Korn/Ferry International (NYSE:KFY) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of Korn/Ferry International (NYSE:KFY) from a buy rating to a hold rating in a research note released on Saturday.

Several other equities research analysts also recently weighed in on the company. The Goldman Sachs Group reduced their price target on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating on the stock in a report on Friday, November 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.67.

Korn/Ferry International Stock Down 4.1%

NYSE KFY opened at $59.63 on Friday. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average of $66.48 and a two-hundred day moving average of $68.51. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 12.10 and a beta of 1.35. Korn/Ferry International has a 52 week low of $59.23 and a 52 week high of $78.50.

Korn/Ferry International (NYSE:KFY) last announced its earnings results on Tuesday, December 9th. The business services provider reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.02. The business had revenue of $729.80 million for the quarter, compared to the consensus estimate of $705.16 million. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.21 earnings per share. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. On average, analysts predict that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, December 19th were paid a dividend of $0.48 per share. The ex-dividend date was Friday, December 19th. This represents a $1.92 annualized dividend and a dividend yield of 3.2%. Korn/Ferry International’s dividend payout ratio (DPR) is currently 38.95%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KFY. Royal Bank of Canada raised its holdings in shares of Korn/Ferry International by 22.7% in the 1st quarter. Royal Bank of Canada now owns 11,413 shares of the business services provider’s stock valued at $775,000 after purchasing an additional 2,112 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Korn/Ferry International by 3.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock worth $2,073,000 after buying an additional 1,009 shares in the last quarter. Millennium Management LLC raised its stake in Korn/Ferry International by 566.9% in the first quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock worth $8,464,000 after buying an additional 106,076 shares in the last quarter. United Services Automobile Association purchased a new stake in Korn/Ferry International during the first quarter worth $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Korn/Ferry International by 6.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 172,556 shares of the business services provider’s stock valued at $11,704,000 after acquiring an additional 11,020 shares in the last quarter. 98.82% of the stock is currently owned by institutional investors.

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.