Korn/Ferry International $KFY Shares Acquired by Ariel Investments LLC

Key Points

• Ariel Investments LLC increased its stake in Korn/Ferry International by 4.0% in the first quarter, owning 589,145 shares valued at approximately $39.96 million.
• The company reported $1.32 earnings per share (EPS) for the most recent quarter, exceeding analysts' expectations of $1.26 and increasing its EPS from the previous year.
• Korn/Ferry International declared a quarterly dividend of $0.48, resulting in an annualized dividend yield of 2.6%.

Ariel Investments LLC increased its position in shares of Korn/Ferry International (NYSE:KFY - Free Report) by 4.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 589,145 shares of the business services provider's stock after acquiring an additional 22,578 shares during the quarter. Ariel Investments LLC owned approximately 1.14% of Korn/Ferry International worth $39,962,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Xponance Inc. lifted its position in Korn/Ferry International by 3.8% in the first quarter. Xponance Inc. now owns 5,004 shares of the business services provider's stock valued at $339,000 after buying an additional 184 shares during the last quarter. Hohimer Wealth Management LLC lifted its position in shares of Korn/Ferry International by 5.8% during the first quarter. Hohimer Wealth Management LLC now owns 3,439 shares of the business services provider's stock worth $233,000 after purchasing an additional 188 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Korn/Ferry International by 11.4% during 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 in the last quarter. Versant Capital Management Inc lifted its position in shares of Korn/Ferry International by 75.9% during the first quarter. Versant Capital Management Inc now owns 517 shares of the business services provider's stock worth $35,000 after purchasing an additional 223 shares in the last quarter. Finally, Heritage Family Offices LLP lifted its position in shares of Korn/Ferry International by 6.6% during the first quarter. Heritage Family Offices LLP now owns 4,113 shares of the business services provider's stock worth $279,000 after purchasing an additional 253 shares in the last quarter. Institutional investors and hedge funds own 98.82% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on KFY shares. Truist Financial increased their price target on shares of Korn/Ferry International from $80.00 to $88.00 and gave the stock a "buy" rating in a research report on Friday, June 20th. UBS Group reduced 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 research report on Tuesday, May 27th. Finally, Wall Street Zen cut shares of Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, July 9th. 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 currently has an average rating of "Moderate Buy" and an average target price of $81.00.

Korn/Ferry International Stock Down 1.0%

Korn/Ferry International stock traded down $0.75 during mid-day trading on Monday, hitting $72.48. The company had a trading volume of 103,839 shares, compared to its average volume of 413,482. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 15.70 and a beta of 1.49. Korn/Ferry International has a 1 year low of $59.23 and a 1 year high of $80.64. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.21. The business has a fifty day moving average of $73.23 and a 200 day moving average of $68.73.

Korn/Ferry International (NYSE:KFY - Get Free Report) last announced its quarterly earnings results on Wednesday, June 18th. The business services provider reported $1.32 EPS for the quarter, beating the consensus estimate 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 net margin of 8.91% and a return on equity of 14.49%. The firm's revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.26 earnings per share. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. On average, sell-side analysts expect that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, July 3rd. Korn/Ferry International's dividend payout ratio is presently 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.