Caisse de depot et placement du Quebec Invests $140.31 Million in Kimco Realty Corporation $KIM

Key Points

• Caisse de dépôt et placement du Québec acquired 5.53 million Kimco Realty shares worth approximately $140.3 million, giving it a 0.83% stake. Institutional investors and hedge funds collectively own 89.25% of the REIT.
• Kimco reported quarterly EPS of $0.46, beating estimates by $0.26, while revenue rose 4.9% year over year to $550.8 million. The company maintained 2026 EPS guidance of $1.83–$1.84.
• Kimco increased its quarterly dividend to $0.28 per share, equating to a $1.12 annualized payout and a 4.7% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $26.56.

Caisse de depot et placement du Quebec acquired a new position in shares of Kimco Realty Corporation (NYSE:KIM - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,534,718 shares of the real estate investment trust's stock, valued at approximately $140,305,000. Caisse de depot et placement du Quebec owned about 0.83% of Kimco Realty as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Kimco Realty by 59.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 111,247 shares of the real estate investment trust's stock worth $2,351,000 after acquiring an additional 41,265 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Kimco Realty by 6.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 639,985 shares of the real estate investment trust's stock worth $13,593,000 after purchasing an additional 38,554 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in Kimco Realty during the 1st quarter worth approximately $61,000. Quantbot Technologies LP bought a new position in Kimco Realty in the 2nd quarter valued at approximately $331,000. Finally, EverSource Wealth Advisors LLC lifted its stake in Kimco Realty by 30.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,069 shares of the real estate investment trust's stock valued at $107,000 after purchasing an additional 1,170 shares during the last quarter. 89.25% of the stock is owned by institutional investors and hedge funds.

Kimco Realty Trading Down 0.1%

KIM opened at $24.03 on Thursday. Kimco Realty Corporation has a fifty-two week low of $19.76 and a fifty-two week high of $26.65. The company has a debt-to-equity ratio of 0.84, a current ratio of 5.23 and a quick ratio of 5.23. The firm has a market capitalization of $16.12 billion, a price-to-earnings ratio of 28.27, a PEG ratio of 2.57 and a beta of 0.95. The company's 50 day moving average price is $25.06 and its two-hundred day moving average price is $24.00.

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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.26. The firm 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%. The company's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. As a group, research analysts predict that Kimco Realty Corporation will post 1.84 earnings per share for the current year.

Kimco Realty Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.12 annualized dividend and a yield of 4.7%. This is an increase from Kimco Realty's previous quarterly dividend of $0.26. Kimco Realty's dividend payout ratio is 122.35%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KIM. Piper Sandler boosted their target price on shares of Kimco Realty from $28.00 to $31.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 21st. Evercore set a $25.00 price target on Kimco Realty in a research note on Friday, May 1st. Weiss Ratings reiterated a "buy (b)" rating on shares of Kimco Realty in a research note on Friday, July 31st. Truist Financial raised their price objective on Kimco Realty from $23.00 to $25.00 and gave the company a "hold" rating in a report on Thursday, May 28th. Finally, Citigroup boosted their price objective on Kimco Realty from $24.00 to $26.00 and gave the stock a "neutral" rating in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Kimco Realty presently has an average rating of "Moderate Buy" and a consensus price target of $26.56.

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.

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