Vise Technologies Inc. bought a new stake in shares of The Kroger Co. (NYSE:KR – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 41,409 shares of the company’s stock, valued at approximately $2,299,000.
A number of other large investors also recently made changes to their positions in KR. Allstate Corp raised its holdings in Kroger by 108.5% in the fourth quarter. Allstate Corp now owns 47,991 shares of the company’s stock worth $2,998,000 after purchasing an additional 24,976 shares during the period. Vanguard Group Inc. increased its position in shares of Kroger by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 77,169,425 shares of the company’s stock valued at $4,821,546,000 after buying an additional 868,529 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Kroger during the 2nd quarter worth $76,633,000. Conning Inc. lifted its holdings in Kroger by 10,178.7% during the fourth quarter. Conning Inc. now owns 507,459 shares of the company’s stock worth $31,706,000 after acquiring an additional 502,522 shares in the last quarter. Finally, North Dakota State Investment Board bought a new position in Kroger during the fourth quarter worth about $1,299,000. Institutional investors and hedge funds own 80.93% of the company’s stock.
Key Headlines Impacting Kroger
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Kroger’s dividend profile continues to attract attention from income-focused investors. Analysts reviewing the stock highlight its potential appeal as a dividend investment, which could support demand for the shares. Kroger Could Be a Great Choice
- Positive Sentiment: The company is expanding its Fold Bitcoin Gift Card offering after a successful pilot, adding another digital and cryptocurrency-related feature for customers. The initiative is strategically positive but is unlikely to materially affect near-term financial results. Kroger Expands Fold Bitcoin Gift Card Offering
- Positive Sentiment: Kroger is unveiling a remodeled store in Worthington, Ohio, reflecting continued investment in store quality and the customer experience. Kroger to Unveil Remodeled Store
- Neutral Sentiment: An ice cream brand sold at Kroger and other retailers filed for Chapter 11 bankruptcy. The filing concerns the supplier’s ownership and future rather than Kroger’s finances, so the direct impact on KR appears limited. Ice Cream Brand Files for Chapter 11
- Neutral Sentiment: Kroger’s annual food-bank and peanut-butter donation efforts may support community goodwill but should have little direct effect on valuation. Kroger Holds Peanut Butter Drive
- Neutral Sentiment: Cincinnati officials limited protests near Kroger’s headquarters following complaints from a nearby small-business owner. The development reduces immediate disruption but highlights ongoing local tensions. Cincinnati Limits Kroger HQ Protests
- Negative Sentiment: Kroger plans to close 60 stores during 2026. Although closures could improve the portfolio by removing underperforming locations, the scale of the reductions raises concerns about sales, market presence and restructuring costs. Kroger to Shutter 60 Stores
- Negative Sentiment: Kroger faces a proposed $17 million class-action settlement involving pharmacy customers who used insurance for prescriptions. The settlement would create a financial cost and adds legal and reputational risk, though the amount is modest relative to Kroger’s scale. Kroger Pharmacy Settlement
- Negative Sentiment: Kroger agreed to pay $75,000 to resolve an EEOC disability-discrimination and retaliation lawsuit. The payment is financially immaterial but adds to legal and compliance headlines. Kroger EEOC Lawsuit Settlement
Kroger Stock Performance
Kroger (NYSE:KR – Get Free Report) last posted its quarterly earnings data on Thursday, June 18th. The company reported $1.58 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.01). The firm had revenue of $46.12 billion for the quarter, compared to analyst estimates of $45.59 billion. Kroger had a return on equity of 44.33% and a net margin of 0.71%.The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.49 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. Equities analysts expect that The Kroger Co. will post 5.21 EPS for the current fiscal year.
Kroger Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be given a dividend of $0.39 per share. This is an increase from Kroger’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.56 dividend on an annualized basis and a yield of 2.7%. Kroger’s payout ratio is currently 91.76%.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the company. Wall Street Zen downgraded Kroger from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Citigroup cut their price objective on Kroger from $71.00 to $61.00 and set a “neutral” rating on the stock in a report on Tuesday, June 23rd. Evercore reiterated an “outperform” rating and issued a $78.00 price objective on shares of Kroger in a research report on Tuesday, July 7th. Morgan Stanley lowered their target price on Kroger from $73.00 to $67.00 and set an “equal weight” rating for the company in a research note on Monday, June 22nd. Finally, UBS Group set a $63.00 price target on shares of Kroger and gave the company a “neutral” rating in a research note on Monday, June 22nd. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $72.00.
Read Our Latest Research Report on KR
Kroger Profile
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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