Korn/Ferry International (NYSE:KFY) Shares Gap Up Following Strong Earnings

Korn/Ferry International (NYSE:KFY) gapped up before the market opened on Tuesday following a better than expected earnings announcement. The stock had previously closed at $72.51, but opened at $76.38. Korn/Ferry International shares last traded at $74.76, with a volume of 150,125 shares.

The business services provider reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.07. Korn/Ferry International had a return on equity of 14.49% and a net margin of 8.91%.During the same period last year, the business earned $1.17 EPS. The business’s revenue was up 4.8% on a year-over-year basis. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS.

Korn/Ferry International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. Korn/Ferry International’s payout ratio is 41.56%.

Analyst Ratings Changes

KFY has been the topic of a number of recent analyst reports. UBS Group reduced their target price on Korn/Ferry International from $75.00 to $74.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 27th. Truist Financial raised their price target on Korn/Ferry International from $80.00 to $88.00 and gave the company a “buy” rating in a research note on Friday, June 20th. Finally, Wall Street Zen lowered Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Korn/Ferry International currently has an average rating of “Moderate Buy” and a consensus target price of $81.00.

Hedge Funds Weigh In On Korn/Ferry International

Institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc increased its stake in shares of Korn/Ferry International by 75.9% during the first quarter. Versant Capital Management Inc now owns 517 shares of the business services provider’s stock valued at $35,000 after buying an additional 223 shares during the period. CX Institutional bought a new stake in Korn/Ferry International during the first quarter valued at about $39,000. Kestra Investment Management LLC boosted its position in 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 valued at $42,000 after purchasing an additional 242 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in Korn/Ferry International by 200.0% during the second quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 400 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in 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 valued at $63,000 after purchasing an additional 390 shares in the last quarter. Hedge funds and other institutional investors own 98.82% of the company’s stock.

Korn/Ferry International Stock Performance

The business has a 50-day moving average of $73.22 and a two-hundred day moving average of $68.79. The company has a market cap of $3.92 billion, a P/E ratio of 16.16 and a beta of 1.49. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.83 and a quick ratio of 1.83.

Korn/Ferry International Company Profile

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.