Why These 15 Big-Cap Stocks Are Plunging So Far in 2025

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4. KKR & Co Inc (NYSE:KKR)

Number of Hedge Fund Holders In Q4 2024: 83

KKR & Co Inc (NYSE:KKR) is an investment firm.

The stock is down significantly so far in 2025 as KKR announced an upsized offering of $2.25 billion in mandatory convertible preferred stock at a 6.25% dividend rate. This is dilutive and has signaled funding pressures to shareholders.

Moreover, despite beating earnings expectations with an adjusted EPS of $1.32 and $3.3 billion in revenue, KKR’s adjusted revenue dropped 26.4% year-over-year due to rising insurance-related expenses.

KKR also did not provide specific guidance during its Q4 earnings call.

The consensus price target of $161.43 implies 35% upside.

KKR stock is down 18.24% year-to-date.

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