Dimensional Fund Advisors LP Has $208.23 Million Holdings in Korn/Ferry International $KFY

Key Points

• Dimensional Fund Advisors LP has reduced its stake in Korn/Ferry International by 2.9%, holding 3,069,871 shares valued at approximately $208.23 million.
• Korn/Ferry's recent earnings report exceeded expectations, with an EPS of $1.32 compared to analysts' estimates of $1.26.
• The company has declared a quarterly dividend of $0.48 per share, reflecting an annualized yield of 2.6%.

Dimensional Fund Advisors LP decreased its holdings in Korn/Ferry International (NYSE:KFY - Free Report) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,069,871 shares of the business services provider's stock after selling 91,893 shares during the quarter. Dimensional Fund Advisors LP owned 5.95% of Korn/Ferry International worth $208,228,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Xponance Inc. grew its holdings in Korn/Ferry International by 3.8% during the 1st quarter. Xponance Inc. now owns 5,004 shares of the business services provider's stock worth $339,000 after acquiring an additional 184 shares during the last quarter. Hohimer Wealth Management LLC grew its holdings in Korn/Ferry International by 5.8% during the 1st quarter. Hohimer Wealth Management LLC now owns 3,439 shares of the business services provider's stock worth $233,000 after acquiring an additional 188 shares during the last quarter. GAMMA Investing LLC grew its holdings in Korn/Ferry International by 11.4% during the 1st quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider's stock worth $131,000 after acquiring an additional 199 shares during the last quarter. Versant Capital Management Inc grew its holdings in Korn/Ferry International by 75.9% during the 1st quarter. Versant Capital Management Inc now owns 517 shares of the business services provider's stock worth $35,000 after acquiring an additional 223 shares during the last quarter. Finally, Summit Investment Advisors Inc. grew its holdings in Korn/Ferry International by 4.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,432 shares of the business services provider's stock worth $366,000 after acquiring an additional 225 shares during the last quarter. Institutional investors and hedge funds own 98.82% of the company's stock.

Korn/Ferry International Stock Up 4.7%

KFY traded up $3.4350 during trading on Friday, reaching $76.3350. The company had a trading volume of 452,317 shares, compared to its average volume of 258,889. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.83 and a quick ratio of 1.83. Korn/Ferry International has a 12 month low of $59.23 and a 12 month high of $80.64. The business's fifty day moving average price is $72.61 and its 200 day moving average price is $68.20. The company has a market cap of $3.99 billion, a P/E ratio of 16.52 and a beta of 1.47.

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

Korn/Ferry International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 3rd were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Thursday, July 3rd. Korn/Ferry International's payout ratio is currently 41.56%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Wall Street Zen cut shares of Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, July 9th. UBS Group reduced their price objective 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. Finally, Truist Financial lifted their price objective 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. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $81.00.

Korn/Ferry International Company Profile

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.