Elo Mutual Pension Insurance Co Buys 16,913 Shares of Korn/Ferry International $KFY

Elo Mutual Pension Insurance Co boosted its position in shares of Korn/Ferry International (NYSE:KFY) by 112.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,929 shares of the business services provider’s stock after buying an additional 16,913 shares during the quarter. Elo Mutual Pension Insurance Co owned approximately 0.06% of Korn/Ferry International worth $2,234,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in KFY. Norges Bank acquired a new position in Korn/Ferry International in the second quarter valued at approximately $46,024,000. Adage Capital Partners GP L.L.C. bought a new position in Korn/Ferry International in the second quarter valued at approximately $32,559,000. Tributary Capital Management LLC boosted its stake in Korn/Ferry International by 92.6% in the 3rd quarter. Tributary Capital Management LLC now owns 611,224 shares of the business services provider’s stock worth $42,773,000 after purchasing an additional 293,789 shares during the period. Bank of America Corp DE boosted its position in shares of Korn/Ferry International by 68.4% during the second quarter. Bank of America Corp DE now owns 665,145 shares of the business services provider’s stock worth $48,775,000 after buying an additional 270,256 shares during the period. Finally, Alps Advisors Inc. acquired a new position in Korn/Ferry International during the 3rd quarter worth approximately $10,993,000. 98.82% of the stock is currently owned by institutional investors and hedge funds.

Korn/Ferry International Stock Performance

Shares of NYSE KFY opened at $63.23 on Thursday. 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 company has a market capitalization of $3.30 billion, a P/E ratio of 12.83 and a beta of 1.32. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $78.50. The stock has a 50 day moving average of $65.63 and a 200-day moving average of $68.03.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings data on Tuesday, December 9th. The business services provider reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.02. The firm had revenue of $729.80 million during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $1.21 earnings per share. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. As a group, equities research analysts predict that Korn/Ferry International will post 4.75 EPS for the current year.

Korn/Ferry International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, December 19th were given a dividend of $0.48 per share. The ex-dividend date was Friday, December 19th. This represents a $1.92 annualized dividend and a yield of 3.0%. Korn/Ferry International’s dividend payout ratio (DPR) is 38.95%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on KFY shares. Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Wednesday, January 28th. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, The Goldman Sachs Group lowered their price target on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. Three 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.67.

Korn/Ferry International 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.