Korn/Ferry International (NYSE:KFY) Issues Earnings Results

Korn/Ferry International (NYSE:KFY) announced its quarterly earnings results on Wednesday. The business services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.36 by $0.07, FiscalAI reports. The company had revenue of $764.62 million for the quarter, compared to the consensus estimate of $737.66 million. Korn/Ferry International had a return on equity of 14.34% and a net margin of 9.44%. Korn/Ferry International updated its Q2 2027 guidance to 1.300-1.400 EPS.

Korn/Ferry International Stock Down 4.3%

KFY opened at $81.71 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.94 and a quick ratio of 1.94. The firm’s fifty day moving average price is $80.50 and its two-hundred day moving average price is $71.07. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $87.51. The company has a market capitalization of $4.20 billion, a P/E ratio of 15.59 and a beta of 1.19.

Korn/Ferry International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 22nd will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 22nd. Korn/Ferry International’s dividend payout ratio (DPR) is 41.98%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on KFY shares. UBS Group raised their price target on Korn/Ferry International from $70.00 to $75.00 and gave the company a “neutral” rating in a research report on Wednesday, June 24th. Wall Street Zen upgraded Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Saturday. Truist Financial upped their price target on Korn/Ferry International from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Robert W. Baird increased their price objective on Korn/Ferry International from $84.00 to $85.00 and gave the company an “outperform” rating in a research report on Wednesday, June 24th. Finally, 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. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $78.50.

Institutional Investors Weigh In On Korn/Ferry International

A number of institutional investors have recently added to or reduced their stakes in KFY. Virtu Financial LLC lifted its position in shares of Korn/Ferry International by 7.7% during the 4th quarter. Virtu Financial LLC now owns 4,799 shares of the business services provider’s stock worth $317,000 after buying an additional 343 shares during the period. State of Tennessee Department of Treasury boosted its stake in shares of Korn/Ferry International by 43.5% in the 4th quarter. State of Tennessee Department of Treasury now owns 21,362 shares of the business services provider’s stock valued at $1,484,000 after purchasing an additional 6,480 shares in the last quarter. NewEdge Advisors LLC bought a new stake in shares of Korn/Ferry International in the 4th quarter worth about $630,000. Empowered Funds LLC bought a new position in Korn/Ferry International during the 4th quarter valued at about $2,196,000. Finally, XTX Topco Ltd bought a new stake in Korn/Ferry International during the fourth quarter worth about $1,634,000. 98.82% of the stock is owned by institutional investors and hedge funds.

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.