Korn/Ferry International $KFY Shares Bought by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P raised its position in shares of Korn/Ferry International (NYSE:KFY) by 0.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 416,075 shares of the business services provider’s stock after buying an additional 974 shares during the period. Loomis Sayles & Co. L P’s holdings in Korn/Ferry International were worth $30,511,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. lifted its stake in Korn/Ferry International by 21.1% during the 2nd quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock worth $69,000 after acquiring an additional 163 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in Korn/Ferry International by 3.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 5,648 shares of the business services provider’s stock worth $414,000 after purchasing an additional 165 shares during the period. Savant Capital LLC lifted its position in shares of Korn/Ferry International by 5.2% during the second quarter. Savant Capital LLC now owns 3,312 shares of the business services provider’s stock worth $243,000 after purchasing an additional 165 shares in the last quarter. AMG National Trust Bank boosted its stake in shares of Korn/Ferry International by 0.9% in the second quarter. AMG National Trust Bank now owns 23,351 shares of the business services provider’s stock valued at $1,712,000 after purchasing an additional 205 shares during the period. Finally, Verdence Capital Advisors LLC boosted its stake in shares of Korn/Ferry International by 2.8% in the second quarter. Verdence Capital Advisors LLC now owns 8,296 shares of the business services provider’s stock valued at $608,000 after purchasing an additional 225 shares during the period. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on KFY shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Friday, October 31st. The Goldman Sachs Group dropped their price target on shares of 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. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Korn/Ferry International presently has a consensus rating of “Moderate Buy” and an average target price of $78.67.

Korn/Ferry International Trading Up 0.5%

NYSE KFY opened at $65.77 on Friday. Korn/Ferry International has a 52 week low of $59.23 and a 52 week high of $79.17. The firm has a 50 day moving average of $67.78 and a two-hundred day moving average of $70.43. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $3.45 billion, a PE ratio of 13.96 and a beta of 1.49.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings data on Tuesday, September 9th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.07. The business had revenue of $708.61 million during the quarter, compared to analysts’ expectations of $688.72 million. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.17 EPS. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. As a group, research analysts expect that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, September 26th. Korn/Ferry International’s dividend payout ratio is currently 40.76%.

Korn/Ferry International announced that its Board of Directors has authorized a stock repurchase program on Thursday, September 18th that allows the company to buyback $331.40 million in outstanding shares. This buyback authorization allows the business services provider to reacquire up to 8.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its shares are undervalued.

About Korn/Ferry International

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.