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Timothy R. Barakett, a director at KKR & Co. Inc. (NYSE:KKR), recently acquired 35,000 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The purchase, made on May 22, 2025, was executed at an average price of $117.92 per share, totaling approximately $4.13 million. Following this transaction, Barakett holds a total of 185,000 shares indirectly through a limited partnership. The insider purchase comes as KKR demonstrates strong historical performance, with InvestingPro data showing robust returns over the past five years despite trading at a high P/E ratio of 48.8x. For deeper insights into KKR’s valuation and performance metrics, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, KKR & Co. Inc. reported impressive financial results for the first quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $1.15, exceeding the forecast of $1.13, and reported revenue of $3.11 billion, significantly outperforming the expected $1.71 billion. Additionally, KKR raised $31 billion in new capital, demonstrating strong fundraising capabilities. In another development, Morgan Stanley (NYSE:MS) upgraded KKR’s stock rating from Equalweight to Overweight and increased the price target to $150.00, citing improved macroeconomic conditions and a reduction in tariff tensions with China. Analysts at Morgan Stanley also revised their 2026 EPS estimates for KKR upward by 4.5%. Furthermore, KKR announced the launch of a subordinated notes offering due in 2065 to raise capital for general corporate needs. This offering is managed by a consortium of financial institutions, including Wells Fargo (NYSE:WFC) Securities, BofA Securities, and J.P. Morgan Securities. These recent developments highlight KKR’s robust financial performance and strategic initiatives in the current market environment.
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