Kimbell Royalty (NYSE:KRP) Stock Rating Upgraded by KeyCorp

Kimbell Royalty (NYSE:KRP) was upgraded by analysts at KeyCorp from a “sector weight” rating to an “overweight” rating in a research report issued on Thursday, MarketBeat reports. The firm presently has a $17.00 price objective on the energy company’s stock. KeyCorp’s target price indicates a potential upside of 15.37% from the company’s previous close. KeyCorp also issued estimates for Kimbell Royalty’s Q4 2026 earnings at $0.26 EPS, Q1 2027 earnings at $0.25 EPS, Q2 2027 earnings at $0.21 EPS, Q3 2027 earnings at $0.20 EPS, Q4 2027 earnings at $0.22 EPS and FY2027 earnings at $0.88 EPS.

KRP has been the subject of several other reports. Wall Street Zen downgraded shares of Kimbell Royalty from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Mizuho reduced their target price on shares of Kimbell Royalty from $17.00 to $16.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. Citigroup upped their price target on shares of Kimbell Royalty from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday. Weiss Ratings upgraded Kimbell Royalty from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 2nd. Finally, Zacks Research cut Kimbell Royalty from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Kimbell Royalty currently has a consensus rating of “Hold” and an average target price of $17.33.

Kimbell Royalty Stock Performance

Kimbell Royalty stock opened at $14.74 on Thursday. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 23.77, a price-to-earnings-growth ratio of 3.48 and a beta of 0.29. Kimbell Royalty has a 12 month low of $10.98 and a 12 month high of $15.12. The company has a debt-to-equity ratio of 0.72, a current ratio of 8.64 and a quick ratio of 8.64. The stock’s 50-day moving average is $14.20 and its 200-day moving average is $13.26.

Kimbell Royalty (NYSE:KRP) last issued its earnings results on Thursday, February 26th. The energy company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.07. Kimbell Royalty had a return on equity of 13.73% and a net margin of 26.43%.The business had revenue of $82.45 million during the quarter, compared to analysts’ expectations of $76.78 million. During the same quarter in the previous year, the business earned ($0.48) EPS. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. Equities analysts anticipate that Kimbell Royalty will post 0.65 earnings per share for the current year.

Kimbell Royalty declared that its board has approved a share repurchase program on Monday, March 9th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the energy company to repurchase up to 6.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Kimbell Royalty

In related news, insider Blayne Rhynsburger sold 6,609 shares of the firm’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $14.48, for a total transaction of $95,698.32. Following the completion of the sale, the insider directly owned 75,163 shares of the company’s stock, valued at approximately $1,088,360.24. This trade represents a 8.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 5.60% of the company’s stock.

Hedge Funds Weigh In On Kimbell Royalty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Wyoming acquired a new stake in shares of Kimbell Royalty during the third quarter valued at about $62,000. EverSource Wealth Advisors LLC lifted its stake in shares of Kimbell Royalty by 29.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5,450 shares of the energy company’s stock worth $64,000 after acquiring an additional 1,250 shares in the last quarter. Marex Group plc purchased a new position in Kimbell Royalty in the fourth quarter valued at about $118,000. Westwood Holdings Group Inc. acquired a new stake in Kimbell Royalty during the 2nd quarter valued at approximately $140,000. Finally, Tableaux LLC acquired a new stake in Kimbell Royalty during the 4th quarter valued at approximately $120,000. 25.78% of the stock is owned by hedge funds and other institutional investors.

Kimbell Royalty News Roundup

Here are the key news stories impacting Kimbell Royalty this week:

• Positive Sentiment: KeyCorp/KeyBanc upgraded Kimbell from “sector weight” to “overweight” and set a $17 price target (roughly mid‑teens upside from recent levels), highlighting the company’s yield and total‑return appeal. Read More.
• Positive Sentiment: KeyCorp raised its FY2027 EPS view to $0.88 (from $0.80) and lifted several quarterly forecasts (Q1–Q3/Q4 2026/2027 mostly higher), signaling analyst confidence in stronger cash flow and distribution sustainability — a potential driver for upside if realized.
• Positive Sentiment: Separate coverage notes highlight Kimbell as a compelling yield opportunity amid sector repositioning at KeyBanc, which may draw income‑oriented buyers. Read More.
• Positive Sentiment: Citigroup published a bullish note forecasting strong price appreciation for KRP, adding another institutional vote of confidence that can support demand for the shares. Read More.
• Neutral Sentiment: Analyst estimate changes are mixed at the quarterly level (some small raises and one modest cut for a late‑2027 quarter). While KeyCorp’s net view improved, individual quarter tweaks add noise that may temper near‑term reaction until company results confirm the trajectory.
• Negative Sentiment: KeyCorp slightly cut its Q4 2027 EPS estimate (to $0.22 from $0.23), a minor downward revision that could be cited by short‑term traders as a reason to lock in gains; impact is small but noted by the market.

About Kimbell Royalty

Kimbell Royalty Partners LP (NYSE: KRP) is a mineral and royalty company focused on acquiring and managing oil and natural gas royalty interests in the United States. As a master limited partnership, Kimbell Royalty generates fee-like revenues by collecting royalties and overriding royalty interests on production volumes, without directly bearing the capital or operating costs of drilling and completion activities. The partnership’s business model emphasizes steady cash flows and limited downside exposure to commodity price fluctuations.

The company’s asset portfolio spans multiple onshore basins, with a core concentration in Texas and New Mexico.