Korn/Ferry International $KFY Shares Acquired by Circumference Group LLC

Circumference Group LLC grew its holdings in Korn/Ferry International (NYSE:KFY) by 20.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 52,900 shares of the business services provider’s stock after purchasing an additional 9,000 shares during the quarter. Korn/Ferry International accounts for about 4.1% of Circumference Group LLC’s holdings, making the stock its 12th biggest holding. Circumference Group LLC owned about 0.10% of Korn/Ferry International worth $3,702,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Kestra Investment Management LLC lifted 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 buying an additional 242 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Korn/Ferry International by 200.0% in the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after acquiring an additional 400 shares in the last quarter. Federated Hermes Inc. grew its stake in shares of Korn/Ferry International by 160.4% in the third quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock worth $46,000 after acquiring an additional 409 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Korn/Ferry International by 84.1% during the second quarter. EverSource Wealth Advisors LLC now owns 854 shares of the business services provider’s stock worth $63,000 after acquiring an additional 390 shares during the period. Finally, Traub Capital Management LLC purchased a new stake in shares of Korn/Ferry International during the second quarter worth $84,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Stock Performance

Shares of KFY stock opened at $60.66 on Friday. The company has a market cap of $3.17 billion, a P/E ratio of 11.99 and a beta of 1.32. The firm has a fifty day moving average price of $65.08 and a 200 day moving average price of $67.46. The company has a current ratio of 2.01, a quick ratio of 2.14 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $78.50.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings results on Monday, March 9th. The business services provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. The company had revenue of $725.04 million for the quarter, compared to analysts’ expectations of $692.45 million. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.Korn/Ferry International’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $1.19 earnings per share. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. Sell-side analysts predict that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th will be given a dividend of $0.55 per share. This is a boost from Korn/Ferry International’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 27th. This represents a $2.20 annualized dividend and a dividend yield of 3.6%. Korn/Ferry International’s dividend payout ratio is 43.48%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on KFY shares. Weiss Ratings lowered Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Truist Financial cut their price target on Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, March 10th. The Goldman Sachs Group decreased their price objective on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a research note on Friday, November 21st. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. Finally, UBS Group cut their target price on shares of Korn/Ferry International from $72.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $71.33.

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.