Share Repurchase Program Initiated by KKR & Co. Inc. (NYSE:KKR)

Key Points

• KKR's board approved a $500 million share repurchase program authorizing up to 0.5% of outstanding shares via open-market purchases, signaling management believes the stock may be undervalued.
• The firm reported a Q1 beat driven by fee growth and AUM expansion, but management warned 2026 profit targets are at risk amid a murky deal outlook, and shares were trading down about 1.3% to $102.04.
• Corporate insiders bought roughly 393,872 shares (about $40.1M) in the last quarter, lifting insider ownership to around 23.2%, which may indicate confidence from directors.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) declared that its board has approved a stock buyback program on Tuesday, May 5th, RTT News reports. The company plans to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the asset manager to buy up to 0.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

KKR & Co. Inc. Trading Down 1.3%

Shares of KKR & Co. Inc. stock traded down $1.29 during midday trading on Tuesday, reaching $102.04. 5,702,852 shares of the company's stock traded hands, compared to its average volume of 4,735,445. 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 company has a market cap of $90.97 billion, a PE ratio of 43.61, a price-to-earnings-growth ratio of 0.90 and a beta of 1.85. The stock has a 50 day moving average of $94.23 and a 200-day moving average of $111.97. KKR & Co. Inc. has a 12 month low of $82.67 and a 12 month high of $153.87.

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

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were given a dividend of $0.185 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.74 annualized dividend and a yield of 0.7%. KKR & Co. Inc.'s dividend payout ratio (DPR) is currently 31.62%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on KKR shares. Barclays decreased their price target on KKR & Co. Inc. from $136.00 to $127.00 and set an "overweight" rating on the stock in a research note on Monday, March 2nd. HSBC upgraded shares of KKR & Co. Inc. from a "hold" rating to a "buy" rating and set a $144.00 target price on the stock in a report on Wednesday, January 28th. 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 for the company in a report on Tuesday, April 7th. BMO Capital Markets cut their price target on shares of KKR & Co. Inc. from $125.00 to $106.00 and set an "outperform" rating on the stock in a report on Tuesday, March 24th. Finally, Weiss Ratings upgraded shares of KKR & Co. Inc. from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $137.20.

Trending Headlines about KKR & Co. Inc.

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

• Positive Sentiment: Q1 beat driven by fee growth and capital deployment — management fees rose and AUM expanded, supporting recurring fee income. KKR beats estimates on strong fee growth and capital deployment
• Positive Sentiment: Investors highlighted EPS/revenue beats and year-over-year revenue growth, which helped shares initially rally. KKR & Co. Inc. (KKR) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Insurance division and other revenue streams showed strength (insurance revenue more than doubled), aiding the swing to profit. KKR Swings to a Profit as Revenue Climbs on Insurance Growth
• Positive Sentiment: Active capital deployment and exits: KKR closed the Arctos acquisition and agreed to sell Axius Water — evidence of execution on both M&A and monetization. KKR Closes Acquisition of Arctos Partners KKR and XPV Water Partners Agree to Sell Axius Water
• Neutral Sentiment: Full conference call/transcript provides detail on portfolio, fees and outlook for deal activity for investors wanting color. KKR & Co. Inc. Q1 2026 Earnings Call Summary KKR & Co. Inc. (KKR) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst/long-form takes see KKR’s durable fee business and uncalled commitments (~$125B) as a runway for future fee growth — useful context but not immediate catalysts. KKR's Durable Growth Story Is Underappreciated
• Negative Sentiment: Management warned that 2026 profit targets are at risk amid a murky outlook for deal activity — that guidance caution is the main near-term negative driving selling pressure. KKR warns on 2026 profit target amid murky outlook for deals
• Negative Sentiment: Rising expenses were flagged as tempering the upside from revenue beats — a margin/headline EPS risk if costs persist. KKR & Co. Shares Gain as Q1 Earnings Beat Estimates, AUM Rises Y/Y

Insider Buying and Selling at KKR & Co. Inc.

In other KKR & Co. Inc. news, Director Matt Cohler bought 43,872 shares of KKR & Co. Inc. stock in a transaction dated Tuesday, February 17th. The shares were purchased at an average cost of $102.90 per share, with a total value of $4,514,428.80. Following the transaction, the director directly owned 45,477 shares of the company's stock, valued at $4,679,583.30. This represents a 2,733.46% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Timothy R. Barakett purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were acquired at an average cost of $94.47 per share, with a total value of $4,723,500.00. Following the completion of the transaction, the director owned 285,000 shares in the company, valued at $26,923,950. This trade represents a 21.28% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have bought 393,872 shares of company stock worth $40,090,679. Corporate insiders own 23.20% of the company's stock.

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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