143,752 Shares of The Kroger Co. $KR Acquired by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments acquired 143,752 Kroger shares in the third quarter, valued at approximately $8.4 million. Institutional investors and hedge funds collectively own 80.93% of Kroger’s stock.
• Kroger’s latest quarter delivered EPS of $1.09, topping the $1.05 consensus, while revenue rose 2% year over year to $34.62 billion—slightly below estimates. The company set fiscal 2026 EPS guidance of $5.10–$5.30.
• Kroger declared a quarterly dividend of $0.39 per share, equivalent to $1.56 annually and a 2.3% yield. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $70.35.

Mirae Asset Global Investments Co. Ltd. bought a new stake in The Kroger Co. (NYSE:KR - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 143,752 shares of the company's stock, valued at approximately $8,427,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Whipplewood Advisors LLC acquired a new stake in shares of Kroger during the 1st quarter worth approximately $27,000. North Point Portfolio Managers Corp OH bought a new position in Kroger in the third quarter valued at approximately $30,000. Axiom Investment Management LLC bought a new position in Kroger in the first quarter valued at approximately $31,000. Cedar Mountain Advisors LLC acquired a new position in Kroger during the first quarter valued at approximately $33,000. Finally, GK Wealth Management LLC acquired a new position in Kroger during the third quarter valued at approximately $33,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Kroger Price Performance

Kroger stock opened at $68.99 on Thursday. The stock's 50 day moving average is $61.21 and its 200 day moving average is $63.68. 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 cap of $40.75 billion, a P/E ratio of 37.50, a P/E/G ratio of 1.88 and a beta of 0.36. The Kroger Co. has a one year low of $54.15 and a one year high of $76.58.

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, beating 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 business had revenue of $34.62 billion during the quarter, compared to the consensus estimate of $34.64 billion. During the same quarter in the prior year, the firm posted $1.04 EPS. The company's revenue for the quarter was up 2.0% compared to the same quarter last year. 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 5.20 EPS for the current year.

Kroger Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be given a dividend of $0.39 per share. The ex-dividend date is Monday, November 16th. This represents a $1.56 annualized dividend and a dividend yield of 2.3%. Kroger's dividend payout ratio is 84.78%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on KR shares. Wells Fargo & Company set a $60.00 target price on Kroger and gave the company an "equal weight" rating in a report on Wednesday, October 21st. Citigroup reiterated a "neutral" rating and issued a $57.00 price target (down from $61.00) on shares of Kroger in a research note on Tuesday, September 1st. Telsey Advisory Group lowered their price target on Kroger from $78.00 to $75.00 and set an "outperform" rating for the company in a report on Monday, September 14th. Melius Research set a $80.00 price objective on Kroger and gave the stock a "buy" rating in a research report on Tuesday, September 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $70.00 price objective on shares of Kroger in a research note on Wednesday, October 21st. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $70.35.

Kroger Company Profile

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.

Want to see what other hedge funds are holding KR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Kroger Co. (NYSE:KR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.