Wells Fargo & Company Cuts FS KKR Capital (NYSE:FSK) Price Target to $11.00

FS KKR Capital (NYSE:FSK) had its price objective cut by Wells Fargo & Company from $15.00 to $11.00 in a report published on Friday morning,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other equities analysts have also recently commented on the company. Weiss Ratings restated a “hold (c-)” rating on shares of FS KKR Capital in a report on Thursday, January 22nd. Wall Street Zen cut shares of FS KKR Capital from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Keefe, Bruyette & Woods dropped their price objective on shares of FS KKR Capital from $18.50 to $18.00 and set a “market perform” rating for the company in a report on Monday, November 10th. Royal Bank Of Canada reduced their target price on shares of FS KKR Capital from $18.00 to $17.00 and set a “sector perform” rating on the stock in a report on Friday, November 14th. Finally, Zacks Research raised shares of FS KKR Capital from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 10th. Eight investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $16.50.

FS KKR Capital Price Performance

Shares of FSK stock opened at $10.80 on Friday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 3.05 and a current ratio of 3.05. The firm’s 50 day moving average price is $13.90 and its 200-day moving average price is $15.21. FS KKR Capital has a one year low of $10.79 and a one year high of $23.84.

FS KKR Capital (NYSE:FSK) last announced its earnings results on Wednesday, February 25th. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.03). FS KKR Capital had a net margin of 0.72% and a return on equity of 5.21%. The firm had revenue of $348.00 million during the quarter, compared to analysts’ expectations of $361.59 million. During the same period in the previous year, the firm earned $0.66 EPS. On average, research analysts forecast that FS KKR Capital will post 2.89 earnings per share for the current year.

FS KKR Capital Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Wednesday, March 18th will be given a dividend of $0.03 per share. This represents a dividend yield of 1,595.0%. The ex-dividend date of this dividend is Wednesday, March 18th. FS KKR Capital’s payout ratio is 8,533.33%.

Institutional Trading of FS KKR Capital

Hedge funds and other institutional investors have recently bought and sold shares of the business. Atlantic Union Bankshares Corp purchased a new stake in FS KKR Capital during the 2nd quarter worth about $26,000. Beacon Capital Management Inc. acquired a new stake in shares of FS KKR Capital during the 2nd quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in FS KKR Capital during the fourth quarter worth approximately $26,000. Jessup Wealth Management Inc acquired a new position in FS KKR Capital in the fourth quarter valued at approximately $26,000. Finally, FNY Investment Advisers LLC purchased a new position in FS KKR Capital in the fourth quarter valued at approximately $28,000. 36.26% of the stock is currently owned by institutional investors and hedge funds.

FS KKR Capital News Summary

Here are the key news stories impacting FS KKR Capital this week:

• Positive Sentiment: Small special dividend announced (record March 18; $0.03 per share, payable April 2) — a one‑time cash distribution that provides a modest near‑term payout to holders.
• Neutral Sentiment: FS KKR posted Q4 2025 results and held an earnings call; management released the presentation and supplemental materials that give detail on portfolio performance and NAV drivers. These disclosures help investors assess credit quality and payout sustainability. Earnings Presentation
• Neutral Sentiment: Analysts and outlets ran focused metric reviews of the quarter (coverage on Q4 key metrics and model impacts). These notes outline where EPS and revenue missed and what to watch next (credit yields, prepayments, expense/costs). Zacks Analysis
• Negative Sentiment: Management cut the regular dividend by ~31%, a direct hit to income investors and a major reason for the stock decline — the market treats BDC payout cuts as a signal of weaker portfolio income or coverage pressure. Dividend Cut Article
• Negative Sentiment: RBC Capital reduced its price target (from $17 to $15) and cited dividend outlook concerns, placing a sector‑perform rating on the stock — analyst downgrades lower investor expectations and can accelerate selling pressure. RBC Coverage
• Negative Sentiment: Wells Fargo cut its price target from $15 to $11 and moved to an equal‑weight rating, signaling lower near‑term upside after the quarter — another anchor on sentiment. Wells Fargo Note
• Negative Sentiment: Broader credit‑market concerns: a Financial Times piece reported a jump in troubled loans at a KKR‑managed private credit fund — investors may fear spillover to FS KKR’s portfolio or tighter credit fundamentals for the manager’s strategies. FT Article

About FS KKR Capital

FS KKR Capital Corp (NYSE:FSK) is a closed-end, externally managed business development company that primarily invests in private middle-market U.S. companies. The firm seeks to generate current income and capital appreciation by structuring investments in floating-rate senior secured loans, unitranche financings, second lien debt and mezzanine instruments. As a business development company, FSK provides financing solutions designed to support growth initiatives, acquisitions, leveraged buyouts and recapitalizations for privately held enterprises.

Established in 2018 through a strategic partnership between FS Investment Corporation and KKR Credit Advisors, a division of global investment firm KKR & Co Inc, FSK combines the credit underwriting capabilities of KKR’s global platform with FS’s expertise in private credit markets.