Tidal Investments LLC grew its holdings in Korn/Ferry International (NYSE:KFY – Free Report) by 27.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 312,031 shares of the business services provider’s stock after buying an additional 67,495 shares during the quarter. Tidal Investments LLC’s holdings in Korn/Ferry International were worth $20,775,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the business. California State Teachers Retirement System increased its holdings in Korn/Ferry International by 6,374.4% during the second quarter. California State Teachers Retirement System now owns 3,995,532 shares of the business services provider’s stock valued at $266,023,000 after buying an additional 3,933,819 shares during the period. Wellington Management Group LLP lifted its holdings in Korn/Ferry International by 48.3% during the third quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider’s stock worth $243,221,000 after buying an additional 1,132,473 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Korn/Ferry International by 4.3% during the first quarter. Dimensional Fund Advisors LP now owns 3,003,385 shares of the business services provider’s stock worth $189,065,000 after buying an additional 122,669 shares during the period. State Street Corp boosted its position in Korn/Ferry International by 1.6% during the 4th quarter. State Street Corp now owns 2,000,452 shares of the business services provider’s stock valued at $132,933,000 after acquiring an additional 31,175 shares in the last quarter. Finally, Invesco Ltd. boosted its position in Korn/Ferry International by 1.1% during the 3rd quarter. Invesco Ltd. now owns 1,493,922 shares of the business services provider’s stock valued at $104,545,000 after acquiring an additional 16,519 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.
Trending Headlines about Korn/Ferry International
Here are the key news stories impacting Korn/Ferry International this week:
- Positive Sentiment: Korn/Ferry reported fiscal Q1 2027 adjusted EPS of $1.43, above the approximately $1.35–$1.36 analyst consensus, while revenue rose 6.9% year over year to about $764.6 million, exceeding expectations of $737.7 million. The quarter marked the company’s sixth consecutive period of revenue growth. Korn Ferry Announces First Quarter Fiscal 2027 Results
- Positive Sentiment: UBS raised its price target for KFY from $75 to $82 while maintaining a Neutral rating. The higher target reflects some recognition of the company’s earnings execution, although UBS still sees limited upside from current levels. UBS price target update
- Positive Sentiment: The board declared a quarterly dividend of $0.55 per share, payable October 15 to shareholders of record September 22. The dividend provides an annualized yield of roughly 2.7% and may support investor interest in the stock.
- Neutral Sentiment: Value-focused commentary from Zacks suggests investors may be undervaluing Korn/Ferry based on value, growth and momentum factors, but it does not represent a new earnings or operating catalyst. Are Investors Undervaluing Korn/Ferry International?
- Negative Sentiment: Korn/Ferry forecast fiscal Q2 2027 adjusted EPS of $1.30–$1.40, below the $1.45 consensus estimate. This weaker outlook overshadowed the first-quarter beat and is the main reason investors are selling the shares.
Korn/Ferry International Trading Down 3.8%
Korn/Ferry International (NYSE:KFY – Get Free Report) last issued its quarterly earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.07. Korn/Ferry International had a return on equity of 14.43% and a net margin of 9.36%.The business had revenue of $764.62 million during the quarter, compared to the consensus estimate of $737.66 million. During the same quarter last year, the company earned $1.26 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. On average, research analysts predict that Korn/Ferry International will post 6.04 earnings per share for the current fiscal year.
Korn/Ferry International Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 22nd will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 22nd. Korn/Ferry International’s payout ratio is currently 41.98%.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Truist Financial boosted their price target on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Saturday, September 5th. Robert W. Baird boosted their target price 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. UBS Group increased their price target on shares of Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Weiss Ratings upgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $80.25.
Get Our Latest Stock Analysis on Korn/Ferry International
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.
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