Arbejdsmarkedets Tillaegspension Purchases New Shares in The Kroger Co. $KR

Arbejdsmarkedets Tillaegspension purchased a new stake in The Kroger Co. (NYSE:KR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 369,777 shares of the company’s stock, valued at approximately $23,104,000.

A number of other hedge funds and other institutional investors have also modified their holdings of KR. Conning Inc. boosted its position in Kroger by 10,178.7% during the 4th quarter. Conning Inc. now owns 507,459 shares of the company’s stock worth $31,706,000 after acquiring an additional 502,522 shares during the period. Cornerstone Wealth Management LLC boosted its position in Kroger by 13.5% during the 4th quarter. Cornerstone Wealth Management LLC now owns 5,023 shares of the company’s stock worth $314,000 after acquiring an additional 599 shares during the period. Flavin Financial Services Inc. boosted its position in Kroger by 6.1% during the 4th quarter. Flavin Financial Services Inc. now owns 8,319 shares of the company’s stock worth $520,000 after acquiring an additional 481 shares during the period. Allworth Financial LP boosted its position in Kroger by 1.4% during the 4th quarter. Allworth Financial LP now owns 37,886 shares of the company’s stock worth $2,367,000 after acquiring an additional 527 shares during the period. Finally, Proactive Wealth Strategies LLC boosted its position in Kroger by 2.9% during the 4th quarter. Proactive Wealth Strategies LLC now owns 7,820 shares of the company’s stock worth $489,000 after acquiring an additional 219 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Kroger Stock Down 1.1%

Shares of KR stock opened at $66.08 on Friday. The stock’s 50 day simple moving average is $69.99 and its 200 day simple moving average is $66.65. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.42 and a current ratio of 0.80. The Kroger Co. has a twelve month low of $58.60 and a twelve month high of $76.58. The company has a market capitalization of $40.48 billion, a price-to-earnings ratio of 43.19, a PEG ratio of 1.78 and a beta of 0.46.

Kroger (NYSE:KR) last issued its quarterly earnings data on Thursday, March 5th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.08. Kroger had a return on equity of 41.08% and a net margin of 0.69%.The business had revenue of $34.73 billion for the quarter, compared to the consensus estimate of $35.10 billion. During the same period last year, the business earned $1.14 EPS. The firm’s revenue was up 1.2% compared to the same quarter last year. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. As a group, research analysts predict that The Kroger Co. will post 5.24 EPS for the current year.

Kroger Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 15th. Kroger’s payout ratio is currently 91.50%.

Key Kroger News

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Harris Teeter, a Kroger banner, launched a week-long customer appreciation sale with daily deals and 4x fuel points, which could support traffic and sales at the grocery chain. Harris Teeter Offers VIC Card Members Daily Deals, 4x Fuel Points During Week-Long Customer Appreciation Sale May 13-19
• Positive Sentiment: Several articles highlighted the Kroger Queen City Championship and local golfers, keeping the company’s brand visible in a community event that can reinforce customer engagement. Xavier University golfers bring hometown buzz to Kroger Queen City Championship
• Positive Sentiment: The company’s recent share-price softness may be attracting value-focused investors who see potential upside after a multi-month pullback. Is Kroger (KR) Offering Opportunity After Recent Share Price Softness?

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on KR shares. BMO Capital Markets reaffirmed a “market perform” rating and set a $70.00 price target on shares of Kroger in a research note on Thursday, March 5th. Wall Street Zen raised Kroger from a “hold” rating to a “buy” rating in a research note on Saturday, April 4th. Wolfe Research reaffirmed an “outperform” rating and set a $75.00 price target on shares of Kroger in a research note on Thursday, March 5th. Citigroup raised their price target on Kroger from $68.00 to $71.00 and gave the stock a “neutral” rating in a research note on Monday, March 9th. Finally, Guggenheim reaffirmed a “buy” rating and set a $78.00 price target on shares of Kroger in a research note on Tuesday, February 10th. Eight research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Kroger presently has a consensus rating of “Hold” and an average target price of $74.56.

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.