Pacer Advisors Inc. Acquires 33,335 Shares of Korn/Ferry International $KFY

Pacer Advisors Inc. increased its holdings in Korn/Ferry International (NYSE:KFY) by 21.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 186,359 shares of the business services provider’s stock after acquiring an additional 33,335 shares during the period. Pacer Advisors Inc.’s holdings in Korn/Ferry International were worth $11,731,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. IFP Advisors Inc boosted its stake in Korn/Ferry International by 69.4% during the 4th quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 206 shares during the last quarter. Clearstead Advisors LLC raised its stake in shares of Korn/Ferry International by 30,350.0% in the fourth quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after purchasing an additional 607 shares during the last quarter. Kestra Investment Management LLC lifted its holdings in shares of Korn/Ferry International by 71.8% in the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 242 shares in the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Korn/Ferry International by 200.0% in the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 400 shares in the last quarter. Finally, Torren Management LLC purchased a new position in shares of Korn/Ferry International during the fourth quarter valued at approximately $52,000. Institutional investors own 98.82% of the company’s stock.

Analyst Ratings Changes

KFY has been the subject of several recent research reports. Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Truist Financial lifted their price objective on shares of Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Weiss Ratings upgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. UBS Group increased their target price on shares of Korn/Ferry International from $70.00 to $75.00 and gave the company a “neutral” rating in a report on Wednesday, June 24th. Finally, Robert W. Baird boosted their price target on shares of Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. Four investment 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 a consensus target price of $78.50.

Korn/Ferry International Stock Performance

Shares of Korn/Ferry International stock opened at $83.28 on Wednesday. The business’s fifty day simple moving average is $73.96 and its 200 day simple moving average is $67.92. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $85.69. The firm has a market capitalization of $4.24 billion, a P/E ratio of 15.89 and a beta of 1.19.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.The firm had revenue of $768.26 million during the quarter, compared to the consensus estimate of $743.35 million. During the same quarter in the prior year, the company earned $1.32 EPS. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. As a group, analysts anticipate that Korn/Ferry International will post 5.75 EPS for the current year.

Korn/Ferry International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Monday, July 6th were given a dividend of $0.55 per share. The ex-dividend date was Monday, July 6th. This represents a $2.20 annualized dividend and a yield of 2.6%. Korn/Ferry International’s dividend payout ratio is presently 41.98%.

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.