KKR & Co. Inc. (NYSE:KKR) Shares Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently sold shares of KKR & Co. Inc. NYSE: KKR. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in KKR & Co. Inc. stock on April 14th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

KKR & Co. Inc. Stock Down 5.1%

KKR & Co. Inc. stock traded down $6.38 during midday trading on Wednesday, reaching $117.77. The stock had a trading volume of 4,093,538 shares, compared to its average volume of 5,018,292. The firm's fifty day simple moving average is $112.75 and its 200-day simple moving average is $135.46. KKR & Co. Inc. has a 1-year low of $86.15 and a 1-year high of $170.40. The stock has a market capitalization of $104.89 billion, a P/E ratio of 35.36, a price-to-earnings-growth ratio of 1.00 and a beta of 1.91. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last announced its earnings results on Thursday, May 1st. The asset manager reported $1.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.13 by $0.02. KKR & Co. Inc. had a return on equity of 6.20% and a net margin of 14.31%. The business had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the firm earned $0.97 EPS. KKR & Co. Inc.'s revenue for the quarter was down 67.8% compared to the same quarter last year. As a group, analysts expect that KKR & Co. Inc. will post 5.19 EPS for the current fiscal year.

KKR & Co. Inc. Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, May 13th will be given a $0.185 dividend. This represents a yield of 0.64%. The ex-dividend date is Monday, May 12th. This is a positive change from KKR & Co. Inc.'s previous dividend of $0.17. KKR & Co. Inc.'s dividend payout ratio (DPR) is currently 31.22%.

Insider Buying and Selling at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $34.20, for a total transaction of $205,200,000.00. Following the completion of the transaction, the insider now owns 13,260,971 shares of the company's stock, valued at approximately $453,525,208.20. The trade was a 31.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert W. Scully purchased 13,250 shares of the stock in a transaction dated Tuesday, May 6th. The shares were acquired at an average cost of $113.49 per share, with a total value of $1,503,742.50. Following the acquisition, the director now directly owns 13,250 shares in the company, valued at $1,503,742.50. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 39.34% of the company's stock.

Institutional Trading of KKR & Co. Inc.

Several institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in KKR & Co. Inc. in the 4th quarter valued at $1,435,314,000. Nuveen LLC acquired a new position in KKR & Co. Inc. in the 1st quarter valued at $844,137,000. Jennison Associates LLC raised its holdings in KKR & Co. Inc. by 4,918.6% in the 1st quarter. Jennison Associates LLC now owns 4,393,841 shares of the asset manager's stock valued at $507,972,000 after acquiring an additional 4,306,290 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in KKR & Co. Inc. by 106.2% in the 4th quarter. Nuveen Asset Management LLC now owns 6,584,370 shares of the asset manager's stock valued at $973,894,000 after acquiring an additional 3,391,581 shares in the last quarter. Finally, Amundi raised its holdings in KKR & Co. Inc. by 114.2% in the 1st quarter. Amundi now owns 4,575,631 shares of the asset manager's stock valued at $528,989,000 after acquiring an additional 2,439,505 shares in the last quarter. 76.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on KKR shares. Hsbc Global Res raised KKR & Co. Inc. from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 15th. Wells Fargo & Company raised their price target on KKR & Co. Inc. from $120.00 to $136.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. Bank of America decreased their price target on KKR & Co. Inc. from $214.00 to $194.00 and set a "buy" rating for the company in a research note on Friday, April 4th. Barclays raised their price target on KKR & Co. Inc. from $129.00 to $141.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. Finally, Citigroup decreased their price target on KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $149.14.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

KKR & Co. Inc. Company Profile

KKR & Co, Inc operates as an investment firm. It offers alternative asset management as well as capital markets and insurance solutions. The firm's business segments include Asset Management and Insurance Business. The Asset Management segment engages in providing private equity, real assets, credit and liquid strategies, capital markets, and principal activities.