KKR & Co. Inc. (NYSE:KKR) Announces Quarterly Earnings Results, Beats Expectations By $0.13 EPS

KKR & Co. Inc. (NYSE:KKR) announced its quarterly earnings results on Tuesday. The asset manager reported $1.39 EPS for the quarter, beating the consensus estimate of $1.26 by $0.13, FiscalAI reports. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.18 billion. KKR & Co. Inc. had a return on equity of 5.57% and a net margin of 11.97%.KKR & Co. Inc.’s quarterly revenue was up 38.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.15 EPS.

Here are the key takeaways from KKR & Co. Inc.’s conference call:

• KKR reported a strong quarter with FRE $1.13 (+23% YoY), Total Operating Earnings $1.47 (+18% YoY) and Adjusted Net Income $1.39 (+20% YoY), marking some of the highest results in firm history.
• Fundraising momentum stayed robust — $28 billion raised in Q1 and ~$127 billion over the trailing 12 months, with diversified inflows across private equity, real assets and credit; closed North America Fund XIV at $23 billion and K‑Series AUM surpassed $38 billion.
• Monetizations were elevated (~$880 million in Q1, including $720 million of realized carry) with forward monetizations >$1.2 billion and total embedded gains of $18.3 billion, indicating substantial realizable value in the portfolio.
• Management now says 2026 Adjusted Net Income is more likely to fall below the prior $7+ per‑share target due to market volatility and timing/exit delays, although they expect delayed monetizations to shift into 2027 rather than be lost.
• Capital allocation actions include $317 million of buybacks YTD, a $500 million repurchase authorization, insider purchases, and the closing of the Arctos acquisition (≈$16 billion AUM, ~$10 billion fee‑paying AUM) to expand the franchise.

KKR & Co. Inc. Stock Down 0.7%

Shares of KKR & Co. Inc. stock traded down $0.73 during midday trading on Wednesday, hitting $101.27. The company had a trading volume of 2,650,788 shares, compared to its average volume of 6,873,039. The stock has a market capitalization of $90.28 billion, a P/E ratio of 43.30, a P/E/G ratio of 0.90 and a beta of 1.85. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.07 and a current ratio of 0.07. The company has a 50 day moving average of $94.23 and a 200 day moving average of $111.97. KKR & Co. Inc. has a 52-week low of $82.67 and a 52-week high of $153.87.

KKR & Co. Inc. Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.195 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from KKR & Co. Inc.’s previous quarterly dividend of $0.19. KKR & Co. Inc.’s payout ratio is presently 31.62%.

Trending Headlines about KKR & Co. Inc.

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

• Positive Sentiment: Q1 results beat estimates — EPS and revenue came in above consensus, fee-related revenue and AUM rose materially, and management highlighted accelerating monetization activity, underpinning near‑term earnings quality. BusinessWire: Q1 Results
• Positive Sentiment: Board authorized a $500M share-repurchase program (≈0.5% of shares), signaling management believes the stock is undervalued and should support buy-side demand. RTT News: Buyback
• Positive Sentiment: Quarterly dividend raised to $0.195 (5.4% q/q increase) with a ~0.8% yield — modest income boost and a sign of distribution confidence; ex-dividend date May 15.
• Positive Sentiment: Strategic M&A activity: KKR closed the Arctos Partners acquisition and agreed to sell portfolio company Axius Water, demonstrating active capital deployment and realized exit activity that can drive future fee and carry recognition. BusinessWire: Arctos BusinessWire: Axius Sale
• Neutral Sentiment: CFO commentary remains constructive on private credit as an attractive asset class — supportive for long‑term strategy but not an immediate catalyst. YouTube: CFO Interview
• Negative Sentiment: Royal Bank of Canada cut its price target from $132 to $128 (still an Outperform rating), trimming upside expectations and reducing analyst-driven momentum. Benzinga: RBC PT Cut
• Negative Sentiment: Barclays lowered its target from $127 to $122 (maintains Overweight), another downward revision that can pressure sentiment among momentum investors. Benzinga: Barclays PT Cut
• Negative Sentiment: Management warned on the 2026 profit target amid a murky outlook for deal activity — caution that may temper estimates and investor expectations despite the beat. MSN: Warning on 2026 Guidance

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on KKR shares. Weiss Ratings reissued a “hold (c-)” rating on shares of KKR & Co. Inc. in a research note on Monday. Royal Bank Of Canada lowered their price objective on KKR & Co. Inc. from $132.00 to $128.00 and set an “outperform” rating on the stock in a research note on Wednesday. TD Cowen downgraded KKR & Co. Inc. from a “buy” rating to a “hold” rating and cut their price objective for the company from $146.00 to $131.00 in a report on Wednesday, January 14th. Morgan Stanley cut their price objective on KKR & Co. Inc. from $177.00 to $153.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Finally, HSBC raised 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. One investment 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 company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.27.

Insider Activity at KKR & Co. Inc.

In other KKR & Co. Inc. news, CEO Scott C. Nuttall purchased 125,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were acquired at an average price 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 $1,591,614,769.68. The trade was a 0.81% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Matt Cohler purchased 43,872 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were acquired at an average price of $102.90 per share, for a total transaction of $4,514,428.80. Following the purchase, the director directly owned 45,477 shares in the company, valued at approximately $4,679,583.30. The trade was a 2,733.46% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 393,872 shares of company stock worth $40,090,679. Company insiders own 23.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Charles Schwab Investment Management Inc. lifted its stake in shares of KKR & Co. Inc. by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,866,227 shares of the asset manager’s stock valued at $620,347,000 after buying an additional 129,745 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of KKR & Co. Inc. by 41.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,401,951 shares of the asset manager’s stock worth $561,161,000 after buying an additional 1,295,099 shares during the last quarter. Viking Global Investors LP purchased a new position in shares of KKR & Co. Inc. in the third quarter worth $352,038,000. Amundi raised its holdings in shares of KKR & Co. Inc. by 39.4% in the fourth quarter. Amundi now owns 2,253,775 shares of the asset manager’s stock worth $287,311,000 after buying an additional 637,472 shares during the last quarter. Finally, Farallon Capital Management LLC purchased a new position in shares of KKR & Co. Inc. in the fourth quarter worth $257,216,000. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Company 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.