Tredje AP fonden decreased its holdings in shares of The Kroger Co. (NYSE:KR – Free Report) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 952,779 shares of the company’s stock after selling 12,337 shares during the period. Tredje AP fonden’s holdings in Kroger were worth $59,530,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Ares Financial Consulting LLC bought a new position in shares of Kroger during the fourth quarter worth about $25,000. Princeton Global Asset Management LLC grew its position in Kroger by 268.1% in the 4th quarter. Princeton Global Asset Management LLC now owns 416 shares of the company’s stock valued at $26,000 after buying an additional 303 shares in the last quarter. Avalon Trust Co acquired a new stake in Kroger in the 3rd quarter valued at about $29,000. JPL Wealth Management LLC acquired a new stake in Kroger in the 3rd quarter valued at about $31,000. Finally, Westside Investment Management Inc. lifted its holdings in Kroger by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 490 shares of the company’s stock valued at $33,000 after acquiring an additional 245 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.
Analyst Upgrades and Downgrades
KR has been the subject of a number of analyst reports. Telsey Advisory Group upped their price objective on shares of Kroger from $80.00 to $82.00 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Wall Street Zen raised shares of Kroger from a “hold” rating to a “buy” rating in a research report on Saturday, April 4th. Citigroup increased their price objective on Kroger from $68.00 to $71.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. Jefferies Financial Group restated a “buy” rating and issued a $82.00 price objective on shares of Kroger in a report on Thursday, March 5th. Finally, Roth Mkm reiterated a “buy” rating and set a $78.00 price target (up from $75.00) on shares of Kroger in a report on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $74.56.
More Kroger News
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Kroger is promoting Memorial Day grilling deals and a 4X Fuel Points event, which could drive traffic, boost basket sizes, and support near-term sales at its stores. Article Title
- Positive Sentiment: The Kroger Queen City Championship continued to keep the Kroger name in the spotlight after Lottie Woad won the LPGA event, giving the company additional brand visibility. Article Title
- Neutral Sentiment: Media coverage and local features about Kroger stores, cookout ideas, and a celebrity appearance are mostly promotional and unlikely to materially move the stock on their own. Article Title
- Neutral Sentiment: Some commentary is highlighting Kroger’s lower valuation versus peers, which may support investor sentiment but does not change fundamentals by itself. Article Title
- Negative Sentiment: Another senior executive departure adds to leadership turnover concerns and could make investors question management stability. Article Title
- Negative Sentiment: Kroger’s $100 million refrigeration settlement tied to alleged EPA violations raises costs, increases regulatory scrutiny, and may weigh on long-term cash flow. Article Title
Kroger Stock Up 3.4%
KR opened at $68.24 on Tuesday. The stock has a market capitalization of $41.80 billion, a price-to-earnings ratio of 44.60, a P/E/G ratio of 1.76 and a beta of 0.46. The Kroger Co. has a 1-year low of $58.60 and a 1-year high of $76.58. The business has a 50 day moving average of $69.93 and a 200-day moving average of $66.64. The company has a current ratio of 0.80, a quick ratio of 0.42 and a debt-to-equity ratio of 2.66.
Kroger (NYSE:KR – Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.20 by $0.08. The firm had revenue of $34.73 billion during the quarter, compared to analysts’ expectations of $35.10 billion. Kroger had a return on equity of 41.08% and a net margin of 0.69%.Kroger’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the business earned $1.14 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. As a group, sell-side analysts anticipate that The Kroger Co. will post 5.24 earnings per share for the current year.
Kroger Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.1%. Kroger’s dividend payout ratio (DPR) is presently 91.50%.
About Kroger
The Kroger Co (NYSE: KR) is one of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates a portfolio of supermarket and multi-department store banners and provides customers with fresh foods, packaged groceries, deli and bakery items, meat and seafood, produce, and prepared foods. Kroger’s stores commonly include pharmacy services and fuel centers, positioning the company as a broad-based neighborhood retail destination for everyday needs.
In addition to traditional in-store retailing, Kroger manufactures and distributes a variety of private-label brands and operates its own food production and supply-chain facilities.
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