Keppel Corp Share Price SGX: Current Quote & Target Price

Anyone checking Keppel’s stock chart in 2026 is looking at a different company than the one that dominated Singapore’s rig-building headlines a few years ago — the renamed Keppel Ltd just posted a 25% jump in New Keppel net profit to S$530 million in 1H 2026, with funds under management passing S$100 billion ahead of schedule (Keppel Ltd (company results)). Between the S$10.09 quote and the broker target of S$13.80 (POEMS (broker research)), the gap is worth understanding before you decide.

Last SGX quote (BN4): S$10.09 · Previous close: S$10.09 · Day range: S$10.05 – S$10.20 · Market cap: S$18.022B · 52-week high / low: S$13.14 / S$9.62

What is the current share price of Keppel Corp?

The name “Keppel Corp” is now a relic, but the ticker is not. The company renamed itself Keppel Ltd, and the stock code investors have typed for years — BN4 — never changed. That is why the old name still follows the same ticker everywhere quotes appear, and why “Keppel Corp share price SGX” searches land on the same BN4 quote (Keppel Ltd (investor relations)).

What is Keppel’s SGX ticker?

• SGX ticker: BN4 (Keppel Ltd (investor relations))
• US over-the-counter ticker: KPELY (Yahoo Finance (SGX market data))
• Exchange: Singapore Exchange, listed under the name Keppel Ltd (Keppel Ltd (investor relations))

KPELY matters for US-based readers: it is the same Singapore-listed company, quoted over the counter in US trading hours, usually with thinner liquidity than the primary listing.

What were Keppel’s previous close and day range?

• Last observed price: S$10.09 (Yahoo Finance (SGX market data))
• Previous close: S$10.09 (Yahoo Finance (SGX market data))
• Day range: S$10.05 – S$10.20 (Yahoo Finance (SGX market data))
• Market cap: S$18.022 billion (Yahoo Finance (SGX market data))

A day range of S$10.05–S$10.20 is a narrow band — roughly 1.5% from low to high. That is the signature of a stock being held for dividends rather than traded for momentum.

What are Keppel’s 52-week high and low?

52-week high: S$13.14 · 52-week low: S$9.62 · Last: S$10.09

A 36% range in one year is what a re-rating looks like on a chart: the market moved Keppel from offshore-cycle play to asset-management story, with real volatility in between. The current price sits closer to the bottom of that range than the top, which is where a stock usually waits for proof that the new strategy is working.

What happened to Keppel Corp?

Two corporate actions explain most of the confusion around the share price. First, Keppel’s offshore and marine division — the business that built the rigs — was combined into Seatrium. Second, the parent renamed itself Keppel Ltd to signal what it wants to be next: an asset manager with real estate, infrastructure, and connectivity businesses.

Why did Keppel Corporation change its name?

• Keppel Corporation now operates under the name Keppel Ltd after a strategic rebrand (Keppel Ltd (investor relations)).
• The new name signals a strategy centred on asset management, real estate, infrastructure, and connectivity (Keppel Ltd (company results)).

The old name carried the offshore legacy. The new one is a statement of intent: Keppel wants to be judged on funds under management and recurring income, not on rig deliveries.

When did Keppel Offshore & Marine move to Seatrium?

• 2023: Keppel Offshore & Marine combined with Sembcorp Marine to form Seatrium, reshaping Keppel’s business mix (Keppel Ltd (1Q 2026 transcript)).
• 1 April 2026: Keppel sold its entire 5% stake in Seatrium for S$430 million in total cash proceeds, at a weighted-average price of S$2.52 per share, plus S$1 million in dividends (Keppel Ltd (1Q 2026 transcript)).

The Seatrium exit matters to the share price because it converted a lumpy equity stake into cash and removed a source of earnings volatility from Keppel’s group accounts.

What does the rename mean for Keppel shareholders?

• SGX listing and ticker unchanged: BN4 (Keppel Ltd (investor relations)).
• Dividend framework intact: the 1H 2026 interim dividend of S$0.15 per share was held steady (Keppel Ltd (financial statements)).
• The rename itself did not change the share register; holdings carried over unchanged (Keppel Ltd (investor relations)).

The rename was a repackaging, not a re-IPO. Shareholders kept the same shares, the same ticker, and the same dividend stream; what changed is the mix of earnings behind the price.

What does Keppel Ltd do?

Keppel is a Singapore-based operating company built around four engines: asset management, real estate, infrastructure, and connectivity. The strategy shift is visible in every 2026 number the company publishes.

What are Keppel’s main business segments?

• Asset management: S$106 billion in funds under management, ahead of the S$100 billion end-2026 target (Keppel Ltd (company results)).
• Real estate: investment and development properties (Keppel Ltd (investor relations)).
• Infrastructure: power and energy solutions, including Keppel Sakra, which POEMS says is fully contracted (POEMS (broker research)).
• Connectivity: data centres and digital infrastructure (Keppel Ltd (investor relations)).

Recurring income reached S$467 million in 1H 2026, up 13% year on year (Yahoo Finance (earnings transcript)), while the group announced roughly S$1.7 billion of asset monetisation in the same period (Keppel Ltd (company results)). That combination — more fee income, less capital tied up in hardware — is the whole thesis in one line.

Who are the largest shareholders of Keppel Corporation?

• Temasek is a major institutional shareholder in Keppel (Keppel Ltd (investor relations)).
• The rest of the register is split between institutional funds and retail investors who trade BN4 on SGX (Keppel Ltd (investor relations)).

Because Keppel is a public company, no individual “owns” it in the founder sense. The most consequential block belongs to Temasek, whose long investment horizon gives the asset-management push a stable shareholder base.

Who is the owner of Keppel?

Owner: shareholders of BN4 · Major institutional holder: Temasek · Legal form: public company limited by shares

The short answer is the shareholders: index funds, local institutions, Temasek, and retail investors trading the stock on SGX each session. One question that keeps coming up is Shopee. Shopee is not a Keppel business; its parent, Sea Ltd, trades on the New York Stock Exchange under the ticker SE (Yahoo Finance (SGX market data)). The takeaway: the earnings mix is shifting toward recurring fees and contracted infrastructure, which markets usually value with less volatility than offshore project income. That is the engine behind any sustained re-rating of BN4.

Why did Keppel Corp share prices drop?

There is no single clean answer, because BN4’s move over the past year was not one trade — it was a series of repricings. The 52-week picture shows a stock that traded as high as S$13.14 and as low as S$9.62 before settling near S$10 (Yahoo Finance (SGX market data)).

What are the latest news headlines for Keppel Ltd?

• 30 July 2026: Keppel published 1H 2026 results showing New Keppel net profit up 25% to S$530 million (Keppel Ltd (company results)).
• 1H 2026 group net profit: S$155 million, after S$375 million in non-core portfolio losses, mainly rig impairments (Yahoo Finance (earnings transcript)).
• Year-to-date asset monetisation: about S$1.7 billion announced, against a S$2–3 billion full-year target (Keppel Ltd (company results)).

The trading story in 2026 is how the asset-management turnaround coexists with one-off losses from the legacy offshore book. The S$375 million impairment line is the piece that keeps showing up in group profit, and it is the reason the market has stayed cautious.

How has Keppel’s share price moved over 52 weeks?

52-week high: S$13.14 · 52-week low: S$9.62 · Last observed: S$10.09 · Market cap: S$18.022B

A 36% swing in one year is not the profile of a sleepy dividend stock. It is the market re-rating Keppel from offshore-cycle play to asset manager, with mark-to-market bruises from rig impairments along the way.

Which market or company events can push the share price down?

• Earnings shocks: 1H 2026 group profit came in at S$155 million after the S$375 million non-core losses (Yahoo Finance (earnings transcript)).
• Divestment execution: S$560 million of completed and realised non-core monetisation by end-June, against a S$2–3 billion full-year target (Keppel Ltd (company results)).
• Corporate-exit events: the April 2026 Seatrium stake sale for S$430 million closed a long chapter of the offshore story (Keppel Ltd (1Q 2026 transcript)).

The clearest recent pressure point is the S$375 million in non-core losses. Management took the write-downs while simultaneously guiding toward S$2–3 billion of asset sales — a combination that keeps the valuation range wide until the market sees the full-year outcome.

What is the target price of Keppel Corp?

When investors ask for “the target price”, they usually want one clean number. The honest answer is that there is no official consensus printed by the exchange, and the most concrete broker target available right now is POEMS’ Buy call with a S$13.80 target.

Where can I find Keppel’s consensus target price?

• POEMS maintains a Buy recommendation with a S$13.80 target price for Keppel (POEMS (broker research)).
• POEMS describes the S$13.80 figure as a sum-of-the-parts valuation (POEMS (broker research)).
• There is no exchange-published consensus; target prices are analyst estimates, not exchange facts (POEMS (broker research)).

Consensus tables on financial portals aggregate broker targets and are only as current as the latest research notes. The value of the POEMS number is that it is dated, named, and methodical — sum-of-the-parts rather than a mood.

For a fuller comparison of dividend and valuation inputs, see our related guide on Keppel Corp share price, SGX dividend, analyst target price.

What is the difference between target price and current price?

POEMS target: S$13.80 · Last observed: S$10.09 · Implied upside: ~36.8%

A target price is an analyst’s view of fair value over a defined horizon; the current price is what a buyer and seller agreed in the last trade. The gap between S$13.80 and S$10.09 is the market’s discount for execution risk: the S$2–3 billion monetisation pipeline must complete, Keppel Sakra’s capacity expansion must land, and the non-core losses must stop recurring before the sum-of-the-parts value becomes the traded value.

How does a target price help an investor?

Use a target price as a stress test, not a promise. Ask what must go right to reach it, then ask what breaks the thesis. If the answer to the second question is “one bad earnings print”, the target deserves less weight than the balance sheet and the dividend record.

Is Keppel Corp worth buying?

This is the question behind every quote lookup, and the responsible answer is conditional. The facts point to a stock with real income support, real transition risk, and a dividend policy explicitly designed to reward shareholders if asset sales actually close.

What is Keppel’s latest dividend amount?

• 1H 2026 interim dividend: S$0.15 per share, tax-exempt one-tier (Keppel Ltd (financial statements)).
• The interim dividend is unchanged from the 1H 2025 interim dividend (Keppel Ltd (results archive)).
• Book closure: 12 August 2026; payment: 21 August 2026 (Keppel Ltd (investor relations)).
• Special dividends: 10–15% of realised non-core asset monetisation for FY 2026 (Keppel Ltd (company results)).
• POEMS estimates special dividends of at least S$117 million, roughly 6 Singapore cents per share (POEMS (broker research)).

At S$10.09, the S$0.15 interim dividend alone is about a 1.5% cash return for the half-year, with the final dividend still to be declared. The special-dividend policy is the part that separates Keppel from a plain dividend stock: each completed asset sale converts partly into shareholder cash, creating a direct line between the turnaround and your income.

What are the bull and bear points for Keppel?

• Bull: recurring income rose 13% year on year to S$467 million in 1H 2026 (Yahoo Finance (earnings transcript)).
• Bull: funds under management reached S$106 billion, ahead of the S$100 billion end-2026 target (Keppel Ltd (company results)).
• Bull: Keppel Sakra is fully contracted, with capacity expected to rise 45% in 2H 2026 (POEMS (broker research)).
• Bear: group profit was cut by S$375 million in non-core portfolio losses (Yahoo Finance (earnings transcript)).
• Bear: the S$2–3 billion monetisation target is guidance, not yet cash in the bank (Keppel Ltd (company results)).

The full ledger is in the next section; the short version is that Keppel is a transition stock with an income floor and an execution-dependent ceiling. The fuller decision framework, including the buy-case trade-offs, is in our separate analysis: Keppel Corp share price, SGX dividend, analyst target price, and whether it is worth buying.

How should dividend yield affect the decision?

Interim dividend: S$0.15 · Last price: S$10.09 · Interim yield: ~1.5%

Yield math only works if the payout is sustainable. The interim dividend held steady year on year, which is a positive signal, and the special-dividend policy is tied to realised sales rather than hope. The trap is chasing yield after the price has already run: at the 52-week high of S$13.14, the same interim dividend would have yielded about 1.1%, which is why the price you pay matters as much as the payout you collect.

The decision ultimately hinges on whether the asset-management pivot delivers the anticipated margins and special dividends before the next set of non-core losses resets the group profit picture.

Weighing the bull and bear case

Two lists, one honest verdict: the bull case is real but execution-dependent, and the bear case is mostly about timing and write-downs, not survival.

The trade-off: income investors get a bankable interim dividend and a stated special-dividend mechanism, but the size of the upside depends on management hitting a S$2–3 billion sales target in a single year. Growth investors get a well-capitalised pivot story, but they are paying the same price as dividend investors for the right to wait.

Timeline: what moved Keppel’s price signal

Six rows, one direction of travel: from heavy-industry conglomerate to capital-light asset manager.

The pattern: every milestone after 2023 moved Keppel further from offshore hardware and closer to fees, dividends, and recycled capital. The share price followed that trajectory with a lag and a few bruises.

Confirmed facts and what is still unclear

Confirmed facts

• Keppel Ltd trades on SGX under the ticker BN4 (Keppel Ltd (investor relations)).
• Last observed price S$10.09; 52-week range S$9.62–S$13.14 (Yahoo Finance (SGX market data)).
• 1H 2026 New Keppel net profit S$530 million, up 25% year on year (Keppel Ltd (company results)).
• 1H 2026 interim dividend S$0.15, book closure 12 August, payment 21 August (Keppel Ltd (investor relations)).
• Funds under management S$106 billion, ahead of the S$100 billion end-2026 target (Keppel Ltd (company results)).

What’s unclear

• A street-wide consensus target price; the published S$13.80 is one broker’s sum-of-the-parts view, not a consensus (POEMS (broker research)).
• The final dividend for FY 2026, which will be confirmed in the full-year results release (Keppel Ltd (results archive)).
• Whether the S$2–3 billion monetisation target converts into completed sales by year-end (Keppel Ltd (company results)).
• The specific cause of any single short-term dip, which must be matched to a dated announcement or market event (Keppel Ltd (company results)).
• The impact of Keppel Sakra’s capacity expansion on 2H 2026 revenue is based on broker estimates and subject to operational execution (POEMS (broker research)).

Why this matters: the confirmed list is what you can build a decision on; the unclear list is what can still move the price against you if you assume the answer.

What the company and analysts are saying

Recurring income rose 13% year on year to S$467 million in 1H 2026, while funds under management reached S$106 billion — ahead of the S$100 billion end-2026 target.

— Keppel Ltd, 1H 2026 results release (Keppel Ltd (company results))

Keppel Sakra is fully contracted, and the 45% capacity increase expected in the second half supports a stronger operational performance for the rest of 2026.

— POEMS research view (POEMS (broker research))

Shareholders on the register by 12 August 2026 will receive the S$0.15 per share interim dividend on 21 August 2026.

— Keppel Ltd investor relations (Keppel Ltd (investor relations))

The common thread: the operating story is improving, and the market is still deciding whether to believe it. That tension is built into the S$10.09 price.

The takeaway for investors

Keppel’s share price is a direct vote on whether a renamed conglomerate can become a disciplined asset manager. The 1H 2026 numbers give the bull case a real foundation — recurring income up, funds under management ahead of target, a bankable interim dividend — while the S$375 million in non-core losses explains why the market has not simply pushed the stock back to S$13. For income investors in Singapore, the decision is clear: either buy the transition at S$10.09 with the S$0.15 dividend, special-dividend upside, and the S$13.80 target as the bull case, or wait for proof that the non-core losses have stopped before raising exposure.

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Related reading: Keppel Corp share price, SGX dividend, analyst target price · Keppel Corp share price, SGX dividend, analyst target price, and whether it is worth buying