Short Interest in Korn/Ferry International (NYSE:KFY) Increases By 47.7%

Korn/Ferry International (NYSE:KFY) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,458,453 shares, an increase of 47.7% from the January 29th total of 987,210 shares. Currently, 2.8% of the shares of the company are sold short. Based on an average daily trading volume, of 571,035 shares, the days-to-cover ratio is currently 2.6 days. Based on an average daily trading volume, of 571,035 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.8% of the shares of the company are sold short.

Korn/Ferry International Price Performance

Korn/Ferry International stock traded down $0.28 during midday trading on Friday, hitting $62.65. The company’s stock had a trading volume of 553,836 shares, compared to its average volume of 537,619. Korn/Ferry International has a 12 month low of $58.95 and a 12 month high of $78.50. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $3.27 billion, a PE ratio of 12.71 and a beta of 1.35. The stock’s 50-day moving average price is $65.88 and its 200-day moving average price is $68.25.

Korn/Ferry International (NYSE:KFY) last announced its quarterly earnings data 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 company had revenue of $729.80 million for the quarter, compared to analysts’ expectations of $705.16 million. Korn/Ferry International had a net margin of 9.21% and a return on equity of 14.53%. The business’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS. Korn/Ferry International has set its Q3 2026 guidance at 1.19-1.250 EPS. Analysts anticipate that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, December 19th were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $1.92 dividend on an annualized basis and a yield of 3.1%. Korn/Ferry International’s dividend payout ratio is currently 38.95%.

Institutional Investors Weigh In On Korn/Ferry International

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in shares of Korn/Ferry International by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 6,159,477 shares of the business services provider’s stock worth $406,649,000 after acquiring an additional 44,425 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Korn/Ferry International by 48.3% during the 3rd quarter. Wellington Management Group LLP now owns 3,475,576 shares of the business services provider’s stock worth $243,221,000 after purchasing an additional 1,132,473 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Korn/Ferry International by 1.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,880,716 shares of the business services provider’s stock valued at $190,188,000 after buying an additional 37,499 shares in the last quarter. State Street Corp increased its holdings in Korn/Ferry International by 1.6% in the fourth quarter. State Street Corp now owns 2,000,452 shares of the business services provider’s stock worth $132,933,000 after buying an additional 31,175 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in Korn/Ferry International by 3.7% in the second quarter. American Century Companies Inc. now owns 1,868,280 shares of the business services provider’s stock valued at $137,001,000 after acquiring an additional 65,819 shares during the last quarter. 98.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on KFY. The Goldman Sachs Group cut their target price on 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of Korn/Ferry International in a research report on Wednesday, January 28th. Finally, Wall Street Zen raised shares of Korn/Ferry International from a “hold” rating to a “buy” rating in a research note on Sunday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Korn/Ferry International presently has a consensus rating of “Moderate Buy” and a consensus price target of $78.67.

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.