Maryland State Retirement & Pension System Reduces Position in Korn/Ferry International $KFY

Maryland State Retirement & Pension System decreased its position in shares of Korn/Ferry International (NYSE:KFY) by 50.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,525 shares of the business services provider’s stock after selling 7,653 shares during the period. Maryland State Retirement & Pension System’s holdings in Korn/Ferry International were worth $527,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of KFY. Kestra Investment Management LLC grew its position 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 acquiring an additional 242 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake 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 purchasing an additional 400 shares during the period. CX Institutional boosted its stake in 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 during the period. EverSource Wealth Advisors LLC grew its position in 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. increased its stake in Korn/Ferry International by 21.1% in the second quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock valued at $69,000 after purchasing an additional 163 shares during the period. 98.82% of the stock is owned by institutional investors and hedge funds.

Korn/Ferry International Trading Up 1.5%

Shares of Korn/Ferry International stock opened at $68.85 on Friday. The firm has a market cap of $3.59 billion, a price-to-earnings ratio of 13.97 and a beta of 1.33. Korn/Ferry International has a 52-week low of $59.23 and a 52-week high of $78.50. The company’s 50-day simple moving average is $66.76 and its 200-day simple moving average is $69.71. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.20.

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 analysts’ consensus estimates of $1.31 by $0.02. Korn/Ferry International had a return on equity of 14.53% and a net margin of 9.21%.The company had revenue of $729.80 million for the quarter, compared to analyst estimates of $705.16 million. During the same quarter in the previous year, the company earned $1.21 EPS. The firm’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, equities research analysts anticipate that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders 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 annualized dividend and a yield of 2.8%. Korn/Ferry International’s dividend payout ratio is presently 38.95%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Wall Street Zen upgraded 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 reduced their price objective on 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. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Friday, October 31st. 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, the company presently has an average rating of “Moderate Buy” and an average target price 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.