California State Teachers Retirement System Increases Stake in The Kroger Co. $KR

Posted by Patrick Bannon on Sep 11th, 2026

California State Teachers Retirement System boosted its holdings in shares of The Kroger Co. (NYSE:KR – Free Report) by 6,190.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 43,768,080 shares of the company’s stock after buying an additional 43,072,270 shares during the period. California State Teachers Retirement System owned 0.07% of Kroger worth $2,430,441,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KR. MV Capital Management Inc. purchased a new stake in shares of Kroger during the fourth quarter worth $26,000. Whipplewood Advisors LLC acquired a new stake in shares of Kroger in the first quarter valued at $27,000. Lloyd Advisory Services LLC. purchased a new position in Kroger in the fourth quarter valued at $28,000. Axiom Investment Management LLC acquired a new position in Kroger during the 1st quarter worth $31,000. Finally, JPL Wealth Management LLC acquired a new position in Kroger during the 3rd quarter worth $31,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Kroger Stock Up 0.8%

Shares of NYSE:KR opened at $56.87 on Friday. The firm has a 50 day simple moving average of $57.78 and a 200-day simple moving average of $63.69. The Kroger Co. has a twelve month low of $54.15 and a twelve month high of $76.58. The company has a current ratio of 0.79, a quick ratio of 0.39 and a debt-to-equity ratio of 2.43. The company has a market capitalization of $34.84 billion, a PE ratio of 33.45, a P/E/G ratio of 1.58 and a beta of 0.41.

Kroger (NYSE:KR – Get Free Report) last posted its earnings results on Thursday, June 18th. The company reported $1.58 EPS 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 period last year, the business earned $1.49 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. On average, equities analysts predict that The Kroger Co. will post 5.21 EPS for the current fiscal year.

Kroger Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, August 14th. This is a positive change from Kroger’s previous quarterly dividend of $0.35. This represents a $1.56 annualized dividend and a dividend yield of 2.7%. Kroger’s dividend payout ratio is 91.76%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on KR. Guggenheim reaffirmed a “buy” rating and issued a $71.00 price target on shares of Kroger in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft set a $68.00 price objective on Kroger in a research report on Wednesday. Citigroup restated a “neutral” rating and set a $57.00 target price (down from $61.00) on shares of Kroger in a research note on Tuesday, September 1st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Kroger in a report on Monday, June 1st. Finally, Morgan Stanley decreased their price target on shares of Kroger from $73.00 to $67.00 and set an “equal weight” rating for the company in a research note on Monday, June 22nd. Ten equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $71.31.

Read Our Latest Stock Report on KR

Key Stories Impacting Kroger

Here are the key news stories impacting Kroger this week:

Positive Sentiment: Kroger’s grocery and digital businesses are expected to show continued momentum. Analysts are watching revenue growth, customer traffic, e-commerce performance and management’s outlook against fiscal 2026 earnings guidance of $5.10-$5.30 per share. Kroger Set to Report Q2 Earnings: What Should Investors Expect?
Positive Sentiment: Kroger expanded its customer convenience offering by enabling delivery of GLP-1 prescriptions with grocery orders, which could support pharmacy engagement and digital sales. Kroger can now deliver your GLP-1 prescription with your groceries
Positive Sentiment: New leadership hires and planned expansion, including an approved Kroger Marketplace mixed-use development in Keller, Texas, may strengthen Kroger’s long-term competitive position against Walmart and Amazon. Kroger and Albertsons make key moves to take on Amazon and Walmart

About Kroger

(Free Report)

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.