KKR & Co. Inc. (NYSE:KKR) Stock Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of KKR & Co. Inc. NYSE: KKR. In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in KKR & Co. Inc. stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
• Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.

KKR & Co. Inc. Trading Down 0.6 %

Shares of KKR & Co. Inc. stock opened at $117.96 on Friday. The business has a fifty day simple moving average of $111.06 and a 200-day simple moving average of $136.16. KKR & Co. Inc. has a fifty-two week low of $86.15 and a fifty-two week high of $170.40. The firm has a market cap of $104.78 billion, a price-to-earnings ratio of 35.42, a price-to-earnings-growth ratio of 1.00 and a beta of 1.91. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The asset manager reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.13 by $0.02. KKR & Co. Inc. had a net margin of 14.31% and a return on equity of 6.20%. The company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the prior year, the company earned $0.97 EPS. KKR & Co. Inc.'s revenue was down 67.8% on a year-over-year basis. On average, equities analysts forecast that KKR & Co. Inc. will post 5.19 EPS for the current fiscal year.

KKR & Co. Inc. Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 13th will be paid a $0.185 dividend. This represents a dividend yield of 0.64%. The ex-dividend date is Monday, May 12th. This is an increase from KKR & Co. Inc.'s previous dividend of $0.17. KKR & Co. Inc.'s payout ratio is currently 31.22%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KKR. CenterBook Partners LP boosted its position in KKR & Co. Inc. by 562.4% during the first quarter. CenterBook Partners LP now owns 11,221 shares of the asset manager's stock valued at $1,297,000 after purchasing an additional 9,527 shares during the last quarter. Headlands Technologies LLC acquired a new stake in KKR & Co. Inc. in the first quarter valued at approximately $153,000. Foster Dykema Cabot & Partners LLC grew its position in KKR & Co. Inc. by 25.3% in the first quarter. Foster Dykema Cabot & Partners LLC now owns 182,761 shares of the asset manager's stock worth $21,129,000 after acquiring an additional 36,946 shares in the last quarter. Roof Eidam Maycock Peralta LLC increased its stake in shares of KKR & Co. Inc. by 93.4% during the 1st quarter. Roof Eidam Maycock Peralta LLC now owns 4,776 shares of the asset manager's stock worth $552,000 after purchasing an additional 2,306 shares during the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in shares of KKR & Co. Inc. by 12.2% during the 1st quarter. Chicago Partners Investment Group LLC now owns 71,290 shares of the asset manager's stock worth $8,285,000 after purchasing an additional 7,750 shares during the last quarter. 76.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the transaction, the insider now owns 19,260,971 shares of the company's stock, valued at approximately $634,841,604.16. This represents a 23.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert W. Scully acquired 13,250 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The stock was bought at an average cost of $113.49 per share, for a total transaction of $1,503,742.50. Following the completion of the purchase, 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. 39.34% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Morgan Stanley raised their target price on shares of KKR & Co. Inc. from $114.00 to $120.00 and gave the stock an "equal weight" rating in a report on Monday, May 5th. Wells Fargo & Company raised their price objective on KKR & Co. Inc. from $120.00 to $136.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. Keefe, Bruyette & Woods lifted their target price on KKR & Co. Inc. from $129.00 to $131.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Barclays upped their target price on KKR & Co. Inc. from $129.00 to $141.00 and gave the company an "overweight" rating in a report on Friday, May 2nd. Finally, TD Cowen dropped their price target on KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $147.00.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.

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