Korn/Ferry International $KFY Shares Purchased by Jane Street Group LLC

Key Points

• Jane Street Group LLC significantly increased its holdings in Korn/Ferry International by 1,385.2%, acquiring a total of 202,461 shares worth approximately $13.7 million.
• Korn/Ferry International reported a quarterly earnings per share of $1.31, exceeding analyst estimates of $1.24, with revenue also surpassing expectations at $708.61 million.
• The company announced a quarterly dividend of $0.48 per share, which represents an annualized yield of 2.7% and a payout ratio of 40.76%.

Jane Street Group LLC raised its stake in Korn/Ferry International (NYSE:KFY - Free Report) by 1,385.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 202,461 shares of the business services provider's stock after acquiring an additional 188,829 shares during the quarter. Jane Street Group LLC owned approximately 0.39% of Korn/Ferry International worth $13,733,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Versant Capital Management Inc increased its position in shares of 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 buying an additional 223 shares in the last quarter. CX Institutional purchased a new stake in Korn/Ferry International in the 1st quarter valued at $39,000. Caitong International Asset Management Co. Ltd purchased a new stake in Korn/Ferry International in the 1st quarter valued at $62,000. Quarry LP lifted its stake in shares of Korn/Ferry International by 193.6% in the 1st quarter. Quarry LP now owns 1,518 shares of the business services provider's stock valued at $103,000 after purchasing an additional 1,001 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Korn/Ferry International in the 1st quarter valued at $105,000. 98.82% of the stock is owned by institutional investors and hedge funds.

Korn/Ferry International Trading Down 3.6%

NYSE:KFY opened at $72.34 on Monday. Korn/Ferry International has a 52-week low of $59.23 and a 52-week high of $80.64. The stock's 50 day moving average price is $73.16 and its 200 day moving average price is $69.03. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $3.79 billion, a PE ratio of 15.36 and a beta of 1.49.

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

Korn/Ferry International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders 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 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%.

Analysts Set New Price Targets

Several brokerages have recently commented on KFY. Truist Financial upped their price target on Korn/Ferry International from $80.00 to $88.00 and gave the company a "buy" rating in a research note on Friday, June 20th. UBS Group cut their price target 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 downgraded Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a report on Wednesday, July 9th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $81.00.

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.

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