KKR & Co. Inc. $KKR Stock Acquired by IFP Advisors Inc

Key Points

• IFP Advisors increased its KKR stake by 30.3% in the third quarter, purchasing 12,386 additional shares to own 53,284 shares valued at approximately $4.87 million. Institutional investors collectively own 76.26% of KKR.
• Analysts remain broadly positive, with 17 Buy ratings and four Holds, producing a “Moderate Buy” consensus and an average price target of $124.21.
• KKR recently exceeded quarterly earnings expectations, reporting $1.63 in EPS versus a $1.43 consensus estimate, while maintaining a quarterly dividend of $0.195 per share, or $0.78 annually.

IFP Advisors Inc increased its holdings in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 30.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 53,284 shares of the asset manager's stock after purchasing an additional 12,386 shares during the quarter. IFP Advisors Inc's holdings in KKR & Co. Inc. were worth $4,865,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hanson & Doremus Investment Management boosted its holdings in shares of KKR & Co. Inc. by 83.3% during the first quarter. Hanson & Doremus Investment Management now owns 330 shares of the asset manager's stock worth $31,000 after acquiring an additional 150 shares during the period. MV Capital Management Inc. acquired a new position in shares of KKR & Co. Inc. in the 4th quarter worth approximately $31,000. Silvant Capital Management LLC bought a new position in shares of KKR & Co. Inc. during the 2nd quarter worth approximately $34,000. Western Pacific Wealth Management LP boosted its position in shares of KKR & Co. Inc. by 34.8% during the 1st quarter. Western Pacific Wealth Management LP now owns 387 shares of the asset manager's stock worth $36,000 after purchasing an additional 100 shares in the last quarter. Finally, GHP Investment Advisors Inc. bought a new position in shares of KKR & Co. Inc. in the 1st quarter worth $39,000. 76.26% of the stock is owned by institutional investors.

Analysts Set New Price Targets

KKR has been the topic of a number of research reports. BMO Capital Markets lifted their price target on shares of KKR & Co. Inc. from $112.00 to $118.00 and gave the stock an "outperform" rating in a report on Monday, August 3rd. Wells Fargo & Company assumed coverage on KKR & Co. Inc. in a report on Friday, October 2nd. They issued an "equal weight" rating and a $97.00 price objective on the stock. Evercore dropped their target price on shares of KKR & Co. Inc. from $119.00 to $115.00 and set an "outperform" rating for the company in a report on Monday, July 13th. Barclays decreased their price target on shares of KKR & Co. Inc. from $135.00 to $130.00 and set an "overweight" rating for the company in a research note on Thursday, October 8th. Finally, UBS Group decreased their target price on shares of KKR & Co. Inc. from $123.00 to $122.00 and set a "buy" rating for the company in a research note on Tuesday, October 13th. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, KKR & Co. Inc. presently has an average rating of "Moderate Buy" and an average target price of $124.21.

Key Stories Impacting KKR & Co. Inc.

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

• Positive Sentiment: KKR agreed to sell Infinity Transportation, a railcar and intermodal-equipment lessor, to Ares for an enterprise value of approximately $2.9 billion. The transaction could provide cash proceeds, demonstrate KKR’s ability to monetize portfolio companies, and support performance-fee generation. Closing remains subject to regulatory approvals. KKR to sell railcar-leasing company Infinity to Ares for $2.9 billion
• Positive Sentiment: A bullish analysis argues that KKR is undervalued despite durable fee-related earnings, record fundraising, and 93% of assets under management being locked up for the long term. It also estimates that the USI Insurance Services sale could add more than $2 per share to 2026 adjusted net income, countering concerns about slower exits. KKR Is A Quality Fee Stream Priced For A Bad Year
• Positive Sentiment: KKR is reportedly exploring funding for projects in the Philippines’ Luzon Economic Corridor. Any resulting infrastructure investments could create additional deployment opportunities, although the report does not indicate a completed transaction. Gov’t, KKR eye funding for Luzon Economic Corridor projects
• Neutral Sentiment: Piper Sandler maintained an “overweight” rating but reduced its price target to $121 from $128, implying substantial potential upside based on the referenced price. The cut signals more cautious near-term expectations despite the favorable rating.
• Neutral Sentiment: UBS also lowered its KKR price target to $122, adding to evidence that analysts are trimming valuation assumptions even as the broader investment case remains constructive. UBS cuts target for KKR stock to USD 122.00
• Neutral Sentiment: A comparison with MSC Income Fund focuses on relative investment characteristics rather than a new KKR-specific catalyst. Head-To-Head Review: MSC Income Fund and KKR
• Negative Sentiment: The European Commission issued a formal objection, alleging KKR may have provided incorrect or misleading information about long-term wholesale-access agreements in its approximately $26 billion NetCo transaction involving Telecom Italia. The matter could delay approval, increase legal or regulatory costs, and raise deal-execution risk. EU says KKR might have misled it over Telecom Italia deal

Insider Buying and Selling at KKR & Co. Inc.

In related news, insider Dane Holmes sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $108.58, for a total transaction of $1,085,800.00. Following the completion of the sale, the insider directly owned 8,513 shares in the company, valued at approximately $924,341.54. The trade was a 54.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.20% of the stock is currently owned by insiders.

KKR & Co. Inc. Trading Up 0.9%

Shares of KKR stock opened at $86.98 on Tuesday. The stock's 50-day moving average price is $100.29 and its 200-day moving average price is $98.45. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $78.08 billion, a price-to-earnings ratio of 17.74, a price-to-earnings-growth ratio of 0.72 and a beta of 1.83. KKR & Co. Inc. has a 12-month low of $82.67 and a 12-month high of $144.84.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The asset manager reported $1.63 earnings per share for the quarter, topping analysts' consensus estimates of $1.43 by $0.20. KKR & Co. Inc. had a net margin of 14.41% and a return on equity of 5.88%. The company had revenue of $5.73 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period in the prior year, the company posted $1.18 EPS. Equities research analysts predict that KKR & Co. Inc. will post 6.49 EPS for the current fiscal year.

KKR & Co. Inc. Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Monday, August 10th were given a dividend of $0.1950 per share. This represents a $0.78 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, August 10th. KKR & Co. Inc.'s dividend payout ratio (DPR) is currently 24.84%.

KKR & Co. Inc. Profile

KKR & Co Inc is a global investment firm that manages alternative assets for institutional investors, sovereign wealth funds, family offices, financial advisers and individual investors. The company invests across a range of asset classes, including private equity, credit, infrastructure, real estate and other investment strategies.

KKR provides investment management and related services through funds, customized investment solutions and capital markets activities. Its platform supports companies and projects with capital, strategic guidance and operational expertise.

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