Weekly Analysts’ Ratings Updates for KKR & Co. Inc. (KKR)

Several brokerages have updated their recommendations and price targets on shares of KKR & Co. Inc. (NYSE: KKR) in the last few weeks:

• 11/11/2024 – KKR & Co. Inc. had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $158.00 to $159.00. They now have a “buy” rating on the stock.
• 10/29/2024 – KKR & Co. Inc. had its price target raised by analysts at JMP Securities from $150.00 to $155.00. They now have a “market outperform” rating on the stock.
• 10/25/2024 – KKR & Co. Inc. was upgraded by analysts at StockNews.com to a “sell” rating.
• 10/25/2024 – KKR & Co. Inc. had its price target raised by analysts at Barclays PLC from $149.00 to $166.00. They now have an “overweight” rating on the stock.
• 10/25/2024 – KKR & Co. Inc. had its price target raised by analysts at Wells Fargo & Company from $139.00 to $152.00. They now have an “equal weight” rating on the stock.
• 10/25/2024 – KKR & Co. Inc. had its price target raised by analysts at TD Cowen from $166.00 to $184.00. They now have a “buy” rating on the stock.
• 10/25/2024 – KKR & Co. Inc. had its price target raised by analysts at Citigroup Inc. from $157.00 to $171.00. They now have a “buy” rating on the stock.
• 10/25/2024 – KKR & Co. Inc. had its price target raised by analysts at The Goldman Sachs Group, Inc. from $145.00 to $160.00. They now have a “buy” rating on the stock.
• 10/16/2024 – KKR & Co. Inc. had its price target raised by analysts at Oppenheimer Holdings Inc. from $128.00 to $148.00. They now have an “outperform” rating on the stock.
• 10/14/2024 – KKR & Co. Inc. had its price target raised by analysts at Evercore ISI from $135.00 to $145.00. They now have an “outperform” rating on the stock.
• 10/10/2024 – KKR & Co. Inc. had its price target raised by analysts at Morgan Stanley from $107.00 to $143.00. They now have an “equal weight” rating on the stock.
• 10/9/2024 – KKR & Co. Inc. had its price target raised by analysts at JMP Securities from $135.00 to $150.00. They now have a “market outperform” rating on the stock.
• 10/9/2024 – KKR & Co. Inc. had its price target raised by analysts at Wells Fargo & Company from $130.00 to $139.00. They now have an “equal weight” rating on the stock.
• 10/7/2024 – KKR & Co. Inc. was upgraded by analysts at StockNews.com to a “sell” rating.
• 10/7/2024 – KKR & Co. Inc. had its price target raised by analysts at Barclays PLC from $146.00 to $149.00. They now have an “overweight” rating on the stock.
• 10/3/2024 – KKR & Co. Inc. had its price target raised by analysts at The Goldman Sachs Group, Inc. from $137.00 to $145.00. They now have a “buy” rating on the stock.
• 9/21/2024 – KKR & Co. Inc. was upgraded by analysts at StockNews.com to a “sell” rating.
• 9/18/2024 – KKR & Co. Inc. was upgraded by analysts at Hsbc Global Res to a “strong-buy” rating.
• 9/18/2024 – KKR & Co. Inc. is now covered by analysts at HSBC Holdings plc. They set a “buy” rating and a $148.00 price target on the stock.

KKR & Co. Inc. Stock Performance

KKR stock opened at $152.16 on Thursday. The firm has a market cap of $135.15 billion, a PE ratio of 46.25, a price-to-earnings-growth ratio of 1.24 and a beta of 1.61. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The stock has a 50-day moving average price of $134.15 and a 200-day moving average price of $118.33. KKR & Co. Inc. has a 1-year low of $65.91 and a 1-year high of $156.54.

KKR & Co. Inc. (NYSE:KKR) last issued its earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.35. The business had revenue of $4.79 billion during the quarter, compared to the consensus estimate of $1.23 billion. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. During the same period in the previous year, the company posted $0.73 earnings per share. As a group, equities research analysts expect that KKR & Co. Inc. will post 4.12 earnings per share for the current year.

KKR & Co. Inc. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 19th. Shareholders of record on Monday, November 4th will be paid a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend is Monday, November 4th. KKR & Co. Inc.’s dividend payout ratio (DPR) is currently 21.28%.

Insider Buying and Selling at KKR & Co. Inc.

In other news, major shareholder Kkr Group Partnership L.P. bought 11,619,998 shares of the stock in a transaction dated Wednesday, September 11th. The shares were bought at an average cost of $11.13 per share, with a total value of $129,330,577.74. Following the completion of the transaction, the insider now directly owns 92,959,984 shares of the company’s stock, valued at $1,034,644,621.92. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, major shareholder Genetic Disorder L.P. Kkr sold 5,800,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $25.75, for a total transaction of $149,350,000.00. Following the transaction, the insider now directly owns 25,260,971 shares of the company’s stock, valued at $650,470,003.25. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Kkr Group Partnership L.P. purchased 11,619,998 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were purchased at an average price of $11.13 per share, for a total transaction of $129,330,577.74. Following the completion of the acquisition, the insider now owns 92,959,984 shares of the company’s stock, valued at $1,034,644,621.92. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders own 39.34% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of KKR. Swedbank AB increased its stake in shares of KKR & Co. Inc. by 33.5% during the 2nd quarter. Swedbank AB now owns 65,432 shares of the asset manager’s stock worth $6,886,000 after purchasing an additional 16,424 shares during the last quarter. XTX Topco Ltd increased its position in KKR & Co. Inc. by 116.8% in the second quarter. XTX Topco Ltd now owns 29,619 shares of the asset manager’s stock worth $3,117,000 after buying an additional 15,959 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of KKR & Co. Inc. by 100.7% in the first quarter. Advisors Asset Management Inc. now owns 20,055 shares of the asset manager’s stock valued at $2,017,000 after buying an additional 10,060 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of KKR & Co. Inc. during the 1st quarter valued at $2,514,000. Finally, Atria Investments Inc grew its stake in shares of KKR & Co. Inc. by 23.8% during the 1st quarter. Atria Investments Inc now owns 36,702 shares of the asset manager’s stock worth $3,691,000 after acquiring an additional 7,050 shares during the period. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.