KeyCorp Issues Pessimistic Forecast for Kimbell Royalty Partners (NYSE:KRP) Stock Price

Kimbell Royalty Partners (NYSE:KRP - Get Free Report) had its target price reduced by KeyCorp from $20.00 to $18.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an "overweight" rating on the energy company's stock. KeyCorp's price objective indicates a potential upside of 46.10% from the stock's current price. KeyCorp also issued estimates for Kimbell Royalty Partners' Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.09 EPS, FY2025 earnings at $0.47 EPS, Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.08 EPS, Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.38 EPS.

Other research analysts also recently issued reports about the company. Royal Bank of Canada upgraded Kimbell Royalty Partners to a "moderate buy" rating in a research note on Friday, March 14th. Mizuho assumed coverage on shares of Kimbell Royalty Partners in a research note on Monday, March 31st. They issued a "neutral" rating and a $16.00 target price for the company. Bank of America dropped their price target on shares of Kimbell Royalty Partners from $16.00 to $14.00 and set an "underperform" rating on the stock in a research note on Tuesday, March 4th. Truist Financial lowered Kimbell Royalty Partners from a "buy" rating to a "hold" rating and lowered their price objective for the company from $22.00 to $16.00 in a report on Tuesday, March 4th. Finally, Raymond James reissued a "market perform" rating on shares of Kimbell Royalty Partners in a report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $17.40.

Kimbell Royalty Partners Stock Performance

NYSE KRP traded up $0.03 during trading on Monday, reaching $12.32. The company's stock had a trading volume of 310,110 shares, compared to its average volume of 592,137. Kimbell Royalty Partners has a twelve month low of $10.98 and a twelve month high of $17.07. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 24.16, a P/E/G ratio of 4.25 and a beta of 0.65. The business's fifty day moving average price is $13.59 and its 200-day moving average price is $15.11. The company has a debt-to-equity ratio of 0.40, a quick ratio of 5.20 and a current ratio of 5.20.

Insider Buying and Selling

In other Kimbell Royalty Partners news, insider Blayne Rhynsburger sold 7,851 shares of the company's stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $13.86, for a total value of $108,814.86. Following the sale, the insider now owns 49,263 shares of the company's stock, valued at $682,785.18. This represents a 13.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.60% of the company's stock.

Institutional Investors Weigh In On Kimbell Royalty Partners

A number of large investors have recently bought and sold shares of KRP. Raymond James Financial Inc. purchased a new stake in shares of Kimbell Royalty Partners in the fourth quarter valued at $30,449,000. Orvieto Partners L.P. acquired a new position in Kimbell Royalty Partners in the 4th quarter valued at about $6,103,000. American Century Companies Inc. raised its stake in Kimbell Royalty Partners by 15.4% in the 4th quarter. American Century Companies Inc. now owns 2,208,353 shares of the energy company's stock valued at $35,842,000 after purchasing an additional 294,789 shares during the last quarter. Marshall Wace LLP purchased a new position in Kimbell Royalty Partners in the 4th quarter valued at about $3,151,000. Finally, Barclays PLC boosted its stake in shares of Kimbell Royalty Partners by 1,279.4% during the 4th quarter. Barclays PLC now owns 187,671 shares of the energy company's stock worth $3,046,000 after purchasing an additional 174,066 shares during the last quarter. Institutional investors and hedge funds own 25.78% of the company's stock.

Kimbell Royalty Partners Company Profile