SteelPeak Wealth LLC Has $4.26 Million Stake in The Kroger Co. $KR

Key Points

• SteelPeak Wealth LLC increased its stake in The Kroger Co. by 30.0%, acquiring an additional 15,736 shares to hold 68,184 shares valued at $4.26 million, while institutional investors own about 80.93% of the company.
• Analysts have a consensus rating of Moderate Buy (nine Buys, eight Holds) with an average price target of $74.56, and Kroger recently beat Q results with $1.28 EPS versus a $1.20 estimate and set FY2026 guidance of $5.10–$5.30 EPS.
• Kroger announced a quarterly dividend of $0.35 (annualized $1.40) for a yield of about 1.9%, though its dividend payout ratio is elevated at 91.5%.

SteelPeak Wealth LLC boosted its position in shares of The Kroger Co. (NYSE:KR - Free Report) by 30.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,184 shares of the company's stock after acquiring an additional 15,736 shares during the quarter. SteelPeak Wealth LLC's holdings in Kroger were worth $4,260,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC raised its holdings in shares of Kroger by 4.8% in the 4th quarter. Perigon Wealth Management LLC now owns 10,338 shares of the company's stock valued at $646,000 after purchasing an additional 469 shares during the period. Aberdeen Group plc grew its holdings in Kroger by 5.5% during the fourth quarter. Aberdeen Group plc now owns 414,587 shares of the company's stock worth $25,903,000 after purchasing an additional 21,662 shares during the period. Dorato Capital Management bought a new position in Kroger during the fourth quarter worth about $128,000. Vista Investment Partners LLC increased its position in Kroger by 0.7% during the fourth quarter. Vista Investment Partners LLC now owns 68,036 shares of the company's stock worth $4,251,000 after buying an additional 454 shares during the last quarter. Finally, Kwmg LLC increased its position in Kroger by 2.0% during the fourth quarter. Kwmg LLC now owns 111,072 shares of the company's stock worth $6,940,000 after buying an additional 2,126 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on KR shares. Evercore set a $77.00 price objective on Kroger and gave the company an "outperform" rating in a research report on Friday, December 5th. Erste Group Bank assumed coverage on Kroger in a report on Thursday. They set a "buy" rating on the stock. BMO Capital Markets restated a "market perform" rating and issued a $70.00 price target on shares of Kroger in a research note on Thursday, March 5th. Guggenheim reaffirmed a "buy" rating and set a $78.00 price target on shares of Kroger in a report on Tuesday, February 10th. Finally, Citigroup lifted their price objective on shares of Kroger from $68.00 to $71.00 and gave the stock a "neutral" rating in a research report on Monday, March 9th. Nine equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $74.56.

Kroger Price Performance

Kroger stock opened at $72.35 on Friday. The Kroger Co. has a 12 month low of $58.60 and a 12 month high of $76.58. The stock's 50 day moving average is $69.66 and its 200-day moving average is $66.53. The company has a current ratio of 0.80, a quick ratio of 0.42 and a debt-to-equity ratio of 2.66. The company has a market capitalization of $44.32 billion, a price-to-earnings ratio of 47.29, a PEG ratio of 1.92 and a beta of 0.55.

Kroger (NYSE:KR - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.08. The business had revenue of $34.73 billion during the quarter, compared to analysts' expectations of $35.10 billion. Kroger had a return on equity of 41.08% and a net margin of 0.69%.The firm's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period last year, the firm posted $1.14 EPS. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. Equities research analysts expect that The Kroger Co. will post 4.44 EPS for the current year.

Kroger Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.9%. Kroger's dividend payout ratio (DPR) is currently 91.50%.

Kroger Company 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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