Intech Investment Management LLC Sells 12,511 Shares of Korn/Ferry International $KFY

Key Points

• Intech Investment Management LLC has decreased its stake in Korn/Ferry International by 22.9%, selling 12,511 shares and now holding about 0.08% of the company, valued at approximately $2.86 million.
• Korn/Ferry International reported a quarterly EPS of $1.31, exceeding analysts' expectations, with revenue of $708.61 million, reflecting a year-over-year increase of 4.8%.
• The firm declared a quarterly dividend of $0.48 per share, translating to a 2.7% yield, with a payout ratio currently at 40.76%.

Intech Investment Management LLC reduced its position in shares of Korn/Ferry International (NYSE:KFY - Free Report) by 22.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 42,102 shares of the business services provider's stock after selling 12,511 shares during the quarter. Intech Investment Management LLC owned about 0.08% of Korn/Ferry International worth $2,856,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in KFY. Deutsche Bank AG raised its stake in Korn/Ferry International by 51.0% during the 4th quarter. Deutsche Bank AG now owns 45,057 shares of the business services provider's stock worth $3,039,000 after buying an additional 15,226 shares during the period. Janus Henderson Group PLC raised its stake in Korn/Ferry International by 7.4% during the 4th quarter. Janus Henderson Group PLC now owns 23,181 shares of the business services provider's stock worth $1,562,000 after buying an additional 1,600 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Korn/Ferry International by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,558 shares of the business services provider's stock worth $1,994,000 after buying an additional 1,140 shares during the period. ProShare Advisors LLC raised its stake in Korn/Ferry International by 44.3% during the 4th quarter. ProShare Advisors LLC now owns 15,651 shares of the business services provider's stock worth $1,056,000 after buying an additional 4,802 shares during the period. Finally, Tidal Investments LLC raised its stake in Korn/Ferry International by 5,931.0% during the 4th quarter. Tidal Investments LLC now owns 352,030 shares of the business services provider's stock worth $23,744,000 after buying an additional 346,193 shares during the period. 98.82% of the stock is owned by institutional investors and hedge funds.

Korn/Ferry International Stock Performance

Shares of KFY opened at $72.34 on Monday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 15.36 and a beta of 1.49. The stock has a 50 day moving average of $73.16 and a 200 day moving average of $69.03. Korn/Ferry International has a 12 month low of $59.23 and a 12 month high of $80.64.

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

Korn/Ferry International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors 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 2.7%. The ex-dividend date of this dividend is Friday, September 26th. Korn/Ferry International's dividend payout ratio (DPR) is presently 40.76%.

Analyst Ratings Changes

A number of research analysts recently weighed in on KFY shares. 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 research note on Friday, June 20th. UBS Group dropped their target price on Korn/Ferry International from $75.00 to $74.00 and set a "neutral" rating on the stock in a report on Tuesday, May 27th. Finally, Wall Street Zen lowered Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a report on Wednesday, July 9th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, Korn/Ferry International has an average rating of "Moderate Buy" and an average target price of $81.00.

Korn/Ferry International 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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