Sei Investments Co. Raises Stock Holdings in Korn/Ferry International $KFY

Sei Investments Co. raised its holdings in shares of Korn/Ferry International (NYSE:KFY) by 40.8% in the first quarter, Holdings Channel.com reports. The firm owned 184,104 shares of the business services provider’s stock after buying an additional 53,393 shares during the period. Sei Investments Co.’s holdings in Korn/Ferry International were worth $11,589,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State of Wyoming boosted its stake in shares of Korn/Ferry International by 14.6% during the 1st quarter. State of Wyoming now owns 1,866 shares of the business services provider’s stock valued at $117,000 after buying an additional 238 shares during the last quarter. First Trust Advisors LP grew its position in shares of Korn/Ferry International by 31.6% during the first quarter. First Trust Advisors LP now owns 146,915 shares of the business services provider’s stock worth $9,248,000 after buying an additional 35,239 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Korn/Ferry International by 14.0% in the first quarter. PNC Financial Services Group Inc. now owns 6,363 shares of the business services provider’s stock worth $401,000 after buying an additional 780 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Korn/Ferry International by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 3,003,385 shares of the business services provider’s stock valued at $189,065,000 after acquiring an additional 122,669 shares in the last quarter. Finally, Watershed Asset Management L.L.C. raised its holdings in Korn/Ferry International by 30.7% in the first quarter. Watershed Asset Management L.L.C. now owns 8,143 shares of the business services provider’s stock valued at $513,000 after acquiring an additional 1,914 shares in the last quarter. 98.82% of the stock is currently owned by hedge funds and other institutional investors.

Korn/Ferry International Stock Performance

Shares of KFY opened at $82.17 on Friday. The stock has a market capitalization of $4.18 billion, a PE ratio of 15.68 and a beta of 1.21. The business’s fifty day moving average price is $73.36 and its 200 day moving average price is $67.70. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 1.94. Korn/Ferry International has a 12-month low of $58.95 and a 12-month high of $85.69.

Korn/Ferry International (NYSE:KFY) last issued its earnings results on Tuesday, June 23rd. The business services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. The company had revenue of $768.26 million during the quarter, compared to the consensus estimate of $743.35 million. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%.Korn/Ferry International’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.32 earnings per share. Korn/Ferry International has set its Q1 2027 guidance at 1.320-1.380 EPS. Equities research analysts forecast that Korn/Ferry International will post 5.75 EPS for the current year.

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Monday, July 6th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Monday, July 6th. Korn/Ferry International’s dividend payout ratio is 41.98%.

Analysts Set New Price Targets

KFY has been the subject of several recent analyst reports. UBS Group raised their price objective on shares of Korn/Ferry International from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. Wall Street Zen lowered shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Weiss Ratings raised shares of Korn/Ferry International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Truist Financial lifted their price target on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Finally, Robert W. Baird boosted their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, June 24th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Korn/Ferry International currently has an average rating of “Moderate Buy” and an average price target of $78.50.

About Korn/Ferry International

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.