Piper Sandler Cuts KKR Price Target to $121
Key Points
- Piper Sandler maintained its Overweight rating on KKR & Co. Inc. on October 19, 2026, moving its price target down to $121 from $128.
- Piper Sandler's $121 price target implies 39.26% upside from KKR & Co. Inc.'s ($KKR) current $86.89 share price.
- Major funds adjusted their positions earlier in the year, with Capital International Investors growing its stake by 1,254,322 shares to end with 36,389,402 shares worth about $3.16 billion.
- The asset management firm posts trailing twelve month revenue of $25.8 billion alongside a dividend rate of $0.78 per share.
Get KKR & Co. text alerts
We text you when insiders, Congress, analysts or big funds move on $KKR.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated KKR & Co. Inc. alert may contain errors. Disclosures
On October 19, 2026, Piper Sandler maintained its Overweight rating on KKR & Co. Inc. (NYSE:KKR) while adjusting its price target downward. The update arrived as shares traded close to $86.89, matching the closing price of $86.94 on the day of the announcement.
KKR
KKR & Co. Inc.
Piper Sandler vs. the S&P 500
Hypothetical returns from Piper Sandler's disclosed trades, not real profit or advice. How we model this.
Piper Sandler's Call on KKR
On October 19, 2026, Piper Sandler kept its Overweight rating on the asset management firm while lowering its price target to $121 from $128. The firm's updated target signals its outlook for the stock relative to its peers in the financial sector.
Other Institutional Activity in KKR
Capital International Investors grew its holdings by 1,254,322 shares, ending with 36,389,402 shares worth about $3,163,876,545. Principal Financial Group, Inc. added 169,714 shares, growing its stake by 0.9% to finish with 19,677,109 shares valued at approximately $1,710,826,236.
KKR & Co. Inc. Stock Up 0.8%
Shares of KKR recently changed hands around $86.89, sitting below the 50-day moving average of $100.52 and the 200-day moving average of $100.87. The stock trades below its 52-week high of $144.84 while holding above its 52-week low of $82.67.
$KKR price target
KKR & Co. Inc. daily closes and this analyst's $121 target. Not advice.
Recent Earnings
KKR reported trailing-twelve-month revenue of $25,833,117,696 and earnings of $3.13 per share. The company records a return on equity of 7.3% and a net profit margin of 12.2%. The next earnings report is scheduled for November 9, 2026.
Dividend
Eligible shareholders receive an annual dividend rate of $0.78 per share, giving the stock a dividend yield of 0.9% based on recent pricing. The payout ratio sits at 24.0% of earnings.
Insider Buying and Selling at KKR & Co. Inc.
Chief Executive Officer Joseph Y. Bae bought 50,000 shares on February 27, 2026, at an average price of $88.56 for a total value of $4,428,000. Director Mary N. Dillon acquired 22,225 shares on March 2, 2026, at $90.96 per share worth $2,021,586. Director Timothy R. Barakett purchased 50,000 shares on March 4, 2026, at $94.47 each for a total of $4,723,500. Later, on September 3, 2026, officer Dane E. Holmes sold 10,000 shares at $108.58 for a total value of $1,085,800.
Analysts Set New Price Targets
Wells Fargo initiated coverage on October 2, 2026, with an Equal-Weight rating and a $97 target. Barclays maintained an Overweight rating on October 8, 2026, lowering its target from $135 to $130. TD Cowen maintained a Hold rating on October 12, 2026, trimming its target to $103 from $118. UBS maintained a Buy rating on October 13, 2026, moving its target from $123 to $122. Across the street, analysts carry a consensus buy rating with a mean price target of $121.72 across 21 opinions.
About KKR
KKR & Co. Inc. operates as a global investment firm specializing in private equity, real estate, credit, and growth equity strategies. The firm manages capital for institutional and individual investors through various direct and fund investments.
Bottom Line
Investors are keeping an eye on KKR ahead of its upcoming earnings report on November 9, 2026. Piper Sandler's updated target highlights ongoing adjustments among Wall Street research firms tracking the company.
Related Filing Alerts
Source: Piper Sandler's rating change on $KKR (Oct 19, 2026). Written by software, not financial advice. How we make alerts