23,111 Shares in Kimco Realty Corporation $KIM Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. bought a new position in shares of Kimco Realty Corporation (NYSE:KIM) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 23,111 shares of the real estate investment trust’s stock, valued at approximately $586,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KIM. Geode Capital Management LLC raised its holdings in Kimco Realty by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 19,141,842 shares of the real estate investment trust’s stock worth $386,617,000 after purchasing an additional 223,936 shares during the last quarter. Legal & General Group Plc raised its stake in Kimco Realty by 7.5% during the fourth quarter. Legal & General Group Plc now owns 6,323,989 shares of the real estate investment trust’s stock worth $128,187,000 after buying an additional 443,046 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in Kimco Realty by 9.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 539,577 shares of the real estate investment trust’s stock worth $10,937,000 after buying an additional 48,672 shares during the last quarter. Strs Ohio lifted its holdings in Kimco Realty by 566.3% in the first quarter. Strs Ohio now owns 722,282 shares of the real estate investment trust’s stock valued at $16,230,000 after buying an additional 613,876 shares during the period. Finally, First Bank & Trust lifted its holdings in Kimco Realty by 406.9% in the second quarter. First Bank & Trust now owns 52,228 shares of the real estate investment trust’s stock valued at $1,324,000 after buying an additional 41,925 shares during the period. 89.25% of the stock is owned by institutional investors and hedge funds.

Kimco Realty News Summary

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

• Positive Sentiment: Zacks Research raised multiple EPS estimates: Forecasts increased for Q3 2026 to $0.46 from $0.45, Q4 2026 to $0.46 from $0.45, and full-year 2026 to $1.84 from $1.81. Zacks also lifted Q2 2027 EPS to $0.48, Q2 2028 EPS to $0.49, and FY2028 EPS to $1.94 from $1.93. These revisions suggest slightly improved expectations for the retail-focused real estate investment trust’s earnings growth.
• Positive Sentiment: JPMorgan raised its price target on Kimco Realty to $26 from $25, implying additional upside from recent trading levels. However, the firm maintained a “neutral” rating, limiting the bullish significance of the target increase. Benzinga report
• Neutral Sentiment: Analyst estimates remain broadly aligned with consensus. Zacks’ revised FY2026 EPS forecast of $1.84 matches the current consensus estimate, while its FY2028 forecast of $1.94 represents only a modest increase. The updates therefore provide incremental support but are unlikely to trigger a major repricing by themselves.
• Neutral Sentiment: Recent coverage characterized Kimco’s second-quarter performance as steady and highlighted the new $26 price target, reinforcing a stable operating outlook rather than signaling a major business inflection. Kimco Realty stock gains on fresh $26 price target and steady Q2 performance

Analyst Upgrades and Downgrades

A number of analysts have weighed in on KIM shares. The Goldman Sachs Group reiterated a “neutral” rating and set a $28.00 price target on shares of Kimco Realty in a report on Tuesday, August 11th. Wells Fargo & Company upped their target price on Kimco Realty from $25.00 to $26.00 and gave the company an “equal weight” rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. raised their target price on Kimco Realty from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Tuesday. Stifel Nicolaus set a $28.00 price objective on shares of Kimco Realty in a research note on Thursday, June 11th. Finally, Jefferies Financial Group raised shares of Kimco Realty to a “hold” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Kimco Realty has a consensus rating of “Moderate Buy” and an average price target of $26.56.

Kimco Realty Trading Down 0.1%

NYSE KIM opened at $24.03 on Thursday. The company has a quick ratio of 5.23, a current ratio of 5.23 and a debt-to-equity ratio of 0.84. Kimco Realty Corporation has a 52 week low of $19.76 and a 52 week high of $26.65. The business has a 50 day moving average price of $25.06 and a 200-day moving average price of $24.00. The company has a market cap of $16.12 billion, a price-to-earnings ratio of 28.27, a P/E/G ratio of 2.57 and a beta of 0.95.

Kimco Realty (NYSE:KIM) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.26. The business had revenue of $550.80 million during the quarter, compared to the consensus estimate of $543.75 million. Kimco Realty had a net margin of 27.76% and a return on equity of 5.76%. Kimco Realty’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 EPS. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. As a group, equities analysts expect that Kimco Realty Corporation will post 1.84 earnings per share for the current fiscal year.

Kimco Realty Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.12 dividend on an annualized basis and a yield of 4.7%. This is a positive change from Kimco Realty’s previous quarterly dividend of $0.26. Kimco Realty’s payout ratio is presently 122.35%.

Kimco Realty Profile

Founded in 1958 by Milton Cooper and headquartered in Jericho, New York, Kimco Realty Corporation (NYSE: KIM) is a leading publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of open-air shopping centers. The company’s portfolio, concentrated on neighborhood and community centers anchored by grocery stores, encompasses approximately 400 properties across the United States, with selective holdings in Canada and Mexico.

Kimco’s core business activities include acquiring, repositioning and managing retail real estate assets that serve as daily-need destinations for consumers.