Teachers Retirement System of The State of Kentucky Boosts Stock Position in Korn/Ferry International $KFY

Teachers Retirement System of The State of Kentucky grew its holdings in shares of Korn/Ferry International (NYSE:KFY) by 108.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 33,514 shares of the business services provider’s stock after acquiring an additional 17,414 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Korn/Ferry International were worth $2,346,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thrivent Financial for Lutherans boosted its holdings in shares of Korn/Ferry International by 7.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 836,362 shares of the business services provider’s stock valued at $58,529,000 after buying an additional 56,647 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in Korn/Ferry International by 105.8% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 27,721 shares of the business services provider’s stock worth $1,940,000 after acquiring an additional 14,249 shares during the last quarter. Alps Advisors Inc. bought a new position in Korn/Ferry International in the third quarter worth about $10,993,000. Public Sector Pension Investment Board boosted its stake in Korn/Ferry International by 15.9% in the third quarter. Public Sector Pension Investment Board now owns 204,114 shares of the business services provider’s stock valued at $14,284,000 after acquiring an additional 28,069 shares during the period. Finally, AlphaQuest LLC grew its holdings in shares of Korn/Ferry International by 268.4% during the third quarter. AlphaQuest LLC now owns 57,210 shares of the business services provider’s stock valued at $4,004,000 after purchasing an additional 41,680 shares during the last quarter. Institutional investors own 98.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on KFY shares. Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday. Weiss Ratings restated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Wednesday, January 28th. Finally, The Goldman Sachs Group cut their price objective on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $78.67.

Korn/Ferry International Stock Performance

KFY stock opened at $63.23 on Thursday. The company has a 50-day simple moving average of $65.63 and a 200 day simple moving average of $68.03. The company has a market capitalization of $3.30 billion, a P/E ratio of 12.83 and a beta of 1.32. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $78.50.

Korn/Ferry International (NYSE:KFY) last released its quarterly earnings results on Tuesday, December 9th. The business services provider reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.02. The company 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%. Korn/Ferry International’s revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 EPS. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. Sell-side analysts predict that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, December 19th were given a $0.48 dividend. The ex-dividend date was Friday, December 19th. This represents a $1.92 annualized dividend and a yield of 3.0%. Korn/Ferry International’s payout ratio is 38.95%.

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.