HUB Investment Partners LLC Increases Holdings in KKR & Co. Inc. $KKR

HUB Investment Partners LLC grew its stake in KKR & Co. Inc. (NYSE:KKR) by 35.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 24,122 shares of the asset manager’s stock after purchasing an additional 6,341 shares during the quarter. HUB Investment Partners LLC’s holdings in KKR & Co. Inc. were worth $3,135,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in shares of KKR & Co. Inc. in the 2nd quarter worth about $1,530,419,000. Strive Asset Management LLC purchased a new stake in KKR & Co. Inc. during the 3rd quarter valued at about $535,907,000. Close Asset Management Ltd grew its position in KKR & Co. Inc. by 4,155.1% during the 3rd quarter. Close Asset Management Ltd now owns 1,515,299 shares of the asset manager’s stock valued at $196,845,000 after purchasing an additional 1,479,688 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in KKR & Co. Inc. by 454.1% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,381,342 shares of the asset manager’s stock valued at $183,760,000 after purchasing an additional 1,132,046 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in KKR & Co. Inc. by 1.9% in the second quarter. Vanguard Group Inc. now owns 58,656,955 shares of the asset manager’s stock worth $7,803,135,000 after buying an additional 1,099,263 shares during the last quarter. 76.26% of the stock is currently owned by institutional investors.

KKR & Co. Inc. News Summary

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

• Positive Sentiment: Director Timothy Barakett bought 50,000 shares (~$4.7M) at about $94.47, raising his stake to 285,000 shares — a clear insider-confidence signal amid recent selling. Read More.
• Positive Sentiment: KKR co?CEOs reportedly purchased ~175,000 shares, which management frames as a vote of confidence while retail investors have been exiting — supports the narrative that leadership thinks the shares are attractive at current levels. Read More.
• Positive Sentiment: Company is pushing a new retail fund and insiders are buying, which could shift KKR’s growth mix toward fee?based retail distribution if it attracts and retains assets — a longer?term positive for recurring fees. Read More.
• Neutral Sentiment: KKR agreed to acquire stakes in SK Eternix from SK Discovery and Hahn & Company — adds portfolio assets and potential fees but is deal?specific and not transformational by itself. Read More.
• Neutral Sentiment: Latest quarterly results showed a small EPS miss but large revenue growth (driven by itemized results); the company also declared a modest quarterly dividend — mixed fundamentals that leave valuation sensitive to AUM and fee trends. Read More.
• Negative Sentiment: Pomerantz LLP has opened an investor investigation into KKR, introducing potential litigation risk and short?term headline volatility. Read More.
• Negative Sentiment: Barclays cut its KKR price target to $127, part of analyst re?rating that reflects concern about earnings/fee growth and weaker near?term valuation support. Read More.
• Negative Sentiment: Sector pressure: accelerated retail redemptions from private?credit and other illiquid products have forced re?pricing of firms with big private?credit exposure (including KKR), prompting analysts to rework models and raising liquidity/fee risks. Read More.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on KKR shares. TD Cowen downgraded shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and reduced their price target for the company from $146.00 to $131.00 in a research report on Wednesday, January 14th. Weiss Ratings raised KKR & Co. Inc. from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, February 4th. Oppenheimer reduced their price objective on KKR & Co. Inc. from $190.00 to $187.00 and set an “outperform” rating for the company in a report on Friday, February 6th. Royal Bank Of Canada initiated coverage on shares of KKR & Co. Inc. in a research note on Tuesday, February 24th. They set an “outperform” rating and a $137.00 target price on the stock. Finally, HSBC upgraded shares of KKR & Co. Inc. from a “hold” rating to a “buy” rating and set a $144.00 price target for the company in a research note on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, KKR & Co. Inc. has a consensus rating of “Moderate Buy” and an average price target of $151.80.

KKR & Co. Inc. Stock Down 4.5%

KKR & Co. Inc. stock opened at $91.31 on Friday. KKR & Co. Inc. has a one year low of $84.52 and a one year high of $153.87. The stock has a fifty day moving average of $113.18 and a 200 day moving average of $123.79. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.09 and a current ratio of 0.07. The stock has a market cap of $81.41 billion, a PE ratio of 39.02, a price-to-earnings-growth ratio of 0.69 and a beta of 2.01.

KKR & Co. Inc. (NYSE:KKR) last announced its earnings results on Thursday, February 5th. The asset manager reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.02). The firm had revenue of $5.93 billion during the quarter, compared to analysts’ expectations of $2.23 billion. KKR & Co. Inc. had a return on equity of 5.57% and a net margin of 11.97%.The company’s revenue for the quarter was up 76.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.32 earnings per share. As a group, sell-side analysts predict that KKR & Co. Inc. will post 5.19 EPS for the current year.

KKR & Co. Inc. Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were issued a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, February 17th. KKR & Co. Inc.’s dividend payout ratio is currently 31.62%.

Insider Buying and Selling at KKR & Co. Inc.

In related news, CEO Scott C. Nuttall acquired 125,000 shares of KKR & Co. Inc. stock in a transaction dated Tuesday, February 17th. The stock was purchased at an average cost of $102.66 per share, for a total transaction of $12,832,500.00. Following the purchase, the chief executive officer directly owned 15,503,748 shares of the company’s stock, valued at approximately $1,591,614,769.68. This trade represents a 0.81% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Joseph Y. Bae purchased 125,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were bought at an average cost of $102.19 per share, with a total value of $12,773,750.00. Following the acquisition, the chief executive officer directly owned 509,257 shares of the company’s stock, valued at $52,040,972.83. This trade represents a 32.53% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 393,872 shares of company stock valued at $40,090,679 over the last three months. Insiders own 39.34% of the company’s stock.

KKR & Co. Inc. Profile

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.