Kayne Anderson BDC (NYSE:KBDC) Director James Robo Buys 60,000 Shares of Stock

September 17, 2026 by InsiderTrades.com

Key Points

Director James Robo bought 340,000 KBDC shares at an average price of $13.04, investing approximately $4.43 million and increasing his holdings by 566.67% to 400,000 shares.
Kayne Anderson BDC reported quarterly EPS of $0.42, exceeding estimates of $0.40, and declared a quarterly dividend of $0.40 per share, representing a 12.2% annualized yield.
Analyst sentiment remains mixed, with KBDC carrying a consensus “Hold” rating and a $14.50 average price target; shares recently opened at $13.07.

Kayne Anderson BDC, Inc. (NYSE:KBDC - Get Free Report) Director James Robo bought 60,000 shares of Kayne Anderson BDC stock in a transaction that occurred on Monday, September 14th. The shares were acquired at an average price of $13.02 per share, with a total value of $781,200.00. Following the acquisition, the director directly owned 60,000 shares of the company's stock, valued at $781,200. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Kayne Anderson BDC Stock Up 0.4%

Kayne Anderson BDC stock opened at $13.07 on Thursday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.16. Kayne Anderson BDC, Inc. has a 1-year low of $12.88 and a 1-year high of $15.87. The company has a fifty day simple moving average of $13.51 and a 200 day simple moving average of $13.95. The company has a market cap of $862.88 million, a P/E ratio of 11.99 and a beta of 0.32.

Kayne Anderson BDC (NYSE:KBDC - Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02. Kayne Anderson BDC had a net margin of 31.54% and a return on equity of 10.63%. The firm had revenue of $19.27 million for the quarter, compared to analysts' expectations of $51.86 million. Research analysts anticipate that Kayne Anderson BDC, Inc. will post 1.61 earnings per share for the current fiscal year.

Kayne Anderson BDC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Wednesday, September 30th will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 12.2%. Kayne Anderson BDC's payout ratio is currently 146.79%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of KBDC. Bank of America Corp DE grew its stake in Kayne Anderson BDC by 2.7% in the 1st quarter. Bank of America Corp DE now owns 5,565,223 shares of the company's stock valued at $76,355,000 after buying an additional 143,854 shares during the last quarter. Renaissance Technologies LLC lifted its position in Kayne Anderson BDC by 101.8% during the first quarter. Renaissance Technologies LLC now owns 145,322 shares of the company's stock worth $1,994,000 after acquiring an additional 73,322 shares during the last quarter. Closed End Fund Advisors Inc. acquired a new stake in Kayne Anderson BDC during the fourth quarter worth approximately $1,048,000. Sei Investments Co. bought a new stake in shares of Kayne Anderson BDC during the first quarter worth approximately $730,000. Finally, HB Wealth Management LLC boosted its holdings in shares of Kayne Anderson BDC by 19.1% during the second quarter. HB Wealth Management LLC now owns 280,189 shares of the company's stock worth $3,791,000 after acquiring an additional 44,848 shares during the period.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Zacks Research cut Kayne Anderson BDC from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 18th. Wells Fargo & Company reaffirmed an "equal weight" rating and set a $14.00 price target (down from $15.00) on shares of Kayne Anderson BDC in a research report on Friday, June 12th. Royal Bank Of Canada dropped their price objective on Kayne Anderson BDC from $16.00 to $15.00 and set an "outperform" rating on the stock in a research note on Thursday, August 13th. Finally, UBS Group cut their price objective on Kayne Anderson BDC from $15.00 to $13.50 and set a "neutral" rating for the company in a report on Tuesday, September 1st. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $14.50.

Get Our Latest Research Report on KBDC

About Kayne Anderson BDC

(Get Free Report)

Kayne Anderson BDC, Inc (NYSE: KBDC) is a business development company focused on providing financing to privately held middle-market companies. The company seeks to support businesses that may have limited access to traditional bank lending or public capital markets.

Its investment activities primarily include originating and investing in debt securities, such as senior secured loans, as well as other debt and equity investments. Through these investments, Kayne Anderson BDC aims to provide companies with capital for acquisitions, growth initiatives, refinancing, recapitalizations and other corporate purposes.

Kayne Anderson BDC is externally managed by an affiliate of Kayne Anderson, an investment management firm with experience across alternative asset classes.