Korn/Ferry International $KFY Shares Sold by RBF Capital LLC

RBF Capital LLC lowered its position in Korn/Ferry International (NYSE:KFY) by 38.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,000 shares of the business services provider’s stock after selling 9,327 shares during the quarter. RBF Capital LLC’s holdings in Korn/Ferry International were worth $944,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KFY. Royal Bank of Canada raised its holdings in shares of 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 purchasing an additional 2,112 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 worth $2,073,000 after purchasing an additional 1,009 shares in the last quarter. Millennium Management LLC grew 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 worth $8,464,000 after purchasing an additional 106,076 shares in the last quarter. United Services Automobile Association purchased a new position in Korn/Ferry International in the first quarter valued at $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings 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 valued at $11,704,000 after buying an additional 11,020 shares during the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on KFY. Robert W. Baird lifted their price target on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Truist Financial raised their target price 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. UBS Group boosted their target price on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Finally, Weiss Ratings raised Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Korn/Ferry International presently has a consensus rating of “Moderate Buy” and an average target price of $78.50.

Korn/Ferry International Price Performance

Shares of KFY opened at $84.62 on Thursday. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $85.69. The stock has a market cap of $4.30 billion, a PE ratio of 16.15 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. The firm has a fifty day moving average price of $72.77 and a 200 day moving average price of $67.51.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings data on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $743.35 million. During the same quarter last year, the company posted $1.32 earnings per share. The business’s quarterly 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, sell-side analysts anticipate that Korn/Ferry International will post 5.75 EPS for the current year.

Korn/Ferry International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $2.20 annualized dividend and a yield of 2.6%. Korn/Ferry International’s payout ratio is 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.