Curtland Fields Increases Stake in Kearny Financial Corp.
Curtland Fields purchased 3,600 shares of Kearny Financial at $8.41 each.
Key Points
- Curtland Fields bought 3,600 shares of Kearny Financial Corp. on June 18, 2026, at an average price of $8.41 per share.
- Kearny Financial Corp. has a market cap of about $528 million and a P/E ratio of 14.72.
- Piper Sandler assumed coverage with a buy rating and a $9.50 price target on April 27, 2026.
Curtland Fields, an insider, bought 3,600 shares of Kearny Financial Corp. (NasdaqGS: KRNY) on June 18, 2026. The shares were acquired at an average price of $8.41, totaling $30,267. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Kearny Financial Corp.
Curtland Fields has been actively purchasing shares of Kearny Financial Corp. throughout June. On June 17, he bought 4,950 shares at $8.34 each, and on June 12, he acquired another 4,950 shares at $8.71. Earlier, on June 10, Fields purchased 4,800 shares at $8.61. Another insider, Melvina Wong-Zaza, also 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 adjusted their positions in Kearny Financial Corp. BlackRock, Inc. reduced its holdings by 175,898 shares, leaving it with 7,971,587 shares valued at approximately $60.2 million. Dimensional Fund Advisors LP slightly trimmed its stake by 3,236 shares, ending with 3,182,787 shares worth around $24 million. T. Rowe Price Investment Management, Inc. increased its holdings by 8,038 shares, now holding 2,645,142 shares valued at about $19.9 million. Renaissance Technologies LLC decreased its position by 88,300 shares, finishing with 2,632,416 shares worth roughly $19.9 million. Vanguard Capital Management LLC established a new position, acquiring 2,441,072 shares valued at approximately $18.4 million.
Kearny Financial Corp. Stock Snapshot
Shares of Kearny Financial Corp. (NasdaqGS: KRNY) were trading around $8.39. The company has a market cap of about $528 million and a P/E ratio of 14.72. The stock's 52-week range is between $5.76 and $8.89. It has a 50-day moving average of $8.15 and a 200-day moving average of $7.44, with a beta of 0.642, indicating lower volatility compared to the market.
Recent Earnings
Kearny Financial Corp. reported revenue of $170.6 million, showing a growth of 17.5%. The company's net margin stands at 21%, with a return on equity (ROE) of 4.75%. Earnings per share (EPS) are $0.57. The next earnings release is scheduled for July 23, 2026.
Analysts Set New Price Targets
On April 27, 2026, Piper Sandler assumed coverage of Kearny Financial Corp. with a buy rating and a price target of $9.50. The consensus among analysts is a strong buy, with an average target price of $9.00 based on two analyst opinions.
About Kearny Financial Corp.
Kearny Financial Corp. is the holding company for Kearny Bank, which provides various banking services in the U.S. It offers deposit products like checking and savings accounts, and loans such as residential mortgages and commercial loans. Founded in 1884, the company is headquartered in Fairfield, New Jersey, and led by CEO Craig L. Montanaro. Kearny employs around 504 people.
Bottom Line
Curtland Fields' recent purchase of Kearny Financial shares reflects ongoing insider interest in the company. Investors often track such insider transactions for potential insights. It's important to note that 13F filings and insider disclosures are backward-looking 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.
