Kimbell Royalty Partners, LP (NYSE:KRP) Receives Average Rating of “Hold” from Analysts

Posted by Editorial Team on Apr 5th, 2025

Kimbell Royalty Partners, LP (NYSE:KRP – Get Free Report) has received an average rating of “Hold” from the five analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $17.80.

A number of analysts have recently weighed in on KRP shares. Truist Financial lowered Kimbell Royalty Partners from a “buy” rating to a “hold” rating and lowered their target price for the company from $22.00 to $16.00 in a research note on Tuesday, March 4th. Raymond James restated a “market perform” rating on shares of Kimbell Royalty Partners in a research report on Monday, March 3rd. Bank of America decreased their price target on shares of Kimbell Royalty Partners from $16.00 to $14.00 and set an “underperform” rating on the stock in a research note on Tuesday, March 4th. Royal Bank of Canada upgraded shares of Kimbell Royalty Partners to a “moderate buy” rating in a research report on Friday, March 14th. Finally, Mizuho began coverage on Kimbell Royalty Partners in a research report on Monday, March 31st. They issued a “neutral” rating and a $16.00 price objective on the stock.

View Our Latest Stock Report on KRP

Kimbell Royalty Partners Trading Down 8.8 %

KRP stock opened at $12.40 on Monday. The business has a fifty day moving average price of $14.74 and a 200 day moving average price of $15.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 5.20 and a quick ratio of 5.20. Kimbell Royalty Partners has a fifty-two week low of $12.25 and a fifty-two week high of $17.07. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 24.32, a P/E/G ratio of 4.25 and a beta of 0.65.

Kimbell Royalty Partners Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 18th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 12.90%. The ex-dividend date of this dividend was Tuesday, March 18th. Kimbell Royalty Partners’s dividend payout ratio (DPR) is -1,454.55%.

Insider Buying and Selling at Kimbell Royalty Partners

In other Kimbell Royalty Partners news, insider Blayne Rhynsburger sold 7,851 shares of the stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $13.86, for a total value of $108,814.86. Following the transaction, the insider now 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 filing with the SEC, which can be accessed through the SEC website. Insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in Kimbell Royalty Partners during the 4th quarter worth approximately $30,449,000. Orvieto Partners L.P. bought a new stake in shares of Kimbell Royalty Partners during the fourth quarter worth $6,103,000. American Century Companies Inc. increased its position in shares of Kimbell Royalty Partners by 15.4% during the fourth quarter. American Century Companies Inc. now owns 2,208,353 shares of the energy company’s stock worth $35,842,000 after acquiring an additional 294,789 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Kimbell Royalty Partners during the fourth quarter worth $3,151,000. Finally, Barclays PLC lifted its position in Kimbell Royalty Partners by 1,279.4% in the 4th quarter. Barclays PLC now owns 187,671 shares of the energy company’s stock valued at $3,046,000 after acquiring an additional 174,066 shares in the last quarter. 25.78% of the stock is owned by institutional investors and hedge funds.