Korn/Ferry International $KFY Shares Bought by Circumference Group LLC

Circumference Group LLC lifted its stake in shares of Korn/Ferry International (NYSE:KFYFree Report) by 20.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 52,900 shares of the business services provider’s stock after acquiring an additional 9,000 shares during the quarter. Korn/Ferry International makes up about 4.1% of Circumference Group LLC’s investment portfolio, making the stock its 12th biggest position. Circumference Group LLC’s holdings in Korn/Ferry International were worth $3,702,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of KFY. Thrivent Financial for Lutherans raised its stake in Korn/Ferry International by 7.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 836,362 shares of the business services provider’s stock worth $58,529,000 after acquiring an additional 56,647 shares in the last quarter. Alps Advisors Inc. acquired a new position in Korn/Ferry International in the third quarter valued at $10,993,000. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Korn/Ferry International by 105.8% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 27,721 shares of the business services provider’s stock worth $1,940,000 after purchasing an additional 14,249 shares during the last quarter. Elo Mutual Pension Insurance Co grew its holdings in shares of Korn/Ferry International by 112.6% during the third quarter. Elo Mutual Pension Insurance Co now owns 31,929 shares of the business services provider’s stock worth $2,234,000 after purchasing an additional 16,913 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its position in shares of Korn/Ferry International by 15.9% during the third quarter. Public Sector Pension Investment Board now owns 204,114 shares of the business services provider’s stock worth $14,284,000 after purchasing an additional 28,069 shares in the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Price Performance

Shares of NYSE:KFY opened at $60.66 on Friday. Korn/Ferry International has a one year low of $58.95 and a one year high of $78.50. The stock has a market capitalization of $3.17 billion, a price-to-earnings ratio of 11.99 and a beta of 1.32. The company has a 50-day simple moving average of $65.08 and a 200-day simple moving average of $67.46. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.14 and a current ratio of 2.01.

Korn/Ferry International (NYSE:KFYGet Free Report) last released its quarterly earnings results on Monday, March 9th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. The firm had revenue of $725.04 million for the quarter, compared to analyst estimates of $692.45 million. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $1.19 earnings per share. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. On average, analysts predict that Korn/Ferry International will post 4.75 EPS for the current year.

Korn/Ferry International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 27th will be paid a $0.55 dividend. This is an increase from Korn/Ferry International’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 27th. This represents a $2.20 annualized dividend and a dividend yield of 3.6%. Korn/Ferry International’s dividend payout ratio (DPR) is 43.48%.

Wall Street Analyst Weigh In

KFY has been the subject of several research reports. Truist Financial reduced their target price on Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, March 10th. Weiss Ratings downgraded Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. The Goldman Sachs Group cut 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. Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Finally, UBS Group decreased their price objective on Korn/Ferry International from $72.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Korn/Ferry International has an average rating of “Moderate Buy” and an average target price of $71.33.

View Our Latest Report on KFY

Korn/Ferry International Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Korn/Ferry International (NYSE:KFY)

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