Korn/Ferry International $KFY Stock Holdings Increased by Jane Street Group LLC

Key Points

• Jane Street Group LLC significantly increased its stake in Korn/Ferry International by acquiring 188,829 shares, raising its total ownership to 202,461 shares, valued at approximately $13.73 million.
• Wall Street analysts have mixed ratings for Korn/Ferry International, with one report lowering it from a "strong-buy" to a "buy," while another raised the target price from $80 to $88, indicating a "buy" rating.
• Korn/Ferry International recently declared a quarterly dividend of $0.48 per share, representing an annualized yield of 2.6% and a dividend payout ratio of 41.56%.

Jane Street Group LLC lifted its holdings in shares of Korn/Ferry International (NYSE:KFY - Free Report) by 1,385.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,461 shares of the business services provider's stock after purchasing an additional 188,829 shares during the period. Jane Street Group LLC owned about 0.39% of Korn/Ferry International worth $13,733,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. MetLife Investment Management LLC grew its stake in Korn/Ferry International by 614.3% in the 1st quarter. MetLife Investment Management LLC now owns 223,667 shares of the business services provider's stock worth $15,171,000 after acquiring an additional 192,355 shares during the period. Campbell & CO Investment Adviser LLC purchased a new stake in Korn/Ferry International in the 1st quarter worth approximately $1,372,000. Jump Financial LLC purchased a new stake in Korn/Ferry International in the 1st quarter worth approximately $2,849,000. Smartleaf Asset Management LLC grew its stake in Korn/Ferry International by 43.5% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,982 shares of the business services provider's stock worth $135,000 after acquiring an additional 601 shares during the period. Finally, AlphaQuest LLC grew its stake in Korn/Ferry International by 33.0% in the 1st quarter. AlphaQuest LLC now owns 4,059 shares of the business services provider's stock worth $275,000 after acquiring an additional 1,008 shares during the period. 98.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Korn/Ferry International Stock Down 0.1%

KFY stock traded down $0.08 during trading on Friday, reaching $73.65. The stock had a trading volume of 65,140 shares, compared to its average volume of 413,729. Korn/Ferry International has a 1-year low of $59.23 and a 1-year high of $80.64. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $3.85 billion, a P/E ratio of 15.94 and a beta of 1.49. The firm has a fifty day moving average price of $73.23 and a 200 day moving average price of $68.65.

Korn/Ferry International (NYSE:KFY - Get Free Report) last issued its quarterly earnings data 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. Korn/Ferry International had a net margin of 8.91% and a return on equity of 14.49%. The firm had revenue of $712.05 million for the quarter, compared to analyst estimates of $690.07 million. During the same quarter in the previous year, the business posted $1.26 EPS. 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. On average, equities analysts anticipate that Korn/Ferry International will post 4.75 earnings per share for the current year.

Korn/Ferry International Dividend Announcement

The company 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. The ex-dividend date was Thursday, July 3rd. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. Korn/Ferry International's payout ratio is currently 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.