9,774 Shares in KKR & Co. Inc. $KKR Bought by Yahav Achim Ve Achayot Provident Funds Management Co Ltd.

Yahav Achim Ve Achayot Provident Funds Management Co Ltd. bought a new position in KKR & Co. Inc. (NYSE:KKR) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 9,774 shares of the asset manager’s stock, valued at approximately $1,246,000. KKR & Co. Inc. comprises 2.9% of Yahav Achim Ve Achayot Provident Funds Management Co Ltd.’s portfolio, making the stock its 14th largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in KKR & Co. Inc. during the 4th quarter worth about $1,715,929,000. Strive Asset Management LLC acquired a new stake in KKR & Co. Inc. during the 3rd quarter worth about $535,907,000. Viking Global Investors LP acquired a new stake in KKR & Co. Inc. during the 3rd quarter worth about $352,038,000. 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 worth $196,845,000 after purchasing an additional 1,479,688 shares during the period. Finally, Vanguard Group Inc. grew its position in KKR & Co. Inc. by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 60,064,587 shares of the asset manager’s stock worth $7,657,034,000 after purchasing an additional 821,739 shares during the period. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Price Performance

NYSE:KKR opened at $95.24 on Friday. KKR & Co. Inc. has a 52 week low of $82.67 and a 52 week high of $153.87. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $85.51 billion, a PE ratio of 32.39, a price-to-earnings-growth ratio of 0.82 and a beta of 1.79. The stock’s 50-day moving average price is $97.17 and its 200-day moving average price is $107.52.

KKR & Co. Inc. (NYSE:KKR) last posted its earnings results on Friday, February 27th. The asset manager reported $1.24 EPS for the quarter. KKR & Co. Inc. had a return on equity of 5.42% and a net margin of 13.94%.The firm had revenue of $5.74 billion for the quarter. As a group, equities analysts expect that KKR & Co. Inc. will post 5.51 EPS for the current fiscal year.

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

KKR & Co. Inc. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 0.8%. The ex-dividend date was Friday, May 15th. This is a positive change from KKR & Co. Inc.’s previous quarterly dividend of $0.19. KKR & Co. Inc.’s payout ratio is presently 26.53%.

Key KKR & Co. Inc. News

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

• Positive Sentiment: KKR announced Helix Digital Infrastructure, a new AI infrastructure platform with NVIDIA, Vistra and the Kuwait Investment Authority, aimed at financing data centers, power and connectivity needs for hyperscalers. The move highlights KKR’s push into a fast-growing AI-related market and could support long-term growth. Article Title
• Positive Sentiment: Reports also said KKR is helping launch a roughly $10 billion AI venture, reinforcing the firm’s role in a high-demand sector where private capital is pouring into data-center assets. Article Title
• Positive Sentiment: KKR and co-investors are nearing a nearly $3 billion deal to buy a majority stake in accounting firm Crowe, another sign that the firm continues to deploy capital into large private-market transactions. Article Title
• Neutral Sentiment: KKR’s appearance at the Morgan Stanley US Financials Conference likely added no immediate catalyst, but it kept investors focused on management’s outlook and strategy. Article Title
• Negative Sentiment: News that KKR is still working through Maya IPO issues with PLDT suggests some deal friction in the Philippines, which could slow a potential exit or delay monetization. Article Title

Wall Street Analyst Weigh In

Several brokerages have weighed in on KKR. Royal Bank Of Canada cut their price target on KKR & Co. Inc. from $132.00 to $128.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Morgan Stanley cut their price target on KKR & Co. Inc. from $177.00 to $153.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st. UBS Group increased their price target on KKR & Co. Inc. from $113.00 to $126.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Oppenheimer cut their price target on KKR & Co. Inc. from $187.00 to $140.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th. Finally, Zacks Research raised KKR & Co. Inc. from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $134.53.

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.