Wealthfront Advisers LLC Purchases Shares of 148,253 Kimco Realty Corporation $KIM

Posted by George Bondi on Aug 21st, 2026

Wealthfront Advisers LLC acquired a new position in shares of Kimco Realty Corporation (NYSE:KIM – Free Report) in the second quarter, Holdings Channel reports. The institutional investor acquired 148,253 shares of the real estate investment trust’s stock, valued at approximately $3,758,000.

Several other institutional investors have also added to or reduced their stakes in KIM. M&T Bank Corp lifted its holdings in Kimco Realty by 4,368.2% in the fourth quarter. M&T Bank Corp now owns 791,494 shares of the real estate investment trust’s stock valued at $16,044,000 after buying an additional 773,780 shares during the period. Geode Capital Management LLC grew its holdings in Kimco Realty by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 19,141,842 shares of the real estate investment trust’s stock worth $386,617,000 after acquiring an additional 223,936 shares during the period. Legal & General Group Plc increased its holdings in Kimco Realty by 7.5% in the fourth quarter. Legal & General Group Plc now owns 6,323,989 shares of the real estate investment trust’s stock worth $128,187,000 after purchasing an additional 443,046 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of Kimco Realty by 9.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 539,577 shares of the real estate investment trust’s stock valued at $10,937,000 after acquiring an additional 48,672 shares in the last quarter. Finally, Strs Ohio lifted its position in shares of Kimco Realty by 566.3% during the 1st quarter. Strs Ohio now owns 722,282 shares of the real estate investment trust’s stock valued at $16,230,000 after acquiring an additional 613,876 shares during the period. 89.25% of the stock is currently owned by institutional investors.

Kimco Realty Stock Performance

Shares of Kimco Realty stock opened at $24.17 on Friday. Kimco Realty Corporation has a 52 week low of $19.76 and a 52 week high of $26.65. The company has a quick ratio of 5.23, a current ratio of 5.23 and a debt-to-equity ratio of 0.84. The business has a 50 day moving average price of $25.15 and a 200-day moving average price of $23.92. The company has a market cap of $16.21 billion, a PE ratio of 28.44, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95.

Kimco Realty (NYSE:KIM – Get Free Report) last announced its 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 analysts’ expectations of $543.75 million. Kimco Realty had a return on equity of 5.76% and a net margin of 27.76%.Kimco Realty’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. Equities 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. Stockholders of record on Friday, September 4th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Friday, September 4th. This is a positive change from Kimco Realty’s previous quarterly dividend of $0.26. Kimco Realty’s dividend payout ratio (DPR) is currently 122.35%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on KIM shares. Wolfe Research upgraded shares of Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 price target for the company in a report on Monday, June 22nd. Piper Sandler increased their price objective on shares of Kimco Realty from $28.00 to $31.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Scotiabank raised their target price on Kimco Realty from $24.00 to $25.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 19th. Citigroup boosted their target price on Kimco Realty from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $29.00 price target on shares of Kimco Realty in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $26.50.

Read Our Latest Report on KIM

About Kimco Realty

(Free Report)

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.