Knights of Columbus Asset Advisors LLC Buys 37,155 Shares of KKR & Co. Inc. $KKR

Knights of Columbus Asset Advisors LLC bought a new stake in KKR & Co. Inc. (NYSE:KKR) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 37,155 shares of the asset manager’s stock, valued at approximately $3,392,000.

Other large investors have also modified their holdings of the company. Legal & General Group Plc purchased a new position in shares of KKR & Co. Inc. during the 2nd quarter worth $470,778,000. Amundi increased its position in shares of KKR & Co. Inc. by 65.3% during the 1st quarter. Amundi now owns 3,726,040 shares of the asset manager’s stock worth $344,659,000 after purchasing an additional 1,472,265 shares during the last quarter. Temasek Holdings Private Ltd increased its position in shares of KKR & Co. Inc. by 164.4% during the 1st quarter. Temasek Holdings Private Ltd now owns 3,522,797 shares of the asset manager’s stock worth $325,859,000 after purchasing an additional 2,190,248 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of KKR & Co. Inc. by 1.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,461,541 shares of the asset manager’s stock worth $317,700,000 after purchasing an additional 55,489 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of KKR & Co. Inc. during the 2nd quarter worth about $298,311,000. Institutional investors and hedge funds own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Down 0.8%

NYSE:KKR opened at $100.02 on Thursday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.71. The stock’s fifty day moving average is $95.49 and its two-hundred day moving average is $97.98. KKR & Co. Inc. has a 52 week low of $82.67 and a 52 week high of $144.84. The stock has a market capitalization of $89.23 billion, a price-to-earnings ratio of 19.17, a price-to-earnings-growth ratio of 0.77 and a beta of 1.72.

KKR & Co. Inc. (NYSE:KKR) last released its quarterly earnings results on Monday, November 9th. The asset manager reported $1.78 EPS for the quarter, topping the consensus estimate of $1.58 by $0.20. KKR & Co. Inc. had a return on equity of 6.33% and a net margin of 16.38%. The business had revenue of $4.56 billion during the quarter, compared to analyst estimates of $2.66 billion. During the same period last year, the business posted $1.41 earnings per share. Research analysts anticipate that KKR & Co. Inc. will post 7.35 EPS for the current year.

KKR & Co. Inc. Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 19th will be paid a dividend of $0.1950 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $0.78 annualized dividend and a yield of 0.8%. KKR & Co. Inc.’s dividend payout ratio is presently 22.74%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Deutsche Bank boosted their price objective on shares of KKR & Co. Inc. from $111.00 to $116.00 and gave the company a “buy” rating in a report on Monday, August 3rd. BNP Paribas Exane lowered their target price on shares of KKR & Co. Inc. from $127.00 to $122.00 and set an “outperform” rating for the company in a research note on Thursday, October 1st. Rothschild & Co Redburn increased their target price on shares of KKR & Co. Inc. from $133.00 to $138.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. The Goldman Sachs Group dropped their price target on shares of KKR & Co. Inc. from $127.00 to $125.00 and set a “buy” rating for the company in a research report on Friday, October 2nd. Finally, Jefferies Financial Group reduced their price target on shares of KKR & Co. Inc. from $129.00 to $112.00 and set a “buy” rating on the stock in a research note on Tuesday, October 6th. Seventeen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, KKR & Co. Inc. currently has an average rating of “Moderate Buy” and a consensus price target of $123.32.

Key Stories Impacting KKR & Co. Inc.

Investors following KKR have been watching these stories:

• Positive Sentiment: Analysts raised price targets. Piper Sandler lifted its target to $125 and kept an Overweight rating; Morgan Stanley also raised its target, to $140, and maintained Overweight. These moves signal confidence in KKR’s outlook. Piper Sandler ratings Morgan Stanley ratings
• Positive Sentiment: KKR and RWE plan a major U.K. offshore-wind buildout. The partners will develop projects totaling about 2.8 gigawatts, with an estimated £12 billion investment. The agreement expands KKR’s exposure to large-scale energy infrastructure, though returns will depend on execution and project economics. Reuters report
• Neutral Sentiment: Analyst views remain mixed. Oppenheimer lowered its target but retained an Outperform rating, while Wells Fargo raised its target and kept an Equal Weight rating, reflecting some caution alongside broader optimism.

Insider Transactions at KKR & Co. Inc.

In related news, insider Dane Holmes sold 10,000 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $108.58, for a total transaction of $1,085,800.00. Following the completion of the transaction, the insider directly 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 legal filing with the SEC, which is available through this link. Insiders own 23.20% of the company’s stock.

About KKR & Co. Inc.

KKR & Co. Inc. is a global investment firm that manages alternative investment funds and other investment products. Its activities include private equity, credit, infrastructure and real estate investing, as well as insurance through its Global Atlantic business. The firm also provides capital markets services, including financing and strategic solutions for companies and other clients. KKR invests across multiple industries and serves clients and investors in markets around the world. Founded in 1976 by Henry Kravis, George Roberts and Jerome Kohlberg, KKR is led by co-chief executive officers Joseph Bae and Scott Nuttall.