Neumeier Poma Investment Counsel LLC Takes $26.72 Billion Position in Korn/Ferry International $KFY

Neumeier Poma Investment Counsel LLC purchased a new position in Korn/Ferry International (NYSE:KFY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 401,362 shares of the business services provider’s stock, valued at approximately $26,722,682,000. Korn/Ferry International makes up about 1.8% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 28th biggest position. Neumeier Poma Investment Counsel LLC owned approximately 0.78% of Korn/Ferry International at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. IFP Advisors Inc grew its stake in Korn/Ferry International by 69.4% during the fourth quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 206 shares in the last quarter. Clearstead Advisors LLC lifted its stake in Korn/Ferry International by 30,350.0% in the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after purchasing an additional 607 shares in the last quarter. Kestra Investment Management LLC lifted its stake in Korn/Ferry International by 71.8% in the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after purchasing an additional 242 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Korn/Ferry International by 200.0% in the 2nd 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 during the period. Finally, Torren Management LLC bought a new position in Korn/Ferry International in the 4th quarter valued at $52,000. 98.82% of the stock is currently owned by institutional investors.

Korn/Ferry International Price Performance

KFY stock opened at $85.17 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 1.94. Korn/Ferry International has a one year low of $58.95 and a one year high of $85.97. The stock has a market cap of $4.37 billion, a PE ratio of 16.25 and a beta of 1.19. The firm has a 50 day simple moving average of $77.13 and a two-hundred day simple moving average of $69.36.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.03. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The firm had revenue of $768.26 million for the quarter, compared to analyst estimates of $743.35 million. During the same quarter in the prior year, the firm earned $1.32 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. On average, analysts predict that Korn/Ferry International will post 5.75 EPS for the current fiscal year.

Korn/Ferry International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Monday, July 6th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, July 6th. Korn/Ferry International’s dividend payout ratio is currently 41.98%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KFY. Robert W. Baird upped 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. Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. UBS Group boosted their target price on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Truist Financial upped their target price on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Finally, Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $78.50.

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.