Kayne Anderson BDC (NYSE:KBDC) Director Buys $1,370,250.00 in Stock

September 26, 2026 by InsiderTrades.com

Key Points

Director James Robo purchased 105,000 KBDC shares for $1.37 million at an average price of $13.05, increasing his ownership by 20.39% to 619,961 shares.
Kayne Anderson BDC declared a quarterly dividend of $0.40 per share, equivalent to a $1.60 annualized payout and a 12.3% yield.
KBDC recently traded near $13.04, while analysts’ consensus rating was Hold with an average price target of $14.50; ratings included two Buys, two Holds, and one Sell.

Kayne Anderson BDC, Inc. (NYSE:KBDC - Get Free Report) Director James Robo purchased 105,000 shares of the firm's stock in a transaction that occurred on Thursday, September 24th. The stock was bought at an average cost of $13.05 per share, with a total value of $1,370,250.00. Following the completion of the purchase, the director owned 619,961 shares of the company's stock, valued at $8,090,491.05. This represents a 20.39% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Kayne Anderson BDC Stock Performance

Kayne Anderson BDC stock opened at $13.04 on Friday. The stock's 50 day simple moving average is $13.42 and its two-hundred day simple moving average is $13.92. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a market cap of $860.83 million, a price-to-earnings ratio of 11.96 and a beta of 0.32. Kayne Anderson BDC, Inc. has a fifty-two week low of $12.88 and a fifty-two week high of $15.87.

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

Kayne Anderson BDC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Wednesday, September 30th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 12.3%. The ex-dividend date of this dividend is Wednesday, September 30th. Kayne Anderson BDC's dividend payout ratio is presently 146.79%.

Hedge Funds Weigh In On Kayne Anderson BDC

A number of hedge funds have recently bought and sold shares of KBDC. Bank of America Corp DE grew its position in Kayne Anderson BDC by 2.7% during 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 purchasing an additional 143,854 shares during the last quarter. Requisite Capital Management LLC raised its holdings in Kayne Anderson BDC by 6.5% in the second quarter. Requisite Capital Management LLC now owns 645,130 shares of the company's stock worth $8,987,000 after buying an additional 39,385 shares during the last quarter. HB Wealth Management LLC raised its holdings in Kayne Anderson BDC by 19.1% in the second quarter. HB Wealth Management LLC now owns 280,189 shares of the company's stock worth $3,791,000 after buying an additional 44,848 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of Kayne Anderson BDC by 101.8% in the first quarter. Renaissance Technologies LLC now owns 145,322 shares of the company's stock worth $1,994,000 after buying an additional 73,322 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its stake in shares of Kayne Anderson BDC by 46.0% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 99,755 shares of the company's stock worth $1,350,000 after buying an additional 31,444 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on KBDC shares. Zacks Research downgraded shares of Kayne Anderson BDC from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 18th. Wells Fargo & Company reissued an "equal weight" rating and issued 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 cut their price target 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 reduced their price objective on Kayne Anderson BDC from $15.00 to $13.50 and set a "neutral" rating for the company in a research report on Tuesday, September 1st. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $14.50.

Check Out Our Latest Analysis on KBDC

Kayne Anderson BDC Company Profile

(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.