Insider Buying: Kearny Financial (NASDAQ:KRNY) Director Acquires 3,000 Shares of Stock

June 10, 2026 by InsiderTrades.com

Key Points

Director Curtland Fields bought 3,000 shares of Kearny Financial at an average price of $8.40, spending $25,200 and lifting his direct ownership to 24,900 shares. The purchase increased his stake by 13.7% and was disclosed in an SEC filing.
Kearny Financial is trading near its 12-month high, opening at $8.46 versus a yearly range of $5.76 to $8.53. The company has a market cap of about $547.7 million and a dividend yield of 5.2%.
Recent fundamentals and analyst sentiment are mixed but supportive: the company matched quarterly EPS expectations at $0.15 and posted revenue above estimates, while analysts currently rate the stock a “Moderate Buy” with a consensus price target of $9.50.

Kearny Financial (NASDAQ:KRNY - Get Free Report) Director Curtland Fields purchased 3,000 shares of the firm's stock in a transaction dated Monday, June 8th. The shares were purchased at an average cost of $8.40 per share, for a total transaction of $25,200.00. Following the purchase, the director directly owned 24,900 shares in the company, valued at approximately $209,160. This represents a 13.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Kearny Financial Price Performance

Shares of NASDAQ:KRNY opened at $8.46 on Wednesday. The business's 50 day simple moving average is $8.03 and its 200-day simple moving average is $7.76. The firm has a market capitalization of $547.70 million, a price-to-earnings ratio of 14.84 and a beta of 0.66. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.03 and a quick ratio of 1.03. Kearny Financial has a 12 month low of $5.76 and a 12 month high of $8.53.

Kearny Financial (NASDAQ:KRNY - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The savings and loans company reported $0.15 EPS for the quarter, hitting the consensus estimate of $0.15. The business had revenue of $44.31 million for the quarter, compared to analyst estimates of $43.67 million. Kearny Financial had a return on equity of 4.61% and a net margin of 10.39%. As a group, equities analysts forecast that Kearny Financial will post 0.61 earnings per share for the current fiscal year.

Kearny Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, May 6th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Wednesday, May 6th. This represents a $0.44 annualized dividend and a dividend yield of 5.2%. Kearny Financial's payout ratio is 77.19%.

Institutional Trading of Kearny Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Kearny Financial by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 3,348,893 shares of the savings and loans company's stock worth $22,002,000 after buying an additional 133,683 shares during the last quarter. AQR Capital Management LLC increased its holdings in Kearny Financial by 36.4% in the 4th quarter. AQR Capital Management LLC now owns 2,023,294 shares of the savings and loans company's stock valued at $14,993,000 after purchasing an additional 539,811 shares in the last quarter. Adage Capital Partners GP L.L.C. increased its holdings in Kearny Financial by 488.8% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,612,987 shares of the savings and loans company's stock valued at $11,952,000 after purchasing an additional 1,339,062 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Kearny Financial by 6.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,437,222 shares of the savings and loans company's stock valued at $10,851,000 after purchasing an additional 81,050 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in Kearny Financial by 2.3% in the 2nd quarter. Invesco Ltd. now owns 1,206,855 shares of the savings and loans company's stock valued at $7,796,000 after purchasing an additional 27,460 shares in the last quarter. 71.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently commented on KRNY shares. Zacks Research raised Kearny Financial to a "hold" rating in a research note on Monday, April 27th. Weiss Ratings raised Kearny Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, May 26th. Finally, Piper Sandler started coverage on Kearny Financial in a research note on Monday, April 27th. They set an "overweight" rating and a $9.50 price target on the stock. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $9.50.

Read Our Latest Report on KRNY

About Kearny Financial

(Get Free Report)

Kearny Financial, Inc was the bank holding company for Kearny Bank, a New Jersey–based community bank offering a full suite of commercial and consumer banking services. Through its subsidiary, the company provided deposit products, lending facilities and electronic banking solutions to individuals, small businesses and middle-market corporations.

The company's core products included checking and savings accounts, certificates of deposit, residential and commercial real estate loans, construction financing, equipment financing, home equity lines of credit and consumer installment loans.