Expert Picks: KKR, CrowdStrike, Synchrony Financial, Schlumberger on CNBC's 'Final Trades'

Several stocks were highlighted on CNBC's "Final Trades" segment, including KKR, Schlumberger, Synchrony Financial, and CrowdStrike. KKR's recent earnings beat expectations, with a 10% sell-off creating a good entry point. Schlumberger's oil services revenue is expected to increase, and Synchrony Financial surged to a 52-week high. CrowdStrike posted an "unbelievable" earnings report and has the best CEO in the space, according to analysts.

Harley-Davidson, Inc. (NYSE: HOG) has achieved a significant milestone in its strategic partnership with KKR and PIMCO, marking a substantial step forward in transforming Harley-Davidson Financial Services (HDFS) into a capital-light and derisked business. The company announced the completion of the sale of its residual interests in securitized consumer loan receivables, generating proceeds of more than $230 million [1].

The transaction involved the sale of 95% of the residual interests in certain securitized consumer loan receivables to investment vehicles managed by KKR and PIMCO at a premium to par value. The residual interests represented aggregate retail loan receivables of approximately $2 billion and related debt of approximately $1.8 billion as of June 30, 2025 [1].

Harley-Davidson Chairman, President, and CEO Jochen Zeitz commented on the progress, stating, "Since we announced our strategic partnership with KKR and PIMCO earlier this quarter, we have made excellent progress on our path to completing the transaction, and we are pleased to have achieved this major milestone with our partners so quickly" [1]. The sale eliminates approximately $2 billion in variable interest entities and $1.8 billion of debt from Harley-Davidson's balance sheet, providing the company with capital to support its strategic priorities.

The remaining aspects of the transaction, including the sale of 4.9% common equity interests at an agreed $1.8 billion valuation to each partner and the existing consumer retail loan receivables, are targeted to be completed by the end of October. Upon completion, the investment vehicles managed by KKR and PIMCO will begin acquiring new consumer retail loan receivables originated by HDFS [1].

This strategic partnership is part of Harley-Davidson's broader efforts to transform HDFS into a more efficient and capital-light financing business. The company aims to continue originating and servicing both new and existing retail loans while maintaining its strategic value to Harley-Davidson, its dealers, customers, and investors [1].

References
[1] https://www.morningstar.com/news/pr-newswire/20250825cg58542/harley-davidson-achieves-milestone-in-strategic-partnership-with-kkr-and-pimco-with-completion-of-sale-of-residual-interests-in-securitized-consumer-loan-receivables