KKR & CoKKR
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)
111% more first-time investments, than exits
New positions opened: 171 | Existing positions closed: 81
29% more repeat investments, than reductions
Existing positions increased: 450 | Existing positions reduced: 350
19% more capital invested
Capital invested by funds: $57.2B [Q2] → $68.1B (+$10.9B) [Q3]
9% more funds holding
Funds holding: 1,058 [Q2] → 1,148 (+90) [Q3]
6% more call options, than puts
Call options by funds: $695M | Put options by funds: $656M
2.49% less ownership
Funds ownership: 61.29% [Q2] → 58.8% (-2.49%) [Q3]
10% less funds holding in top 10
Funds holding in top 10: 42 [Q2] → 38 (-4) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Keefe, Bruyette & Woods Kyle Voigt 83% 1-year accuracy 20 / 24 met price target | 15%upside $170 | Outperform Maintained | 20 Dec 2024 |
Wells Fargo Michael Brown 68% 1-year accuracy 28 / 41 met price target | 10%upside $163 | Equal-Weight Maintained | 12 Dec 2024 |
Oppenheimer Chris Kotowski 88% 1-year accuracy 69 / 78 met price target | 19%upside $175 | Outperform Maintained | 12 Dec 2024 |
Barclays Benjamin Budish 69% 1-year accuracy 72 / 104 met price target | 25%upside $185 | Overweight Maintained | 9 Dec 2024 |
Goldman Sachs Alexander Blostein 73% 1-year accuracy 32 / 44 met price target | 20%upside $177 | Buy Maintained | 19 Nov 2024 |
Financial journalist opinion
Based on 23 articles about KKR published over the past 30 days
