Fox Run Management L.L.C. Purchases New Shares in Korn/Ferry International $KFY

Fox Run Management L.L.C. purchased a new position in Korn/Ferry International (NYSE:KFY) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 15,202 shares of the business services provider’s stock, valued at approximately $1,064,000.

A number of other hedge funds also recently bought and sold shares of KFY. Kestra Investment Management LLC boosted its holdings in shares of Korn/Ferry International by 71.8% in the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock worth $42,000 after buying an additional 242 shares during the period. Canada Pension Plan Investment Board lifted its position in shares of Korn/Ferry International by 200.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 400 shares in the last quarter. Federated Hermes Inc. boosted its stake in Korn/Ferry International by 160.4% in the 3rd quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock worth $46,000 after purchasing an additional 409 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Korn/Ferry International by 84.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 854 shares of the business services provider’s stock worth $63,000 after purchasing an additional 390 shares during the period. Finally, Traub Capital Management LLC purchased a new position in Korn/Ferry International during the 2nd quarter worth approximately $84,000. 98.82% of the stock is owned by hedge funds and other institutional investors.

Korn/Ferry International Trading Up 0.8%

NYSE KFY opened at $60.01 on Thursday. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 1-year low of $58.95 and a 1-year high of $78.50. The firm’s fifty day simple moving average is $66.12 and its 200-day simple moving average is $68.37. The company has a market capitalization of $3.13 billion, a PE ratio of 12.17 and a beta of 1.35.

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

Korn/Ferry International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, December 19th were issued a $0.48 dividend. The ex-dividend date was Friday, December 19th. This represents a $1.92 dividend on an annualized basis and a yield of 3.2%. Korn/Ferry International’s dividend payout ratio is currently 38.95%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. The Goldman Sachs Group reduced their target price on Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating for the company in a report on Friday, November 21st. Wall Street Zen downgraded Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Wednesday, January 28th. Three research 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.67.

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.