Intech Investment Management LLC Has $2.04 Million Position in Korn/Ferry International $KFY

Intech Investment Management LLC cut its stake in shares of Korn/Ferry International (NYSE:KFY) by 29.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,895 shares of the business services provider’s stock after selling 13,188 shares during the quarter. Intech Investment Management LLC’s holdings in Korn/Ferry International were worth $2,040,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings in Korn/Ferry International by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 1,262,737 shares of the business services provider’s stock worth $83,378,000 after buying an additional 12,882 shares during the period. Clearstead Advisors LLC lifted its holdings in Korn/Ferry International by 30,350.0% during the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after buying an additional 607 shares during the period. William Blair Investment Management LLC lifted its holdings in Korn/Ferry International by 4.2% during the 4th quarter. William Blair Investment Management LLC now owns 414,465 shares of the business services provider’s stock worth $27,363,000 after buying an additional 16,821 shares during the period. Jefferies Financial Group Inc. acquired a new position in Korn/Ferry International during the 4th quarter worth about $1,288,000. Finally, MQS Management LLC acquired a new position in Korn/Ferry International during the 4th quarter worth about $677,000. 98.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on KFY. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Truist Financial dropped their price objective on Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. Weiss Ratings raised Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, UBS Group boosted their price objective on Korn/Ferry International from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

Korn/Ferry International Stock Down 2.6%

Shares of NYSE:KFY opened at $69.48 on Thursday. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 13.73 and a beta of 1.21. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.01 and a quick ratio of 2.01. The business’s 50-day moving average is $65.69 and its 200-day moving average is $65.48. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $78.50.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Monday, March 9th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. The company had revenue of $725.04 million for the quarter, compared to the consensus estimate of $692.45 million. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The firm’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.19 EPS. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. Equities research analysts predict that Korn/Ferry International will post 5.29 earnings per share for the current year.

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.