Money Concepts Capital Corp Buys 8,698 Shares of The Kroger Co. $KR

Money Concepts Capital Corp increased its stake in shares of The Kroger Co. (NYSE:KR) by 12.8% in the third quarter, HoldingsChannel.com reports. The firm owned 76,768 shares of the company’s stock after buying an additional 8,698 shares during the period. Money Concepts Capital Corp’s holdings in Kroger were worth $4,500,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in KR. SGL Investment Advisors Inc. acquired a new stake in shares of Kroger during the second quarter worth about $2,764,000. Amundi grew its holdings in shares of Kroger by 18.3% in the second quarter. Amundi now owns 3,942,230 shares of the company’s stock valued at $218,912,000 after purchasing an additional 610,039 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Kroger in the second quarter valued at approximately $76,633,000. Milestone Asset Management LLC acquired a new position in shares of Kroger in the third quarter valued at approximately $10,924,000. Finally, Quantitative Investment Management LLC purchased a new stake in Kroger during the 2nd quarter worth approximately $1,527,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Mary Adcock sold 72,901 shares of Kroger stock in a transaction that occurred on Friday, September 18th. The shares were sold at an average price of $60.70, for a total value of $4,425,090.70. Following the completion of the transaction, the executive vice president owned 175,233 shares in the company, valued at $10,636,643.10. The trade was a 29.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.41% of the stock is currently owned by company insiders.

Key Kroger News

These are some of the KR news items that stood out recently:

• Positive Sentiment: Kroger Atlanta opened a $39 million Marketplace in Locust Grove, while another report notes a fourth new store in central Ohio since 2024. These investments support expansion, though their individual effect on companywide results is likely limited. Kroger Atlanta Opens $39M Marketplace In Locust Grove Kroger opens fourth new store in central Ohio since 2024
• Neutral Sentiment: Recent commentary describes Kroger’s grocery-market position and dividend-growth potential, but these are investor analyses rather than new company announcements. They may inform long-term views without establishing a fresh near-term catalyst. Albertsons deal or no deal: Why Kroger’s grocery moat is winning If You Invest $1,200 a year in Kroger Stock, Here’s the Dividend Income It Could Generate Over 20 Years
• Neutral Sentiment: A report says Kroger will close all stores for 24 hours next month. The planned one-day closure may affect shopping schedules, but the headline does not indicate a lasting financial impact. Grocery giant Kroger gives go-ahead to shut down all 1,233 stores for 24 hours next month

Wall Street Analyst Weigh In

KR has been the topic of a number of research reports. Evercore set a $70.00 target price on shares of Kroger in a report on Monday, September 14th. Roth Capital reissued a “buy” rating and issued a $73.00 price target on shares of Kroger in a research report on Monday, September 14th. Melius Research set a $80.00 price target on shares of Kroger and gave the stock a “buy” rating in a research note on Tuesday, September 29th. Guggenheim restated a “buy” rating and issued a $68.00 price target (up from $66.00) on shares of Kroger in a research note on Wednesday, October 21st. Finally, Wall Street Zen raised Kroger from a “hold” rating to a “buy” rating in a research report on Monday. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.35.

Kroger Price Performance

KR stock opened at $69.81 on Friday. The company has a debt-to-equity ratio of 2.59, a current ratio of 0.70 and a quick ratio of 0.31. The firm has a market capitalization of $41.23 billion, a P/E ratio of 37.94, a P/E/G ratio of 1.96 and a beta of 0.36. The business’s 50-day moving average is $62.54 and its two-hundred day moving average is $63.84. The Kroger Co. has a 1 year low of $54.15 and a 1 year high of $76.58.

Kroger (NYSE:KR) last announced its quarterly earnings data on Friday, September 11th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.04. Kroger had a return on equity of 49.90% and a net margin of 0.73%. The business had revenue of $34.62 billion during the quarter, compared to analysts’ expectations of $34.64 billion. During the same quarter last year, the business posted $1.04 EPS. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. Analysts anticipate that The Kroger Co. will post 5.20 earnings per share for the current fiscal year.

Kroger Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.56 annualized dividend and a yield of 2.2%. Kroger’s dividend payout ratio (DPR) is 84.78%.

Kroger Profile

The Kroger Co. is a U.S. grocery retailer founded in Cincinnati, Ohio, in 1883 by Bernard Kroger. It operates supermarkets and other grocery formats across the United States under banners including Kroger, Ralphs, Fred Meyer, Harris Teeter, King Soopers, and Smith’s. Alongside groceries and household essentials, Kroger stores offer services such as pharmacies and fuel centers. The company also sells products under its own private-label brands and produces many of those items through its food manufacturing operations.