Leeward Investments LLC MA Raises Stake in Korn/Ferry International $KFY

Leeward Investments LLC MA increased its stake in Korn/Ferry International (NYSE:KFY) by 42.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 297,054 shares of the business services provider’s stock after buying an additional 89,244 shares during the period. Leeward Investments LLC MA owned 0.57% of Korn/Ferry International worth $18,700,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KFY. Royal Bank of Canada boosted its position in Korn/Ferry International by 22.7% in the 1st quarter. Royal Bank of Canada now owns 11,413 shares of the business services provider’s stock valued at $775,000 after buying an additional 2,112 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Korn/Ferry International by 3.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock valued at $2,073,000 after acquiring an additional 1,009 shares in the last quarter. Millennium Management LLC raised its stake in shares of Korn/Ferry International by 566.9% during the first quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock valued at $8,464,000 after acquiring an additional 106,076 shares in the last quarter. United Services Automobile Association purchased a new stake in shares of Korn/Ferry International in the first quarter valued at approximately $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Korn/Ferry International by 6.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 172,556 shares of the business services provider’s stock worth $11,704,000 after purchasing an additional 11,020 shares in the last quarter. Institutional investors own 98.82% of the company’s stock.

Analyst Ratings Changes

KFY has been the topic of several research reports. Truist Financial raised their price objective on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. UBS Group raised their price target on Korn/Ferry International from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Finally, Weiss Ratings upgraded Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $74.67.

Korn/Ferry International Stock Performance

Shares of NYSE:KFY opened at $71.97 on Wednesday. The company has a market capitalization of $3.73 billion, a price-to-earnings ratio of 14.22 and a beta of 1.21. Korn/Ferry International has a 52 week low of $58.95 and a 52 week high of $78.50. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average of $68.21 and a 200 day moving average of $66.17.

Korn/Ferry International (NYSE:KFY) last announced its earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.03. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The business had revenue of $768.26 million for the quarter, compared to analysts’ expectations of $743.35 million. During the same quarter last year, the firm earned $1.32 EPS. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. On average, sell-side analysts predict that Korn/Ferry International will post 5.29 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, July 6th. Korn/Ferry International’s payout ratio is 43.48%.

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.