KKR & Co. Inc. (NYSE:KKR) Posts Quarterly Earnings Results, Beats Estimates By $0.20 EPS

KKR & Co. Inc. (NYSE:KKR) announced its earnings results on Monday. The asset manager reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.20, FiscalAI reports. KKR & Co. Inc. had a return on equity of 5.88% and a net margin of 14.41%. The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter in the prior year, the company earned $1.41 earnings per share.

Here are the key takeaways from KKR & Co. Inc.’s conference call:

• KKR reported record third-quarter results for fee-related earnings, total operating earnings, and adjusted net income per share, each up more than 20% year over year. Fee-related earnings were $1.42 per share, and the fee-related margin reached a record 71%.
• Fundraising and deployment remained strong: KKR raised $25 billion in the quarter and invested $20 billion, while trailing-12-month fundraising reached $116 billion and dry powder hit a record $146 billion. Management also cited $75 billion in AUM not yet paying fees as a source of potential future growth.
• KKR said it expects more than $40 billion of capital returned to clients in 2026, a record, and expects the pending USI sale to generate about $3.3 billion in after-tax proceeds and roughly $2 billion in adjusted net income. The sale is subject to closing, and management said it is weighing buybacks, strategic holdings, M&A, and insurance for reinvestment.
• Management highlighted diversified earnings sources, including capital-markets fees and performance revenues, but did not forecast 2027 monetizations; it cited $18 billion of embedded gains at quarter-end. KKR also described a measured approach to AI infrastructure, saying data-center platforms represent 6% of infrastructure AUM and 1%–2% of firm AUM.

KKR & Co. Inc. Price Performance

NYSE KKR opened at $98.06 on Tuesday. The company has a market cap of $88.03 billion, a PE ratio of 31.23, a P/E/G ratio of 0.78 and a beta of 1.72. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.09 and a current ratio of 0.09. KKR & Co. Inc. has a 52-week low of $82.67 and a 52-week high of $144.84. The firm’s 50 day moving average price is $95.80 and its 200-day moving average price is $98.20.

KKR & Co. Inc. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 19th will be issued a dividend of $0.1950 per share. This represents a $0.78 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, November 19th. KKR & Co. Inc.’s dividend payout ratio is presently 24.84%.

Key Stories Impacting KKR & Co. Inc.

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

• Positive Sentiment: KKR reported third-quarter earnings of $1.78 per share, above the $1.58 consensus estimate and up from $1.41 a year earlier. Revenue of $4.56 billion also exceeded estimates. Higher management fees, strong fee-related earnings and capital raising helped drive the results. Article: KKR Q3 earnings beat helped by strong fee-related earnings, solid capital raising
• Positive Sentiment: KKR and Diamondback Energy agreed to acquire Five Point Infrastructure’s 70% stake in Deep Blue Midland Basin, a water-infrastructure platform. The partners will own the company jointly, adding exposure to an operating infrastructure business; financial terms were not disclosed. Article: Diamondback Energy and KKR to Acquire Deep Blue Midland Basin from Five Point Infrastructure
• Positive Sentiment: KKR declared a quarterly dividend of $0.195 per share, payable December 3 to shareholders of record November 19. The annualized payout is $0.78 per share. Dividend announcement
• Neutral Sentiment: KKR leadership said the firm is cautious about AI investments and has limited direct exposure to the boom. This may temper expectations for near-term AI-related gains, while reflecting a measured approach to investment risk. Article: KKR’s Nuttall Says Firm to Be Cautious With AI Bets

Insider Activity at KKR & Co. Inc.

In other news, insider Dane Holmes sold 10,000 shares of the company’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $108.58, for a total transaction of $1,085,800.00. Following the transaction, the insider directly owned 8,513 shares of the company’s stock, valued at approximately $924,341.54. This represents a 54.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 23.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on KKR. TD Cowen dropped their target price on shares of KKR & Co. Inc. from $118.00 to $103.00 and set a “hold” rating for the company in a research report on Monday, October 12th. Rothschild & Co Redburn increased their target price on KKR & Co. Inc. from $133.00 to $138.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Argus upped their price target on KKR & Co. Inc. from $115.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Piper Sandler lowered their price objective on KKR & Co. Inc. from $128.00 to $121.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of KKR & Co. Inc. in a research report on Friday, September 11th. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $123.58.

KKR & Co. Inc. Company Profile