Korn/Ferry International $KFY Stake Boosted by UBS Group AG

UBS Group AG boosted its stake in shares of Korn/Ferry International (NYSE:KFY) by 17.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 186,246 shares of the business services provider’s stock after purchasing an additional 27,518 shares during the quarter. UBS Group AG’s holdings in Korn/Ferry International were worth $12,296,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada increased its position in shares of Korn/Ferry International by 22.7% in the first quarter. Royal Bank of Canada now owns 11,413 shares of the business services provider’s stock worth $775,000 after acquiring an additional 2,112 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Korn/Ferry International by 3.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,567 shares of the business services provider’s stock valued at $2,073,000 after acquiring an additional 1,009 shares in the last quarter. Millennium Management LLC lifted its position in shares of Korn/Ferry International by 566.9% in the 1st quarter. Millennium Management LLC now owns 124,786 shares of the business services provider’s stock valued at $8,464,000 after acquiring an additional 106,076 shares in the last quarter. United Services Automobile Association acquired a new position in Korn/Ferry International in the 1st quarter worth approximately $231,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Korn/Ferry International by 6.8% in 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 worth $11,704,000 after purchasing an additional 11,020 shares during the period. 98.82% of the stock is owned by hedge funds and other institutional investors.

Korn/Ferry International Stock Performance

Shares of KFY opened at $64.21 on Friday. The company has a market capitalization of $3.33 billion, a PE ratio of 12.69 and a beta of 1.22. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.01 and a current ratio of 2.01. The company’s 50 day moving average price is $64.03 and its 200 day moving average price is $65.26. Korn/Ferry International has a 52 week low of $58.95 and a 52 week high of $78.50.

Korn/Ferry International (NYSE:KFY) last released its earnings results on Monday, March 9th. The business services provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. The company had revenue of $725.04 million during the quarter, compared to the consensus estimate of $692.45 million. Korn/Ferry International had a net margin of 9.29% and a return on equity of 14.36%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.19 EPS. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. Research analysts expect that Korn/Ferry International will post 5.29 EPS for the current fiscal year.

Korn/Ferry International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Friday, March 27th were issued a dividend of $0.55 per share. This is a positive change from Korn/Ferry International’s previous quarterly dividend of $0.48. This represents a $2.20 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Friday, March 27th. Korn/Ferry International’s dividend payout ratio is 43.48%.

Analyst Ratings Changes

Several analysts have issued reports on KFY shares. Truist Financial cut their target price on shares of Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. Weiss Ratings cut Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 13th. UBS Group lifted their price target on Korn/Ferry International from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Finally, Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.00.

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.