KKR & Co. Inc. (NYSE:KKR) Stock Has Consensus Target Price of $130.00 According to Brokerages

KKR & Co. Inc. (NYSE:KKR) has been assigned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $127.46.

Several brokerages have recently weighed in on KKR. TD Cowen increased their price objective on shares of KKR & Co. Inc. from $108.00 to $111.00 and gave the company a “hold” rating in a research report on Monday, August 3rd. Royal Bank Of Canada increased their price target on shares of KKR & Co. Inc. from $125.00 to $134.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Morgan Stanley reduced their price objective on KKR & Co. Inc. from $153.00 to $147.00 and set an “overweight” rating for the company in a report on Tuesday, July 21st. BMO Capital Markets boosted their price target on KKR & Co. Inc. from $112.00 to $118.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Finally, Oppenheimer increased their price objective on KKR & Co. Inc. from $139.00 to $166.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th.

Insider Activity at KKR & Co. Inc.

In related news, insider Dane Holmes sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $108.58, for a total value of $1,085,800.00. Following the completion of the transaction, the insider owned 8,513 shares in the company, valued at $924,341.54. This trade represents a 54.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 23.20% of the company’s stock.

Institutional Trading of KKR & Co. Inc.

Institutional investors have recently bought and sold shares of the company. Horizon Bancorp Inc. IN lifted its stake in shares of KKR & Co. Inc. by 3.8% in the 1st quarter. Horizon Bancorp Inc. IN now owns 2,622 shares of the asset manager’s stock valued at $243,000 after purchasing an additional 95 shares in the last quarter. Western Pacific Wealth Management LP lifted its position in KKR & Co. Inc. by 34.8% during the first quarter. Western Pacific Wealth Management LP now owns 387 shares of the asset manager’s stock valued at $36,000 after buying an additional 100 shares in the last quarter. Wernau Asset Management Inc. lifted its position in KKR & Co. Inc. by 1.0% during the first quarter. Wernau Asset Management Inc. now owns 10,877 shares of the asset manager’s stock valued at $1,006,000 after buying an additional 104 shares in the last quarter. Ausdal Financial Partners Inc. lifted its holdings in shares of KKR & Co. Inc. by 4.4% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 2,645 shares of the asset manager’s stock valued at $243,000 after acquiring an additional 112 shares in the last quarter. Finally, Mayflower Financial Advisors LLC lifted its holdings in shares of KKR & Co. Inc. by 4.0% during the 1st quarter. Mayflower Financial Advisors LLC now owns 2,907 shares of the asset manager’s stock valued at $269,000 after acquiring an additional 113 shares in the last quarter. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Performance

Shares of KKR stock opened at $90.35 on Thursday. The stock has a market cap of $81.10 billion, a P/E ratio of 28.77, a P/E/G ratio of 0.81 and a beta of 1.83. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.09 and a quick ratio of 0.09. The company has a fifty day moving average price of $103.52 and a two-hundred day moving average price of $98.49. KKR & Co. Inc. has a one year low of $82.67 and a one year high of $144.84.

KKR & Co. Inc. (NYSE:KKR) last issued its earnings results on Thursday, July 30th. The asset manager reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.20. KKR & Co. Inc. had a net margin of 14.41% and a return on equity of 5.88%. The business had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period last year, the business posted $1.18 EPS. As a group, equities analysts predict that KKR & Co. Inc. will post 5.95 EPS for the current year.

KKR & Co. Inc. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Monday, August 10th were issued a $0.1950 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.9%. KKR & Co. Inc.’s dividend payout ratio is 24.84%.

KKR & Co. Inc. News Roundup

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

• Positive Sentiment: Goldman Sachs maintained its Buy rating on KKR, while trimming its price target modestly to $125 from $127. The target still implies substantial upside and reinforces Goldman’s constructive view of KKR’s asset-management platform. Goldman Sachs Adjusts KKR Price Target
• Positive Sentiment: KKR made a majority investment in Cisternina, aiming to build a pan-India liquid-storage and logistics platform. The deal expands KKR’s exposure to infrastructure and logistics, although financial terms were not disclosed. KKR Investment in Cisternina
• Positive Sentiment: KKR completed its previously announced joint venture with Thomson Reuters for the Global Print business. The resulting independent company, Westbridge Print, serves legal, tax and publishing customers across 13 countries, adding another completed transaction to KKR’s portfolio. Thomson Reuters and KKR Complete Global Print Joint Venture
• Neutral Sentiment: Wells Fargo initiated coverage of KKR with an Equal Weight rating and a $97 price target, representing potential upside but signaling a balanced view rather than an outright Buy recommendation. Wells Fargo also initiated coverage of KKR’s preferred security at Equal Weight. Wells Fargo Initiates KKR Coverage
• Neutral Sentiment: KKR remains associated with strong compensation levels in London’s private-equity market, but the report offers limited direct information about earnings, fundraising or investment performance. Private Equity Compensation in London
• Negative Sentiment: The Wells Fargo Equal Weight initiation may be weighing on sentiment because it adds a more cautious view to KKR’s analyst coverage, even though its target is above the current share price.

KKR & Co. Inc. Company Profile

KKR & Co Inc is a global investment firm that manages alternative assets for institutional investors, financial advisers, and other clients. The company invests across private equity, credit, infrastructure, real estate, and other strategies, seeking to generate long-term value through investments in businesses and assets.

Its activities include acquiring and supporting companies through private equity funds, providing private and public credit solutions, investing in infrastructure projects, and managing real estate investments.