Hsbc Holdings PLC bought a new stake in Kimco Realty Corporation (NYSE:KIM – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,708,685 shares of the real estate investment trust’s stock, valued at approximately $94,197,000.
A number of other institutional investors and hedge funds have also recently made changes to their positions in KIM. Zions Bancorporation National Association UT lifted its stake in Kimco Realty by 270.4% in the 4th quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,049 shares during the last quarter. Root Financial Partners LLC grew its stake in shares of Kimco Realty by 60.7% during the first quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 546 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Kimco Realty during the second quarter worth $37,000. MUFG Securities EMEA plc acquired a new position in shares of Kimco Realty during the second quarter worth $42,000. Finally, Clearstead Advisors LLC increased its holdings in shares of Kimco Realty by 92.5% during the fourth quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 1,166 shares in the last quarter. Institutional investors own 89.25% of the company’s stock.
Analyst Ratings Changes
Several research firms recently weighed in on KIM. Stifel Nicolaus set a $28.00 price objective on Kimco Realty in a report on Thursday, June 11th. Wells Fargo & Company boosted their price objective on Kimco Realty from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 23rd. UBS Group upped their target price on Kimco Realty from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Kimco Realty in a research report on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $28.00 price target on shares of Kimco Realty in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.56.
More Kimco Realty News
Here are the key news stories impacting Kimco Realty this week:
- Positive Sentiment: Zacks Research raised multiple EPS estimates: Forecasts increased for Q3 2026 to $0.46 from $0.45, Q4 2026 to $0.46 from $0.45, and full-year 2026 to $1.84 from $1.81. Zacks also lifted Q2 2027 EPS to $0.48, Q2 2028 EPS to $0.49, and FY2028 EPS to $1.94 from $1.93. These revisions suggest slightly improved expectations for the retail-focused real estate investment trust’s earnings growth.
- Positive Sentiment: JPMorgan raised its price target on Kimco Realty to $26 from $25, implying additional upside from recent trading levels. However, the firm maintained a “neutral” rating, limiting the bullish significance of the target increase. Benzinga report
- Neutral Sentiment: Analyst estimates remain broadly aligned with consensus. Zacks’ revised FY2026 EPS forecast of $1.84 matches the current consensus estimate, while its FY2028 forecast of $1.94 represents only a modest increase. The updates therefore provide incremental support but are unlikely to trigger a major repricing by themselves.
- Neutral Sentiment: Recent coverage characterized Kimco’s second-quarter performance as steady and highlighted the new $26 price target, reinforcing a stable operating outlook rather than signaling a major business inflection. Kimco Realty stock gains on fresh $26 price target and steady Q2 performance
Kimco Realty Price Performance
KIM stock opened at $24.03 on Thursday. The company has a fifty day moving average price of $25.06 and a 200-day moving average price of $24.00. The company has a market capitalization of $16.12 billion, a P/E ratio of 28.27, a PEG ratio of 2.57 and a beta of 0.95. Kimco Realty Corporation has a 52-week low of $19.76 and a 52-week high of $26.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 5.23 and a current ratio of 5.23.
Kimco Realty (NYSE:KIM – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.26. Kimco Realty had a net margin of 27.76% and a return on equity of 5.76%. The company had revenue of $550.80 million for the quarter, compared to analyst estimates of $543.75 million. During the same quarter in the previous year, the business earned $0.44 earnings per share. Kimco Realty’s revenue was up 4.9% compared to the same quarter last year. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. As a group, equities analysts expect that Kimco Realty Corporation will post 1.84 EPS for the current year.
Kimco Realty Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Friday, September 4th. This is a boost from Kimco Realty’s previous quarterly dividend of $0.26. Kimco Realty’s dividend payout ratio (DPR) is presently 122.35%.
About Kimco Realty
Founded in 1958 by Milton Cooper and headquartered in Jericho, New York, Kimco Realty Corporation (NYSE: KIM) is a leading publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of open-air shopping centers. The company’s portfolio, concentrated on neighborhood and community centers anchored by grocery stores, encompasses approximately 400 properties across the United States, with selective holdings in Canada and Mexico.
Kimco’s core business activities include acquiring, repositioning and managing retail real estate assets that serve as daily-need destinations for consumers.
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