Curtland Fields Increases Stake in Kearny Financial Corp.
Curtland Fields purchased 4,950 shares of Kearny Financial on June 17.
Key Points
- Curtland Fields bought 4,950 shares of Kearny Financial Corp. at $8.34 each, totaling $41,283 on June 17, 2026.
- Kearny Financial Corp. trades on NasdaqGS with a market cap of $528 million and a P/E ratio of 14.72.
- Piper Sandler assumes a buy rating for Kearny Financial Corp. with a $9.50 price target as of April 27, 2026.
Curtland Fields recently increased his investment in Kearny Financial Corp. (NasdaqGS: KRNY) by purchasing 4,950 shares on June 17, 2026. The shares were bought at an average price of $8.34 each, making the total transaction worth $41,283. This move adds to Fields' growing stake in the company.
Insider Buying and Selling at Kearny Financial Corp.
Curtland Fields has been actively purchasing shares of Kearny Financial Corp. in recent days. On June 18, he bought an additional 3,600 shares at an average price of $8.41. Earlier, on June 12, he acquired 4,950 shares at $8.71, and on June 10, he bought 4,800 shares at $8.61. Another insider, Melvina Wong-Zaza, bought 3,500 shares at $8.58 on June 11. Meanwhile, Patrick Joyce, EVP and CLO, sold 2,500 shares at $8.46 on June 9.
Other Institutional Activity in Kearny Financial Corp.
Several institutional investors have also been adjusting their positions in Kearny Financial Corp. BlackRock, Inc. reduced its stake by 175,898 shares, leaving it with 7,971,587 shares valued at about $60.2 million. Dimensional Fund Advisors LP trimmed its holdings by 3,236 shares to 3,182,787 shares, worth approximately $24 million. On the other hand, T. Rowe Price Investment Management, Inc. increased its position by 8,038 shares, resulting in a total of 2,645,142 shares valued at $19.97 million. Renaissance Technologies LLC cut its stake by 88,300 shares, holding 2,632,416 shares worth $19.87 million. Adage Capital Partners GP, L.L.C. significantly boosted its holdings by 563,010 shares to a total of 2,175,997 shares, valued at $16.43 million.
Kearny Financial Corp. Stock Snapshot
Shares of Kearny Financial Corp. are currently trading at around $8.39. The company has a market capitalization of approximately $528 million and a P/E ratio of 14.72. Its stock has a 52-week low of $5.76 and a high of $8.89, with a 50-day moving average of $8.15 and a 200-day moving average of $7.44. Kearny Financial's beta is 0.642, indicating lower volatility than the market average.
Recent Earnings
Kearny Financial Corp. reported revenues of $170.6 million with a revenue growth of 17.5%. The company's net margin stands at 21%, and its return on equity is 4.75%. Earnings per share were reported at $0.57. The next earnings report is expected on July 23, 2026.
Analysts Set New Price Targets
On April 27, 2026, Piper Sandler assumed coverage on Kearny Financial Corp. with a 'buy' rating and set a price target of $9.50. The consensus among analysts is a target mean price of $9.00, based on two analyst opinions.
About Kearny Financial Corp.
Kearny Financial Corp., headquartered in Fairfield, New Jersey, operates as the holding company for Kearny Bank. The company offers a range of banking products and services, including various deposit accounts and loans. It serves both individual and business clients, providing mortgage loans, commercial loans, and personal loans. Founded in 1884, Kearny Financial Corp. employs over 500 people and is led by CEO Craig L. Montanaro.
Bottom Line
Curtland Fields' recent purchase of Kearny Financial Corp. shares reflects his confidence in the company's prospects. As a leading regional bank, Kearny Financial has shown solid financial performance with strong revenue growth and stable earnings. Investors often track insider transactions like Fields' to gauge potential future performance, although such filings are historical and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
