Stock events for KKR & Co., Inc. (KKR)
KKR's stock price has been influenced by several events in the past six months. The stock experienced a 6.37% drop in pre-market trading following an announcement to sell shares in J.B. Chemicals & Pharmaceuticals Limited and a downgrade from HSBC. KKR released its second-quarter financial results, which surpassed analyst expectations; however, the stock still saw a 2.59% decline after the announcement. KKR expanded its strategic partnership with ADNOC through a new investment in gas pipelines. KKR was exploring a $7 billion sale of a stake in Pembina Gas Infrastructure. BMO Capital Markets upgraded KKR's stock rating. Chairman George R. Roberts sold over 809,000 shares. Over the past six months, KKR's stock has shown a 31.94% increase, although it experienced a 7.55% fall in the last month.
Demand Seasonality affecting KKR & Co., Inc.’s stock price
The demand for KKR's products and services varies by asset class. Infrastructure investments generally experience stable demand. The private credit market has seen consistently high institutional demand, projected to continue growing through 2028. Real estate demand traditionally surges during spring and summer, slowing in fall and winter. KKR seeks to invest in businesses with stable, year-round growth. In the insurance sector, demand has been stronger, influenced by rising interest rates.
Overview of KKR & Co., Inc.’s business
KKR & Co. Inc. is a leading American global private equity and investment company in the financial services sector, specializing in investment management and fund operations. The firm offers alternative asset management, including management buyouts, leveraged finance, venture capital, and growth capital. KKR manages various funds, such as private equity, equity, alternative credit, real estate, infrastructure, and energy assets. It also provides capital markets and insurance solutions through subsidiaries like Global Atlantic Financial Group.
KKR’s Geographic footprint
KKR has a significant global presence with offices across the Americas, Europe, the Middle East, and Asia Pacific, with its headquarters in New York City. The company has offices in major cities such as Beijing, Dubai, Dublin, Houston, Hong Kong, London, Luxembourg, Madrid, Menlo Park, Mumbai, Paris, Riyadh, San Francisco, São Paulo, Seoul, Singapore, Shanghai, Sydney, and Tokyo.
KKR Corporate Image Assessment
Information specifically detailing events that have impacted KKR's brand reputation within the past year is limited in the provided search results. General news sentiment tracking indicates the average positivity or negativity of articles about the company. While earlier events, such as the employee stock ownership program at Simon & Schuster in October 2023, were noted for their positive impact on reputation, no comparable specific events within the requested timeframe were found.
Ownership
KKR & Co. Inc. has a diverse ownership structure, with institutional shareholders holding approximately 60.12% of the company, KKR insiders owning 19.34%, and retail investors holding 20.53%. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., Capital International Investors, State Street Corp, and Wellington Management Group Llp. Prominent individual owners and insiders include Henry R. Kravis, who is the largest individual shareholder with 8.72% of the company, George R. Roberts, Scott C. Nuttall, and Joseph Y. Bae.
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$125.98