OMERS ADMINISTRATION Corp Buys Shares of 39,239 Kimco Realty Corporation $KIM

OMERS ADMINISTRATION Corp purchased a new position in Kimco Realty Corporation (NYSE:KIM) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 39,239 shares of the real estate investment trust’s stock, valued at approximately $995,000.

A number of other institutional investors have also recently made changes to their positions in KIM. Quadrant Capital Group LLC grew its position in Kimco Realty by 1.7% in the third quarter. Quadrant Capital Group LLC now owns 30,335 shares of the real estate investment trust’s stock worth $663,000 after acquiring an additional 503 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Kimco Realty by 11.2% during the 3rd quarter. Parallel Advisors LLC now owns 5,176 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 520 shares during the last quarter. Root Financial Partners LLC increased its position in shares of Kimco Realty by 60.7% during the 1st quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 546 shares during the last quarter. Norinchukin Bank The increased its position in shares of Kimco Realty by 0.8% during the 3rd quarter. Norinchukin Bank The now owns 73,337 shares of the real estate investment trust’s stock valued at $1,602,000 after purchasing an additional 603 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Kimco Realty by 13.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,059 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 610 shares in the last quarter. Institutional investors own 89.25% of the company’s stock.

Kimco Realty Stock Down 0.7%

Shares of NYSE:KIM opened at $23.86 on Friday. The stock’s 50-day moving average is $25.05 and its 200 day moving average is $24.01. The company has a market cap of $16.00 billion, a PE ratio of 28.07, a P/E/G ratio of 2.56 and a beta of 0.95. The company has a debt-to-equity ratio of 0.84, a current ratio of 5.23 and a quick ratio of 5.23. Kimco Realty Corporation has a 1 year low of $19.76 and a 1 year high of $26.65.

Kimco Realty (NYSE:KIM) last released its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.26. The business had revenue of $550.80 million during the quarter, compared to analysts’ expectations of $543.75 million. Kimco Realty had a return on equity of 5.76% and a net margin of 27.76%.The business’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the business posted $0.44 EPS. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. Sell-side analysts anticipate that Kimco Realty Corporation will post 1.84 EPS for the current year.

Kimco Realty Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Friday, September 4th. This is a positive change from Kimco Realty’s previous quarterly dividend of $0.26. This represents a $1.12 dividend on an annualized basis and a yield of 4.7%. Kimco Realty’s payout ratio is 131.76%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on KIM shares. Jefferies Financial Group upgraded Kimco Realty to a “hold” rating in a research report on Friday, June 26th. Stifel Nicolaus set a $28.00 price target on shares of Kimco Realty in a research note on Thursday, June 11th. Piper Sandler lifted their target price on shares of Kimco Realty from $28.00 to $31.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. The Goldman Sachs Group reiterated a “neutral” rating and set a $28.00 price target on shares of Kimco Realty in a report on Tuesday, August 11th. Finally, Wolfe Research raised shares of Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 price target for the company in a research report on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Kimco Realty has a consensus rating of “Moderate Buy” and a consensus target price of $26.56.

Trending Headlines about Kimco Realty

Here are the key news stories impacting Kimco Realty this week:

• Positive Sentiment: JPMorgan expects upside: A JPMorgan Chase analyst said Kimco Realty’s stock price is expected to rise, adding a bullish signal for the shopping-center REIT. Kimco Realty Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says
• Positive Sentiment: New $26 price target: Kimco shares gained following coverage highlighting a fresh $26 price target and steady second-quarter performance, suggesting analysts see additional value above recent trading levels. Kimco Realty stock gains on fresh $26 price target and steady Q2 performance
• Positive Sentiment: Near-term and longer-term estimates improved: Zacks Research raised its forecasts for third-quarter 2026 EPS to $0.46 from $0.45, fourth-quarter EPS to $0.46 from $0.45, and full-year 2026 EPS to $1.84 from $1.81. It also lifted its Q2 2027 estimate to $0.48, Q2 2028 to $0.49, and FY2028 to $1.94 from $1.93, indicating modestly better expected operating performance.
• Neutral Sentiment: Forecasts remain close to consensus: Zacks’ $1.84 full-year 2026 estimate matches the current consensus, so the upgrades may already be reflected in expectations rather than representing a major earnings surprise.
• Negative Sentiment: Some estimates were trimmed: Zacks reduced its FY2027 EPS forecast to $1.87 from $1.88 and Q1 2028 EPS to $0.48 from $0.49. The small cuts introduce a modest counterpoint to the broader estimate revisions.

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.