Rep. Josh Gottheimer Sells Off Shares of KKR & Co. Inc. (NYSE:KKR)

Representative Josh Gottheimer (D-New Jersey) recently sold shares of KKR & Co. Inc. (NYSE:KKR). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in KKR & Co. Inc. stock on April 14th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 4/23/2025.
• Purchased $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Techtronic Industries (OTCMKTS:TTNDY) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of D.R. Horton (NYSE:DHI) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/17/2025.

KKR & Co. Inc. Price Performance

Shares of NYSE:KKR opened at $125.87 on Friday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The company has a market cap of $111.80 billion, a P/E ratio of 37.80, a PEG ratio of 1.00 and a beta of 1.91. KKR & Co. Inc. has a 52 week low of $86.15 and a 52 week high of $170.40. The company has a 50-day moving average price of $112.21 and a 200 day moving average price of $135.68.

KKR & Co. Inc. (NYSE:KKR) last announced its quarterly earnings data on Thursday, May 1st. The asset manager reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. The firm had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.71 billion. KKR & Co. Inc. had a net margin of 14.31% and a return on equity of 6.20%. The firm’s revenue was down 67.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.97 earnings per share. Research analysts predict that KKR & Co. Inc. will post 5.19 earnings per share for the current year.

KKR & Co. Inc. Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, May 13th will be given a $0.185 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a yield of 0.64%. This is an increase from KKR & Co. Inc.’s previous dividend of $0.17. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 31.22%.

Institutional Trading of KKR & Co. Inc.

Hedge funds and other institutional investors have recently bought and sold shares of the company. McIlrath & Eck LLC purchased a new stake in KKR & Co. Inc. in the 4th quarter worth approximately $26,000. Hanson & Doremus Investment Management purchased a new stake in shares of KKR & Co. Inc. during the 4th quarter valued at $27,000. Crews Bank & Trust purchased a new stake in shares of KKR & Co. Inc. during the 4th quarter valued at $30,000. Mascagni Wealth Management Inc. purchased a new stake in shares of KKR & Co. Inc. during the 4th quarter valued at $31,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of KKR & Co. Inc. during the 4th quarter valued at $34,000. 76.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Keefe, Bruyette & Woods raised their price objective on shares of KKR & Co. Inc. from $129.00 to $131.00 and gave the company an “outperform” rating in a research report on Friday, May 2nd. Hsbc Global Res upgraded shares of KKR & Co. Inc. from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 15th. Bank of America reduced their price target on shares of KKR & Co. Inc. from $214.00 to $194.00 and set a “buy” rating for the company in a research report on Friday, April 4th. Citigroup reduced their price target on shares of KKR & Co. Inc. from $177.00 to $132.00 and set a “buy” rating for the company in a research report on Tuesday, April 8th. Finally, JMP Securities reduced their price target on shares of KKR & Co. Inc. from $165.00 to $150.00 and set a “market outperform” rating for the company in a research report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $149.14.

Insider Activity

In related news, Director Robert W. Scully acquired 13,250 shares of the stock in a transaction dated Tuesday, May 6th. The stock was bought at an average cost of $113.49 per share, with a total value of $1,503,742.50. Following the purchase, the director now directly owns 13,250 shares of the company’s stock, valued at approximately $1,503,742.50. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $34.20, for a total transaction of $205,200,000.00. Following the sale, the insider now directly owns 13,260,971 shares of the company’s stock, valued at $453,525,208.20. This represents a 31.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 39.34% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About KKR & Co. Inc.

KKR & Co, Inc operates as an investment firm. It offers alternative asset management as well as capital markets and insurance solutions. The firm’s business segments include Asset Management and Insurance Business. The Asset Management segment engages in providing private equity, real assets, credit and liquid strategies, capital markets, and principal activities.