Wilmington Savings Fund Society FSB decreased its stake in shares of KKR & Co. Inc. (NYSE:KKR – Free Report) by 31.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,658 shares of the asset manager’s stock after selling 7,933 shares during the period. Wilmington Savings Fund Society FSB’s holdings in KKR & Co. Inc. were worth $2,295,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of KKR & Co. Inc. in the 2nd quarter worth $1,530,419,000. Strive Asset Management LLC purchased a new stake in KKR & Co. Inc. during the third quarter valued at $535,907,000. Viking Global Investors LP purchased a new stake in KKR & Co. Inc. during the third quarter valued at $352,038,000. Close Asset Management Ltd lifted its holdings in KKR & Co. Inc. by 4,155.1% in the third quarter. Close Asset Management Ltd now owns 1,515,299 shares of the asset manager’s stock valued at $196,845,000 after acquiring an additional 1,479,688 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of KKR & Co. Inc. by 454.1% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,381,342 shares of the asset manager’s stock valued at $183,760,000 after purchasing an additional 1,132,046 shares during the period. Institutional investors own 76.26% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on KKR shares. Oppenheimer lowered their price objective on shares of KKR & Co. Inc. from $190.00 to $187.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. TD Cowen cut shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and cut their price objective for the company from $146.00 to $131.00 in a research report on Wednesday, January 14th. UBS Group reduced their price target on KKR & Co. Inc. from $168.00 to $125.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Weiss Ratings upgraded KKR & Co. Inc. from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada began coverage on KKR & Co. Inc. in a research report on Tuesday, February 24th. They issued an “outperform” rating and a $137.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $151.80.
KKR & Co. Inc. Trading Up 1.9%
KKR opened at $90.70 on Thursday. KKR & Co. Inc. has a 52 week low of $82.67 and a 52 week high of $153.87. The company has a market capitalization of $80.87 billion, a P/E ratio of 38.76, a PEG ratio of 0.65 and a beta of 2.01. The stock’s fifty day moving average is $106.40 and its two-hundred day moving average is $120.80. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.69.
KKR & Co. Inc. Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th were issued a $0.185 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $0.74 annualized dividend and a dividend yield of 0.8%. KKR & Co. Inc.’s payout ratio is currently 31.62%.
Insider Buying and Selling at KKR & Co. Inc.
In other KKR & Co. Inc. news, CEO Joseph Y. Bae acquired 125,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were purchased at an average cost of $102.19 per share, for a total transaction of $12,773,750.00. Following the completion of the purchase, the chief executive officer owned 509,257 shares in the company, valued at approximately $52,040,972.83. This trade represents a 32.53% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Timothy R. Barakett acquired 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were acquired at an average cost of $94.47 per share, for a total transaction of $4,723,500.00. Following the completion of the acquisition, the director owned 285,000 shares of the company’s stock, valued at $26,923,950. This trade represents a 21.28% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 393,872 shares of company stock worth $40,090,679 over the last quarter. 23.20% of the stock is currently owned by company insiders.
More KKR & Co. Inc. News
Here are the key news stories impacting KKR & Co. Inc. this week:
- Positive Sentiment: KKR agreed to invest up to $310 million to scale PMI Electro’s e‑bus platform Allfleet in India, expanding its mobility/EV footprint and recurring revenue opportunities in a fast-growing market — a clear growth and ESG‑themed deployment of capital. Article Title BusinessWire Release
- Neutral Sentiment: Market commentary flagged that KKR underperformed some peers despite intraday gains, indicating mixed investor reactions and that broader sector/market dynamics (and valuation concerns) may limit upside. MarketWatch
- Negative Sentiment: An investor law‑firm (Pomerantz) announced an investigation into KKR on behalf of shareholders — such probes can weigh on sentiment, raise concerns about disclosure or governance, and lead to litigation risk. GlobeNewswire
- Negative Sentiment: Analyst/commentary pieces amplified concerns about KKR’s exposure to private‑credit market risks, which can pressure NAV, fundraising, and investor confidence in private markets-focused firms. This may cap gains from positive deal news. Seeking Alpha
KKR & Co. Inc. Company Profile
KKR & Co Inc is a global investment firm headquartered in New York City that specializes in private markets and alternative asset management. Founded in 1976 by Jerome Kohlberg Jr., Henry Kravis and George R. Roberts, the firm built its reputation in leveraged buyouts and has since expanded into a multi-strategy asset manager. KKR operates across private equity, credit, real assets (including real estate and infrastructure), growth equity and hedge fund strategies, offering a range of investment products and strategies for institutional and private investors.
KKR manages capital through traditional closed-end funds as well as customized vehicles such as separate accounts, co-investments, and listed investment vehicles.
See Also
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