MQS Management LLC Purchases New Stake in Korn/Ferry International $KFY

MQS Management LLC purchased a new stake in Korn/Ferry International (NYSE:KFY) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,258 shares of the business services provider’s stock, valued at approximately $677,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Summit Global Investments grew its position in Korn/Ferry International by 1.0% in the third quarter. Summit Global Investments now owns 16,716 shares of the business services provider’s stock valued at $1,170,000 after acquiring an additional 168 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Korn/Ferry International by 20.5% in the third quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the business services provider’s stock valued at $72,000 after acquiring an additional 175 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Korn/Ferry International by 3.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,583 shares of the business services provider’s stock valued at $369,000 after acquiring an additional 178 shares during the last quarter. Vise Technologies Inc. grew its position in Korn/Ferry International by 2.9% in the third quarter. Vise Technologies Inc. now owns 6,378 shares of the business services provider’s stock valued at $446,000 after acquiring an additional 179 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in Korn/Ferry International by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,013 shares of the business services provider’s stock valued at $793,000 after acquiring an additional 200 shares during the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KFY. Truist Financial decreased their target price on Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating on the stock in a research report on Tuesday, March 10th. Weiss Ratings cut Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. UBS Group lifted their target price on Korn/Ferry International from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, April 9th. Finally, Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.00.

Korn/Ferry International Stock Performance

NYSE:KFY opened at $68.14 on Friday. The stock has a market cap of $3.54 billion, a P/E ratio of 13.47 and a beta of 1.22. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.20. The stock’s 50-day moving average is $64.35 and its 200-day moving average is $65.22. 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 released its quarterly earnings results on Monday, March 9th. The business services provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.04. The company had revenue of $725.04 million for the quarter, compared to analysts’ expectations of $692.45 million. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.19 earnings per share. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. Equities research analysts anticipate that Korn/Ferry International will post 5.29 earnings per share for the current year.

Korn/Ferry International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 3.2%. This is an increase from Korn/Ferry International’s previous quarterly dividend of $0.48. The ex-dividend date was Friday, March 27th. Korn/Ferry International’s dividend payout ratio (DPR) is presently 43.48%.

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.