RDA Financial Network Has $474,000 Stock Holdings in KKR & Co. Inc. $KKR

RDA Financial Network decreased its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 71.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 5,162 shares of the asset manager’s stock after selling 13,189 shares during the period. RDA Financial Network’s holdings in KKR & Co. Inc. were worth $474,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Washington Trust Advisors Inc. bought a new position in shares of KKR & Co. Inc. during the 4th quarter valued at about $27,000. Elyxium Wealth LLC acquired a new position in shares of KKR & Co. Inc. during the 4th quarter worth approximately $27,000. SouthState Bank Corp increased its holdings in KKR & Co. Inc. by 185.0% during the fourth quarter. SouthState Bank Corp now owns 228 shares of the asset manager’s stock worth $29,000 after buying an additional 148 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in shares of KKR & Co. Inc. in the 4th quarter valued at about $29,000. Finally, MV Capital Management Inc. bought a new position in shares of KKR & Co. Inc. during the 4th quarter worth approximately $31,000. 76.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

KKR has been the subject of several research reports. The Goldman Sachs Group cut their price objective on shares of KKR & Co. Inc. from $145.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. UBS Group lifted their target price on KKR & Co. Inc. from $113.00 to $126.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Morgan Stanley cut their price objective on KKR & Co. Inc. from $153.00 to $147.00 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Royal Bank Of Canada upped their price target on shares of KKR & Co. Inc. from $125.00 to $134.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Finally, Barclays lifted their price objective on KKR & Co. Inc. from $124.00 to $135.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $127.75.

KKR & Co. Inc. Stock Up 1.6%

Shares of NYSE:KKR opened at $108.23 on Wednesday. The business’s 50 day simple moving average is $96.51 and its two-hundred day simple moving average is $98.72. KKR & Co. Inc. has a 52-week low of $82.67 and a 52-week high of $152.10. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.08 and a current ratio of 0.08. The firm has a market cap of $97.18 billion, a P/E ratio of 34.47, a PEG ratio of 0.90 and a beta of 1.78.

KKR & Co. Inc. (NYSE:KKR) last released its quarterly earnings data on Thursday, July 30th. The asset manager reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.20. KKR & Co. Inc. had a net margin of 14.41% and a return on equity of 5.89%. The firm had revenue of $5.73 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the prior year, the company posted $1.18 earnings per share. As a group, research analysts forecast that KKR & Co. Inc. will post 5.54 EPS for the current fiscal year.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, August 10th. KKR & Co. Inc.’s payout ratio is currently 24.84%.

KKR & Co. Inc. announced that its board has approved a share buyback program on Tuesday, May 5th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the asset manager to purchase up to 0.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Trending Headlines about KKR & Co. Inc.

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

• Positive Sentiment: KKR agreed to take medical-device manufacturer Integer Holdings private. Reports put the transaction value at approximately $5.7 billion, while another report cited about $4.3 billion in cash, likely reflecting different measures of deal value. The acquisition expands KKR’s healthcare and medical-technology exposure but will require substantial capital deployment. KKR to take medical equipment maker Integer Holdings private in $5.7 billion deal
• Positive Sentiment: KKR closed a $19.2 billion infrastructure fund targeting North America and Europe. The fundraising strengthens its fee-generating assets under management and signals continued institutional demand for private infrastructure strategies. KKR closes $19.2 billion infrastructure fund
• Positive Sentiment: KKR is acquiring a 50% stake in TotalEnergies’ 1.2-gigawatt portfolio of operating European solar and wind assets, with an enterprise value of €1.8 billion. The transaction increases KKR’s renewable-energy exposure and adds contracted or already-producing assets. KKR to Acquire a 50% Stake in Renewable Assets
• Positive Sentiment: Analysts continued raising their targets: Argus moved to $125 with a buy rating, BMO Capital Markets to $118 with an outperform rating, and other coverage raised targets to $134-$135. The revisions reflect confidence in KKR’s resilience despite concerns about private-market asset valuations. Analyst price-target updates
• Neutral Sentiment: KKR-backed logistics company LEAP India is seeking an approximately $734 million valuation in an Indian IPO. A successful offering could provide valuation visibility for KKR’s investment, although the impact on KKR’s earnings is indirect. LEAP India IPO valuation
• Negative Sentiment: Unusually heavy options activity included purchases of 30,803 put contracts, roughly 231% above average. The activity may indicate increased hedging or bearish speculation, though options positioning alone does not confirm a change in the company’s fundamentals.

KKR & Co. Inc. 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.