KKR & Co (KKR)

• Market cap: $140B
• 1 day: 2.83%
• 5 days: 13.29%
• 1 month: 4.19%
• 3 months: 14.31%
• 6 months: 38.49%
• Year to date: 5.62%
• 1 year: 94.05%
• 5 years: 405.03%
• 10 years: 577.43%
• Sector: Financials
• Industry: Investment Advice

About: KKR is one of the world's largest alternative asset managers, with $624.4 billion in total managed assets, including $505.7 billion in fee-earning AUM, at the end of September 2024. 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

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

144% more first-time investments, than exits

New positions opened: 171 | Existing positions closed: 70

29% more repeat investments, than reductions

Existing positions increased: 450 | Existing positions reduced: 350

20% more capital invested

Capital invested by funds: $59.1B [Q2] → $70.9B (+$11.8B) [Q3]

9% more funds holding

Funds holding: 1,058 [Q2] → 1,148 (+90) [Q3]

7% more call options, than puts

Call options by funds: $699M | Put options by funds: $656M

2.07% less ownership

Funds ownership: 63.24% [Q2] → 61.18% (-2.07%) [Q3]

10% less funds holding in top 10

Funds holding in top 10: 42 [Q2] → 38 (-4) [Q3]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $151 4% downside
• Avg. target: $169 8% upside
• High target: $185 17% upside

9 analyst ratings

• positive: 8 89%
• neutral: 1 11%
• negative: 0 0%

Wells Fargo Michael Brown 74% 1-year accuracy 32 / 43 met price target	4% downside $151	Equal-Weight Maintained	14 Jan 2025
Keefe, Bruyette & Woods Kyle Voigt 74% 1-year accuracy 20 / 27 met price target	7% upside $168	Outperform Maintained	13 Jan 2025
Oppenheimer Chris Kotowski 91% 1-year accuracy 71 / 78 met price target	11% upside $175	Outperform Maintained	12 Dec 2024
Barclays Benjamin Budish 77% 1-year accuracy 88 / 115 met price target	17% upside $185	Overweight Maintained	9 Dec 2024
Goldman Sachs Alexander Blostein 70% 1-year accuracy 30 / 43 met price target	12% upside $177	Buy Maintained	19 Nov 2024