Jane Street Group LLC Purchases 188,829 Shares of Korn/Ferry International $KFY

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 boosted its position in Korn/Ferry International (NYSE:KFY - Free Report) by 1,385.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 202,461 shares of the business services provider's stock after acquiring an additional 188,829 shares during the period. Jane Street Group LLC owned 0.39% of Korn/Ferry International worth $13,733,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in KFY. Versant Capital Management Inc boosted its holdings in Korn/Ferry International by 75.9% in the first quarter. Versant Capital Management Inc now owns 517 shares of the business services provider's stock valued at $35,000 after acquiring an additional 223 shares during the last quarter. CX Institutional bought a new position in Korn/Ferry International in the first quarter valued at about $39,000. Caitong International Asset Management Co. Ltd bought a new position in Korn/Ferry International in the first quarter valued at about $62,000. Headlands Technologies LLC bought a new position in Korn/Ferry International in the first quarter valued at about $105,000. Finally, GAMMA Investing LLC boosted its holdings in Korn/Ferry International by 11.4% in the first quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider's stock valued at $131,000 after acquiring an additional 199 shares during the last quarter. Institutional investors own 98.82% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on KFY shares. Wall Street Zen cut Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a report on Wednesday, July 9th. UBS Group reduced 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, Truist Financial raised their target price 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 investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, 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%

NYSE KFY opened at $74.20 on Friday. The firm has a market cap of $3.88 billion, a P/E ratio of 16.06 and a beta of 1.47. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.83 and a quick ratio of 1.83. The stock's 50-day moving average is $73.18 and its 200-day moving average is $68.47. Korn/Ferry International has a one year low of $59.23 and a one year high of $80.64.

Korn/Ferry International (NYSE:KFY - Get Free Report) last released 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 return on equity of 14.49% and a net margin of 8.91%.Korn/Ferry International's revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 earnings per share. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. Sell-side analysts anticipate 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 was paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. Korn/Ferry International's dividend payout ratio (DPR) is currently 41.56%.

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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