Korn/Ferry International $KFY Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Korn/Ferry International (NYSE:KFY) by 4.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,003,385 shares of the business services provider’s stock after purchasing an additional 122,669 shares during the period. Dimensional Fund Advisors LP owned approximately 0.06% of Korn/Ferry International worth $189,065,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. IFP Advisors Inc increased its holdings in Korn/Ferry International by 69.4% during the 4th quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock worth $33,000 after purchasing an additional 206 shares during the last quarter. Clearstead Advisors LLC grew its position in shares of Korn/Ferry International by 30,350.0% during the fourth quarter. Clearstead Advisors LLC now owns 609 shares of the business services provider’s stock worth $40,000 after buying an additional 607 shares in the last quarter. Kestra Investment Management LLC grew its position in shares of Korn/Ferry International by 71.8% during the second 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 holdings 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 worth $44,000 after acquiring an additional 400 shares in the last quarter. Finally, Torren Management LLC acquired a new position in Korn/Ferry International during the 4th quarter worth $52,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Stock Performance

KFY stock opened at $78.28 on Friday. The company has a 50-day simple moving average of $71.72 and a 200 day simple moving average of $67.16. The company has a market capitalization of $3.98 billion, a P/E ratio of 14.94 and a beta of 1.21. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $79.97.

Korn/Ferry International (NYSE:KFY) last issued its quarterly earnings results on Tuesday, June 23rd. The business services provider reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.03. The company had revenue of $768.26 million during the quarter, compared to analyst estimates of $743.35 million. Korn/Ferry International had a net margin of 9.44% and a return on equity of 14.34%. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.32 EPS. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Sell-side analysts predict that Korn/Ferry International will post 5.75 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, July 6th. Korn/Ferry International’s dividend payout ratio is presently 41.98%.

Wall Street Analyst Weigh In

A number of research analysts have commented on KFY shares. Robert W. Baird increased their target price on Korn/Ferry International from $84.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. UBS Group raised their price objective on Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Truist Financial boosted their target price on shares of Korn/Ferry International from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Weiss Ratings upgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $78.50.

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.