Kilroy Realty (NYSE:KRC) Price Target Raised to $38.00

Kilroy Realty (NYSE:KRC) had its price target raised by Wells Fargo & Company from $33.00 to $38.00 in a research report report published on Tuesday,Benzinga reports. The firm currently has an equal weight rating on the real estate investment trust’s stock.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. cut their target price on Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. The Goldman Sachs Group lifted their price target on Kilroy Realty from $28.00 to $31.00 and gave the stock a “sell” rating in a report on Wednesday, July 29th. Needham & Company LLC reissued a “buy” rating on shares of Kilroy Realty in a research report on Monday, June 8th. Barclays upped their price objective on Kilroy Realty from $31.00 to $38.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Finally, Bank of America raised Kilroy Realty from a “neutral” rating to a “buy” rating and raised their target price for the company from $42.00 to $44.00 in a research report on Tuesday, June 16th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Kilroy Realty presently has an average rating of “Hold” and a consensus target price of $39.47.

Kilroy Realty Stock Up 1.4%

Kilroy Realty stock opened at $36.98 on Tuesday. Kilroy Realty has a fifty-two week low of $27.36 and a fifty-two week high of $45.03. The stock has a market cap of $4.30 billion, a PE ratio of 26.04 and a beta of 1.11. The firm’s 50-day simple moving average is $38.06 and its 200 day simple moving average is $34.40. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.65 and a current ratio of 2.65.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). The firm had revenue of $272.37 million during the quarter, compared to the consensus estimate of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The company’s revenue for the quarter was down 6.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.13 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Research analysts predict that Kilroy Realty will post 3.59 EPS for the current fiscal year.

Insider Buying and Selling

In other Kilroy Realty news, President Justin Smart sold 10,848 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $38.71, for a total transaction of $419,926.08. Following the sale, the president owned 519,872 shares in the company, valued at $20,124,245.12. This represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jolie A. Hunt sold 15,800 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of $37.79, for a total value of $597,082.00. Following the sale, the director owned 13,892 shares in the company, valued at approximately $524,978.68. This represents a 53.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.83% of the stock is currently owned by insiders.

Institutional Trading of Kilroy Realty

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wiser Advisor Group LLC purchased a new stake in Kilroy Realty during the 3rd quarter worth about $32,000. Caitong International Asset Management Co. Ltd purchased a new position in Kilroy Realty during the 3rd quarter valued at about $40,000. SJS Investment Consulting Inc. increased its position in shares of Kilroy Realty by 128.1% during the first quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 963 shares during the period. Elevation Wealth Partners LLC increased its position in shares of Kilroy Realty by 205.4% during the second quarter. Elevation Wealth Partners LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 984 shares during the period. Finally, Horizon Investments LLC purchased a new stake in shares of Kilroy Realty in the fourth quarter worth about $65,000. 94.22% of the stock is currently owned by institutional investors.

About Kilroy Realty

Kilroy Realty Corporation (NYSE: KRC) is a publicly traded real estate investment trust focused on the development, acquisition and management of high‐quality office and mixed‐use properties along the U.S. West Coast. The company’s portfolio encompasses major urban markets including Los Angeles, San Diego, the San Francisco Bay Area and Seattle. Kilroy Realty targets properties in transit‐oriented submarkets, blending workplace space with retail, residential and hospitality amenities to create vibrant, walkable neighborhoods.

Founded in the mid‐20th century by members of the Kilroy family, the company evolved from a regional landlord into one of the leading West Coast office landlords.