KKR & Co. Inc. (NYSE:KKR) Given New $106.00 Price Target at TD Cowen

Key Points

• TD Cowen raised its price target on KKR to $106 from $102 and kept a "hold" rating, implying about a 5.1% upside from the prior close.
• KKR beat Q1 estimates (EPS $1.24; revenue $5.74 billion), raised its quarterly dividend to $0.195, but management warned on the 2026 profit target, tempering near‑term guidance.
• The board authorized a $500 million share repurchase (~0.5% of shares) and insiders (including CEO Joseph Bae and a director) bought material stock amounts, signaling management confidence.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) had its price target lifted by equities researchers at TD Cowen from $102.00 to $106.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "hold" rating on the asset manager's stock. TD Cowen's price objective points to a potential upside of 5.11% from the stock's previous close.

Several other equities research analysts have also issued reports on KKR. Weiss Ratings reissued a "hold (c-)" rating on shares of KKR & Co. Inc. in a report on Monday. Oppenheimer lowered their target price on shares of KKR & Co. Inc. from $187.00 to $140.00 and set an "outperform" rating on the stock in a research note on Monday, April 13th. Barclays cut their price target on shares of KKR & Co. Inc. from $127.00 to $122.00 and set an "overweight" rating for the company in a research note on Wednesday. BMO Capital Markets lowered their price objective on KKR & Co. Inc. from $125.00 to $106.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 24th. Finally, UBS Group cut their target price on KKR & Co. Inc. from $168.00 to $125.00 and set a "buy" rating for the company in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, KKR & Co. Inc. presently has an average rating of "Moderate Buy" and an average price target of $134.60.

KKR & Co. Inc. Stock Performance

Shares of KKR traded down $1.15 during mid-day trading on Wednesday, hitting $100.85. The company's stock had a trading volume of 3,515,828 shares, compared to its average volume of 6,882,511. KKR & Co. Inc. has a one year low of $82.67 and a one year high of $153.87. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.07 and a current ratio of 0.07. The firm has a market capitalization of $89.91 billion, a PE ratio of 43.10, a price-to-earnings-growth ratio of 0.90 and a beta of 1.85. The stock's 50-day moving average is $94.23 and its two-hundred day moving average is $111.97.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last posted its quarterly earnings data on Friday, February 27th. The asset manager reported $1.24 earnings per share for the quarter. KKR & Co. Inc. had a return on equity of 5.57% and a net margin of 11.97%.The company had revenue of $5.74 billion during the quarter. As a group, sell-side analysts anticipate that KKR & Co. Inc. will post 5.45 EPS for the current year.

KKR & Co. Inc. declared that its board has approved a share repurchase program on Tuesday, May 5th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the asset manager to buy up to 0.5% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its shares are undervalued.

Insiders Place Their Bets

In other KKR & Co. Inc. news, CEO Joseph Y. Bae acquired 125,000 shares of KKR & Co. Inc. stock in a transaction on Tuesday, February 17th. The shares were bought at an average price of $102.19 per share, with a total value of $12,773,750.00. Following the completion of the purchase, the chief executive officer owned 509,257 shares in the company, valued at $52,040,972.83. This trade represents a 32.53% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Timothy R. Barakett acquired 50,000 shares of KKR & Co. Inc. stock in a transaction on Wednesday, March 4th. The stock was acquired at an average cost of $94.47 per share, for a total transaction of $4,723,500.00. Following the purchase, the director owned 285,000 shares of the company's stock, valued at approximately $26,923,950. This represents a 21.28% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 393,872 shares of company stock worth $40,090,679 in the last three months. Company insiders own 23.20% of the company's stock.

Hedge Funds Weigh In On KKR & Co. Inc.

Institutional investors and hedge funds have recently bought and sold shares of the business. Covenant Asset Management LLC raised its position in shares of KKR & Co. Inc. by 1,424.8% during the third quarter. Covenant Asset Management LLC now owns 29,826 shares of the asset manager's stock worth $3,876,000 after acquiring an additional 27,870 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of KKR & Co. Inc. by 5.2% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,313,857 shares of the asset manager's stock valued at $170,736,000 after acquiring an additional 65,178 shares during the last quarter. Cumberland Partners Ltd raised its position in shares of KKR & Co. Inc. by 816.2% during the 3rd quarter. Cumberland Partners Ltd now owns 25,791 shares of the asset manager's stock valued at $3,352,000 after acquiring an additional 22,976 shares during the last quarter. Banco Santander S.A. increased its holdings in KKR & Co. Inc. by 5,405.9% in the third quarter. Banco Santander S.A. now owns 144,970 shares of the asset manager's stock valued at $18,839,000 after purchasing an additional 142,337 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG increased its holdings in KKR & Co. Inc. by 63.2% in the third quarter. B. Metzler seel. Sohn & Co. AG now owns 98,983 shares of the asset manager's stock valued at $12,862,000 after purchasing an additional 38,322 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company's stock.

KKR & Co. Inc. News Summary

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

• Positive Sentiment: Q1 results beat estimates — EPS and revenue came in above consensus, fee-related revenue and AUM rose materially, and management highlighted accelerating monetization activity, underpinning near‑term earnings quality. BusinessWire: Q1 Results
• Positive Sentiment: Board authorized a $500M share-repurchase program (≈0.5% of shares), signaling management believes the stock is undervalued and should support buy-side demand. RTT News: Buyback
• Positive Sentiment: Quarterly dividend raised to $0.195 (5.4% q/q increase) with a ~0.8% yield — modest income boost and a sign of distribution confidence; ex-dividend date May 15.
• Positive Sentiment: Strategic M&A activity: KKR closed the Arctos Partners acquisition and agreed to sell portfolio company Axius Water, demonstrating active capital deployment and realized exit activity that can drive future fee and carry recognition. BusinessWire: Arctos BusinessWire: Axius Sale
• Neutral Sentiment: CFO commentary remains constructive on private credit as an attractive asset class — supportive for long‑term strategy but not an immediate catalyst. YouTube: CFO Interview
• Negative Sentiment: Royal Bank of Canada cut its price target from $132 to $128 (still an Outperform rating), trimming upside expectations and reducing analyst-driven momentum. Benzinga: RBC PT Cut
• Negative Sentiment: Barclays lowered its target from $127 to $122 (maintains Overweight), another downward revision that can pressure sentiment among momentum investors. Benzinga: Barclays PT Cut
• Negative Sentiment: Management warned on the 2026 profit target amid a murky outlook for deal activity — caution that may temper estimates and investor expectations despite the beat. MSN: Warning on 2026 Guidance

About KKR & Co. Inc.

KKR & Co Inc is a global investment firm headquartered in New York City that specializes in private markets and alternative asset management. Founded in 1976 by Jerome Kohlberg Jr., Henry Kravis and George R. Roberts, the firm built its reputation in leveraged buyouts and has since expanded into a multi-strategy asset manager. KKR operates across private equity, credit, real assets (including real estate and infrastructure), growth equity and hedge fund strategies, offering a range of investment products and strategies for institutional and private investors.

KKR manages capital through traditional closed-end funds as well as customized vehicles such as separate accounts, co-investments, and listed investment vehicles.

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