Northwestern Mutual Wealth Management Co. purchased a new stake in Kimco Realty Corporation (NYSE:KIM – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 23,111 shares of the real estate investment trust’s stock, valued at approximately $586,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of KIM. Zions Bancorporation National Association UT lifted its stake in Kimco Realty by 270.4% in the 4th quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,049 shares during the last quarter. Root Financial Partners LLC increased its position in Kimco Realty by 60.7% during the first quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 546 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in Kimco Realty in the second quarter valued at approximately $37,000. MUFG Securities EMEA plc bought a new stake in Kimco Realty in the second quarter valued at approximately $42,000. Finally, Clearstead Advisors LLC lifted its position in shares of Kimco Realty by 92.5% in the fourth quarter. Clearstead Advisors LLC now owns 2,426 shares of the real estate investment trust’s stock valued at $49,000 after buying an additional 1,166 shares during the last quarter. Institutional investors own 89.25% of the company’s stock.
Key Kimco Realty News
Here are the key news stories impacting Kimco Realty this week:
- Positive Sentiment: Zacks Research raised multiple EPS estimates: Forecasts increased for Q3 2026 to $0.46 from $0.45, Q4 2026 to $0.46 from $0.45, and full-year 2026 to $1.84 from $1.81. Zacks also lifted Q2 2027 EPS to $0.48, Q2 2028 EPS to $0.49, and FY2028 EPS to $1.94 from $1.93. These revisions suggest slightly improved expectations for the retail-focused real estate investment trust’s earnings growth.
- Positive Sentiment: JPMorgan raised its price target on Kimco Realty to $26 from $25, implying additional upside from recent trading levels. However, the firm maintained a “neutral” rating, limiting the bullish significance of the target increase. Benzinga report
- Neutral Sentiment: Analyst estimates remain broadly aligned with consensus. Zacks’ revised FY2026 EPS forecast of $1.84 matches the current consensus estimate, while its FY2028 forecast of $1.94 represents only a modest increase. The updates therefore provide incremental support but are unlikely to trigger a major repricing by themselves.
- Neutral Sentiment: Recent coverage characterized Kimco’s second-quarter performance as steady and highlighted the new $26 price target, reinforcing a stable operating outlook rather than signaling a major business inflection. Kimco Realty stock gains on fresh $26 price target and steady Q2 performance
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Kimco Realty
Kimco Realty Price Performance
KIM stock opened at $24.03 on Thursday. The company has a quick ratio of 5.23, a current ratio of 5.23 and a debt-to-equity ratio of 0.84. Kimco Realty Corporation has a 12 month low of $19.76 and a 12 month high of $26.65. The firm has a market cap of $16.12 billion, a P/E ratio of 28.27, a P/E/G ratio of 2.57 and a beta of 0.95. The company’s 50-day moving average price is $25.06 and its two-hundred day moving average price is $24.00.
Kimco Realty (NYSE:KIM – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.26. The company had revenue of $550.80 million for the quarter, compared to analyst estimates of $543.75 million. Kimco Realty had a return on equity of 5.76% and a net margin of 27.76%.The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.44 EPS. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. On average, analysts anticipate that Kimco Realty Corporation will post 1.84 earnings per share for the current fiscal year.
Kimco Realty Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Friday, September 4th will be given a $0.28 dividend. This is a boost from Kimco Realty’s previous quarterly dividend of $0.26. This represents a $1.12 annualized dividend and a yield of 4.7%. The ex-dividend date is Friday, September 4th. Kimco Realty’s dividend payout ratio is 122.35%.
About Kimco Realty
Founded in 1958 by Milton Cooper and headquartered in Jericho, New York, Kimco Realty Corporation (NYSE: KIM) is a leading publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of open-air shopping centers. The company’s portfolio, concentrated on neighborhood and community centers anchored by grocery stores, encompasses approximately 400 properties across the United States, with selective holdings in Canada and Mexico.
Kimco’s core business activities include acquiring, repositioning and managing retail real estate assets that serve as daily-need destinations for consumers.
See Also
- Five stocks we like better than Kimco Realty
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for Kimco Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimco Realty and related companies with MarketBeat.com's FREE daily email newsletter.
