LSV Asset Management Increases Stake in Korn/Ferry International $KFY

LSV Asset Management raised its holdings in shares of Korn/Ferry International (NYSE:KFY) by 455.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,561 shares of the business services provider’s stock after buying an additional 63,600 shares during the period. LSV Asset Management’s holdings in Korn/Ferry International were worth $5,121,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KFY. IFP Advisors Inc increased its holdings in 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 last quarter. Kestra Investment Management LLC increased its holdings 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 buying an additional 242 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings 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 buying an additional 400 shares during the last quarter. Federated Hermes Inc. increased its holdings in Korn/Ferry International by 160.4% during the third quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock valued at $46,000 after buying an additional 409 shares during the last quarter. Finally, Torren Management LLC purchased a new stake in Korn/Ferry International during the fourth quarter valued at approximately $52,000. 98.82% of the stock is owned by hedge funds and other institutional investors.

Korn/Ferry International Stock Performance

KFY opened at $67.97 on Wednesday. The firm has a market cap of $3.53 billion, a P/E ratio of 13.43 and a beta of 1.22. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $78.50. The company has a 50 day simple moving average of $64.63 and a two-hundred day simple moving average of $65.25. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.01 and a quick ratio of 2.01.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings results on Monday, March 9th. The business services provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. The business had revenue of $725.04 million during the quarter, compared to analyst estimates of $692.45 million. Korn/Ferry International had a net margin of 9.29% and a return on equity of 14.36%. The company’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.19 earnings per share. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. Equities analysts forecast 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 declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 27th were given a $0.55 dividend. The ex-dividend date was Friday, March 27th. This is an increase from Korn/Ferry International’s previous quarterly dividend of $0.48. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.2%. Korn/Ferry International’s dividend payout ratio (DPR) is currently 43.48%.

Wall Street Analyst Weigh In

A number of analysts have commented on KFY shares. Wall Street Zen raised shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. UBS Group upped their price target on shares of Korn/Ferry International from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Truist Financial dropped their price target on shares of Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating for the company in a research report on Tuesday, March 10th. Finally, Weiss Ratings lowered shares of Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $73.00.

Korn/Ferry International Company Profile

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.