American Century Companies Inc. Reduces Stock Position in Korn/Ferry International $KFY

American Century Companies Inc. decreased its stake in shares of Korn/Ferry International (NYSE:KFY) by 41.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,085,946 shares of the business services provider’s stock after selling 782,334 shares during the quarter. American Century Companies Inc. owned about 2.07% of Korn/Ferry International worth $75,995,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ritholtz Wealth Management increased its stake in shares of Korn/Ferry International by 0.8% in the 3rd quarter. Ritholtz Wealth Management now owns 17,657 shares of the business services provider’s stock worth $1,236,000 after acquiring an additional 143 shares during the last quarter. Savant Capital LLC increased its position in Korn/Ferry International by 5.2% during the second quarter. Savant Capital LLC now owns 3,312 shares of the business services provider’s stock worth $243,000 after purchasing an additional 165 shares during the last quarter. GAMMA Investing LLC raised its stake in Korn/Ferry International by 9.3% during the third quarter. GAMMA Investing LLC now owns 1,934 shares of the business services provider’s stock worth $135,000 after purchasing an additional 165 shares during the period. Summit Global Investments boosted its holdings in Korn/Ferry International by 1.0% in the 3rd 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, EverSource Wealth Advisors LLC grew its stake in shares of Korn/Ferry International by 20.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the business services provider’s stock valued at $72,000 after buying an additional 175 shares during the period. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Price Performance

KFY opened at $62.44 on Wednesday. The stock’s 50-day moving average price is $65.70 and its 200 day moving average price is $68.06. Korn/Ferry International has a 12-month low of $58.95 and a 12-month high of $78.50. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of 12.67 and a beta of 1.32. 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. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. The company had revenue of $729.80 million for the quarter, compared to analyst estimates of $705.16 million. During the same period in the prior year, the firm earned $1.21 earnings per share. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. As a group, sell-side analysts expect that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, December 19th were issued a dividend of $0.48 per share. The ex-dividend date was Friday, December 19th. This represents a $1.92 dividend on an annualized basis and a yield of 3.1%. Korn/Ferry International’s dividend payout ratio is 38.95%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Wall Street Zen raised shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday. Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Wednesday, January 28th. Finally, The Goldman Sachs Group decreased their price target on 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. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $78.67.

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.