Teacher Retirement System of Texas Acquires 15,782 Shares of Korn/Ferry International $KFY

Key Points

• Teacher Retirement System of Texas increased its stake in Korn/Ferry by 16.7%, acquiring 15,782 shares to hold 110,419 shares (about 0.21% of the company) worth $7.29 million.
• Korn/Ferry beat quarterly estimates (EPS $1.28 vs. $1.24 expected) with revenue of $725.04 million (up 7.2% year-over-year), set Q4 2026 EPS guidance of $1.340–1.400, and raised its quarterly dividend to $0.55 ($2.20 annual, 3.3% yield).
• Analysts are mixed but the consensus rating is a Moderate Buy with a $73 target; the stock trades near $65.81 with a market cap of about $3.4 billion and a P/E of 13.01.

Teacher Retirement System of Texas boosted its holdings in shares of Korn/Ferry International (NYSE:KFY - Free Report) by 16.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,419 shares of the business services provider's stock after acquiring an additional 15,782 shares during the period. Teacher Retirement System of Texas owned about 0.21% of Korn/Ferry International worth $7,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ritholtz Wealth Management grew its holdings in Korn/Ferry International by 0.8% during the 3rd quarter. Ritholtz Wealth Management now owns 17,657 shares of the business services provider's stock worth $1,236,000 after acquiring an additional 143 shares in the last quarter. Summit Global Investments grew its holdings in Korn/Ferry International by 1.0% during the 3rd quarter. Summit Global Investments now owns 16,716 shares of the business services provider's stock worth $1,170,000 after acquiring an additional 168 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Korn/Ferry International by 20.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the business services provider's stock worth $72,000 after acquiring an additional 175 shares in the last quarter. Baron Wealth Management LLC grew its holdings in Korn/Ferry International by 5.4% during the 3rd quarter. Baron Wealth Management LLC now owns 3,486 shares of the business services provider's stock worth $244,000 after acquiring an additional 179 shares in the last quarter. Finally, Vise Technologies Inc. grew its holdings in Korn/Ferry International by 2.9% during the 3rd quarter. Vise Technologies Inc. now owns 6,378 shares of the business services provider's stock worth $446,000 after acquiring an additional 179 shares in the last quarter. 98.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on KFY shares. Wall Street Zen upgraded shares of Korn/Ferry International from a "hold" rating to a "buy" rating in a report on Sunday, March 1st. Weiss Ratings cut shares of Korn/Ferry International from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, March 13th. UBS Group increased their target price on shares of Korn/Ferry International from $65.00 to $70.00 and gave the stock a "neutral" rating in a report on Thursday, April 9th. Finally, Truist Financial dropped their target price on shares of Korn/Ferry International from $88.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Korn/Ferry International has an average rating of "Moderate Buy" and a consensus target price of $73.00.

Korn/Ferry International Stock Up 0.0%

NYSE:KFY opened at $65.81 on Monday. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $78.50. The stock has a market capitalization of $3.41 billion, a P/E ratio of 13.01 and a beta of 1.28. 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's 50-day simple moving average is $62.92 and its 200-day simple moving average is $65.55.

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

Korn/Ferry International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th were issued a $0.55 dividend. The ex-dividend date was Friday, March 27th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.3%. This is an increase from Korn/Ferry International's previous quarterly dividend of $0.48. Korn/Ferry International's dividend payout ratio (DPR) is 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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