Korn/Ferry International $KFY Shares Acquired by Olstein Capital Management L.P.

Olstein Capital Management L.P. lifted its holdings in Korn/Ferry International (NYSE:KFY) by 18.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,950 shares of the business services provider’s stock after buying an additional 11,950 shares during the quarter. Olstein Capital Management L.P. owned 0.15% of Korn/Ferry International worth $5,080,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KFY. Kestra Investment Management LLC lifted its holdings in 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 acquiring an additional 242 shares during the period. Canada Pension Plan Investment Board grew its stake in shares of Korn/Ferry International by 200.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after purchasing an additional 400 shares during the period. Federated Hermes Inc. increased its holdings in shares of Korn/Ferry International by 160.4% in the 3rd quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 409 shares in the last quarter. Torren Management LLC acquired a new stake in shares of Korn/Ferry International in the fourth quarter valued at about $52,000. Finally, Danske Bank A S acquired a new position in Korn/Ferry International during the third quarter worth about $56,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Analyst Ratings Changes

KFY has been the subject of a number of research reports. Wall Street Zen upgraded shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. UBS Group upped their price target on Korn/Ferry International from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Weiss Ratings downgraded Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 13th. Finally, Truist Financial reduced their price objective 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. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

Korn/Ferry International Stock Performance

Shares of NYSE KFY opened at $67.14 on Friday. The company has a 50-day simple moving average of $63.65 and a 200-day simple moving average of $65.43. 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 company has a market cap of $3.48 billion, a PE ratio of 13.27 and a beta of 1.22. Korn/Ferry International has a 12 month low of $58.95 and a 12 month 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 the consensus estimate of $1.24 by $0.04. Korn/Ferry International had a net margin of 9.29% and a return on equity of 14.36%. The business had revenue of $725.04 million for the quarter, compared to the consensus estimate of $692.45 million. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.19 earnings per share. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. On average, equities analysts anticipate that Korn/Ferry International will post 5.29 earnings per share for the current year.

Korn/Ferry International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 27th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.3%. This is a boost from Korn/Ferry International’s previous quarterly dividend of $0.48. Korn/Ferry International’s dividend payout ratio is currently 43.48%.

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.