B of A Securities Upgrades Kilroy Realty to Buy with $44 Target
Kilroy Realty's stock received a boost as B of A Securities raised its rating to 'buy' with a new price target, a 19.53% upside from the current price.
Key Points
- B of A Securities upgraded Kilroy Realty to a 'buy' rating with a price target of $44 on June 16, 2026.
- B of A Securities's $44 price target implies 19.53% upside from Kilroy Realty Corporation's ($KRC) current $36.81 share price.
- Kilroy Realty shares are trading at $38.37, with a market cap of $4.46 billion and a P/E ratio of 20.97.
- Insiders have been active, with recent purchases and sales, while peer funds like BlackRock adjusted their positions.
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B of A Securities has upgraded Kilroy Realty Corporation (NYSE: KRC) to a 'buy' rating, setting a new price target of $44. This change came on June 16, 2026, as analyst Jeffrey Spector expressed confidence in the real estate investment trust's prospects.
Other Institutional Activity in Kilroy Realty
Several institutional investors have adjusted their positions in Kilroy Realty. BlackRock, Inc. added 182,154 shares, bringing its total to about 15 million shares valued at $424.6 million. D1 Capital Partners L.P. increased its holdings by 874,865 shares, now holding approximately 11.3 million shares worth $318.1 million. Meanwhile, Cohen & Steers, Inc. reduced its position by 1.63 million shares, ending with 7.95 million shares valued at $224.1 million.
Kilroy Realty Corporation Stock Up 1.7%
Shares of NYSE:KRC traded around $38.37. Kilroy Realty has a market cap of $4.46 billion and a P/E ratio of 20.97. The stock's 52-week range is between $27.36 and $45.03, with a 50-day moving average of $33.55 and a 200-day moving average of $36.70. The company's beta is 1.164, indicating moderate volatility compared to the market.
Recent Earnings
Kilroy Realty reported revenue of $1.11 billion with a slight decrease in revenue growth. The company's net margin stands at 19.6%, and its return on equity is 4.4%. The next earnings report is expected on July 27, 2026.
Dividend
Kilroy Realty offers an annual dividend rate of $2.16, yielding 5.63%. The dividend payout ratio is 118%, suggesting a commitment to returning value to shareholders.
Insider Buying and Selling at Kilroy Realty Corporation
Insider activity at Kilroy Realty includes President Justin William Smart selling 10,848 shares on June 9, 2026, at an average price of $38.71. In contrast, several insiders, including Edward Brennan and Jolie Hunt, each purchased 4,339 shares on May 19, 2026.
Analysts Set New Price Targets
On June 16, 2026, B of A Securities upgraded Kilroy Realty to a 'buy' with a $44 price target. BMO Capital maintained a 'hold' rating with a $38 target on June 15, 2026. Evercore ISI Group also maintained a 'buy' rating with a $43 target on the same day. The consensus among analysts is a 'hold' rating, with an average target price of $36.64 based on 14 opinions.
About Kilroy Realty Corporation
Kilroy Realty Corporation is a major player in the real estate sector, particularly in the office space segment. Headquartered in Los Angeles, the company operates in key markets like the San Francisco Bay Area and Seattle. Under the leadership of CEO Angela M. Aman, Kilroy Realty focuses on sustainable and innovative property development and management. The company is a member of the S&P MidCap 400 Index, with a diverse portfolio including office and life science spaces.
Bottom Line
Kilroy Realty's recent upgrade by B of A Securities reflects a growing confidence in its market position. Investors closely watch these analyst actions as they can influence stock performance. As a reminder, these analyst ratings and targets are based on past data and should not be taken as current investment advice.
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