Kayne Anderson BDC (NYSE:KBDC) Stock Gets Price Target Reduction from Wells Fargo & Company

Posted by Geri Gentry on Nov 12th, 2026

Kayne Anderson BDC (NYSE:KBDC – Free Report) had its target price trimmed by Wells Fargo & Company from $14.00 to $13.00 in a research report sent to investors on Monday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

A number of other research firms have also recently commented on KBDC. UBS Group cut their price objective on Kayne Anderson BDC from $15.00 to $13.50 and set a “neutral” rating for the company in a research report on Tuesday, September 1st. Royal Bank Of Canada dropped their price target on Kayne Anderson BDC from $16.00 to $15.00 and set an “outperform” rating for the company in a research report on Thursday, August 13th. Finally, Zacks Research upgraded shares of Kayne Anderson BDC from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 13th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.75.

Get Our Latest Research Report on KBDC

Kayne Anderson BDC Stock Performance

Shares of KBDC opened at $12.96 on Monday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.25 and a current ratio of 1.12. Kayne Anderson BDC has a one year low of $12.14 and a one year high of $15.87. The stock has a market cap of $853.16 million, a P/E ratio of 15.43 and a beta of 0.32. The stock has a 50-day moving average of $12.85 and a two-hundred day moving average of $13.72.

Kayne Anderson BDC (NYSE:KBDC – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.07. The company had revenue of $58.96 million for the quarter, compared to the consensus estimate of $57.35 million. Kayne Anderson BDC had a net margin of 24.17% and a return on equity of 10.90%. As a group, research analysts predict that Kayne Anderson BDC will post 1.61 EPS for the current year.

Kayne Anderson BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 19th. Investors of record on Thursday, December 31st will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 12.3%. The ex-dividend date is Thursday, December 31st. Kayne Anderson BDC’s payout ratio is currently 190.48%.

Insider Activity

In other news, Director James Robo bought 146,755 shares of the stock in a transaction that occurred on Monday, September 28th. The stock was bought at an average cost of $13.03 per share, for a total transaction of $1,912,217.65. Following the acquisition, the director directly owned 766,716 shares of the company’s stock, valued at $9,990,309.48. The trade was a 23.67% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders acquired 766,716 shares of company stock valued at $10,002,000. 2.90% of the stock is currently owned by insiders.

Institutional Trading of Kayne Anderson BDC

Institutional investors and hedge funds have recently bought and sold shares of the business. Confluence Investment Management LLC boosted its stake in shares of Kayne Anderson BDC by 2.8% in the third quarter. Confluence Investment Management LLC now owns 76,898 shares of the company’s stock valued at $966,000 after purchasing an additional 2,077 shares during the period. TT Capital Management LLC increased its stake in Kayne Anderson BDC by 30.5% during the 3rd quarter. TT Capital Management LLC now owns 26,100 shares of the company’s stock worth $328,000 after buying an additional 6,100 shares during the period. Baird Financial Group Inc. acquired a new stake in Kayne Anderson BDC during the 2nd quarter worth approximately $147,000. Squarepoint Ops LLC lifted its holdings in Kayne Anderson BDC by 126.1% during the 2nd quarter. Squarepoint Ops LLC now owns 22,705 shares of the company’s stock worth $307,000 after buying an additional 12,663 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in Kayne Anderson BDC by 2.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 819,478 shares of the company’s stock worth $10,293,000 after buying an additional 23,154 shares in the last quarter.

About Kayne Anderson BDC

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Kayne Anderson BDC, Inc. is a business development company that provides financing to middle-market businesses, primarily in the United States. Its investment strategy focuses on privately held companies and aims to generate income and long-term capital appreciation through private credit investments. The company primarily makes senior secured loans, including first-lien and unitranche loans, and may also invest in other forms of debt and equity. Its investment adviser is KA Credit Advisors, an affiliate of Kayne Anderson Capital Advisors, which manages the company’s investment activities.