KKR & Co
KKR

$118.51

1.96%

Market Cap: 105B

About: KKR is one of the world's largest alternative asset managers, with $577.6 billion in total managed assets, including $470.6 billion in fee-earning AUM, at the end of March 2023. The company has two core segments: asset management (which includes private markets—private equity, credit, infrastructure, energy, and real estate—and public markets—primarily credit and hedge/investment fund platforms) and insurance (following the firm's initial investment in, and then ultimate purchase of, Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance).

Employees: 4,490

Financials Investment Advice

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 16 analysts

0

News positive %

of 27 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

145% more first-time investments, than exits

New positions opened: 184 | Existing positions closed: 75

32% more call options, than puts

Call options by funds: $333M | Put options by funds: $251M

23% more capital invested

Capital invested by funds: $42B [Q4 2023] → $51.5B (+$9.59B) [Q1 2024]

12% more funds holding

Funds holding: 898 [Q4 2023] → 1,007 (+109) [Q1 2024]

0.73% more ownership

Funds ownership: 57.24% [Q4 2023] → 57.96% (+0.73%) [Q1 2024]

8% less repeat investments, than reductions

Existing positions increased: 322 | Existing positions reduced: 350

14% less funds holding in top 10

Funds holding in top 10: 50 [Q4 2023] → 43 (-7) [Q1 2024]

See Fund Rankings

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$103

13%

downside

Avg. target

$123

3%

upside

High target

$154

30%

upside

16 analyst ratings

16 positive

100%

0 neutral

0%

0 negative

0%

Evercore ISI Group Glenn Schorr	1%downside $117	Outperform Maintained	15 Jul 2024
Keefe, Bruyette & Woods Kyle Voigt	5%upside $125	Outperform Maintained	12 Jul 2024
Barclays Benjamin Budish	1%downside $117	Overweight Maintained	10 Jul 2024
TD Cowen Bill Katz	22%upside $145	Buy Maintained	8 Jul 2024
Keefe, Bruyette & Woods Kyle Voigt	2%downside $116	Outperform Maintained	21 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 27 articles about KKR published over the past 30 days

Zacks Investment Research

Ahead of KKR & Co. (KKR) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Get a deeper insight into the potential performance of KKR & Co. (KKR) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Ahead of KKR & Co. (KKR) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

KKR to take edu-tech firm Instructure private for $4.8 billion

KKR & Co will take education software platform Instructure Holdings private for $4.8 billion, the private equity firm said on Thursday.

KKR to take edu-tech firm Instructure private for $4.8 billion

7 Explosive Growth Stocks Set to Soar in 2024

Wall Street has rewarded certain growth stocks handsomely this year. I believe now may be an opportune time to buy some of these high-flyers, even after the recent tech selloff.

7 Explosive Growth Stocks Set to Soar in 2024

CNBC Television

The best way to tackle to this market is being more nimble and flexible, says KKR's Chris Sheldon

Chris Sheldon, KKR partner and co-head of credit and markets, joins 'Squawk Box' to discuss the latest market trends, state of the credit market, and more.

The best way to tackle to this market is being more nimble and flexible, says KKR's Chris Sheldon

Instructure to be Acquired by KKR for $4.8 Billion

Instructure shareholders to receive $23.60 per share in cash; Instructure to become a privately held company upon completion of the transaction SALT LAKE CITY , July 25, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (NYSE: INST) ("Instructure"), a leading learning ecosystem, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion. The per-share purchase price represents a premium of 16 percent over Instructure's unaffected share price of $20.27 as of May 17, 2024, the last trading day prior to media reports regarding a potential transaction.

Instructure to be Acquired by KKR for $4.8 Billion

Bloomberg Markets and Finance

KKR Sees AI as Larger ‘Potentially' Than Cloud Computing

KKR Global Head of Digital Infrastructure Waldemar Szlezak discusses investor fear of large Artificial Intelligence investments, why AI “feels different” than the late 1990's tech bubble, and the firm's joint venture with T-Mobile to but Metronet. -------- More on Bloomberg Television and Markets Like this video?

KKR Sees AI as Larger ‘Potentially' Than Cloud Computing

Exclusive: KKR-backed OneStream prices U.S. IPO above range to raise $490 million, sources say

Financial software maker OneStream , which is backed by private equity firm KKR , priced its U.S. initial public offering (IPO) above its indicated range on Tuesday, raising $490 million, people familiar with the matter said.

Exclusive: KKR-backed OneStream prices U.S. IPO above range to raise $490 million, sources say

KKR to Acquire Janney Montgomery Scott from Penn Mutual

NEW YORK & PHILADELPHIA--(BUSINESS WIRE)--KKR, a leading global investment firm and The Penn Mutual Life Insurance Company (“Penn Mutual”) today announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Janney Montgomery Scott LLC (“Janney” or the “Company”). Tracing its roots to 1832, Janney is a leading wealth management, investment banking and asset management firm. Janney has over $150 billion in assets under administration, with more than 900.

KKR to Acquire Janney Montgomery Scott from Penn Mutual

Italy's Eni in exclusive talks with KKR over sale of minority stake in biofuel unit

Eni said on Tuesday it signed an exclusivity agreement with investment firm KKR over the potential sale of a 20%-25% stake in its biofuel unit Enilive, based on a valuation of the company of up to 12.5 billion euros ($13.6 billion).

Italy's Eni in exclusive talks with KKR over sale of minority stake in biofuel unit

The Semiconductor Trade is Over

Tech saw heavy selling last week, but the pullback will likely be short-term, notes Ross Givens. He believes the semiconductor trade is over with AMD, ASML, and INTC all getting killed. Givens then delves into more cyclical stock picks which include Alamos Gold (AGI), Generac (GNRC), and KKR & Co. (KKR).

The Semiconductor Trade is Over

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