Machina Capital S.A.S. Purchases New Position in Kyndryl Holdings, Inc. $KD

Machina Capital S.A.S. purchased a new stake in Kyndryl Holdings, Inc. (NYSE:KD) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 5,696 shares of the company’s stock, valued at approximately $239,000.

Several other large investors have also recently added to or reduced their stakes in KD. Hollencrest Capital Management increased its holdings in Kyndryl by 637.7% in the 1st quarter. Hollencrest Capital Management now owns 900 shares of the company’s stock valued at $28,000 after purchasing an additional 778 shares in the last quarter. Quarry LP acquired a new stake in Kyndryl in the 1st quarter valued at $28,000. ST Germain D J Co. Inc. increased its holdings in Kyndryl by 135.2% in the 2nd quarter. ST Germain D J Co. Inc. now owns 668 shares of the company’s stock valued at $28,000 after purchasing an additional 384 shares in the last quarter. Compass Financial Services Inc acquired a new stake in Kyndryl in the 1st quarter valued at $30,000. Finally, Virtus Advisers LLC acquired a new stake in shares of Kyndryl during the first quarter valued at about $31,000. 71.53% of the stock is currently owned by institutional investors and hedge funds.

Kyndryl Stock Down 4.7%

NYSE:KD opened at $27.39 on Wednesday. The company has a market capitalization of $6.33 billion, a price-to-earnings ratio of 22.63, a price-to-earnings-growth ratio of 3.22 and a beta of 1.84. Kyndryl Holdings, Inc. has a one year low of $22.83 and a one year high of $44.20. The stock has a 50-day simple moving average of $30.21 and a 200 day simple moving average of $34.68. The company has a debt-to-equity ratio of 2.24, a quick ratio of 1.05 and a current ratio of 1.05.

Kyndryl (NYSE:KD) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.05. The business had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.84 billion. Kyndryl had a return on equity of 19.88% and a net margin of 1.97%.The company’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period last year, the firm earned $0.01 earnings per share. Kyndryl has set its FY 2026 guidance at EPS. Sell-side analysts predict that Kyndryl Holdings, Inc. will post 0.73 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Wall Street Zen downgraded Kyndryl from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th. Morgan Stanley assumed coverage on Kyndryl in a research note on Friday, September 26th. They set an “equal weight” rating and a $30.00 target price for the company. Weiss Ratings restated a “hold (c)” rating on shares of Kyndryl in a research note on Wednesday, October 8th. Zacks Research downgraded Kyndryl from a “hold” rating to a “strong sell” rating in a research note on Monday, September 29th. Finally, Oppenheimer raised their target price on Kyndryl from $47.00 to $55.00 and gave the company an “outperform” rating in a research note on Tuesday, July 8th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $42.00.

About Kyndryl

Kyndryl Holdings, Inc operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services.