148,268 The Kroger Co. $KR Shares Sold by AIA Group Ltd

Key Points

• AIA Group cut its Kroger stake by 97% in the third quarter, selling 148,268 shares and retaining 4,632 shares worth about $272,000.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $70.35; 12 analysts rate the stock Buy and nine rate it Hold.
• Kroger reported quarterly EPS of $1.09, beating estimates of $1.05, while revenue of $34.62 billion was slightly below expectations. The company declared a quarterly dividend of $0.39 per share.

AIA Group Ltd trimmed its holdings in shares of The Kroger Co. (NYSE:KR - Free Report) by 97.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,632 shares of the company's stock after selling 148,268 shares during the period. AIA Group Ltd's holdings in Kroger were worth $272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Kroger during the 2nd quarter worth approximately $3,016,956,000. Dimensional Fund Advisors LP increased its stake in Kroger by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 12,296,026 shares of the company's stock valued at $889,878,000 after buying an additional 53,625 shares during the period. Bank of America Corp DE increased its stake in Kroger by 17.0% in the 1st quarter. Bank of America Corp DE now owns 6,041,028 shares of the company's stock valued at $437,129,000 after buying an additional 876,168 shares during the period. Legal & General Group Plc purchased a new position in Kroger during the 2nd quarter worth $284,501,000. Finally, Amundi raised its position in Kroger by 18.3% during the 2nd quarter. Amundi now owns 3,942,230 shares of the company's stock worth $218,912,000 after buying an additional 610,039 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company set a $60.00 price target on Kroger and gave the stock an "equal weight" rating in a report on Wednesday, October 21st. Wall Street Zen cut Kroger from a "buy" rating to a "hold" rating in a report on Sunday, November 1st. Roth Capital reiterated a "buy" rating and set a $73.00 target price on shares of Kroger in a research report on Monday, September 14th. Weiss Ratings reissued a "hold (c)" rating on shares of Kroger in a report on Monday, September 14th. Finally, Evercore set a $70.00 price target on Kroger in a research report on Monday, September 14th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $70.35.

Kroger Stock Performance

Shares of NYSE KR opened at $69.47 on Friday. The company has a 50-day simple moving average of $61.43 and a 200-day simple moving average of $63.71. 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 company has a market cap of $41.03 billion, a PE ratio of 37.75, a price-to-earnings-growth ratio of 1.94 and a beta of 0.36. The Kroger Co. has a 12 month low of $54.15 and a 12 month high of $76.58.

Kroger (NYSE:KR - Get Free Report) last announced its earnings results on Friday, September 11th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.05 by $0.04. The firm had revenue of $34.62 billion for the quarter, compared to analyst estimates of $34.64 billion. Kroger had a net margin of 0.73% and a return on equity of 49.90%. Kroger's revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.04 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. On average, equities analysts anticipate that The Kroger Co. will post 5.20 earnings per share 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 paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, November 16th. Kroger's payout ratio is currently 84.78%.

Insider Buying and Selling at Kroger

In other news, EVP Mary Adcock sold 72,901 shares of Kroger stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $60.70, for a total value of $4,425,090.70. Following the transaction, the executive vice president directly owned 175,233 shares of the company's stock, valued at $10,636,643.10. The trade was a 29.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.41% of the stock is owned by corporate insiders.

Trending Headlines about Kroger

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Kroger promoted Thanksgiving meal bundles and ready-to-eat options, along with AI tools for planning meals and building shopping carts. The effort could support holiday grocery sales and reinforce convenience, though no expected financial impact was disclosed. Article: Kroger Makes Thanksgiving Easy This Year with Ultimate Convenience and Seamless Shopping
• Positive Sentiment: Local reports highlighted a new Kroger Marketplace in Owensboro and a $14 million store in Texas. New locations can add capacity and reach, although the reports do not indicate a material companywide growth effect. Article: New Kroger Marketplace Opens Thursday on Fairview Drive Article: Kroger Revs Up Texas Grocery Race with New $14M Store
• Neutral Sentiment: Kroger scheduled its third-quarter 2026 earnings conference call for December 3. This sets the date for investors to hear results and management commentary; the announcement itself contains no financial update. Article: Kroger Announces Third Quarter Conference Call with Investors
• Negative Sentiment: A report says the $8 billion Albertsons-Kroger dispute is far from resolved. Continued legal or financial uncertainty could remain an overhang, although the provided article details do not specify the latest developments or likely outcome. Article: The $8B Albertsons-Kroger Fight Is Far From Over

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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