Nuveen LLC Takes $14.47 Million Position in Korn/Ferry International $KFY

Key Points

• Nuveen LLC has invested approximately $14.47 million in Korn/Ferry International by acquiring 213,365 shares, representing about 0.41% of the company's ownership.
• Korn/Ferry International reported $1.32 EPS for the latest quarter, surpassing the consensus estimate of $1.26 and achieving a revenue of $712.05 million.
• The company declared a quarterly dividend of $0.48 per share, resulting in an annualized dividend of $1.92 and a yield of 2.6%.

Nuveen LLC bought a new position in Korn/Ferry International (NYSE:KFY - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 213,365 shares of the business services provider's stock, valued at approximately $14,473,000. Nuveen LLC owned about 0.41% of Korn/Ferry International at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of KFY. Versant Capital Management Inc grew its stake 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 acquired a new position in Korn/Ferry International in the 1st quarter valued at approximately $39,000. Headlands Technologies LLC acquired a new position in shares of Korn/Ferry International during the first quarter worth $105,000. Sterling Capital Management LLC lifted its position in shares of Korn/Ferry International by 828.3% during the 4th quarter. Sterling Capital Management LLC now owns 1,671 shares of the business services provider's stock valued at $113,000 after acquiring an additional 1,491 shares during the period. Finally, GAMMA Investing LLC increased its stake in 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 valued at $131,000 after purchasing an additional 199 shares in the last quarter. Institutional investors own 98.82% of the company's stock.

Korn/Ferry International Stock Down 0.4%

Shares of KFY traded down $0.28 on Monday, hitting $76.18. 176,314 shares of the stock traded hands, compared to its average volume of 416,909. The company has a market capitalization of $3.99 billion, a PE ratio of 16.48 and a beta of 1.47. The business has a 50 day simple moving average of $72.61 and a 200 day simple moving average of $68.20. Korn/Ferry International has a one year low of $59.23 and a one year high of $80.64. 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 announced its quarterly earnings results on Wednesday, June 18th. The business services provider reported $1.32 EPS for the quarter, beating analysts' consensus estimates of $1.26 by $0.06. The firm had revenue of $712.05 million during the quarter, compared to the consensus estimate 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 for the quarter was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.26 EPS. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. As a group, equities analysts forecast 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. Investors of record on Thursday, July 3rd were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.5%. The ex-dividend date was Thursday, July 3rd. Korn/Ferry International's dividend payout ratio (DPR) is presently 41.56%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on KFY. Truist Financial boosted their price target on shares of Korn/Ferry International from $80.00 to $88.00 and gave the stock a "buy" rating in a report on Friday, June 20th. UBS Group reduced their price objective on shares of 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. Finally, Wall Street Zen downgraded Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, July 9th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently 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.