Citigroup Inc. Boosts Stock Holdings in Kyndryl Holdings, Inc. $KD

Citigroup Inc. raised its position in shares of Kyndryl Holdings, Inc. (NYSE:KD) by 96.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 94,384 shares of the company’s stock after purchasing an additional 46,317 shares during the period. Citigroup Inc.’s holdings in Kyndryl were worth $2,834,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Assetmark Inc. lifted its position in shares of Kyndryl by 75.3% during the 2nd quarter. Assetmark Inc. now owns 775 shares of the company’s stock valued at $33,000 after buying an additional 333 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Kyndryl by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,171 shares of the company’s stock worth $35,000 after acquiring an additional 770 shares during the last quarter. Quent Capital LLC bought a new stake in Kyndryl in the 3rd quarter valued at about $42,000. True Wealth Design LLC lifted its holdings in Kyndryl by 103.0% during the third quarter. True Wealth Design LLC now owns 1,547 shares of the company’s stock valued at $46,000 after purchasing an additional 785 shares during the last quarter. Finally, Employees Retirement System of Texas purchased a new stake in Kyndryl during the second quarter valued at about $49,000. 71.53% of the stock is currently owned by institutional investors.

Key Stories Impacting Kyndryl

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Sizable institutional purchase — Solas Capital bought ~407,000 Kyndryl shares, signaling conviction from a large investor and providing short-term demand support. Solas Capital Loads Up On Kyndryl With 407,000 Shares Bought
• Positive Sentiment: Market narrative around AI expansion gave KD an earlier intraday bounce (reported up ~9.7%) as investors reacted to commentary tying Kyndryl’s governance changes to a sharper AI growth story. Why Kyndryl Holdings (KD) Is Up 9.7% After Governance Turmoil Meets AI Expansion Efforts
• Neutral Sentiment: Company PR: Kyndryl published a Healthcare Readiness Report on scaling AI safely in healthcare — supportive for the long-term services narrative but unlikely to move near-term results. Scaling AI Safely Will Define Success for Healthcare Leaders in 2026
• Negative Sentiment: Amended filings disclosed ineffective disclosure controls and internal-control weaknesses for multiple 2025 periods and flagged problems first reported Feb. 9 — heightening restatement/uncertainty risk and undermining near-term trust in reported results. Kyndryl Holdings (KD) Faces Securities Class Action Amid 55% Stock Drop After Four Bombshell Disclosures – Hagens Berman
• Negative Sentiment: Broad litigation activity — multiple law firms have filed or are soliciting lead-plaintiff candidates in a securities class action (deadline April 13), increasing legal risk and potential costs. Investors face ongoing headline risk from these filings and related discovery. Kyndryl Holdings, Inc. Sued for Securities Law Violations – The Gross Law Firm

Kyndryl Price Performance

KD stock opened at $13.18 on Friday. The firm has a 50 day moving average of $20.08 and a 200-day moving average of $25.61. The firm has a market capitalization of $2.97 billion, a P/E ratio of 12.55 and a beta of 1.92. Kyndryl Holdings, Inc. has a 12 month low of $10.10 and a 12 month high of $44.20. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.75.

Kyndryl (NYSE:KD) last posted its earnings results on Monday, February 9th. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08). Kyndryl had a return on equity of 25.91% and a net margin of 1.65%.The firm had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same period last year, the company posted $0.51 EPS. The business’s revenue was up .6% on a year-over-year basis. As a group, sell-side analysts predict that Kyndryl Holdings, Inc. will post 0.73 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Oppenheimer reiterated a “market perform” rating on shares of Kyndryl in a research note on Monday, February 9th. Susquehanna cut their price objective on shares of Kyndryl from $35.00 to $16.00 and set a “positive” rating for the company in a report on Friday, February 13th. Zacks Research lowered shares of Kyndryl from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 18th. Guggenheim cut shares of Kyndryl from a “buy” rating to a “neutral” rating in a report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. downgraded Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 target price on the stock. in a research report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $29.00.

About Kyndryl

Kyndryl (NYSE: KD) is a global managed infrastructure services provider formed in November 2021 through the spin-off of IBM’s Managed Infrastructure Services business. The company designs, builds, manages and modernizes critical information technology systems for enterprises worldwide. Kyndryl’s core offerings include cloud migration and management, network and edge computing solutions, digital workplace services and IT resiliency and security capabilities.

With a workforce of approximately 90,000 professionals and operations in more than 60 countries, Kyndryl serves clients across a broad range of industries, including financial services, telecommunications, healthcare, manufacturing and retail.