KKR co-executive chairman George Roberts sells $142.6 million in stock

Published 03/06/2025, 02:26
KKR co-executive chairman George Roberts sells $142.6 million in stock

In a recent transaction, George R. Roberts, Co-Executive Chairman of KKR & Co. Inc. (NYSE:KKR), sold a significant portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Roberts sold 1,190,094 shares of KKR common stock on June 2, 2025, at a price of $119.8 per share. This transaction amounts to a total value of approximately $142.6 million.

Following the sale, Roberts retains ownership of 82,171,884 shares indirectly through a trust. Additional holdings include 1,200,000 shares in a limited partnership controlled by Roberts for charitable purposes, 1,043,242 shares in another limited partnership over which he has investment discretion, and 257,635 shares in a corporation where he serves as president. KKR has demonstrated strong financial performance, maintaining dividend payments for 16 consecutive years with a 12.12% dividend growth in the last twelve months.

The filing notes that Roberts may sell up to an additional 900,000 shares of KKR common stock during the calendar year 2025 to fund personal investments, expenses, or charitable contributions. However, there are currently no plans for further sales beyond those disclosed in this filing. For deeper insights into KKR’s valuation and comprehensive analysis, including 13 additional ProTips and detailed financial metrics, visit InvestingPro.

In other recent news, KKR & Co. Inc. reported strong financial results for the first quarter of 2025, surpassing analysts’ expectations with an earnings per share (EPS) of $1.15, exceeding the forecast of $1.13. The company also reported revenue of $3.11 billion, significantly outperforming the expected $1.71 billion. Additionally, KKR raised $31 billion in new capital, demonstrating its robust fundraising capabilities. In another development, Morgan Stanley (NYSE:MS) upgraded KKR’s stock rating from Equalweight to Overweight and increased the price target from $120 to $150, citing improved macroeconomic conditions and a favorable outlook for KKR’s earnings growth. Furthermore, KKR announced the launch of a subordinated notes offering due in 2065, aimed at raising capital for general corporate needs. The offering is backed by KKR Group Partnership L.P. and managed by a consortium of financial institutions. These recent developments highlight KKR’s strategic initiatives and strong market positioning in the investment sector.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.