KKR Shares Surge 2.36% to Monthly High on Q3 Earnings, Global Atlantic Boost

The share price rose to its highest level so far this month today, with an intraday gain of 2.36%.

KKR’s recent rally reflects strong third-quarter performance, driven by a 3.14% cumulative rise over four days. Earnings outperformed estimates, with adjusted EPS of $1.41, fueled by record fee-related earnings of $1.03 billion and 12% year-over-year growth in operating earnings. The insurance segment, bolstered by the Global Atlantic acquisition, contributed $3.7 billion in revenue and 28% higher operating earnings year-to-date. Meanwhile, the firm raised $43 billion in capital and deployed $26 billion in investments, its most active quarter on record.

KKR’s $723 billion in assets under management, up 16% year-over-year, underscores its scalability, with fee-paying AUM rising to $585 billion. Strategic diversification into retail-focused products and infrastructure funds has expanded its client base, while outperforming investment strategies—such as 4% returns in alternative credit—reinforce its competitive edge. With $125.8 billion in dry powder and a long-term AUM target of $1 trillion by 2030, KKR’s momentum positions it to capitalize on market opportunities despite macroeconomic headwinds.

{}