Royce & Associates LP Boosts Stake in Kyndryl Holdings, Inc. $KD

Royce & Associates LP raised its holdings in shares of Kyndryl Holdings, Inc. (NYSE:KD) by 18.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,730,416 shares of the company’s stock after buying an additional 274,532 shares during the period. Kyndryl comprises approximately 0.5% of Royce & Associates LP’s investment portfolio, making the stock its 28th biggest position. Royce & Associates LP owned 0.76% of Kyndryl worth $51,964,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of KD. Sound Shore Management Inc CT purchased a new stake in shares of Kyndryl in the third quarter valued at approximately $61,113,000. Vanguard Group Inc. increased its stake in shares of Kyndryl by 6.1% during the third quarter. Vanguard Group Inc. now owns 28,186,677 shares of the company’s stock valued at $846,446,000 after buying an additional 1,619,048 shares during the period. Federated Hermes Inc. raised its holdings in shares of Kyndryl by 1,167.1% in the third quarter. Federated Hermes Inc. now owns 691,496 shares of the company’s stock valued at $20,766,000 after acquiring an additional 636,925 shares in the last quarter. Cortland Associates Inc. MO raised its holdings in shares of Kyndryl by 39.2% in the third quarter. Cortland Associates Inc. MO now owns 2,105,082 shares of the company’s stock valued at $63,216,000 after acquiring an additional 592,751 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Kyndryl by 39.5% in the second quarter. Bank of America Corp DE now owns 1,767,574 shares of the company’s stock worth $74,167,000 after acquiring an additional 500,309 shares during the period. 71.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on KD. Susquehanna reduced their price target on shares of Kyndryl from $35.00 to $16.00 and set a “positive” rating for the company in a report on Friday, February 13th. Guggenheim lowered shares of Kyndryl from a “buy” rating to a “neutral” rating in a report on Tuesday, February 10th. JPMorgan Chase & Co. lowered Kyndryl from an “overweight” rating to an “underweight” rating and set a $16.00 target price for the company. in a report on Monday, February 9th. Oppenheimer reaffirmed a “market perform” rating on shares of Kyndryl in a research report on Monday, February 9th. Finally, Scotiabank began coverage on Kyndryl in a research report on Tuesday, January 27th. They issued an “outperform” rating for the company. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $29.00.

Kyndryl Price Performance

Shares of KD opened at $12.31 on Friday. The company has a 50 day moving average of $21.49 and a two-hundred day moving average of $26.17. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.75. Kyndryl Holdings, Inc. has a twelve month low of $10.10 and a twelve month high of $44.20. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 11.72 and a beta of 1.84.

Kyndryl (NYSE:KD) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.08). The business had revenue of $3.86 billion for the quarter, compared to analysts’ expectations of $3.89 billion. Kyndryl had a net margin of 1.65% and a return on equity of 25.91%. The business’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.51 EPS. As a group, analysts predict that Kyndryl Holdings, Inc. will post 0.73 earnings per share for the current fiscal year.

Kyndryl News Summary

Here are the key news stories impacting Kyndryl this week:

• Positive Sentiment: Kyndryl was named a Leader in the IDC MarketScape for Mainframe Modernization (2025–2026), which supports its market positioning in legacy modernization services and could help revenue positioning and client win momentum. Kyndryl Named a Leader in 2025-2026 IDC MarketScape
• Positive Sentiment: Short interest has fallen significantly (about a 25.8% drop vs. late January), reducing near‑term short‑sell pressure and the risk of a short‑squeeze dynamic. (Data item reported 2/25/2026.)
• Neutral Sentiment: Kyndryl’s interim CFO Harsh Chugh will speak at the Morgan Stanley TMT Conference on March 3 — an upcoming investor event where management may provide more color on controls, outlook and remediation plans. Kyndryl to speak at Morgan Stanley TMT Conference
• Negative Sentiment: Kyndryl filed amended quarterly and annual reports disclosing that its disclosure controls and internal control over financial reporting were ineffective for several 2025 periods (March 31, June 30, Sept 30) after the departure of three key executives. That raises risk of restatements, regulatory scrutiny, and weaker investor confidence. Amended reports detail material internal control weaknesses
• Negative Sentiment: Multiple plaintiff law firms have filed or are soliciting clients for securities‑fraud class actions tied to the same disclosures; firms are urging investors to seek lead‑plaintiff status before the April 13, 2026 deadline. The proliferation of filings increases litigation risk and headline frequency. Rosen Law Firm solicits lead plaintiff applicants
• Negative Sentiment: Media/analyst commentary includes cautionary notes (e.g., Jim Cramer said it’s “too early to recommend” KD), which can dampen buying interest until controls and outlook issues are resolved. Jim Cramer commentary

Insiders Place Their Bets

In other Kyndryl news, SVP Vineet Khurana sold 6,641 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $26.69, for a total value of $177,248.29. Following the completion of the transaction, the senior vice president directly owned 59,708 shares of the company’s stock, valued at approximately $1,593,606.52. The trade was a 10.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.90% of the company’s stock.

Kyndryl Company Profile

Kyndryl (NYSE: KD) is a global managed infrastructure services provider formed in November 2021 through the spin-off of IBM’s Managed Infrastructure Services business. The company designs, builds, manages and modernizes critical information technology systems for enterprises worldwide. Kyndryl’s core offerings include cloud migration and management, network and edge computing solutions, digital workplace services and IT resiliency and security capabilities.

With a workforce of approximately 90,000 professionals and operations in more than 60 countries, Kyndryl serves clients across a broad range of industries, including financial services, telecommunications, healthcare, manufacturing and retail.