Kimbell Royalty Partners (NYSE:KRP – Get Free Report) had its target price cut by investment analysts at KeyCorp from $20.00 to $18.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has an “overweight” rating on the energy company’s stock. KeyCorp’s price objective would indicate a potential upside of 44.93% from the stock’s current price. KeyCorp also issued estimates for Kimbell Royalty Partners’ Q2 2025 earnings at $0.10 EPS, Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.08 EPS and Q4 2026 earnings at $0.11 EPS.
Several other research firms have also issued reports on KRP. Raymond James reissued a “market perform” rating on shares of Kimbell Royalty Partners in a research report on Monday, March 3rd. Bank of America cut their target price on Kimbell Royalty Partners from $16.00 to $14.00 and set an “underperform” rating on the stock in a research report on Tuesday, March 4th. Mizuho began coverage on shares of Kimbell Royalty Partners in a research report on Monday, March 31st. They set a “neutral” rating and a $16.00 price target for the company. Royal Bank of Canada raised shares of Kimbell Royalty Partners to a “moderate buy” rating in a report on Friday, March 14th. Finally, Truist Financial lowered shares of Kimbell Royalty Partners from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $22.00 to $16.00 in a report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $17.40.
Check Out Our Latest Analysis on Kimbell Royalty Partners
Kimbell Royalty Partners Stock Up 2.3 %
Insiders Place Their Bets
In other news, insider Blayne Rhynsburger sold 7,851 shares of the company’s stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $13.86, for a total transaction of $108,814.86. Following the completion of the transaction, the insider now directly owns 49,263 shares of the company’s stock, valued at approximately $682,785.18. This represents a 13.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.60% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. American Century Companies Inc. lifted its stake in Kimbell Royalty Partners by 15.4% in the fourth quarter. American Century Companies Inc. now owns 2,208,353 shares of the energy company’s stock valued at $35,842,000 after buying an additional 294,789 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Kimbell Royalty Partners in the 4th quarter valued at about $30,449,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Kimbell Royalty Partners by 14.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 647,657 shares of the energy company’s stock valued at $10,511,000 after purchasing an additional 82,499 shares during the period. King Luther Capital Management Corp grew its position in Kimbell Royalty Partners by 0.5% in the 4th quarter. King Luther Capital Management Corp now owns 443,119 shares of the energy company’s stock worth $7,192,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Orvieto Partners L.P. acquired a new stake in shares of Kimbell Royalty Partners in the fourth quarter valued at approximately $6,103,000. Institutional investors and hedge funds own 25.78% of the company’s stock.
About Kimbell Royalty Partners
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