Hsbc Holdings PLC Has $708,000 Stake in Korn/Ferry International $KFY

Hsbc Holdings PLC boosted its holdings in Korn/Ferry International (NYSE:KFY) by 241.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,720 shares of the business services provider’s stock after acquiring an additional 7,577 shares during the period. Hsbc Holdings PLC’s holdings in Korn/Ferry International were worth $708,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. IFP Advisors Inc increased its position 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 worth $33,000 after buying an additional 206 shares during the period. Kestra Investment Management LLC boosted its position 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 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% 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 acquiring an additional 400 shares in the last quarter. Clearstead Advisors LLC grew 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 valued at $40,000 after acquiring an additional 607 shares in the last quarter. Finally, Torren Management LLC bought a new position in Korn/Ferry International during the fourth quarter worth about $52,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on KFY. Wall Street Zen cut Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Truist Financial increased their target price on 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 Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Robert W. Baird boosted their price target on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday, June 24th. Finally, UBS Group upped their price objective on shares of Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $78.50.

Korn/Ferry International Price Performance

Korn/Ferry International stock opened at $75.14 on Thursday. The stock’s 50 day moving average is $69.96 and its 200 day moving average is $66.59. Korn/Ferry International has a one year low of $58.95 and a one year high of $78.50. The firm has a market cap of $3.82 billion, a P/E ratio of 14.34 and a beta of 1.21. 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 (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 company had revenue of $768.26 million for the quarter, compared to the consensus estimate of $743.35 million. During the same period in the previous year, the business earned $1.32 EPS. The firm’s revenue 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. As a group, research analysts expect that Korn/Ferry International will post 5.75 EPS for the current year.

Korn/Ferry International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $2.20 annualized dividend and a dividend yield of 2.9%. Korn/Ferry International’s dividend payout ratio is currently 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.