Nuveen LLC Makes New Investment 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 acquired a new position in Korn/Ferry International (NYSE:KFY - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 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 reporting period.

Several other institutional investors have also added to or reduced their stakes in KFY. Versant Capital Management Inc lifted its stake in 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 worth $35,000 after purchasing an additional 223 shares during the last quarter. CX Institutional bought a new stake in Korn/Ferry International in the first quarter worth about $39,000. Headlands Technologies LLC bought a new stake in Korn/Ferry International in the first quarter worth about $105,000. Sterling Capital Management LLC lifted its stake in Korn/Ferry International by 828.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,671 shares of the business services provider's stock worth $113,000 after purchasing an additional 1,491 shares during the last quarter. Finally, GAMMA Investing LLC lifted 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 worth $131,000 after purchasing an additional 199 shares during the last quarter. Institutional investors own 98.82% of the company's stock.

Korn/Ferry International Stock Down 1.8%

NYSE:KFY traded down $1.38 during trading hours on Tuesday, reaching $74.84. The company's stock had a trading volume of 323,630 shares, compared to its average volume of 262,460. The company has a market capitalization of $3.92 billion, a P/E ratio of 16.20 and a beta of 1.47. Korn/Ferry International has a 12 month low of $59.23 and a 12 month 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. The stock has a 50 day moving average price of $72.95 and a two-hundred day moving average price of $68.32.

Korn/Ferry International (NYSE:KFY - Get Free Report) last issued its quarterly earnings data on Wednesday, June 18th. The business services provider reported $1.32 EPS for the quarter, topping analysts' consensus estimates of $1.26 by $0.06. The company 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%. Korn/Ferry International's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.26 earnings per share. Korn/Ferry International has set its Q1 2026 guidance at 1.180-1.260 EPS. Equities analysts predict that Korn/Ferry International will post 4.75 EPS for the current fiscal year.

Korn/Ferry International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Thursday, July 3rd were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, July 3rd. Korn/Ferry International's payout ratio is currently 41.56%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on KFY shares. Truist Financial raised their price objective on shares of Korn/Ferry International from $80.00 to $88.00 and gave the stock a "buy" rating in a research note on Friday, June 20th. Wall Street Zen downgraded shares of Korn/Ferry International from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, July 9th. Finally, UBS Group decreased their price target 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. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price 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.