Allspring Global Investments Holdings LLC Boosts Holdings in Kyndryl Holdings, Inc. $KD

Allspring Global Investments Holdings LLC boosted its position in shares of Kyndryl Holdings, Inc. (NYSE:KD) by 5.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,658,549 shares of the company’s stock after purchasing an additional 81,422 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.73% of Kyndryl worth $42,276,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of KD. Sky Investment Group LLC raised its holdings in Kyndryl by 10.5% in the fourth quarter. Sky Investment Group LLC now owns 135,860 shares of the company’s stock worth $3,608,000 after buying an additional 12,880 shares during the last quarter. Dakota Wealth Management bought a new position in shares of Kyndryl in the fourth quarter worth approximately $1,104,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Kyndryl by 21.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 99,418 shares of the company’s stock valued at $2,666,000 after buying an additional 17,296 shares during the last quarter. NorthCrest Asset Manangement LLC grew its holdings in shares of Kyndryl by 66.5% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 16,168 shares of the company’s stock valued at $425,000 after buying an additional 6,460 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Kyndryl by 36.8% during the fourth quarter. GAMMA Investing LLC now owns 4,808 shares of the company’s stock valued at $128,000 after acquiring an additional 1,293 shares in the last quarter. 71.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Weiss Ratings cut Kyndryl from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, March 18th. Zacks Research lowered Kyndryl from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 18th. JPMorgan Chase & Co. cut Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 price target for the company. in a research note on Monday, February 9th. Susquehanna lowered their price target on Kyndryl from $35.00 to $16.00 and set a “positive” rating on the stock in a report on Friday, February 13th. Finally, Morgan Stanley dropped their price objective on Kyndryl from $28.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 24th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Kyndryl has an average rating of “Reduce” and an average target price of $25.60.

Kyndryl Stock Down 2.2%

KD opened at $12.83 on Thursday. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 12.22 and a beta of 1.82. The firm has a 50 day moving average price of $15.11 and a 200-day moving average price of $23.16. Kyndryl Holdings, Inc. has a twelve month low of $10.10 and a twelve month high of $44.20. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.75.

Kyndryl (NYSE:KD) last issued its earnings results on Monday, February 9th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.08). The company had revenue of $3.86 billion during the quarter, compared to analysts’ expectations of $3.89 billion. Kyndryl had a return on equity of 25.91% and a net margin of 1.65%.The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.51 EPS. Equities research analysts forecast that Kyndryl Holdings, Inc. will post 0.73 earnings per share for the current year.

More Kyndryl News

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl launched “Agentic Service Management,” an AI‑native service management offering (maturity model, assessments, implementation blueprints) aimed at moving customers to autonomous, governance‑aware IT workflows — a strategic product that could increase managed‑services demand and reinforce Kyndryl’s positioning in AI infrastructure services. Kyndryl launches Agentic Service Management
• Positive Sentiment: Analyst commentary points to a possible lift from a new Texas public‑sector IT modernization contract — a potentially meaningful revenue/backlog catalyst for the bull case if the deal is material and leads to broader state/local rollouts. Details remain limited, so upside depends on contract size and execution. The Bull Case For Kyndryl Holdings (KD) Could Change Following New Texas Public-Sector IT Modernization Contract
• Negative Sentiment: Hagens Berman filed/announced an expanded securities class action that broadens the potential class and adds allegations about Kyndryl’s free cash flow reporting — this increases litigation risk, potential financial exposure, and short‑term share pressure. Investors face an April 13 deadline for lead‑plaintiff motions. Kyndryl (KD) Faces Expanded Class Action; Investors See April 13 Deadline – Hagens Berman
• Negative Sentiment: Multiple law firms (Levi & Korsinsky, Pomerantz, Kahn Swick & Foti, Faruqi & Faruqi, The Gross Law Firm, Portnoy, etc.) have issued class‑action notices and reminders about the April 13 deadline, signaling widespread investor interest in litigation claims — this coordination can amplify legal costs, management distraction, and sentiment headwinds. Representative notice: Levi & Korsinsky. Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline

Kyndryl Company Profile

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.