Signaturefd LLC Raises Stock Holdings in Kyndryl Holdings, Inc. $KD

Signaturefd LLC increased its position in Kyndryl Holdings, Inc. (NYSE:KD) by 156.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,970 shares of the company’s stock after purchasing an additional 2,424 shares during the period. Signaturefd LLC’s holdings in Kyndryl were worth $167,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in KD. Opal Wealth Advisors LLC bought a new stake in Kyndryl in the first quarter worth $27,000. Hollencrest Capital Management boosted its holdings in Kyndryl by 637.7% in the first quarter. Hollencrest Capital Management now owns 900 shares of the company’s stock worth $28,000 after acquiring an additional 778 shares in the last quarter. Quarry LP bought a new stake in Kyndryl in the first quarter worth $28,000. ST Germain D J Co. Inc. boosted its holdings in Kyndryl by 135.2% in the second quarter. ST Germain D J Co. Inc. now owns 668 shares of the company’s stock worth $28,000 after acquiring an additional 384 shares in the last quarter. Finally, Compass Financial Services Inc bought a new stake in Kyndryl in the first quarter worth $30,000. 71.53% of the stock is owned by institutional investors.

Kyndryl Stock Performance

Shares of KD opened at $30.20 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.24. The business has a 50-day simple moving average of $31.85 and a two-hundred day simple moving average of $35.02. The stock has a market cap of $6.98 billion, a price-to-earnings ratio of 24.96, a PEG ratio of 3.38 and a beta of 1.85. Kyndryl Holdings, Inc. has a 52 week low of $22.68 and a 52 week high of $44.20.

Kyndryl (NYSE:KD) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Kyndryl had a return on equity of 19.88% and a net margin of 1.97%.The business’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.13 earnings per share. Kyndryl has set its FY 2026 guidance at EPS. On average, analysts expect that Kyndryl Holdings, Inc. will post 0.73 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on KD shares. Zacks Research downgraded Kyndryl from a “hold” rating to a “strong sell” rating in a report on Monday, September 29th. Wall Street Zen downgraded Kyndryl from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Morgan Stanley assumed coverage on Kyndryl in a report on Friday, September 26th. They set an “equal weight” rating and a $30.00 price target on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kyndryl in a report on Saturday, September 27th. Finally, Oppenheimer upped their price target on Kyndryl from $47.00 to $55.00 and gave the company an “outperform” rating in a report on Tuesday, July 8th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $42.00.

Kyndryl Profile

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.