Palogic Value Management L.P. bought a new stake in Kimco Realty Corporation (NYSE:KIM – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 55,036 shares of the real estate investment trust’s stock, valued at approximately $1,395,000.
Several other hedge funds have also recently added to or reduced their stakes in the business. Zions Bancorporation National Association UT boosted its holdings in Kimco Realty by 270.4% during the fourth quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,049 shares in the last quarter. Root Financial Partners LLC raised its holdings in shares of Kimco Realty by 60.7% in the 1st quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 546 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Kimco Realty in the 2nd quarter worth approximately $37,000. MUFG Securities EMEA plc bought a new position in shares of Kimco Realty during the 2nd quarter worth approximately $42,000. Finally, Clearstead Advisors LLC lifted its position in shares of Kimco Realty by 92.5% during the 4th quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 1,166 shares during the period. Institutional investors and hedge funds own 89.25% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently commented on KIM. Wells Fargo & Company boosted their price target on Kimco Realty from $25.00 to $26.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. lifted their price objective on Kimco Realty from $25.00 to $26.00 and gave the company a “neutral” rating in a report on Tuesday. Scotiabank boosted their target price on shares of Kimco Realty from $24.00 to $25.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. Truist Financial boosted their target price on shares of Kimco Realty from $23.00 to $25.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $28.00 target price on shares of Kimco Realty in a report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $26.56.
Kimco Realty Stock Performance
NYSE:KIM opened at $24.03 on Thursday. Kimco Realty Corporation has a 1 year low of $19.76 and a 1 year high of $26.65. The firm has a 50 day moving average of $25.06 and a 200-day moving average of $24.00. The company has a current ratio of 5.23, a quick ratio of 5.23 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $16.12 billion, a P/E ratio of 28.27, a price-to-earnings-growth ratio of 2.57 and a beta of 0.95.
Kimco Realty (NYSE:KIM – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.26. The business had revenue of $550.80 million for the quarter, compared to analyst estimates of $543.75 million. Kimco Realty had a return on equity of 5.76% and a net margin of 27.76%.Kimco Realty’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.44 EPS. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. As a group, sell-side analysts anticipate that Kimco Realty Corporation will post 1.84 EPS for the current fiscal year.
Kimco Realty Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be paid a $0.28 dividend. This is an increase from Kimco Realty’s previous quarterly dividend of $0.26. This represents a $1.12 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Friday, September 4th. Kimco Realty’s payout ratio is presently 122.35%.
More Kimco Realty News
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
Kimco Realty Company 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.
See Also
- Five stocks we like better than Kimco Realty
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Want to see what other hedge funds are holding KIM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimco Realty Corporation (NYSE:KIM – Free Report).
Receive News & Ratings for Kimco Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimco Realty and related companies with MarketBeat.com's FREE daily email newsletter.
