Rush Island Management LP Acquires 2,226,821 Shares of Kilroy Realty Corporation $KRC

Rush Island Management LP raised its holdings in Kilroy Realty Corporation (NYSE:KRC) by 84.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,860,742 shares of the real estate investment trust’s stock after acquiring an additional 2,226,821 shares during the quarter. Kilroy Realty comprises 9.2% of Rush Island Management LP’s portfolio, making the stock its 3rd largest position. Rush Island Management LP’s holdings in Kilroy Realty were worth $137,122,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Wiser Advisor Group LLC bought a new stake in shares of Kilroy Realty during the 3rd quarter valued at $32,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Kilroy Realty in the 3rd quarter worth $40,000. SJS Investment Consulting Inc. boosted its position in shares of Kilroy Realty by 128.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 963 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Kilroy Realty in the 4th quarter worth $65,000. Finally, Horizon Investments LLC acquired a new stake in shares of Kilroy Realty during the fourth quarter worth $65,000. Institutional investors and hedge funds own 94.22% of the company’s stock.

Key Headlines Impacting Kilroy Realty

Here are the key news stories impacting Kilroy Realty this week:

• Positive Sentiment: FFO exceeded expectations: Second-quarter Nareit-defined funds from operations were $0.92 per diluted share, slightly above the $0.90 consensus estimate, although down from $1.13 a year earlier. Kilroy Realty Tops Q2 FFO Estimates
• Positive Sentiment: 2026 outlook was maintained: Kilroy affirmed full-year Nareit-defined FFO guidance of $3.49 to $3.63 per share, broadly in line with the analyst forecast of $3.58. Kilroy Realty Second-Quarter Results
• Positive Sentiment: Leasing and capital recycling provided support: The REIT signed approximately 376,000 square feet of leases and completed previously announced residential asset dispositions for $202 million in gross proceeds. Management also cited improving commercial real estate fundamentals and growing demand in its West Coast markets. Kilroy Realty Q2 Earnings Call Transcript
• Neutral Sentiment: Dividend was maintained: Kilroy declared and paid its regular quarterly cash dividend of $0.54 per common share, supporting income appeal but offering no new catalyst.
• Negative Sentiment: Net income and reported EPS fell sharply: Net income available to common stockholders declined to $19.9 million, or $0.17 per diluted share, from $68.4 million, or $0.57, a year earlier. The reported EPS figure was well below the $0.90 consensus estimate cited by several reports. Kilroy Realty Q2 Earnings Snapshot
• Negative Sentiment: Revenue and occupancy remained pressured: Revenue dropped 6% year over year to $272.4 million, while the stabilized portfolio was 77.0% occupied and 81.5% leased at quarter-end. These figures reinforce concerns about near-term office demand and earnings growth.

Kilroy Realty Price Performance

Shares of KRC stock opened at $38.61 on Wednesday. Kilroy Realty Corporation has a 12-month low of $27.36 and a 12-month high of $45.03. The firm has a market capitalization of $4.49 billion, a price-to-earnings ratio of 27.19 and a beta of 1.12. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.84. The firm has a fifty day moving average of $37.53 and a 200-day moving average of $34.09.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 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 net margin of 15.47% and a return on equity of 3.02%. Kilroy Realty’s quarterly revenue was down 6.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.13 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities research analysts forecast that Kilroy Realty Corporation will post 3.58 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.6%. Kilroy Realty’s dividend payout ratio (DPR) is currently 152.11%.

Insider Activity

In other news, Director Jolie A. Hunt sold 15,800 shares of Kilroy Realty stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $37.79, for a total transaction of $597,082.00. Following the transaction, the director owned 13,892 shares in the company, valued at $524,978.68. The trade was a 53.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Justin William Smart sold 10,848 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total value of $419,926.08. Following the completion of the transaction, the president owned 519,872 shares of the company’s stock, valued at $20,124,245.12. This represents a 2.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 29,648 shares of company stock worth $1,120,958 in the last 90 days. Corporate insiders own 0.83% of the company’s stock.

Wall Street Analyst Weigh In

KRC has been the subject of a number of recent analyst reports. UBS Group set a $44.00 price objective on Kilroy Realty in a report on Tuesday, June 16th. Mizuho raised their target price on Kilroy Realty from $29.00 to $34.00 and gave the stock an “underperform” rating in a report on Tuesday, July 21st. Scotiabank boosted their target price on Kilroy Realty from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Tuesday, July 21st. BMO Capital Markets upped their price target on Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Finally, Bank of America upgraded shares of Kilroy Realty from a “neutral” rating to a “buy” rating and increased their price target for the company from $42.00 to $44.00 in a research report on Tuesday, June 16th. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Kilroy Realty has an average rating of “Hold” and a consensus price target of $38.87.

Kilroy Realty Company Profile

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.