E. Ohman J or Asset Management AB Has $3.36 Million Holdings in Korn/Ferry International $KFY

Key Points

• E. Ohman J or Asset Management AB reduced its stake in Korn/Ferry International (KFY) by 11.3%, bringing its total holdings to 45,836 shares, valued at approximately $3.36 million.
• Analysts have mixed ratings on Korn/Ferry, with Wall Street Zen downgrading the stock from a "strong buy" to a "buy," while Truist Financial raised the target price from $80.00 to $88.00.
• Korn/Ferry International reported $1.31 earnings per share for the last quarter, exceeding expectations, and declared a quarterly dividend of $0.48 per share, with a yield of 2.6%.

E. Ohman J or Asset Management AB trimmed its position in shares of Korn/Ferry International (NYSE:KFY - Free Report) by 11.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,836 shares of the business services provider's stock after selling 5,819 shares during the quarter. E. Ohman J or Asset Management AB owned 0.09% of Korn/Ferry International worth $3,361,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of KFY. Versant Capital Management Inc increased its stake 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 valued at $35,000 after purchasing an additional 223 shares in the last quarter. CX Institutional acquired a new position in shares of Korn/Ferry International during the first quarter valued at about $39,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Korn/Ferry International during the first quarter valued at about $62,000. Quarry LP increased its position in shares of Korn/Ferry International by 193.6% during the first quarter. Quarry LP now owns 1,518 shares of the business services provider's stock worth $103,000 after acquiring an additional 1,001 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new stake in shares of Korn/Ferry International in the 1st quarter worth about $105,000. 98.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

KFY has been the subject of a number of analyst reports. Wall Street Zen downgraded Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, July 9th. UBS Group cut their target price on Korn/Ferry International from $75.00 to $74.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 27th. Finally, Truist Financial upped their price target on Korn/Ferry International from $80.00 to $88.00 and gave the stock a "buy" rating in a report on Friday, June 20th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $81.00.

Korn/Ferry International Stock Performance

NYSE KFY opened at $72.54 on Tuesday. The company's 50 day simple moving average is $73.15 and its two-hundred day simple moving average is $69.08. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.21 and a quick ratio of 2.21. Korn/Ferry International has a 1 year low of $59.23 and a 1 year high of $80.64. The stock has a market capitalization of $3.80 billion, a PE ratio of 15.40 and a beta of 1.49.

Korn/Ferry International (NYSE:KFY - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The business services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.07. The firm had revenue of $708.61 million for the quarter, compared to analysts' expectations of $688.72 million. Korn/Ferry International had a net margin of 8.95% and a return on equity of 14.55%. The business's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.17 earnings per share. Korn/Ferry International has set its Q2 2026 guidance at 1.230-1.33 EPS. Analysts predict that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th will be given 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 is Friday, September 26th. Korn/Ferry International's dividend payout ratio (DPR) is 40.76%.

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.

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