US Bancorp DE Sells 2,073 Shares of Korn/Ferry International $KFY

US Bancorp DE lowered its position in shares of Korn/Ferry International (NYSE:KFY) by 7.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,103 shares of the business services provider’s stock after selling 2,073 shares during the quarter. US Bancorp DE’s holdings in Korn/Ferry International were worth $1,841,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. CX Institutional purchased a new position in Korn/Ferry International during the first quarter valued at approximately $39,000. Caitong International Asset Management Co. Ltd purchased a new position in Korn/Ferry International during the first quarter valued at approximately $62,000. Quarry LP lifted its holdings in Korn/Ferry International by 193.6% during the first quarter. Quarry LP now owns 1,518 shares of the business services provider’s stock valued at $103,000 after purchasing an additional 1,001 shares in the last quarter. Headlands Technologies LLC purchased a new position in Korn/Ferry International during the first quarter valued at approximately $105,000. Finally, GAMMA Investing LLC lifted its holdings in Korn/Ferry International by 11.4% during the first quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider’s stock valued at $131,000 after purchasing an additional 199 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Wall Street Analysts Forecast Growth

KFY has been the topic of several analyst reports. Wall Street Zen downgraded shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Korn/Ferry International in a report on Wednesday, October 8th. Finally, Truist Financial boosted their target price on shares of Korn/Ferry International from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Friday, June 20th. Two equities research analysts have rated the stock with a Buy rating and one has 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 $81.00.

Korn/Ferry International Trading Down 0.6%

Shares of KFY opened at $69.35 on Thursday. The company’s fifty day moving average is $72.29 and its 200 day moving average is $69.69. Korn/Ferry International has a fifty-two week low of $59.23 and a fifty-two week high of $80.64. The stock has a market capitalization of $3.63 billion, a PE ratio of 14.72 and a beta of 1.47. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.21 and a current ratio of 2.21.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.07. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The company had revenue of $708.61 million for the quarter, compared to analysts’ expectations of $688.72 million. During the same quarter in the previous year, the business posted $1.17 earnings per share. Korn/Ferry International’s quarterly revenue was up 4.8% on a year-over-year basis. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. Sell-side analysts expect that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International announced that its Board of Directors has authorized a stock buyback plan on Thursday, September 18th that permits the company to repurchase $331.40 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 8.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th were paid a $0.48 dividend. The ex-dividend date of this dividend was Friday, September 26th. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. Korn/Ferry International’s dividend payout ratio is currently 40.76%.

About Korn/Ferry International

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.