AlphaQuest LLC Has $1.14 Million Position in Korn/Ferry International $KFY

AlphaQuest LLC boosted its holdings in Korn/Ferry International (NYSE:KFY) by 282.6% during the second quarter, HoldingsChannel.com reports. The fund owned 15,530 shares of the business services provider’s stock after purchasing an additional 11,471 shares during the period. AlphaQuest LLC’s holdings in Korn/Ferry International were worth $1,139,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. R Squared Ltd acquired a new stake in Korn/Ferry International during the second quarter valued at approximately $297,000. Cookson Peirce & Co. Inc. boosted its holdings in Korn/Ferry International by 22.6% during the second quarter. Cookson Peirce & Co. Inc. now owns 9,961 shares of the business services provider’s stock valued at $730,000 after purchasing an additional 1,836 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in Korn/Ferry International by 11.3% during the second quarter. Allianz Asset Management GmbH now owns 317,500 shares of the business services provider’s stock valued at $23,282,000 after purchasing an additional 32,127 shares in the last quarter. Ritholtz Wealth Management boosted its holdings in Korn/Ferry International by 29.3% during the second quarter. Ritholtz Wealth Management now owns 17,514 shares of the business services provider’s stock valued at $1,284,000 after purchasing an additional 3,969 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in Korn/Ferry International by 2.8% during 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 in the last quarter. 98.82% of the stock is owned by institutional investors and hedge funds.

Korn/Ferry International Stock Performance

KFY stock opened at $71.05 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.21 and a quick ratio of 2.21. The company has a 50 day moving average price of $71.97 and a 200 day moving average price of $70.01. Korn/Ferry International has a fifty-two week low of $59.23 and a fifty-two week high of $80.64. The stock has a market capitalization of $3.72 billion, a PE ratio of 15.08 and a beta of 1.47.

Korn/Ferry International (NYSE:KFY) last posted its quarterly earnings data on Tuesday, September 9th. The business services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.07. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The firm had revenue of $708.61 million during the quarter, compared to analysts’ expectations of $688.72 million. During the same quarter in the previous year, the company posted $1.17 EPS. Korn/Ferry International’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. Analysts forecast that Korn/Ferry International will post 4.75 EPS for the current year.

Korn/Ferry International declared that its board has authorized a stock repurchase program on Thursday, September 18th that authorizes the company to repurchase $331.40 million in shares. This repurchase authorization authorizes the business services provider to buy up to 8.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Korn/Ferry International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Friday, September 26th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, September 26th. Korn/Ferry International’s payout ratio is 40.76%.

Analyst Ratings Changes

A number of research firms have weighed in on KFY. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Korn/Ferry International in a report on Wednesday, October 8th. Wall Street Zen cut shares of Korn/Ferry International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 9th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $81.00.

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.