William Blair Investment Management LLC Increases Stake in Korn/Ferry International $KFY

William Blair Investment Management LLC lifted its stake in shares of Korn/Ferry International (NYSE:KFY) by 4.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 414,465 shares of the business services provider’s stock after buying an additional 16,821 shares during the period. William Blair Investment Management LLC’s holdings in Korn/Ferry International were worth $27,363,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. IFP Advisors Inc increased its position in shares of Korn/Ferry International by 69.4% during the fourth quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock valued at $33,000 after buying an additional 206 shares during the period. Kestra Investment Management LLC grew its holdings in Korn/Ferry International by 71.8% in the second 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 period. Canada Pension Plan Investment Board grew its holdings in 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 purchasing an additional 400 shares during the period. Federated Hermes Inc. grew its holdings in 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 purchasing an additional 409 shares during the period. Finally, Torren Management LLC purchased a new stake in Korn/Ferry International in the fourth quarter worth about $52,000. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. UBS Group upped their price objective on shares of Korn/Ferry International from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Wall Street Zen upgraded shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Weiss Ratings cut shares of Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, March 13th. Finally, Truist Financial cut their price objective on shares of Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $73.00.

Korn/Ferry International Price Performance

Shares of KFY opened at $68.14 on Tuesday. The firm’s 50-day simple moving average is $64.49 and its two-hundred day simple moving average is $65.24. The stock has a market cap of $3.54 billion, a PE ratio of 13.47 and a beta of 1.22. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $78.50. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.01 and a current ratio of 2.01.

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

Korn/Ferry International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th were paid a $0.55 dividend. This is a boost from Korn/Ferry International’s previous quarterly dividend of $0.48. This represents a $2.20 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Friday, March 27th. Korn/Ferry International’s payout ratio is currently 43.48%.

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.