KKR & Co. Inc. (NYSE:KKR) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts have a consensus rating of Moderate Buy on KKR from 16 analysts (12 buy, 3 hold, 1 strong buy), with a one‑year average target price of $141.20.
• Insiders have been buying: CEO Scott Nuttall bought 125,000 shares (~$12.8M) and director Timothy Barakett bought 50,000 shares (~$4.7M), with insiders acquiring ~393,872 shares (~$40.1M) over the past 90 days and owning 23.2% of the stock.
• Several major brokers have recently cut price targets—Goldman Sachs to $110 and UBS to $125 (others like Piper Sandler and Barclays also trimmed targets)—suggesting downward revisions despite generally positive ratings.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the sixteen analysts that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $141.20.

Several equities analysts have weighed in on the stock. The Goldman Sachs Group lowered their price target on shares of KKR & Co. Inc. from $145.00 to $110.00 and set a "buy" rating on the stock in a report on Tuesday. Barclays lowered their price target on shares of KKR & Co. Inc. from $136.00 to $127.00 and set an "overweight" rating on the stock in a report on Monday, March 2nd. Piper Sandler lowered their price target on shares of KKR & Co. Inc. from $135.00 to $117.00 and set an "overweight" rating on the stock in a report on Tuesday. Weiss Ratings raised shares of KKR & Co. Inc. from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, February 4th. Finally, UBS Group lowered their price target on shares of KKR & Co. Inc. from $168.00 to $125.00 and set a "buy" rating on the stock in a report on Friday, February 20th.

Insider Activity at KKR & Co. Inc.

In related news, Director Timothy R. Barakett bought 50,000 shares of the stock in a transaction dated Wednesday, March 4th. The shares were purchased at an average price of $94.47 per share, with a total value of $4,723,500.00. Following the completion of the acquisition, the director owned 285,000 shares of the company's stock, valued at $26,923,950. This represents a 21.28% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Scott C. Nuttall bought 125,000 shares of the stock in a transaction dated Tuesday, February 17th. The stock was bought at an average cost of $102.66 per share, for a total transaction of $12,832,500.00. Following the acquisition, the chief executive officer directly owned 15,503,748 shares of the company's stock, valued at approximately $1,591,614,769.68. This represents a 0.81% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 393,872 shares of company stock worth $40,090,679 over the last ninety days. 23.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On KKR & Co. Inc.

Several hedge funds have recently modified their holdings of the stock. SteelPeak Wealth LLC lifted its holdings in shares of KKR & Co. Inc. by 3.2% in the fourth quarter. SteelPeak Wealth LLC now owns 2,549 shares of the asset manager's stock worth $325,000 after buying an additional 80 shares in the last quarter. Diversified Trust Co. lifted its holdings in shares of KKR & Co. Inc. by 1.5% in the fourth quarter. Diversified Trust Co. now owns 5,562 shares of the asset manager's stock worth $709,000 after buying an additional 82 shares in the last quarter. Modera Wealth Management LLC lifted its holdings in shares of KKR & Co. Inc. by 4.9% in the fourth quarter. Modera Wealth Management LLC now owns 1,789 shares of the asset manager's stock worth $228,000 after buying an additional 84 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of KKR & Co. Inc. by 9.1% in the fourth quarter. Sound Income Strategies LLC now owns 1,084 shares of the asset manager's stock worth $143,000 after buying an additional 90 shares in the last quarter. Finally, Cornerstone Advisory LLC lifted its holdings in shares of KKR & Co. Inc. by 3.0% in the third quarter. Cornerstone Advisory LLC now owns 3,189 shares of the asset manager's stock worth $414,000 after buying an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 76.26% of the company's stock.

KKR & Co. Inc. Price Performance

Shares of NYSE:KKR opened at $94.02 on Thursday. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.07 and a quick ratio of 0.07. KKR & Co. Inc. has a 1-year low of $82.67 and a 1-year high of $153.87. The company has a market capitalization of $83.82 billion, a P/E ratio of 40.18, a P/E/G ratio of 0.67 and a beta of 1.93. The firm's 50 day simple moving average is $95.60 and its two-hundred day simple moving average is $115.50.

KKR & Co. Inc. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th were issued a $0.185 dividend. This represents a $0.74 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, February 17th. KKR & Co. Inc.'s payout ratio is 31.62%.

KKR & Co. Inc. Company Profile

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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