Short Interest in Korn/Ferry International (NYSE:KFY) Increases By 47.7%

Korn/Ferry International (NYSE:KFY) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,458,453 shares, an increase of 47.7% from the January 29th total of 987,210 shares. Based on an average daily volume of 571,035 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.8% of the shares of the company are sold short. Approximately 2.8% of the shares of the company are sold short. Based on an average daily volume of 571,035 shares, the days-to-cover ratio is currently 2.6 days.

Analysts Set New Price Targets

A number of research firms have recently commented on KFY. The Goldman Sachs Group dropped their price objective on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a report on Wednesday, January 28th. Finally, Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Korn/Ferry International presently has a consensus rating of “Moderate Buy” and an average price target of $78.67.

Institutional Investors Weigh In On Korn/Ferry International

A number of hedge funds and other institutional investors have recently bought and sold shares of KFY. IFP Advisors Inc boosted its stake in Korn/Ferry International by 69.4% in the fourth quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock worth $33,000 after purchasing an additional 206 shares in the last quarter. Kestra Investment Management LLC raised its holdings in Korn/Ferry International by 71.8% during the 2nd quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after purchasing an additional 242 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in Korn/Ferry International by 200.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 400 shares during the period. Clearstead Advisors LLC grew its position in shares of Korn/Ferry International by 30,350.0% during the 4th quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after buying an additional 607 shares during the period. Finally, Federated Hermes Inc. raised its stake in shares of Korn/Ferry International by 160.4% during the third quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock worth $46,000 after buying an additional 409 shares during the last quarter. 98.82% of the stock is owned by institutional investors and hedge funds.

Korn/Ferry International Price Performance

Shares of NYSE:KFY traded down $0.28 during midday trading on Friday, reaching $62.65. 553,836 shares of the company’s stock were exchanged, compared to its average volume of 537,619. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.14 and a current ratio of 2.14. The company’s 50 day simple moving average is $65.88 and its two-hundred day simple moving average is $68.25. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $78.50. The firm has a market capitalization of $3.27 billion, a PE ratio of 12.71 and a beta of 1.35.

Korn/Ferry International (NYSE:KFY) last posted its earnings results on Tuesday, December 9th. The business services provider reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.02. The business had revenue of $729.80 million for the quarter, compared to analysts’ expectations of $705.16 million. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.21 earnings per share. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. Equities research analysts expect that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, December 19th were paid a $0.48 dividend. The ex-dividend date was Friday, December 19th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.1%. Korn/Ferry International’s payout ratio is 38.95%.

About Korn/Ferry International

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.