Kimbell Royalty Partners, LP (NYSE:KRP) Short Interest Update

Posted by Suzanne Cooper on Mar 16th, 2025

Kimbell Royalty Partners, LP (NYSE:KRP – Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 982,000 shares, a growth of 39.3% from the February 13th total of 705,100 shares. Based on an average daily volume of 942,300 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.1% of the shares of the company are sold short.

Analysts Set New Price Targets

A number of brokerages have issued reports on KRP. Bank of America decreased their target price on Kimbell Royalty Partners from $16.00 to $14.00 and set an “underperform” rating for the company in a research report on Tuesday, March 4th. Truist Financial cut Kimbell Royalty Partners from a “buy” rating to a “hold” rating and decreased their target price for the stock from $22.00 to $16.00 in a research report on Tuesday, March 4th. Finally, Raymond James reaffirmed a “market perform” rating on shares of Kimbell Royalty Partners in a research report on Monday, March 3rd.

Get Our Latest Analysis on KRP

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. American Century Companies Inc. raised its stake in shares of Kimbell Royalty Partners by 15.4% in the fourth quarter. American Century Companies Inc. now owns 2,208,353 shares of the energy company’s stock valued at $35,842,000 after purchasing an additional 294,789 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Kimbell Royalty Partners in the fourth quarter valued at $30,449,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Kimbell Royalty Partners by 14.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 647,657 shares of the energy company’s stock valued at $10,511,000 after purchasing an additional 82,499 shares in the last quarter. King Luther Capital Management Corp raised its stake in shares of Kimbell Royalty Partners by 0.5% in the fourth quarter. King Luther Capital Management Corp now owns 443,119 shares of the energy company’s stock valued at $7,192,000 after purchasing an additional 2,200 shares in the last quarter. Finally, Orvieto Partners L.P. acquired a new position in shares of Kimbell Royalty Partners in the fourth quarter valued at $6,103,000. 25.78% of the stock is currently owned by institutional investors and hedge funds.

Kimbell Royalty Partners Stock Performance

Shares of KRP stock traded up $0.39 during trading hours on Friday, reaching $14.02. 742,492 shares of the company’s stock were exchanged, compared to its average volume of 1,106,728. Kimbell Royalty Partners has a fifty-two week low of $13.24 and a fifty-two week high of $17.07. The stock has a market capitalization of $1.50 billion, a P/E ratio of 27.48, a P/E/G ratio of 4.25 and a beta of 1.01. The business has a fifty day moving average price of $15.30 and a 200-day moving average price of $15.73. The company has a quick ratio of 5.20, a current ratio of 5.20 and a debt-to-equity ratio of 0.40.

Kimbell Royalty Partners Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 18th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 11.42%. Kimbell Royalty Partners’s payout ratio is -1,454.55%.