NewEdge Advisors LLC Has $4.54 Million Stake in The Kroger Co. $KR

NewEdge Advisors LLC cut its holdings in shares of The Kroger Co. (NYSE:KR) by 18.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,692 shares of the company’s stock after selling 14,481 shares during the period. NewEdge Advisors LLC’s holdings in Kroger were worth $4,536,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in KR. Ares Financial Consulting LLC bought a new stake in Kroger during the 4th quarter worth approximately $25,000. MV Capital Management Inc. purchased a new position in shares of Kroger during the fourth quarter valued at approximately $26,000. Whipplewood Advisors LLC bought a new stake in Kroger during the first quarter worth $27,000. Lloyd Advisory Services LLC. bought a new stake in Kroger during the fourth quarter worth $28,000. Finally, Axiom Investment Management LLC purchased a new stake in Kroger in the 1st quarter valued at $31,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on KR shares. Erste Group Bank lowered shares of Kroger from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. HC Wainwright reissued a “buy” rating on shares of Kroger in a research report on Thursday, July 2nd. Wall Street Zen downgraded shares of Kroger from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. The Goldman Sachs Group reiterated a “buy” rating and issued a $82.00 price objective on shares of Kroger in a research note on Friday, June 19th. Finally, Wells Fargo & Company set a $58.00 target price on Kroger in a research note on Monday, June 22nd. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $72.00.

Kroger Price Performance

Shares of NYSE:KR opened at $56.23 on Wednesday. The company has a market capitalization of $34.45 billion, a P/E ratio of 33.08, a price-to-earnings-growth ratio of 1.52 and a beta of 0.43. The company’s 50-day moving average is $58.94 and its 200 day moving average is $65.07. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.39 and a current ratio of 0.79. The Kroger Co. has a fifty-two week low of $54.15 and a fifty-two week high of $76.58.

Kroger (NYSE:KR) last released its earnings results 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). Kroger had a net margin of 0.71% and a return on equity of 44.33%. The company had revenue of $46.12 billion during the quarter, compared to analysts’ expectations of $45.59 billion. During the same quarter in the previous year, the firm earned $1.49 earnings per share. The firm’s revenue was up 2.2% compared to the same quarter last year. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. On average, equities research analysts forecast that The Kroger Co. will post 5.21 earnings per share for the current year.

Kroger Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders 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 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, August 14th. Kroger’s dividend payout ratio (DPR) is 82.35%.

Key Kroger News

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Kroger appointed Nate Faust as executive vice president and chief eCommerce officer, effective September 1, 2026. Faust brings more than 20 years of experience building and scaling e-commerce businesses, and his hiring follows the appointment of former Walmart executive Greg Foran as CEO. The move could support Kroger’s digital growth, delivery capabilities and competitive position. Kroger names Nate Faust Executive Vice President and Chief eCommerce Officer
• Positive Sentiment: Kroger has begun offering prescription delivery options, expanding convenience services and potentially increasing customer engagement and pharmacy revenue. Kroger now offering prescription delivery options
• Neutral Sentiment: A Kroger store in Hamilton, Ohio, was evacuated after a reported threat. Police investigated the incident, but the event appeared localized and no broader financial impact was reported. Police: Kroger in Hamilton evacuated after reported threat
• Negative Sentiment: Taylor Farms recalled jalapeño products sold at Kroger and other retailers because of possible Salmonella contamination. Although the products are supplied by Taylor Farms, the recall creates potential for temporary sales disruption, customer concerns and reputational or liability costs. Taylor Farms recalls jalapeño products sold at Kroger
• Negative Sentiment: Kroger’s previously announced plan to close 60 underperforming stores over 18 months remains a concern for investors, signaling pressure on weaker locations despite potential efficiency benefits from removing unprofitable operations. Kroger store closures

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.