KKR & Co (KKR)

• Market cap: $117B
• 1 day: -1.73%
• 5 days: -5.29%
• 1 month: -17.73%
• 3 months: -16.14%
• 6 months: 11.33%
• Year to date: -11.37%
• 1 year: 41.17%
• 5 years: 299.34%
• 10 years: 451.61%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

269% more first-time investments, than exits

New positions opened: 214 | Existing positions closed: 58

33% more funds holding in top 10

Funds holding in top 10: 39 [Q3] → 52 (+13) [Q4]

16% more repeat investments, than reductions

Existing positions increased: 471 | Existing positions reduced: 406

11% more capital invested

Capital invested by funds: $70.9B [Q3] → $78.5B (+$7.58B) [Q4]

9% more funds holding

Funds holding: 1,153 [Q3] → 1,258 (+105) [Q4]

1.47% less ownership

Funds ownership: 61.19% [Q3] → 59.72% (-1.47%) [Q4]

12% less call options, than puts

Call options by funds: $833M | Put options by funds: $945M

Research analyst outlook

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

• Low target: $150 13% upside
• Avg. target: $167 26% upside
• High target: $181 37% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Morgan Stanley Michael Cyprys 76% 1-year accuracy 22 / 29 met price target	18% upside $156	Equal-Weight Maintained	6 Feb 2025
Wells Fargo Michael Brown 52% 1-year accuracy 31 / 60 met price target	13% upside $150	Equal-Weight Maintained	5 Feb 2025
Barclays Benjamin Budish 76% 1-year accuracy 95 / 125 met price target	37% upside $181	Overweight Maintained	5 Feb 2025
HSBC Vikram Gandhi 100% 1-year accuracy 3 / 3 met price target	31% upside $173	Hold Downgraded	30 Jan 2025
Keefe, Bruyette & Woods Kyle Voigt 71% 1-year accuracy 22 / 31 met price target	27% upside $168	Outperform Maintained	13 Jan 2025