99,877 Shares in Grocery Outlet Holding Corp. $GO Purchased by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 99,877 Grocery Outlet shares worth approximately $997,000, giving it a 0.10% stake. Institutional investors and hedge funds collectively own 99.87% of the company.
• Grocery Outlet’s latest quarterly results beat expectations, with EPS of $0.20 versus the $0.13 consensus and revenue of $1.19 billion versus $1.17 billion expected. However, year-over-year revenue growth was only 1.1%, and the company reported a negative net margin.
• Analysts remain cautious: the stock carries a consensus “Reduce” rating, with an average price target of $10.59 versus a recent price of $12.17. Insider buying provided a positive signal, with executives purchasing 23,000 shares worth $228,400 during the quarter.

Deutsche Bank AG bought a new stake in shares of Grocery Outlet Holding Corp. (NASDAQ:GO - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 99,877 shares of the company's stock, valued at approximately $997,000. Deutsche Bank AG owned about 0.10% of Grocery Outlet at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GO. Aster Capital Management DIFC Ltd raised its holdings in shares of Grocery Outlet by 1,030.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company's stock valued at $26,000 after buying an additional 2,308 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Grocery Outlet in the 4th quarter valued at approximately $35,000. Chicago Partners Investment Group LLC acquired a new stake in Grocery Outlet in the 1st quarter valued at approximately $71,000. State of Wyoming raised its stake in Grocery Outlet by 96.9% during the 4th quarter. State of Wyoming now owns 7,886 shares of the company's stock valued at $80,000 after acquiring an additional 3,880 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of Grocery Outlet by 165.9% in the 2nd quarter. GAMMA Investing LLC now owns 8,599 shares of the company's stock worth $86,000 after acquiring an additional 5,365 shares during the period. 99.87% of the stock is currently owned by institutional investors and hedge funds.

Grocery Outlet Stock Performance

Grocery Outlet stock opened at $12.17 on Monday. Grocery Outlet Holding Corp. has a 52 week low of $5.66 and a 52 week high of $18.79. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.30 and a current ratio of 1.29. The firm has a market capitalization of $1.21 billion, a PE ratio of -3.14, a PEG ratio of 8.46 and a beta of 0.65. The business's 50-day simple moving average is $10.15 and its 200-day simple moving average is $8.78.

Grocery Outlet (NASDAQ:GO - Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.07. The business had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.17 billion. Grocery Outlet had a positive return on equity of 5.84% and a negative net margin of 8.04%.Grocery Outlet's quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.23 earnings per share. Equities research analysts forecast that Grocery Outlet Holding Corp. will post 0.42 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Morgan Stanley increased their target price on shares of Grocery Outlet from $7.00 to $11.00 and gave the company an "equal weight" rating in a research note on Thursday, August 13th. DA Davidson upped their price target on Grocery Outlet from $9.00 to $12.00 and gave the company a "neutral" rating in a report on Thursday, August 13th. TD Cowen reissued a "hold" rating on shares of Grocery Outlet in a research note on Tuesday, August 18th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $9.00 target price on shares of Grocery Outlet in a report on Thursday, August 13th. Finally, UBS Group boosted their target price on Grocery Outlet from $10.00 to $11.50 and gave the stock a "neutral" rating in a research report on Monday, August 17th. Twelve research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Reduce" and an average price target of $10.59.

Grocery Outlet News Roundup

Here are the key news stories impacting Grocery Outlet this week:

• Positive Sentiment: Higher full-year and long-term EPS forecasts: Zacks Research raised its FY2026 EPS estimate to $0.41 from $0.37 and its FY2028 estimate to $0.56 from $0.50. Estimates for Q1 2027 and Q1 2028 were also increased, suggesting analysts see potential for earnings improvement beyond the immediate outlook. Zacks Research estimate changes
• Positive Sentiment: Recent earnings beat supports sentiment: Grocery Outlet’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with EPS of $0.20 versus expectations of $0.13 and revenue of $1.19 billion versus $1.17 billion. However, revenue growth was modest at 1.1% year over year. Grocery Outlet earnings report
• Neutral Sentiment: Options activity is drawing attention: Recent movements in the options market have prompted investors to watch GO for a potential increase in volatility or a sharp move. Options positioning can signal heightened expectations, but it does not establish the direction of the stock’s next move. Is the Options Market Predicting a Spike in Grocery Outlet Holding Stock?
• Negative Sentiment: Near-term earnings estimates were reduced: Zacks cut its Q3 2026 EPS forecast to $0.11 from $0.16 and its Q3 2027 estimate to $0.16 from $0.18. These reductions indicate continued uncertainty about Grocery Outlet’s near-term profitability.
• Negative Sentiment: Retail-sector caution remains a risk: Recent market commentary notes that retailers are facing consumer price anxiety and pressure on discretionary spending. Grocery Outlet’s negative net margin and low quick ratio add to the importance of sustained operational improvement.

Insider Activity at Grocery Outlet

In other Grocery Outlet news, insider Paul Blaine Miller bought 8,000 shares of the stock in a transaction dated Thursday, August 20th. The stock was bought at an average cost of $10.90 per share, for a total transaction of $87,200.00. Following the completion of the purchase, the insider owned 72,171 shares in the company, valued at $786,663.90. This represents a 12.47% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired a total of 23,000 shares of company stock worth $228,400 in the last quarter. 5.60% of the stock is currently owned by corporate insiders.

About Grocery Outlet

Grocery Outlet Holding Corp. NASDAQ: GO is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company's unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.

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