KKR Stock Recent News

KKR stock trades at about 20 times the consensus estimate for around $6.65 a share in earnings next year.

Fee-related earnings and AUM continue to grow steadily. The insurance business caused short-term volatility but has long-term potential. Market risks and low realizations remain, but the business model is resilient.

KKR & Co. Inc. boasts strong fundamentals, outperforming SPY and peers, with a robust asset base and investment-grade credit ratings. The company has a 14-year streak of uninterrupted dividends, with recent consecutive increases, highlighting its commitment to shareholder returns. Among KKR's baby bonds, KKRS offers a standout 7.01% yield to worst.

In the late 1980s, KKR made its name as the most feared corporate raider in America, immortalised in the book Barbarians at the Gate. That legendary deal, a hostile, record-breaking takeover of RJR Nabisco, became symbolic of an era when private equity investors ruthlessly stormed company boardrooms, reshaping entire industries.

The board of Spectris PLC (LSE:SXS) has backed an improved £4.1 billion cash offer from KKR, which trumped a £3.8 billion deal agreed last week with another US private equity firm, Advent International.  Under the terms of the acquisition, Spectris shareholders will receive £40 per share, including a £39.72 cash from KKR's bidco and a 28p interim dividend payable by Spectris.

Private equity group KKR will acquire ProTen, one of Australia's largest broiler chicken growers, from pension fund Aware Super, the parties said in a joint statement on Wednesday without disclosing financial details.

SYDNEY--(BUSINESS WIRE)--KKR Acquires ProTen from Aware Super.

We tracked three new preferred stock and ETD offerings this month, with yields from 6.875% to 10%, highlighting KKR, MicroStrategy, and PennyMac. KKR's new subordinated notes stand out with a perfect compliance score, BBB+ rating, and a 6.875% yield, making it a top-quality pick. MicroStrategy's new non-cumulative preferred offers a high yield but lacks mandatory dividends, while insider buying signals confidence.

SINGAPORE--(BUSINESS WIRE)--KKR Launches Financial Advisory Platform Ascend Asia in Singapore.

We have sold many investments in recent months. We have then reinvested the proceeds in new opportunities. Here are 2 of our newest investments.