Truist Securities Reaffirms Buy Rating for Korn Ferry
Truist Securities maintains a buy rating on Korn Ferry with a price target of $80.
Key Points
- Truist Securities reiterated its buy rating on Korn Ferry, setting a price target of $80 as of June 9, 2026.
- Korn Ferry shares are trading near $72.81 with a market cap of about $3.8 billion and a P/E ratio of 14.53.
- Insider trades include CEO Gary Burnison selling 16,864 shares in October 2025, while analysts like UBS maintain a hold rating.
Truist Securities has reiterated its buy rating on Korn Ferry (NYSE:KFY), setting a price target of $80. This update was released on June 9, 2026, by analyst Tobey Sommer. Shares of Korn Ferry are currently trading around $72.81.
Other Institutional Activity in Korn Ferry
BlackRock, Inc. reduced its holdings in Korn Ferry by 147,046 shares, ending with 7,818,178 shares valued at approximately $492.2 million. Meanwhile, Wellington Management Group LLP increased its stake by 93,023 shares, bringing its total to 3,565,048 shares worth about $224.4 million. Dimensional Fund Advisors LP also grew its position by 122,669 shares, totaling 3,003,385 shares valued at $189.1 million.
Korn Ferry Stock Snapshot
Shares of NYSE:KFY are trading near $72.81. Korn Ferry has a market capitalization of approximately $3.8 billion and a P/E ratio of 14.53. The stock's 52-week range is between $58.95 and $78.50, with a 50-day moving average of $67.10 and a 200-day moving average of $67.04. The company's beta is 1.213, indicating its volatility relative to the market.
Recent Earnings
Korn Ferry reported revenue of about $2.86 billion, reflecting a growth rate of 7.3%. The company achieved a net margin of 9.39% and a return on equity of 14.3%. Its next earnings report is anticipated on March 9, 2026.
Dividend
Korn Ferry offers a dividend rate of $2.20 per share, yielding 3.0% with a payout ratio of 38.1%.
Insider Buying and Selling at Korn Ferry
In recent insider activity, CEO Gary Burnison sold 16,864 shares on October 9, 2025, at an average price of $70.01. Lori Jean Robinson sold 2,000 shares at $69.44 on October 14, 2025. CFO Robert Rozek sold 22,470 shares on December 23, 2025.
Analysts Set New Price Targets
On June 9, 2026, Truist Securities maintained its buy rating on Korn Ferry with an $80 price target. UBS recently maintained a hold rating with a $70 target on April 9, 2026. The consensus among analysts is a strong buy, with an average target price of $79.25.
About Korn Ferry
Korn Ferry, headquartered in Los Angeles, California, is a global organizational consulting firm. It provides services to help companies with talent strategies, organizational structures, and workforce capabilities. The firm operates various cloud-based human resources platforms and serves a diverse range of industries, including consumer markets, financial services, healthcare, and technology. Korn Ferry was founded in 1969 and is led by CEO Gary D. Burnison.
Bottom Line
Truist Securities' reiteration of its buy rating on Korn Ferry highlights ongoing confidence in the company's prospects. Investors often track such analyst updates for potential impacts on stock movement. As a reminder, these ratings reflect analysts' views at the time of the report and may not represent their current stance.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.