Korn/Ferry International $KFY Stock: Leeward Investments LLC MA Reduces Stake

Leeward Investments LLC MA lowered its position in Korn/Ferry International (NYSE:KFY) by 5.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 274,449 shares of the business services provider’s stock after selling 16,563 shares during the quarter. Leeward Investments LLC MA owned approximately 0.50% of Korn/Ferry International worth $19,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Signaturefd LLC raised its stake in shares of Korn/Ferry International by 97.1% during the third quarter. Signaturefd LLC now owns 2,093 shares of the business services provider’s stock worth $150,000 after acquiring an additional 1,031 shares in the last quarter. Vest Financial LLC lifted its holdings in shares of Korn/Ferry International by 89.5% in the 3rd quarter. Vest Financial LLC now owns 50,870 shares of the business services provider’s stock worth $3,642,000 after acquiring an additional 24,028 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Korn/Ferry International by 18.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 5,002 shares of the business services provider’s stock worth $361,000 after acquiring an additional 779 shares during the last quarter. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of Korn/Ferry International in the 3rd quarter valued at $25,000. Finally, Ifrah Financial Services Inc. boosted its stake in shares of Korn/Ferry International by 17.8% in the 3rd quarter. Ifrah Financial Services Inc. now owns 4,238 shares of the business services provider’s stock valued at $303,000 after purchasing an additional 639 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Analysts Set New Price Targets

KFY has been the topic of several recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Korn/Ferry International in a report on Friday, September 18th. UBS Group lifted their target price on shares of Korn/Ferry International from $75.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday, September 10th. Finally, Wall Street Zen downgraded shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Korn/Ferry International presently has an average rating of “Moderate Buy” and an average target price of $80.25.

Korn/Ferry International Price Performance

KFY opened at $78.34 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.37. The stock’s 50 day simple moving average is $77.61 and its 200 day simple moving average is $73.80. The firm has a market cap of $4.27 billion, a price-to-earnings ratio of 14.78 and a beta of 1.25. Korn/Ferry International has a 1 year low of $58.95 and a 1 year high of $87.51.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data on Wednesday, September 9th. The business services provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.07. Korn/Ferry International had a return on equity of 14.43% and a net margin of 9.36%. The firm had revenue of $764.62 million during the quarter, compared to the consensus estimate of $737.66 million. During the same quarter in the previous year, the company posted $1.26 earnings per share. The business’s revenue was up 6.9% on a year-over-year basis. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. As a group, analysts predict that Korn/Ferry International will post 5.63 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Tuesday, September 22nd were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 22nd. Korn/Ferry International’s payout ratio is presently 41.51%.

Korn/Ferry International Profile

Korn Ferry is a global organizational consulting firm that helps companies and other institutions align their people, strategy and operations. Its services are designed to support organizations across the employee lifecycle, from attracting and selecting talent to developing leaders, improving performance and managing organizational change.

The company’s principal offerings include executive search and professional recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, executive coaching, compensation and rewards consulting, and broader organizational strategy.