New Vernon Capital Holdings II LLC Has $17.30 Million Stock Holdings in Korn/Ferry International $KFY

Key Points

• New Vernon Capital Holdings II LLC has significantly increased its stake in Korn/Ferry International, acquiring 252,979 shares and boosting its ownership by 11,876.9% to approximately 255,109 shares, worth $17,304,000.
• Equities analysts have mixed opinions on Korn/Ferry, with UBS Group lowering its target price to $74.00 while Truist Financial raised its price objective to $88.00, indicating varying assessments of the stock's potential.
• Korn/Ferry International recently reported $712.05 million in revenue for the quarter, exceeding analysts' estimates, and declared a quarterly dividend of $0.48 per share, representing a 2.6% dividend yield.

New Vernon Capital Holdings II LLC raised its stake in shares of Korn/Ferry International (NYSE:KFY - Free Report) by 11,876.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 255,109 shares of the business services provider's stock after purchasing an additional 252,979 shares during the quarter. New Vernon Capital Holdings II LLC owned 0.49% of Korn/Ferry International worth $17,304,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. CX Institutional acquired a new stake in Korn/Ferry International during the first quarter valued at approximately $39,000. GAMMA Investing LLC lifted its holdings in Korn/Ferry International by 11.4% during the 1st quarter. GAMMA Investing LLC now owns 1,937 shares of the business services provider's stock worth $131,000 after buying an additional 199 shares in the last quarter. Edgestream Partners L.P. lifted its holdings in Korn/Ferry International by 140.1% during the 1st quarter. Edgestream Partners L.P. now owns 91,138 shares of the business services provider's stock worth $6,182,000 after buying an additional 53,175 shares in the last quarter. Two Sigma Investments LP bought a new stake in shares of Korn/Ferry International during the 4th quarter valued at $1,593,000. Finally, Jane Street Group LLC raised its position in shares of Korn/Ferry International by 1,385.2% during the 1st quarter. Jane Street Group LLC now owns 202,461 shares of the business services provider's stock valued at $13,733,000 after acquiring an additional 188,829 shares during the last quarter. 98.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KFY has been the subject of several recent research reports. 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. Truist Financial upped their target price on shares of Korn/Ferry International from $80.00 to $88.00 and gave the company a "buy" rating in a research report on Friday, June 20th. Finally, UBS Group dropped their target price on shares of Korn/Ferry International from $75.00 to $74.00 and set a "neutral" rating for the company in a research report on Tuesday, May 27th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Korn/Ferry International has a consensus rating of "Moderate Buy" and an average price target of $81.00.

Korn/Ferry International Trading Up 0.4%

Shares of KFY traded up $0.26 during trading hours on Wednesday, reaching $73.19. The stock had a trading volume of 391,161 shares, compared to its average volume of 419,539. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.21. Korn/Ferry International has a 52 week low of $59.23 and a 52 week high of $80.64. The firm has a 50-day moving average of $73.21 and a 200 day moving average of $68.82. The company has a market cap of $3.83 billion, a P/E ratio of 15.84 and a beta of 1.49.

Korn/Ferry International (NYSE:KFY - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The business services provider reported $1.31 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $0.07. Korn/Ferry International had a net margin of 8.91% and a return on equity of 14.49%. The business had revenue of $708.61 million during the quarter, compared to analysts' expectations of $688.72 million. During the same quarter in the prior year, the company earned $1.17 EPS. The firm's quarterly revenue 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, sell-side analysts expect that Korn/Ferry International will post 4.75 earnings per share for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Friday, September 26th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, September 26th. Korn/Ferry International's dividend payout ratio is 41.56%.

Korn/Ferry International 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.