Kayne Anderson BDC (NYSE:KBDC) Director James Robo Buys 146,755 Shares of Stock

October 1, 2026 by InsiderTrades.com

Key Points

Director James Robo purchased 146,755 KBDC shares at an average price of $13.03, investing approximately $1.91 million and increasing his ownership by 23.67% to 766,716 shares.
Kayne Anderson BDC reported quarterly EPS of $0.42, beating estimates by $0.02, while revenue totaled $19.27 million. The stock opened at $12.59 and remains near its 52-week low of $12.56.
The company declared a quarterly dividend of $0.40 per share, equivalent to an annualized $1.60 payout and a 12.7% yield. Analysts maintain a consensus “Hold” rating with a $14.50 target price.

Kayne Anderson BDC, Inc. (NYSE:KBDC - Get Free Report) Director James Robo bought 146,755 shares of the stock in a transaction on Monday, September 28th. The shares were bought at an average cost of $13.03 per share, with a total value of $1,912,217.65. Following the purchase, the director owned 766,716 shares of the company's stock, valued at $9,990,309.48. This trade represents a 23.67% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kayne Anderson BDC Price Performance

Shares of KBDC opened at $12.59 on Thursday. The firm has a 50-day simple moving average of $13.38 and a two-hundred day simple moving average of $13.90. The stock has a market cap of $831.11 million, a PE ratio of 11.55 and a beta of 0.32. Kayne Anderson BDC, Inc. has a 1-year low of $12.56 and a 1-year high of $15.87. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.25 and a quick ratio of 1.25.

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

Kayne Anderson BDC Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Wednesday, September 30th. Kayne Anderson BDC's dividend payout ratio is 146.79%.

Institutional Trading of Kayne Anderson BDC

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE boosted its stake in shares of 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 period. Renaissance Technologies LLC raised its holdings in Kayne Anderson BDC by 101.8% in the first quarter. Renaissance Technologies LLC now owns 145,322 shares of the company's stock valued at $1,994,000 after acquiring an additional 73,322 shares in the last quarter. Closed End Fund Advisors Inc. purchased a new position in Kayne Anderson BDC in the fourth quarter worth approximately $1,048,000. Sei Investments Co. acquired a new position in Kayne Anderson BDC during the 1st quarter worth approximately $730,000. Finally, HB Wealth Management LLC increased its position in shares of Kayne Anderson BDC by 19.1% in the 2nd quarter. HB Wealth Management LLC now owns 280,189 shares of the company's stock valued at $3,791,000 after purchasing an additional 44,848 shares during the last quarter.

Wall Street Analysts Forecast Growth

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

Read 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.