M&T Bank Corp Increases Holdings in Korn/Ferry International $KFY

Key Points

• M&T Bank Corp boosted its stake in Korn/Ferry by 5,956% in Q4, acquiring 226,088 shares to hold 229,884 shares (about 0.44% of the company) valued at roughly $15.18 million.
• Korn/Ferry topped Q4 estimates with EPS of $1.28 (vs. $1.24 expected) and revenue of $725.04 million, up 7.2% year-over-year, and set Q4 2026 guidance of $1.34–$1.40 EPS.
• The company raised its quarterly dividend to $0.55 (annualized $2.20, ~3.4% yield), while analyst coverage is mixed but averages a "Moderate Buy" rating with a $73 consensus price target.

M&T Bank Corp boosted its holdings in shares of Korn/Ferry International (NYSE:KFY - Free Report) by 5,956.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 229,884 shares of the business services provider's stock after purchasing an additional 226,088 shares during the period. M&T Bank Corp owned about 0.44% of Korn/Ferry International worth $15,177,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Korn/Ferry International by 34.1% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 37,181 shares of the business services provider's stock valued at $2,467,000 after purchasing an additional 9,460 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Korn/Ferry International by 26.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,171 shares of the business services provider's stock valued at $1,134,000 after purchasing an additional 3,545 shares during the period. Bayforest Capital Ltd purchased a new position in Korn/Ferry International during the 4th quarter valued at $162,000. State of Alaska Department of Revenue increased its position in Korn/Ferry International by 2.0% during the 4th quarter. State of Alaska Department of Revenue now owns 29,985 shares of the business services provider's stock valued at $1,979,000 after purchasing an additional 580 shares during the period. Finally, Azzad Asset Management Inc. ADV increased its position in Korn/Ferry International by 4.1% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 19,064 shares of the business services provider's stock valued at $1,259,000 after purchasing an additional 759 shares during the period. Hedge funds and other institutional investors own 98.82% of the company's stock.

Analyst Ratings Changes

KFY has been the topic of a number of research analyst reports. Truist Financial reduced their price objective on shares of Korn/Ferry International from $88.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, March 10th. UBS Group boosted their price objective on shares of Korn/Ferry International from $65.00 to $70.00 and gave the company a "neutral" rating in a research report on Thursday, April 9th. Wall Street Zen raised shares of Korn/Ferry International from a "hold" rating to a "buy" rating in a research report on Sunday, March 1st. Finally, Weiss Ratings downgraded shares of Korn/Ferry International from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, March 13th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $73.00.

Korn/Ferry International Stock Down 2.6%

KFY stock opened at $65.38 on Friday. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $78.50. The business's 50 day moving average price is $62.83 and its two-hundred day moving average price is $65.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.01 and a current ratio of 2.01. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 12.92 and a beta of 1.28.

Korn/Ferry International (NYSE:KFY - Get Free Report) last posted its earnings results on Monday, March 9th. The business services provider reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.24 by $0.04. Korn/Ferry International had a return on equity of 14.36% and a net margin of 9.29%.The firm had revenue of $725.04 million for the quarter, compared to the consensus estimate of $692.45 million. During the same quarter in the prior year, the business earned $1.19 EPS. The business's revenue for the quarter was up 7.2% on a year-over-year basis. Korn/Ferry International has set its Q4 2026 guidance at 1.340-1.400 EPS. As a group, analysts forecast that Korn/Ferry International will post 5.29 earnings per share for the current fiscal year.

Korn/Ferry International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th were given a $0.55 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from Korn/Ferry International's previous quarterly dividend of $0.48. Korn/Ferry International's payout ratio is currently 43.48%.

About Korn/Ferry International

Korn Ferry International is a global organizational consulting firm that partners with clients to design optimal structures, roles and responsibilities. The company's core offerings include executive search, talent acquisition, leadership development and succession planning. By blending deep industry expertise with data-driven insights, Korn Ferry helps organizations identify, assess and develop executives and high-potential talent for critical roles.

Since its founding in 1969 and with headquarters in Los Angeles, Korn Ferry has expanded its presence to more than 50 offices across North America, Europe, Asia Pacific and Latin America.

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