Tributary Capital Management LLC Has $42.77 Million Position in Korn/Ferry International $KFY

Tributary Capital Management LLC increased its holdings in shares of Korn/Ferry International (NYSE:KFY) by 92.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 611,224 shares of the business services provider’s stock after buying an additional 293,789 shares during the period. Korn/Ferry International comprises approximately 2.0% of Tributary Capital Management LLC’s portfolio, making the stock its 13th largest position. Tributary Capital Management LLC owned 1.17% of Korn/Ferry International worth $42,773,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. 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 position in Korn/Ferry International by 200.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 600 shares of the business services provider’s stock worth $44,000 after purchasing an additional 400 shares during the last quarter. CX Institutional lifted its holdings in Korn/Ferry International by 45.4% during the 2nd quarter. CX Institutional now owns 839 shares of the business services provider’s stock worth $62,000 after buying an additional 262 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Korn/Ferry International by 84.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 854 shares of the business services provider’s stock valued at $63,000 after buying an additional 390 shares during the last quarter. Finally, Blue Trust Inc. grew its position in shares of Korn/Ferry International by 21.1% in the 2nd quarter. Blue Trust Inc. now owns 937 shares of the business services provider’s stock valued at $69,000 after buying an additional 163 shares during the last quarter. 98.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on KFY shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Korn/Ferry International in a research note on Friday, October 31st. Wall Street Zen downgraded shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Finally, The Goldman Sachs Group reduced their price objective on shares of Korn/Ferry International from $85.00 to $74.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.67.

Korn/Ferry International Stock Performance

Shares of KFY stock opened at $66.55 on Thursday. The firm has a 50 day moving average of $66.11 and a 200-day moving average of $70.11. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 13.50 and a beta of 1.33. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.20. Korn/Ferry International has a 52 week low of $59.23 and a 52 week high of $78.50.

Korn/Ferry International (NYSE:KFY) last issued its earnings results on Tuesday, December 9th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.02. The business had revenue of $729.80 million for the quarter, compared to analyst estimates of $705.16 million. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. Korn/Ferry International’s revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.21 earnings per share. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. On average, equities analysts forecast that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, December 19th will be paid a $0.48 dividend. The ex-dividend date is Friday, December 19th. This represents a $1.92 annualized dividend and a dividend yield of 2.9%. Korn/Ferry International’s dividend payout ratio (DPR) is currently 38.95%.

Korn/Ferry International declared that its Board of Directors has initiated a stock repurchase program on Thursday, September 18th that permits the company to repurchase $331.40 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 8.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

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.