State Street Corp Has $1.62 Billion Holdings in The Kroger Co. $KR

Key Points

• State Street reduced its Kroger stake by 4% in the second quarter, selling 1.22 million shares. It still held 29.23 million shares valued at approximately $1.62 billion, while institutional investors collectively owned 80.93% of Kroger.
• Kroger reported quarterly EPS of $1.09, topping estimates of $1.05, while revenue rose 2% year over year to $34.62 billion. The company reaffirmed fiscal 2026 EPS guidance of $5.10–$5.30.
• Kroger declared a quarterly dividend of $0.39 per share, equivalent to a 2.7% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $69, above the reported share price of $58.57.

State Street Corp decreased its stake in The Kroger Co. (NYSE:KR - Free Report) by 4.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,233,695 shares of the company's stock after selling 1,217,209 shares during the quarter. State Street Corp owned approximately 4.77% of Kroger worth $1,623,347,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of KR. PFG Investments LLC increased its position in shares of Kroger by 3.3% during the 1st quarter. PFG Investments LLC now owns 4,899 shares of the company's stock worth $354,000 after purchasing an additional 157 shares in the last quarter. ROI Financial Advisors LLC increased its stake in shares of Kroger by 2.0% in the first quarter. ROI Financial Advisors LLC now owns 8,943 shares of the company's stock valued at $647,000 after buying an additional 175 shares in the last quarter. FAS Wealth Partners Inc. increased its stake in shares of Kroger by 2.7% in the first quarter. FAS Wealth Partners Inc. now owns 6,768 shares of the company's stock valued at $490,000 after buying an additional 175 shares in the last quarter. Phillips Wealth Planners LLC raised its holdings in shares of Kroger by 3.6% in the fourth quarter. Phillips Wealth Planners LLC now owns 5,348 shares of the company's stock valued at $342,000 after buying an additional 188 shares during the last quarter. Finally, Root Financial Partners LLC raised its holdings in shares of Kroger by 11.5% in the fourth quarter. Root Financial Partners LLC now owns 1,904 shares of the company's stock valued at $119,000 after buying an additional 197 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Kroger Stock Performance

Shares of Kroger stock opened at $58.57 on Wednesday. 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 $34.59 billion, a price-to-earnings ratio of 31.83, a price-to-earnings-growth ratio of 1.64 and a beta of 0.41. The stock's 50-day moving average is $57.96 and its 200-day moving average is $63.24. 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 announced its earnings results on Friday, September 11th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $34.64 billion. During the same quarter last year, the firm earned $1.04 EPS. Kroger'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. Equities analysts predict that The Kroger Co. will post 5.19 earnings per share for the current fiscal year.

Kroger Dividend Announcement

The firm 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 $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, November 16th. Kroger's payout ratio is currently 84.78%.

Key Kroger News

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Kroger outlined an AI strategy at GroceryShop 2026 that uses customer insights, operational data and proprietary models to improve personalization and efficiency. If these initiatives produce measurable savings or sales growth, they could support margins and long-term competitiveness. Kroger AI strategy article
• Positive Sentiment: The retailer now allows customers to receive groceries and prescriptions in a single delivery order, a convenience upgrade that could improve digital engagement, retention and fulfillment economics. Kroger grocery and prescription delivery article
• Positive Sentiment: Kroger’s Atlanta division is hosting wellness events, while its “Together for Tomorrow” campaign reportedly raised more than $100,000. These initiatives may strengthen community engagement, although their direct financial impact is likely limited. Kroger Atlanta wellness events article

Wall Street Analysts Forecast Growth

KR has been the topic of a number of research analyst reports. Telsey Advisory Group decreased their price objective on shares of Kroger from $78.00 to $75.00 and set an "outperform" rating on the stock in a report on Monday, September 14th. Jefferies Financial Group reiterated a "buy" rating and set a $80.00 target price on shares of Kroger in a research report on Wednesday, June 3rd. Barclays set a $61.00 price target on shares of Kroger and gave the company an "equal weight" rating in a research note on Monday, June 22nd. The Goldman Sachs Group reissued a "buy" rating and issued a $82.00 price target on shares of Kroger in a report on Friday, June 19th. Finally, Morgan Stanley dropped their price objective on shares of Kroger from $73.00 to $67.00 and set an "equal weight" rating for the company in a research report on Monday, June 22nd. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $69.00.

Insider Buying and Selling

In related news, EVP Mary Adcock sold 72,901 shares of the firm's stock in a transaction 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 of the company's stock, valued at approximately $10,636,643.10. This trade represents a 29.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.41% of the company's stock.

Kroger Profile

The Kroger Co NYSE: KR is one of the largest grocery retailers in the United States. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates supermarkets, multi-department stores, pharmacies, convenience stores and fuel centers across the country.

Kroger sells a broad range of fresh foods, packaged groceries, household products, health and beauty items, prepared foods and general merchandise. Its private-label offerings include Simple Truth, Private Selection and Kroger brands.

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