19,938 Shares in The Kroger Co. $KR Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC acquired a new stake in shares of The Kroger Co. (NYSE:KR - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 19,938 shares of the company's stock, valued at approximately $1,107,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of Kroger during the 4th quarter valued at $470,561,000. Bank of New York Mellon Corp acquired a new position in shares of Kroger in the second quarter worth $195,234,000. Worldquant Millennium Advisors LLC raised its holdings in shares of Kroger by 299.6% during the second quarter. Worldquant Millennium Advisors LLC now owns 2,420,495 shares of the company's stock worth $173,622,000 after acquiring an additional 1,814,721 shares in the last quarter. Alyeska Investment Group L.P. boosted its position in Kroger by 48.6% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,445,479 shares of the company's stock valued at $277,754,000 after purchasing an additional 1,453,966 shares during the last quarter. Finally, GQG Partners LLC boosted its position in Kroger by 11.3% during the fourth quarter. GQG Partners LLC now owns 13,398,072 shares of the company's stock valued at $837,113,000 after purchasing an additional 1,360,946 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Key Kroger News

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Kroger is preparing to open a new grocery store in Lenoir City, Tennessee. The expansion could support local sales and underscores the company’s continued investment in its store network. New Kroger grocery store coming to Lenoir City

Analyst Ratings Changes

Several research analysts have weighed in on KR shares. Weiss Ratings lowered Kroger from a "hold (c+)" rating to a "hold (c)" rating in a research report on Thursday, June 18th. HC Wainwright reiterated a "buy" rating on shares of Kroger in a report on Thursday, July 2nd. Guggenheim reiterated a "buy" rating and issued a $71.00 price objective on shares of Kroger in a report on Thursday, July 2nd. Telsey Advisory Group set a $78.00 target price on shares of Kroger and gave the stock an "outperform" rating in a research report on Monday, June 22nd. Finally, Morgan Stanley cut their target price on Kroger from $73.00 to $67.00 and set an "equal weight" rating on the stock in a report on Monday, June 22nd. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, Kroger currently has a consensus rating of "Moderate Buy" and a consensus price target of $72.00.

Kroger Trading Down 1.0%

NYSE:KR opened at $56.15 on Tuesday. The Kroger Co. has a 12 month low of $54.15 and a 12 month high of $76.58. The firm has a market cap of $34.40 billion, a price-to-earnings ratio of 33.03, a P/E/G ratio of 1.52 and a beta of 0.43. The company has a quick ratio of 0.39, a current ratio of 0.79 and a debt-to-equity ratio of 2.43. The company's 50 day moving average is $58.47 and its 200-day moving average is $64.88.

Kroger (NYSE:KR - Get Free Report) last issued its quarterly earnings data on Thursday, June 18th. The company reported $1.58 earnings per share for the quarter, missing analysts' consensus estimates of $1.59 by ($0.01). The firm had revenue of $46.12 billion during 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%.Kroger's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.49 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. Equities analysts anticipate that The Kroger Co. will post 5.21 EPS for the current year.

Kroger Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Saturday, August 15th will be given a $0.39 dividend. This is an increase from Kroger's previous quarterly dividend of $0.35. This represents a $1.56 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, August 14th. Kroger's dividend payout ratio (DPR) is 91.76%.

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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