Vise Technologies Inc. Takes $455,000 Position in Korn/Ferry International $KFY

Vise Technologies Inc. bought a new position in shares of Korn/Ferry International (NYSE:KFY) during the second quarter, Holdings Channel.com reports. The fund bought 6,199 shares of the business services provider’s stock, valued at approximately $455,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new position in Korn/Ferry International in the first quarter worth approximately $62,000. CX Institutional increased its position in shares of Korn/Ferry International by 45.4% in the 2nd quarter. CX Institutional now owns 839 shares of the business services provider’s stock valued at $62,000 after purchasing an additional 262 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Korn/Ferry International by 21.1% in the 2nd 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 in the last quarter. Quarry LP lifted its position in shares of Korn/Ferry International by 193.6% during the 1st quarter. Quarry LP now owns 1,518 shares of the business services provider’s stock worth $103,000 after purchasing an additional 1,001 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Korn/Ferry International during the first quarter worth $105,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Stock Down 0.3%

Korn/Ferry International stock opened at $65.13 on Friday. The company has a market capitalization of $3.41 billion, a P/E ratio of 13.83 and a beta of 1.49. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.21 and a current ratio of 2.21. Korn/Ferry International has a fifty-two week low of $59.23 and a fifty-two week high of $80.49. The stock has a 50-day simple moving average of $69.47 and a 200-day simple moving average of $70.45.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $688.72 million. During the same quarter last year, the business posted $1.17 EPS. The firm’s quarterly 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. Equities research analysts expect that Korn/Ferry International will post 4.75 earnings per share for the current year.

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

Korn/Ferry International Dividend Announcement

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Friday, October 31st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average 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.