Wolverine Asset Management LLC Trims Stock Position in KKR & Co. Inc. $KKR

Wolverine Asset Management LLC lessened its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 88.6% in the 4th quarter, HoldingsChannel reports. The firm owned 4,279 shares of the asset manager’s stock after selling 33,326 shares during the quarter. Wolverine Asset Management LLC’s holdings in KKR & Co. Inc. were worth $545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in KKR. Vanguard Group Inc. increased its holdings in KKR & Co. Inc. by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 60,064,587 shares of the asset manager’s stock valued at $7,657,034,000 after buying an additional 821,739 shares in the last quarter. Legal & General Group Plc increased its holdings in KKR & Co. Inc. by 1.4% in the third quarter. Legal & General Group Plc now owns 4,642,005 shares of the asset manager’s stock valued at $603,229,000 after buying an additional 65,695 shares in the last quarter. Strive Asset Management LLC purchased a new position in KKR & Co. Inc. in the third quarter valued at $535,907,000. Viking Global Investors LP purchased a new position in KKR & Co. Inc. in the third quarter valued at $352,038,000. Finally, CI Investments Inc. increased its holdings in KKR & Co. Inc. by 11.5% in the third quarter. CI Investments Inc. now owns 1,745,345 shares of the asset manager’s stock valued at $226,808,000 after buying an additional 179,793 shares in the last quarter. Hedge funds and other institutional investors own 76.26% of the company’s stock.

Key Stories Impacting KKR & Co. Inc.

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

• Positive Sentiment: Q1 earnings beat and healthy AUM/fee growth — KKR posted results above estimates with accelerating fee revenue and assets under management growth (AUM up year-over-year), supporting the firm’s fee-income durability and monetization momentum. KKR beats estimates on strong fee growth and capital deployment
• Positive Sentiment: Dividend increase — KKR raised its quarterly dividend to $0.195 (5.4% increase), signaling confidence in cash flow and returning more capital to shareholders; ex-dividend date May 15.
• Positive Sentiment: $500M buyback authorization — The Board approved repurchases up to $500M (about 0.5% of shares outstanding), which can support the share price and signals management thinks shares are attractively valued. Stock Buybacks
• Positive Sentiment: Analyst bullish moves — UBS raised its target to $126 with a Buy rating (largest upside among recent changes); TD Cowen nudged its target to $106. These upgrades provide third?party validation of KKR’s recovery in fee and deployment metrics. Analyst Coverage Updates TD Cowen Price Target Raised
• Neutral Sentiment: Other analyst target tweaks — RBC and Barclays trimmed their targets modestly but kept outperform/overweight stances, leaving overall analyst sentiment mixed rather than uniformly negative. Analyst Target Changes
• Negative Sentiment: Cautious guidance on 2026 profits and deal outlook — Management warned that 2026 profit targets face headwinds amid a murky deal environment; that caution and commentary about deal-market visibility are tempering enthusiasm from the earnings beat. KKR warns on 2026 profit target amid murky outlook for deals

Insider Activity at KKR & Co. Inc.

In related news, Director Matt Cohler bought 43,872 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were acquired at an average price of $102.90 per share, for a total transaction of $4,514,428.80. Following the completion of the transaction, the director directly owned 45,477 shares in the company, valued at $4,679,583.30. This trade represents a 2,733.46% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Joseph Y. Bae bought 125,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was bought at an average price of $102.19 per share, for a total transaction of $12,773,750.00. Following the transaction, the chief executive officer owned 509,257 shares of the company’s stock, valued at approximately $52,040,972.83. This trade represents a 32.53% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 393,872 shares of company stock worth $40,090,679 in the last ninety days. 23.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. TD Cowen lifted their price objective on shares of KKR & Co. Inc. from $102.00 to $106.00 and gave the company a “hold” rating in a report on Wednesday. Wall Street Zen raised shares of KKR & Co. Inc. from a “sell” rating to a “hold” rating in a report on Sunday, January 25th. Piper Sandler cut their price objective on shares of KKR & Co. Inc. from $135.00 to $117.00 and set an “overweight” rating for the company in a report on Tuesday, April 7th. Royal Bank Of Canada cut their price objective on shares of KKR & Co. Inc. from $132.00 to $128.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, The Goldman Sachs Group cut their price objective 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. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $134.67.

KKR & Co. Inc. Stock Down 1.1%

Shares of NYSE KKR opened at $100.85 on Thursday. The company’s 50-day simple moving average is $94.40 and its 200-day simple moving average is $111.85. KKR & Co. Inc. has a 52-week low of $82.67 and a 52-week high of $153.87. The firm has a market cap of $89.91 billion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 0.89 and a beta of 1.85. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.69.

KKR & Co. Inc. (NYSE:KKR) last announced its earnings results on Friday, February 27th. The asset manager reported $1.24 earnings per share (EPS) for the quarter. KKR & Co. Inc. had a net margin of 13.94% and a return on equity of 5.50%. The business had revenue of $5.74 billion for the quarter. Equities analysts predict that KKR & Co. Inc. will post 5.45 EPS for the current fiscal year.

KKR & Co. Inc. announced that its Board of Directors has initiated a stock buyback plan on Tuesday, May 5th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the asset manager to reacquire up to 0.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

KKR & Co. Inc. Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.8%. This is a positive change from KKR & Co. Inc.’s previous quarterly dividend of $0.19. The ex-dividend date is Friday, May 15th. KKR & Co. Inc.’s dividend payout ratio (DPR) is 31.62%.

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.