Kearny Financial (NASDAQ:KRNY) Director Leopold Montanaro Buys 4,773 Shares

August 12, 2026 by InsiderTrades.com

Key Points

Director Leopold Montanaro bought 4,773 Kearny Financial shares at an average price of $9.46, investing $45,152.58 and increasing his stake by 1.8% to 270,000 shares.
Kearny Financial reported quarterly EPS of $0.15, missing estimates by $0.02, while revenue of $45.69 million slightly exceeded forecasts. The stock opened at $9.53 and has a 52-week range of $5.87 to $9.81.
The company declared a quarterly dividend of $0.11 per share, equivalent to an annualized $0.44 payout and a 4.6% yield. Analysts maintain a consensus “Hold” rating with a $10.50 price target, while institutional investors own 71.01% of the stock.

Kearny Financial (NASDAQ:KRNY - Get Free Report) Director Leopold Montanaro acquired 4,773 shares of the stock in a transaction dated Monday, August 10th. The shares were bought at an average cost of $9.46 per share, with a total value of $45,152.58. Following the completion of the transaction, the director owned 270,000 shares of the company's stock, valued at approximately $2,554,200. This represents a 1.80% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Kearny Financial Stock Up 0.7%

Shares of NASDAQ:KRNY opened at $9.53 on Wednesday. Kearny Financial has a fifty-two week low of $5.87 and a fifty-two week high of $9.81. The firm's 50 day moving average price is $9.16 and its 200 day moving average price is $8.32. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.39. The stock has a market cap of $616.97 million, a price-to-earnings ratio of 16.72 and a beta of 0.64.

Kearny Financial (NASDAQ:KRNY - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The savings and loans company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.02). Kearny Financial had a return on equity of 4.92% and a net margin of 10.45%.The firm had revenue of $45.69 million for the quarter, compared to analyst estimates of $45.61 million. As a group, equities research analysts predict that Kearny Financial will post 0.8 earnings per share for the current fiscal year.

Kearny Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th will be paid a dividend of $0.11 per share. The ex-dividend date is Wednesday, August 12th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.6%. Kearny Financial's payout ratio is presently 77.19%.

Analyst Ratings Changes

KRNY has been the subject of a number of recent analyst reports. Zacks Research raised Kearny Financial to a "hold" rating in a report on Monday, April 27th. Piper Sandler raised their target price on Kearny Financial from $9.50 to $10.50 and gave the stock an "overweight" rating in a research report on Thursday, June 25th. Finally, Weiss Ratings cut Kearny Financial from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, July 14th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Kearny Financial has a consensus rating of "Hold" and a consensus price target of $10.50.

Check Out Our Latest Analysis on Kearny Financial

Hedge Funds Weigh In On Kearny Financial

Several large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its holdings in shares of Kearny Financial by 8.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 729,773 shares of the savings and loans company's stock valued at $4,568,000 after purchasing an additional 54,606 shares during the last quarter. Caxton Associates LLP purchased a new position in Kearny Financial during the 1st quarter worth approximately $146,000. Empowered Funds LLC grew its stake in Kearny Financial by 8.7% during the 1st quarter. Empowered Funds LLC now owns 181,165 shares of the savings and loans company's stock worth $1,134,000 after buying an additional 14,427 shares during the last quarter. Jane Street Group LLC increased its position in Kearny Financial by 95.0% during the first quarter. Jane Street Group LLC now owns 152,595 shares of the savings and loans company's stock worth $955,000 after buying an additional 74,349 shares during the period. Finally, Rhumbline Advisers lifted its stake in Kearny Financial by 5.1% in the second quarter. Rhumbline Advisers now owns 89,669 shares of the savings and loans company's stock valued at $579,000 after buying an additional 4,340 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company's stock.

Kearny Financial Company Profile

(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.