Kimco Realty Corporation $KIM Holdings Lessened by Douglas Lane & Associates LLC

Key Points

• Douglas Lane & Associates cut its Kimco Realty stake by 31.9% in the third quarter, selling 305,827 shares and retaining 653,389 shares worth approximately $14.5 million. Institutional investors collectively own 89.25% of KIM.
• Kimco reported quarterly EPS of $0.46, exceeding the $0.20 analyst consensus, while revenue rose 4.9% year over year to $550.8 million. The company provided fiscal 2026 EPS guidance of $1.83–$1.84.
• Kimco increased its quarterly dividend to $0.28 per share, or $1.12 annualized, representing a 5.1% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $26, versus a recent share price of $22.18.

Douglas Lane & Associates LLC lowered its stake in Kimco Realty Corporation (NYSE:KIM - Free Report) by 31.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 653,389 shares of the real estate investment trust's stock after selling 305,827 shares during the period. Douglas Lane & Associates LLC owned approximately 0.10% of Kimco Realty worth $14,512,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in KIM. Root Financial Partners LLC increased its position in shares of Kimco Realty by 60.7% during the 1st quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 546 shares during the last quarter. IFP Advisors Inc lifted its position in Kimco Realty by 37.9% in the second quarter. IFP Advisors Inc now owns 1,738 shares of the real estate investment trust's stock worth $44,000 after buying an additional 478 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in Kimco Realty by 42.9% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 3,000 shares of the real estate investment trust's stock worth $61,000 after buying an additional 900 shares during the period. Brown Lisle Cummings Inc. boosted its stake in Kimco Realty by 100.0% during the first quarter. Brown Lisle Cummings Inc. now owns 3,000 shares of the real estate investment trust's stock worth $67,000 after buying an additional 1,500 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in Kimco Realty by 41.9% during the second quarter. Parkside Financial Bank & Trust now owns 2,867 shares of the real estate investment trust's stock valued at $73,000 after acquiring an additional 847 shares during the last quarter. 89.25% of the stock is owned by institutional investors.

Kimco Realty Trading Up 0.4%

KIM traded up $0.09 during trading on Friday, hitting $22.18. 925,371 shares of the stock were exchanged, compared to its average volume of 5,166,600. The firm has a 50 day simple moving average of $23.48 and a 200 day simple moving average of $23.98. The firm has a market cap of $14.87 billion, a price-to-earnings ratio of 26.06, a P/E/G ratio of 2.54 and a beta of 0.94. Kimco Realty Corporation has a 1 year low of $19.76 and a 1 year high of $26.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 5.23 and a current ratio of 5.23.

Kimco Realty (NYSE:KIM - Get Free Report) 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, topping analysts' consensus estimates of $0.20 by $0.26. The business had revenue of $550.80 million for the quarter, compared to the consensus estimate of $543.75 million. Kimco Realty had a return on equity of 5.76% and a net margin of 27.76%.The business's revenue was up 4.9% compared to the same quarter last year. During the same quarter 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, equities analysts expect that Kimco Realty Corporation will post 1.84 EPS for the current year.

Kimco Realty Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Friday, September 4th were given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, September 4th. This is a boost from Kimco Realty's previous quarterly dividend of $0.26. Kimco Realty's dividend payout ratio is currently 131.76%.

Analysts Set New Price Targets

KIM has been the subject of several analyst reports. Raymond James Financial restated a "strong-buy" rating and issued a $29.00 target price on shares of Kimco Realty in a report on Monday, June 29th. Barclays reduced their price objective on shares of Kimco Realty from $28.00 to $27.00 and set an "overweight" rating on the stock in a research report on Monday, September 28th. Mizuho dropped their target price on Kimco Realty from $25.00 to $23.00 and set a "neutral" rating for the company in a research report on Thursday, September 24th. JPMorgan Chase & Co. increased their price target on Kimco Realty from $25.00 to $26.00 and gave the stock a "neutral" rating in a report on Tuesday, August 25th. Finally, Jefferies Financial Group upgraded Kimco Realty to a "hold" rating in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $26.00.

Kimco Realty Profile

Kimco Realty Corporation is a real estate investment trust (REIT) that owns and operates open-air, grocery-anchored shopping centers and mixed-use properties. Its tenants include grocery stores, restaurants, retailers, service providers and other businesses that serve everyday consumer needs.

The company's activities include leasing, managing, acquiring, developing and redeveloping commercial real estate. Kimco focuses on well-located properties in major metropolitan areas and seeks to enhance them through tenant additions, property improvements and mixed-use development.

Founded in 1958 by Milton Cooper and partners, Kimco has grown into one of the largest publicly traded owners and operators of shopping centers in the United States.

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