William Blair Investment Management LLC Acquires 16,821 Shares of Korn/Ferry International $KFY

William Blair Investment Management LLC boosted its holdings in Korn/Ferry International (NYSE:KFY) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 414,465 shares of the business services provider’s stock after purchasing an additional 16,821 shares during the period. William Blair Investment Management LLC owned approximately 0.79% of Korn/Ferry International worth $27,363,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. IFP Advisors Inc lifted its stake in Korn/Ferry International by 69.4% in the fourth quarter. IFP Advisors Inc now owns 503 shares of the business services provider’s stock worth $33,000 after purchasing an additional 206 shares during the last quarter. Kestra Investment Management LLC raised its stake in shares of Korn/Ferry International by 71.8% during the second quarter. Kestra Investment Management LLC now owns 579 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 242 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in shares of Korn/Ferry International by 200.0% during the second 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 during the last quarter. Federated Hermes Inc. raised its stake in shares of Korn/Ferry International by 160.4% during the third quarter. Federated Hermes Inc. now owns 664 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 409 shares during the last quarter. Finally, Torren Management LLC bought a new position in shares of Korn/Ferry International during the fourth quarter valued at about $52,000. 98.82% of the stock is owned by institutional investors.

Korn/Ferry International Stock Performance

Shares of NYSE:KFY opened at $68.14 on Tuesday. The company has a market cap of $3.54 billion, a price-to-earnings ratio of 13.47 and a beta of 1.22. The company has a 50-day moving average price of $64.49 and a 200-day moving average price of $65.24. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $78.50.

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

Korn/Ferry International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Friday, March 27th were given a dividend of $0.55 per share. This is an increase from Korn/Ferry International’s previous quarterly dividend of $0.48. This represents a $2.20 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Friday, March 27th. Korn/Ferry International’s dividend payout ratio is presently 43.48%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on KFY. Weiss Ratings downgraded shares of Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 13th. Wall Street Zen raised shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Truist Financial lowered their price objective on shares of Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday, March 10th. Finally, UBS Group upped their price objective on shares of Korn/Ferry International from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $73.00.

Korn/Ferry International 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.