Aristides Capital LLC Takes Position in Korn/Ferry International $KFY

Key Points

• Aristides Capital LLC acquired 4,346 shares of Korn/Ferry International, valued at approximately $295,000, marking a new position in the company's stock during the first quarter.
• Multiple hedge funds have significantly increased their stakes in Korn/Ferry, with American Century Companies boosting their stake by 89.1% and Tidal Investments increasing holdings by 5,931%.
• Korn/Ferry reported a quarterly earnings per share of $1.32, exceeding analyst expectations, and set a dividend of $0.48 per share, reflecting a 2.5% yield.

Aristides Capital LLC acquired a new stake in Korn/Ferry International (NYSE:KFY - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,346 shares of the business services provider's stock, valued at approximately $295,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Keeley Teton Advisors LLC increased its stake in Korn/Ferry International by 29.7% in the first quarter. Keeley Teton Advisors LLC now owns 32,898 shares of the business services provider's stock valued at $2,231,000 after acquiring an additional 7,528 shares during the last quarter. Jane Street Group LLC increased its stake in Korn/Ferry International by 1,385.2% in the first quarter. Jane Street Group LLC now owns 202,461 shares of the business services provider's stock valued at $13,733,000 after acquiring an additional 188,829 shares during the last quarter. MetLife Investment Management LLC increased its stake in Korn/Ferry International by 614.3% in the first quarter. MetLife Investment Management LLC now owns 223,667 shares of the business services provider's stock valued at $15,171,000 after acquiring an additional 192,355 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in Korn/Ferry International in the first quarter valued at approximately $1,372,000. Finally, Jump Financial LLC bought a new position in Korn/Ferry International in the first quarter valued at approximately $2,849,000. 98.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on KFY. Wall Street Zen cut shares of Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, July 9th. Truist Financial boosted their target price on shares of Korn/Ferry International from $80.00 to $88.00 and gave the stock a "buy" rating in a research note on Friday, June 20th. Finally, UBS Group decreased their target price on shares of Korn/Ferry International from $75.00 to $74.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 27th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Korn/Ferry International presently has an average rating of "Moderate Buy" and a consensus target price of $81.00.

Korn/Ferry International Trading Down 0.9%

Shares of NYSE:KFY traded down $0.67 during mid-day trading on Friday, reaching $74.20. 335,573 shares of the company's stock were exchanged, compared to its average volume of 273,906. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of 16.06 and a beta of 1.47. The business's fifty day moving average price is $73.18 and its 200-day moving average price is $68.47. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.83 and a current ratio of 1.83. Korn/Ferry International has a twelve month low of $59.23 and a twelve month high of $80.64.

Korn/Ferry International (NYSE:KFY - Get Free Report) last issued its quarterly earnings results on Wednesday, June 18th. The business services provider reported $1.32 EPS for the quarter, topping analysts' consensus estimates of $1.26 by $0.06. The company had revenue of $712.05 million for the quarter, compared to analyst estimates of $690.07 million. Korn/Ferry International had a net margin of 8.91% and a return on equity of 14.49%. Korn/Ferry International's revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.26 earnings per share. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. On average, research analysts predict that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Thursday, July 3rd. Korn/Ferry International's payout ratio is 41.56%.

About Korn/Ferry International

Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations.