Tucker Asset Management LLC acquired a new position in shares of The Kroger Co. (NYSE:KR – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm acquired 11,833 shares of the company’s stock, valued at approximately $694,000.
A number of other institutional investors also recently modified their holdings of the company. Signature Equity Partners LLC raised its stake in shares of Kroger by 26.5% in the third quarter. Signature Equity Partners LLC now owns 11,281 shares of the company’s stock valued at $661,000 after acquiring an additional 2,363 shares during the last quarter. Summit Wealth Group LLC Co. bought a new stake in Kroger during the 3rd quarter worth approximately $277,000. Salomon & Ludwin LLC grew its position in Kroger by 979.6% during the 3rd quarter. Salomon & Ludwin LLC now owns 583 shares of the company’s stock worth $34,000 after acquiring an additional 529 shares during the last quarter. Ridgepath Capital Management LLC bought a new stake in Kroger during the 3rd quarter worth approximately $209,000. Finally, Virtue Capital Management LLC acquired a new stake in Kroger during the 3rd quarter valued at $212,000. Institutional investors own 80.93% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have issued reports on KR shares. BNP Paribas Exane upgraded Kroger from a “neutral” rating to an “outperform” rating and set a $72.00 price objective for the company in a research report on Wednesday, October 7th. Roth Capital reissued a “buy” rating and issued a $73.00 price objective on shares of Kroger in a research note on Monday, September 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $70.00 target price on shares of Kroger in a report on Wednesday, October 21st. UBS Group set a $66.00 target price on Kroger and gave the stock a “neutral” rating in a report on Wednesday, October 21st. Finally, Wall Street Zen lowered Kroger from a “buy” rating to a “hold” rating in a research note on Sunday. 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, the company currently has an average rating of “Moderate Buy” and an average price target of $70.35.
Get Our Latest Stock Analysis on Kroger
Kroger Stock Up 2.5%
Shares of KR opened at $68.45 on Tuesday. The business’s fifty day moving average price is $60.85 and its two-hundred day moving average price is $63.62. The firm has a market capitalization of $40.42 billion, a price-to-earnings ratio of 37.20, a PEG ratio of 1.83 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 company has a debt-to-equity ratio of 2.59, a quick ratio of 0.31 and a current ratio of 0.70.
Kroger (NYSE:KR – Get Free Report) last released its earnings results on Friday, September 11th. The company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.04. The company had revenue of $34.62 billion during the quarter, compared to the consensus estimate of $34.64 billion. Kroger had a return on equity of 49.90% and a net margin of 0.73%. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.04 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. On average, analysts predict that The Kroger Co. will post 5.20 earnings per share for the current year.
Kroger Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Monday, November 16th. Kroger’s dividend payout ratio (DPR) is presently 84.78%.
Insider Buying and Selling
In other Kroger news, EVP Mary Adcock sold 72,901 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 175,233 shares of the company’s stock, valued at approximately $10,636,643.10. The trade was a 29.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.41% of the stock is currently owned by insiders.
Key Stories Impacting Kroger
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Unusually high call-option buying indicates increased bullish positioning among some traders, though options activity is speculative and does not guarantee further gains. Kroger Stock Sees Unusually High Call Option Buying
- Positive Sentiment: Kroger is proposing a new store in Butler Township, supporting the company’s broader growth strategy and potential future sales. New Kroger store proposed in Butler Township
- Positive Sentiment: A “Connected” store is using robots, RFID and artificial intelligence to improve inventory management and operating efficiency, potentially helping Kroger control costs and improve the shopping experience. Kroger’s Connected Store Puts Robots, RFID and AI at the Center of Operations
- Positive Sentiment: Kroger’s plan to open 110 new stores, with redesigned layouts aimed at budget-conscious shoppers, could support long-term growth and customer retention. Kroger plans 110 new stores
- Neutral Sentiment: The Kroger-Albertsons trial ended with a request for additional information, leaving the deal’s outcome and any potential synergies uncertain. The extended process may keep merger-related volatility elevated. Kroger, Albertsons trial ends with request for more information
- Negative Sentiment: Reports that more Kroger and Albertsons locations will close in 2026 highlight competitive pressure from Walmart, Amazon and other retailers, and could weigh on sales growth and restructuring costs. More Kroger and Albertsons locations will close in 2026
- Negative Sentiment: Wall Street Zen downgraded Kroger, adding a negative analyst signal despite the stock’s recent strength. Kroger Stock Gets Downgrade from Wall Street Zen
About Kroger
The Kroger Co is a U.S. food and grocery retailer headquartered in Cincinnati, Ohio. Founded by Bernard Kroger in 1883, the company operates supermarkets under banners that include Kroger, Ralphs, Fred Meyer, King Soopers, Fry’s, Harris Teeter and Smith’s, among others.
Kroger’s business includes the sale of fresh food, groceries, general merchandise, household products and health and beauty items. Many of its stores also provide pharmacy services and fuel centers. The company offers digital shopping, pickup and delivery services, loyalty programs and a range of private-label products, including Simple Truth, Private Selection and Kroger-branded products.
Kroger primarily serves customers across the United States, with stores concentrated in the Midwest, South, West and parts of the Mid-Atlantic region.
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