Intech Investment Management LLC Sells 13,188 Shares of Korn/Ferry International $KFY

Intech Investment Management LLC decreased its holdings in Korn/Ferry International (NYSE:KFY) by 29.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 30,895 shares of the business services provider’s stock after selling 13,188 shares during the period. Intech Investment Management LLC owned approximately 0.06% of Korn/Ferry International worth $2,040,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of KFY. Wellington Management Group LLP increased its stake in shares of Korn/Ferry International by 48.3% in the 3rd quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider’s stock valued at $243,221,000 after purchasing an additional 1,132,473 shares during the last quarter. Adage Capital Partners GP L.L.C. bought a new position in shares of Korn/Ferry International in the 2nd quarter valued at $32,559,000. Bank of America Corp DE increased its stake in shares of Korn/Ferry International by 68.4% in the 2nd quarter. Bank of America Corp DE now owns 665,145 shares of the business services provider’s stock valued at $48,775,000 after purchasing an additional 270,256 shares during the last quarter. M&T Bank Corp increased its stake in shares of Korn/Ferry International by 5,956.0% in the 4th quarter. M&T Bank Corp now owns 229,884 shares of the business services provider’s stock valued at $15,177,000 after purchasing an additional 226,088 shares during the last quarter. Finally, Millennium Management LLC increased its stake in shares of Korn/Ferry International by 160.6% in the 3rd quarter. Millennium Management LLC now owns 286,640 shares of the business services provider’s stock valued at $20,059,000 after purchasing an additional 176,666 shares during the last quarter. Institutional investors own 98.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. UBS Group lifted 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. Truist Financial decreased their price target on Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. Weiss Ratings upgraded Korn/Ferry International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $73.00.

Korn/Ferry International Trading Down 2.6%

NYSE KFY opened at $69.48 on Thursday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a twelve month low of $58.95 and a twelve month high of $78.50. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 13.73 and a beta of 1.21. The business’s fifty day moving average is $65.69 and its 200 day moving average is $65.48.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings data on Monday, March 9th. The business services provider reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.04. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The company had revenue of $725.04 million for the quarter, compared to the consensus estimate of $692.45 million. During the same quarter last year, the business posted $1.19 EPS. Korn/Ferry International’s revenue for the quarter was up 7.2% on a year-over-year basis. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. As a group, sell-side analysts expect that Korn/Ferry International will post 5.29 EPS for the current fiscal year.

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.