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 409 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Korn/Ferry International by 84.1% during the second 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 stake in shares of Korn/Ferry International by 21.1% during the second 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. 98.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Wall Street Zen raised shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. The Goldman Sachs Group dropped their price target on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Korn/Ferry International in a report on Wednesday, January 28th. Three research 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, Korn/Ferry International has an average rating of “Moderate Buy” and an average price target of $78.67.

Korn/Ferry International Trading Up 1.9%

Shares of KFY opened at $68.03 on Monday. Korn/Ferry International has a twelve month low of $59.23 and a twelve month high of $78.50. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $3.55 billion, a P/E ratio of 13.80 and a beta of 1.35. The firm’s 50-day moving average is $67.47 and its two-hundred day moving average is $69.19.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings results on Tuesday, December 9th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.02. The company had revenue of $729.80 million during the quarter, compared to the consensus estimate of $705.16 million. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period last year, the firm earned $1.21 EPS. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. On average, research analysts predict 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 Thursday, January 15th. Stockholders of record on Friday, December 19th were given a $0.48 dividend. The ex-dividend date was Friday, December 19th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.8%. Korn/Ferry International’s dividend payout ratio (DPR) is currently 38.95%.

About Korn/Ferry International

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.