Centaurus Financial Inc. Sells 6,862 Shares of KKR & Co. Inc. $KKR

Centaurus Financial Inc. reduced its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 78.8% in the first quarter, HoldingsChannel reports. The firm owned 1,841 shares of the asset manager’s stock after selling 6,862 shares during the period. Centaurus Financial Inc.’s holdings in KKR & Co. Inc. were worth $170,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in KKR. Vanguard Group Inc. grew its stake 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 purchasing an additional 821,739 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of KKR & Co. Inc. by 6.9% in the 1st quarter. Principal Financial Group Inc. now owns 19,507,741 shares of the asset manager’s stock worth $1,804,470,000 after buying an additional 1,261,314 shares during the last quarter. Geode Capital Management LLC grew its position in shares of KKR & Co. Inc. by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 14,995,742 shares of the asset manager’s stock worth $1,903,220,000 after buying an additional 146,285 shares during the last quarter. Norges Bank purchased a new position in KKR & Co. Inc. in the fourth quarter worth $1,715,929,000. Finally, First Manhattan CO. LLC. increased its position in shares of KKR & Co. Inc. by 0.8% during the fourth quarter. First Manhattan CO. LLC. now owns 8,597,044 shares of the asset manager’s stock worth $1,095,951,000 after purchasing an additional 67,441 shares in the last quarter. Institutional investors own 76.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on KKR. UBS Group increased their price objective on KKR & Co. Inc. from $113.00 to $126.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. BMO Capital Markets boosted their target price on KKR & Co. Inc. from $112.00 to $118.00 and gave the stock an “outperform” rating in a research note on Monday. Keefe, Bruyette & Woods upgraded KKR & Co. Inc. to a “moderate buy” rating in a research note on Monday, July 20th. Royal Bank Of Canada raised their price target on shares of KKR & Co. Inc. from $125.00 to $134.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Piper Sandler lowered 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 research note on Tuesday, April 7th. Eleven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, KKR & Co. Inc. currently has a consensus rating of “Moderate Buy” and an average target price of $128.00.

KKR & Co. Inc. Price Performance

Shares of NYSE KKR opened at $106.47 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.08 and a quick ratio of 0.08. The stock has a market capitalization of $95.59 billion, a price-to-earnings ratio of 33.91, a PEG ratio of 0.86 and a beta of 1.78. The firm’s 50 day simple moving average is $96.24 and its 200-day simple moving average is $98.89. KKR & Co. Inc. has a 12 month low of $82.67 and a 12 month high of $152.10.

KKR & Co. Inc. (NYSE:KKR) last posted its earnings results on Thursday, July 30th. The asset manager reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.20. KKR & Co. Inc. had a net margin of 14.41% and a return on equity of 5.89%. The firm had revenue of $5.73 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same period in the previous year, the business posted $1.18 EPS. Analysts expect that KKR & Co. Inc. will post 5.54 EPS for the current year.

KKR & Co. Inc. declared that its board has authorized a share repurchase program on Tuesday, May 5th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the asset manager to repurchase up to 0.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

KKR & Co. Inc. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Monday, August 10th will be given a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, August 10th. KKR & Co. Inc.’s payout ratio is presently 24.84%.

More KKR & Co. Inc. News

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

• Positive Sentiment: KKR closed a $19.2 billion infrastructure fund focused on North America and Europe. The successful fundraising expands KKR’s fee-generating assets and gives it additional capital to pursue infrastructure investments. KKR closes $19.2 billion infrastructure fund for North America, Europe
• Positive Sentiment: KKR agreed to acquire medical-device outsourcing company Integer Holdings in an all-cash transaction. Reports cited deal values ranging from approximately $4.3 billion to $5.7 billion. The transaction would add a healthcare-focused platform but also increases execution and financing requirements. KKR to Buy Integer Holdings
• Positive Sentiment: BMO Capital Markets raised its KKR price target from $112 to $118 and upgraded the stock to “outperform,” while other firms reportedly lifted targets to $134 and $135. These revisions indicate improving analyst confidence in KKR’s growth outlook. Benzinga analyst coverage KKR price target raised to $134
• Positive Sentiment: KKR will acquire a 50% stake in a 1.2-gigawatt portfolio of developed solar and wind assets from TotalEnergies, with an enterprise value of €1.8 billion. The deal increases KKR’s renewable-energy exposure and adds contracted European assets. KKR to acquire stake in European renewable assets
• Neutral Sentiment: TD Cowen raised its price target from $108 to $111 but maintained a “hold” rating, suggesting moderate upside while signaling that valuation or near-term catalysts remain balanced. Benzinga TD Cowen coverage
• Neutral Sentiment: KKR-backed logistics company LEAP India is seeking a valuation of about $734 million in an Indian IPO. The offering could provide a valuation reference or eventual exit opportunity for KKR, but the outcome remains uncertain. LEAP India seeks $734 million valuation in IPO
• Negative Sentiment: Investors purchased roughly 30,803 put options on KKR, about 231% above typical daily volume. The activity may reflect increased hedging or bearish positioning, though it does not necessarily indicate a change in KKR’s fundamentals.

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.