Machina Capital S.A.S. Makes New Investment in Kyndryl Holdings, Inc. $KD

Machina Capital S.A.S. bought a new position in Kyndryl Holdings, Inc. (NYSE:KD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,696 shares of the company’s stock, valued at approximately $239,000.

A number of other large investors have also recently bought and sold shares of KD. Nuveen LLC bought a new position in Kyndryl in the first quarter worth about $30,466,000. GMT Capital Corp lifted its holdings in Kyndryl by 24.2% in the first quarter. GMT Capital Corp now owns 3,691,860 shares of the company’s stock worth $115,924,000 after acquiring an additional 718,300 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in Kyndryl by 444.1% in the first quarter. MetLife Investment Management LLC now owns 711,965 shares of the company’s stock worth $22,356,000 after acquiring an additional 581,118 shares during the last quarter. Cinctive Capital Management LP raised its holdings in shares of Kyndryl by 65.9% during the first quarter. Cinctive Capital Management LP now owns 786,112 shares of the company’s stock valued at $24,684,000 after buying an additional 312,326 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. bought a new stake in shares of Kyndryl during the first quarter valued at approximately $8,319,000. Institutional investors own 71.53% of the company’s stock.

Kyndryl Price Performance

NYSE KD opened at $27.39 on Wednesday. Kyndryl Holdings, Inc. has a 12 month low of $22.83 and a 12 month high of $44.20. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market capitalization of $6.33 billion, a PE ratio of 22.63, a P/E/G ratio of 3.22 and a beta of 1.84. The company’s 50 day simple moving average is $30.21 and its 200 day simple moving average is $34.68.

Kyndryl (NYSE:KD) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.05. Kyndryl had a net margin of 1.97% and a return on equity of 19.88%. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.84 billion. During the same quarter last year, the business earned $0.01 earnings per share. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. Kyndryl has set its FY 2026 guidance at EPS. As a group, equities research analysts forecast that Kyndryl Holdings, Inc. will post 0.73 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on KD. Morgan Stanley began coverage on Kyndryl in a report on Friday, September 26th. They set an “equal weight” rating and a $30.00 price target on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kyndryl in a report on Wednesday, October 8th. Oppenheimer lifted their price target on Kyndryl from $47.00 to $55.00 and gave the company an “outperform” rating in a report on Tuesday, July 8th. Zacks Research cut Kyndryl from a “hold” rating to a “strong sell” rating in a report on Monday, September 29th. Finally, Wall Street Zen cut Kyndryl from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $42.00.

About Kyndryl

Kyndryl Holdings, Inc operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services.