KKR & Co. Inc. $KKR Stock: Kestra Advisory Services LLC Decreases Stake

Kestra Advisory Services LLC reduced its stake in KKR & Co. Inc. (NYSE:KKR) by 11.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 111,426 shares of the asset manager’s stock after selling 13,960 shares during the quarter. Kestra Advisory Services LLC’s holdings in KKR & Co. Inc. were worth $10,173,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in KKR & Co. Inc. by 6.9% in the 1st quarter. Principal Financial Group Inc. now owns 19,507,741 shares of the asset manager’s stock worth $1,804,470,000 after acquiring an additional 1,261,314 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of KKR & Co. Inc. during the 2nd quarter valued at $470,778,000. Amundi increased its stake in KKR & Co. Inc. by 65.3% in the 1st quarter. Amundi now owns 3,726,040 shares of the asset manager’s stock worth $344,659,000 after buying an additional 1,472,265 shares in the last quarter. Temasek Holdings Private Ltd raised its holdings in KKR & Co. Inc. by 164.4% during the first quarter. Temasek Holdings Private Ltd now owns 3,522,797 shares of the asset manager’s stock valued at $325,859,000 after acquiring an additional 2,190,248 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of KKR & Co. Inc. by 1.6% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,461,541 shares of the asset manager’s stock valued at $317,700,000 after acquiring an additional 55,489 shares in the last quarter. Institutional investors own 76.26% of the company’s stock.

Insider Transactions at KKR & Co. Inc.

In other KKR & Co. Inc. news, insider Dane Holmes sold 10,000 shares of KKR & Co. Inc. stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $108.58, for a total value of $1,085,800.00. Following the sale, the insider owned 8,513 shares of the company’s stock, valued at $924,341.54. The trade was a 54.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 23.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on KKR. TD Cowen decreased their target price on KKR & Co. Inc. from $118.00 to $103.00 and set a “hold” rating on the stock in a research note on Monday, October 12th. BNP Paribas Exane lowered their price target on KKR & Co. Inc. from $127.00 to $122.00 and set an “outperform” rating on the stock in a report on Thursday, October 1st. Oppenheimer upped their price target on KKR & Co. Inc. from $139.00 to $166.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. HSBC cut their price objective on shares of KKR & Co. Inc. from $121.00 to $115.00 and set a “buy” rating for the company in a report on Thursday, October 1st. Finally, Jefferies Financial Group reduced their price objective on shares of KKR & Co. Inc. from $129.00 to $112.00 and set a “buy” rating on the stock in a research report on Tuesday, October 6th. Seventeen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.58.

KKR & Co. Inc. News Summary

Here are the key news stories impacting KKR & Co. Inc. this week:

• Positive Sentiment: KKR earned $1.78 per share, topping the $1.58 consensus estimate and improving on $1.41 a year earlier. Revenue was reported at $4.56 billion, above analysts’ estimate of $2.66 billion. Higher assets under management and fee-related performance revenue added to the results. KKR stock gains as Q3 earnings beat estimates and AUM rises
• Positive Sentiment: Reports also highlighted record profit, with asset sales and fees surging. The earnings beat and growth in recurring fee income are the clearest positive catalysts for the stock. KKR profit hits record as asset sales and fees surge
• Neutral Sentiment: KKR’s leadership said the firm is cautious about AI investments and has limited AI exposure, while warning that the boom will produce both winners and losers. This signals risk awareness but may temper expectations for direct participation in AI-driven growth. KKR’s Nuttall says firm will be cautious with AI bets

KKR & Co. Inc. Stock Up 1.6%

KKR opened at $98.06 on Tuesday. The company has a market capitalization of $88.03 billion, a PE ratio of 20.85, a price-to-earnings-growth ratio of 0.78 and a beta of 1.72. The firm has a 50-day simple moving average of $95.80 and a two-hundred day simple moving average of $98.20. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.71. KKR & Co. Inc. has a 52 week low of $82.67 and a 52 week high of $144.84.

KKR & Co. Inc. (NYSE:KKR) last issued its earnings results on Monday, November 9th. The asset manager reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.20. The firm had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $2.66 billion. KKR & Co. Inc. had a return on equity of 5.88% and a net margin of 14.41%. During the same period in the previous year, the firm posted $1.41 earnings per share. Analysts forecast that KKR & Co. Inc. will post 7.35 earnings per share for the current fiscal year.

KKR & Co. Inc. Company Profile