Caisse de depot et placement du Quebec Takes Position in Kimco Realty Corporation $KIM

Posted by George Bondi on Aug 27th, 2026

Caisse de depot et placement du Quebec bought a new position in shares of Kimco Realty Corporation (NYSE:KIM – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,534,718 shares of the real estate investment trust’s stock, valued at approximately $140,305,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in Kimco Realty during the 2nd quarter worth about $1,895,765,000. Norges Bank acquired a new position in shares of Kimco Realty in the 4th quarter valued at about $215,615,000. Legal & General Group Plc acquired a new position in shares of Kimco Realty in the 2nd quarter valued at about $156,283,000. Bank of New York Mellon Corp acquired a new position in shares of Kimco Realty in the 2nd quarter valued at about $152,113,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Kimco Realty by 541.6% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,304,639 shares of the real estate investment trust’s stock valued at $137,756,000 after purchasing an additional 5,322,009 shares in the last quarter. Institutional investors and hedge funds own 89.25% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on KIM shares. Jefferies Financial Group raised Kimco Realty to a “hold” rating in a research note on Friday, June 26th. Evercore set a $25.00 price target on Kimco Realty in a research note on Friday, May 1st. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $28.00 price objective on shares of Kimco Realty in a research report on Tuesday, August 11th. Truist Financial increased their target price on shares of Kimco Realty from $23.00 to $25.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Finally, Wells Fargo & Company raised their price target on shares of Kimco Realty from $25.00 to $26.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Kimco Realty presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.56.

Read Our Latest Research Report on Kimco Realty

Key Headlines Impacting Kimco Realty

Here are the key news stories impacting Kimco Realty this week:

Positive Sentiment: Zacks Research raised multiple EPS estimates: Forecasts increased for Q3 2026 to $0.46 from $0.45, Q4 2026 to $0.46 from $0.45, and full-year 2026 to $1.84 from $1.81. Zacks also lifted Q2 2027 EPS to $0.48, Q2 2028 EPS to $0.49, and FY2028 EPS to $1.94 from $1.93. These revisions suggest slightly improved expectations for the retail-focused real estate investment trust’s earnings growth.
Positive Sentiment: JPMorgan raised its price target on Kimco Realty to $26 from $25, implying additional upside from recent trading levels. However, the firm maintained a “neutral” rating, limiting the bullish significance of the target increase. Benzinga report
Neutral Sentiment: Analyst estimates remain broadly aligned with consensus. Zacks’ revised FY2026 EPS forecast of $1.84 matches the current consensus estimate, while its FY2028 forecast of $1.94 represents only a modest increase. The updates therefore provide incremental support but are unlikely to trigger a major repricing by themselves.
Neutral Sentiment: Recent coverage characterized Kimco’s second-quarter performance as steady and highlighted the new $26 price target, reinforcing a stable operating outlook rather than signaling a major business inflection. Kimco Realty stock gains on fresh $26 price target and steady Q2 performance

Kimco Realty Stock Performance

Shares of KIM opened at $24.03 on Thursday. The firm has a market capitalization of $16.12 billion, a P/E ratio of 28.27, a P/E/G ratio of 2.57 and a beta of 0.95. Kimco Realty Corporation has a 52 week low of $19.76 and a 52 week high of $26.65. The stock has a 50 day moving average price of $25.06 and a two-hundred day moving average price of $24.00. The company has a debt-to-equity ratio of 0.84, a quick ratio of 5.23 and a current ratio of 5.23.

Kimco Realty (NYSE:KIM – Get Free Report) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.26. The company had revenue of $550.80 million for the quarter, compared to analyst estimates of $543.75 million. Kimco Realty had a return on equity of 5.76% and a net margin of 27.76%.The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the company earned $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. Equities analysts forecast 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 4.7%. 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%.

Kimco Realty Profile

(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.