Kenon (NYSE:KEN) Stock Passes Above 50-Day Moving Average – What’s Next?

Posted by Francis Steltz on May 16th, 2026

Kenon Holdings Ltd. (NYSE:KEN – Get Free Report)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $84.53 and traded as high as $91.50. Kenon shares last traded at $91.0550, with a volume of 15,701 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Kenon in a report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Kenon currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on KEN

Kenon Price Performance

The company has a market capitalization of $4.62 billion, a P/E ratio of 115.05 and a beta of 1.09. The company has a fifty day moving average price of $84.60 and a 200 day moving average price of $72.81. The company has a debt-to-equity ratio of 0.52, a current ratio of 4.94 and a quick ratio of 4.94.

Kenon (NYSE:KEN – Get Free Report) last posted its earnings results on Monday, March 30th. The utilities provider reported $0.50 EPS for the quarter. The company had revenue of $227.93 million during the quarter. Kenon had a return on equity of 3.17% and a net margin of 7.60%.

Kenon Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, April 20th. Investors of record on Monday, April 13th were given a $3.85 dividend. This represents a yield of 476.0%. The ex-dividend date was Monday, April 13th. Kenon’s dividend payout ratio (DPR) is currently 500.00%.

Institutional Trading of Kenon

Large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its position in Kenon by 327.2% in the first quarter. Goldman Sachs Group Inc. now owns 122,589 shares of the utilities provider’s stock worth $3,920,000 after purchasing an additional 93,896 shares during the period. Jane Street Group LLC acquired a new stake in Kenon in the first quarter worth approximately $254,000. Norges Bank acquired a new stake in Kenon in the second quarter worth approximately $566,000. Invesco Ltd. lifted its position in Kenon by 29.0% in the second quarter. Invesco Ltd. now owns 29,587 shares of the utilities provider’s stock worth $1,229,000 after purchasing an additional 6,643 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Kenon by 10.4% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 377,731 shares of the utilities provider’s stock worth $15,580,000 after purchasing an additional 35,533 shares during the period. 13.38% of the stock is currently owned by institutional investors and hedge funds.

Kenon Company Profile

(Get Free Report)

Kenon Holdings Ltd. (NYSE: KEN) is a global investment holding company incorporated in Jersey, Channel Islands, with listings on the New York Stock Exchange and the Tel Aviv Stock Exchange. The company focuses on infrastructure and energy-related businesses, seeking to generate long-term value through stable cash flows and strategic growth. Kenon’s diversified portfolio spans power generation assets, midstream energy infrastructure and related services across multiple regions.

One of Kenon’s principal assets is QPI Ltd., an energy company based in Israel that owns and operates a combined-cycle, gas-fired power plant and an adjacent liquefied natural gas (LNG) import and regasification terminal at the Port of Ashdod.