Jefferies Financial Group Inc. Buys New Position in Korn/Ferry International $KFY

Jefferies Financial Group Inc. acquired a new stake in shares of Korn/Ferry International (NYSE:KFY) in the fourth quarter, HoldingsChannel reports. The fund acquired 19,513 shares of the business services provider’s stock, valued at approximately $1,288,000.

Other hedge funds have also recently bought and sold shares of the company. Thrivent Financial for Lutherans grew its stake in Korn/Ferry International by 7.3% during 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 purchasing an additional 56,647 shares in the last quarter. Alps Advisors Inc. acquired a new stake in Korn/Ferry International during the 3rd quarter valued at approximately $10,993,000. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Korn/Ferry International by 105.8% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 27,721 shares of the business services provider’s stock valued at $1,940,000 after purchasing an additional 14,249 shares in the last quarter. Public Sector Pension Investment Board grew its stake in Korn/Ferry International by 15.9% during the 3rd quarter. Public Sector Pension Investment Board now owns 204,114 shares of the business services provider’s stock valued at $14,284,000 after purchasing an additional 28,069 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co grew its stake in Korn/Ferry International by 112.6% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 31,929 shares of the business services provider’s stock valued at $2,234,000 after purchasing an additional 16,913 shares in the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Stock Performance

KFY opened at $70.07 on Friday. Korn/Ferry International has a 52-week low of $58.95 and a 52-week high of $78.50. 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 has a market cap of $3.64 billion, a PE ratio of 13.85 and a beta of 1.22. The stock has a 50-day moving average of $64.97 and a 200-day moving average of $65.32.

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

Korn/Ferry International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 27th were issued a $0.55 dividend. This is a positive change from Korn/Ferry International’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Friday, March 27th. This represents a $2.20 annualized dividend and a yield of 3.1%. Korn/Ferry International’s payout ratio is currently 43.48%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Weiss Ratings lowered Korn/Ferry International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 13th. Truist Financial decreased their target price on Korn/Ferry International from $88.00 to $75.00 and set a “buy” rating for the company in a research report on Tuesday, March 10th. Wall Street Zen raised Korn/Ferry International from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Finally, UBS Group lifted their target price on 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 research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.