Korn/Ferry International $KFY Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its holdings in shares of Korn/Ferry International (NYSE:KFY) by 0.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,115,052 shares of the business services provider’s stock after selling 45,622 shares during the period. Vanguard Group Inc. owned about 11.67% of Korn/Ferry International worth $427,931,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. 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 purchasing an additional 56,647 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Korn/Ferry International by 105.8% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 27,721 shares of the business services provider’s stock valued at $1,940,000 after buying an additional 14,249 shares during the last quarter. Alps Advisors Inc. acquired a new stake in Korn/Ferry International in the third quarter valued at $10,993,000. Public Sector Pension Investment Board lifted its holdings in Korn/Ferry International by 15.9% during the 3rd quarter. Public Sector Pension Investment Board now owns 204,114 shares of the business services provider’s stock worth $14,284,000 after buying an additional 28,069 shares during the last quarter. Finally, AlphaQuest LLC boosted its position in shares of Korn/Ferry International by 268.4% during the 3rd quarter. AlphaQuest LLC now owns 57,210 shares of the business services provider’s stock worth $4,004,000 after acquiring an additional 41,680 shares in the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Wall Street Analysts Forecast Growth

KFY has been the topic of a number of research analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Korn/Ferry International in a report on Wednesday, January 28th. Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, The Goldman Sachs Group cut their price target on shares of 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 investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $78.67.

Korn/Ferry International Price Performance

Shares of NYSE:KFY opened at $60.01 on Thursday. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $78.50. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 12.17 and a beta of 1.35. The business’s 50 day simple moving average is $66.12 and its 200-day simple moving average is $68.37. 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 (NYSE:KFY) last issued its quarterly earnings data on Tuesday, December 9th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 14.53% and a net margin of 9.21%.Korn/Ferry International’s revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm 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 analysts forecast that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, December 19th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, December 19th. Korn/Ferry International’s dividend payout ratio is currently 38.95%.

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.