Korn/Ferry International $KFY Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC boosted its position in shares of Korn/Ferry International (NYSE:KFYFree Report) by 17.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 49,453 shares of the business services provider’s stock after acquiring an additional 7,351 shares during the quarter. Intech Investment Management LLC owned about 0.10% of Korn/Ferry International worth $3,626,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Friday, October 31st. Two equities 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, the company has a consensus rating of “Moderate Buy” and an average price target of $81.00.

Check Out Our Latest Research Report on KFY

Korn/Ferry International Stock Performance

NYSE KFY opened at $63.65 on Wednesday. The company has a market cap of $3.33 billion, a PE ratio of 13.51 and a beta of 1.49. The stock’s 50 day simple moving average is $69.11 and its 200-day simple moving average is $70.52. Korn/Ferry International has a 1-year low of $59.23 and a 1-year high of $80.49. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.21 and a quick ratio of 2.21.

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

Korn/Ferry International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th were given a $0.48 dividend. The ex-dividend date was Friday, September 26th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.0%. Korn/Ferry International’s dividend payout ratio is 40.76%.

Korn/Ferry International declared that its Board of Directors has approved a share buyback program on Thursday, September 18th that authorizes the company to buyback $331.40 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 8.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its stock is undervalued.

About Korn/Ferry International

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Korn/Ferry International (NYSE:KFY)

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