The Kroger Co. $KR Shares Sold by SteelPeak Wealth LLC

SteelPeak Wealth LLC trimmed its holdings in shares of The Kroger Co. (NYSE:KR) by 56.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 62,763 shares of the company’s stock after selling 80,195 shares during the quarter. SteelPeak Wealth LLC’s holdings in Kroger were worth $3,679,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in KR. MV Capital Management Inc. acquired a new position in Kroger in the fourth quarter worth approximately $26,000. Whipplewood Advisors LLC acquired a new stake in shares of Kroger during the 1st quarter valued at $27,000. North Point Portfolio Managers Corp OH acquired a new stake in shares of Kroger during the 3rd quarter valued at $30,000. Axiom Investment Management LLC acquired a new stake in shares of Kroger during the 1st quarter valued at $31,000. Finally, Cedar Mountain Advisors LLC bought a new stake in shares of Kroger during the 1st quarter worth $33,000. 80.93% of the stock is currently owned by institutional investors.

Trending Headlines about Kroger

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Quarterly results and outlook supported the stock. Kroger reported adjusted earnings of $1.09 per share on approximately $34.6 billion in sales, ahead of earnings expectations, while reaffirming fiscal 2026 adjusted EPS guidance of $5.10–$5.30. Management also cited improving pharmacy margins, e-commerce profitability, retail-media growth and additional cost savings. Kroger Gains as Investors Focus on Earnings Beat and Stable Profit Outlook
• Positive Sentiment: Corporate restructuring could improve profitability. Kroger plans to eliminate roughly 3,000 corporate positions over three years while expanding its use of artificial intelligence. The company says the savings can help fund lower prices, potentially strengthening its competitive position and margins. An investor day scheduled for October 20 could provide more detail on the strategy. Kroger cites AI efficiency push as it cuts corporate jobs
• Positive Sentiment: Seasonal demand and market share remain favorable. Kroger expects to sell 25 million pounds of Halloween candy, highlighting the potential for seasonal sales momentum. Separately, the grocer continues to lead the Central Ohio grocery market. Kroger is America’s candy destination

Wall Street Analyst Weigh In

KR has been the topic of a number of recent research reports. Melius Research set a $80.00 target price on Kroger and gave the stock a “buy” rating in a report on Tuesday, September 29th. UBS Group reaffirmed a “neutral” rating on shares of Kroger in a research report on Tuesday. Telsey Advisory Group reduced their target price on Kroger from $78.00 to $75.00 and set an “outperform” rating for the company in a report on Monday, September 14th. Wall Street Zen lowered Kroger from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Finally, Wells Fargo & Company set a $58.00 price target on Kroger in a research report on Monday, June 22nd. Twelve analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Kroger presently has an average rating of “Moderate Buy” and a consensus target price of $69.82.

Kroger Stock Up 1.3%

Shares of NYSE:KR opened at $63.53 on Friday. The company has a debt-to-equity ratio of 2.59, a quick ratio of 0.31 and a current ratio of 0.70. The company has a market cap of $37.52 billion, a PE ratio of 34.53, a price-to-earnings-growth ratio of 1.74 and a beta of 0.36. The Kroger Co. has a 52 week low of $54.15 and a 52 week high of $76.58. The firm has a 50 day simple moving average of $58.86 and a 200 day simple moving average of $61.69.

Kroger (NYSE:KR) last posted its quarterly earnings data on Friday, September 11th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.04. Kroger had a net margin of 0.73% and a return on equity of 49.90%. The firm had revenue of $34.62 billion during the quarter, compared to analyst estimates of $34.64 billion. During the same quarter last year, the business posted $1.04 EPS. The company’s revenue was up 2.0% on a year-over-year basis. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. As a group, research analysts expect that The Kroger Co. will post 5.19 earnings per share for the current year.

Kroger Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, November 16th. Kroger’s dividend payout ratio (DPR) is 84.78%.

Insider Activity at Kroger

In other news, EVP Mary Adcock sold 72,901 shares of Kroger stock in a transaction on Friday, September 18th. The stock was sold at an average price of $60.70, for a total transaction of $4,425,090.70. Following the transaction, the executive vice president owned 175,233 shares in the company, valued at approximately $10,636,643.10. The trade was a 29.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.41% of the stock is currently owned by company insiders.

Kroger Profile

The Kroger Co is a U.S.-based food and consumer goods retailer headquartered in Cincinnati, Ohio. Founded in 1883 by Bernard Kroger, the company has grown into one of the largest supermarket operators in the United States.

Kroger operates supermarkets, multi-department stores, marketplace-format stores, pharmacies and fuel centers. Its stores sell groceries, fresh produce, meat, seafood, bakery and deli products, household essentials, health and beauty items, and general merchandise. The company also offers digital shopping, pickup and delivery services, loyalty programs, and a range of private-label products.

The company serves customers across numerous U.S.