Jump Financial LLC Takes $2.85 Million Position in Korn/Ferry International $KFY

Key Points

• Jump Financial LLC acquired 42,003 shares of Korn/Ferry International (NYSE: KFY) in the first quarter, amounting to approximately $2.85 million, thereby owning around 0.08% of the company.
• Korn/Ferry International recently reported $1.32 earnings per share for the latest quarter, exceeding analysts' expectations of $1.26 and indicating a 3.1% year-over-year revenue growth.
• The company declared a quarterly dividend of $0.48 per share, representing an annualized dividend yield of 2.6%, with a payout ratio of 41.56%.

Jump Financial LLC purchased a new position in shares of Korn/Ferry International (NYSE:KFY - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 42,003 shares of the business services provider's stock, valued at approximately $2,849,000. Jump Financial LLC owned 0.08% of Korn/Ferry International as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in KFY. Versant Capital Management Inc raised 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 worth $35,000 after buying an additional 223 shares during the period. CX Institutional purchased a new stake in shares of Korn/Ferry International in the first quarter worth approximately $39,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Korn/Ferry International in the first quarter worth approximately $62,000. Headlands Technologies LLC purchased a new stake in shares of Korn/Ferry International in the first quarter worth approximately $105,000. Finally, GAMMA Investing LLC raised its stake in shares of 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 worth $131,000 after purchasing an additional 199 shares during the last quarter. 98.82% of the stock is owned by institutional investors and hedge funds.

Korn/Ferry International Stock Performance

NYSE KFY traded down $0.67 on Friday, hitting $74.20. 335,573 shares of the stock traded hands, compared to its average volume of 273,906. The business's fifty day moving average is $73.18 and its two-hundred day moving average is $68.47. Korn/Ferry International has a 12 month low of $59.23 and a 12 month high of $80.64. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of 16.06 and a beta of 1.47. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.83 and a current ratio of 1.83.

Korn/Ferry International (NYSE:KFY - Get Free Report) last posted 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. Korn/Ferry International had a return on equity of 14.49% and a net margin of 8.91%.The firm had revenue of $712.05 million during the quarter, compared to analyst estimates of $690.07 million. During the same period last year, the company earned $1.26 earnings per share. The business's revenue for the quarter was up 3.1% on a year-over-year basis. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. As a group, equities analysts anticipate that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Thursday, July 3rd were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Thursday, July 3rd. Korn/Ferry International's dividend payout ratio (DPR) is 41.56%.

Analyst Upgrades and Downgrades

KFY has been the subject of several analyst reports. UBS Group lowered their price objective on Korn/Ferry International from $75.00 to $74.00 and set a "neutral" rating for the company in a research note on Tuesday, May 27th. Wall Street Zen downgraded Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, July 9th. Finally, Truist Financial increased their price target on Korn/Ferry International from $80.00 to $88.00 and gave the company a "buy" rating in a research report on Friday, June 20th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently 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.