7,303 Shares in The Kroger Co. $KR Bought by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new position in shares of The Kroger Co. (NYSE:KR – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,303 shares of the company’s stock, valued at approximately $456,000.

Other hedge funds have also added to or reduced their stakes in the company. ROI Financial Advisors LLC boosted its stake in Kroger by 2.0% in the 1st quarter. ROI Financial Advisors LLC now owns 8,943 shares of the company’s stock valued at $647,000 after purchasing an additional 175 shares during the period. FAS Wealth Partners Inc. increased its position in Kroger by 2.7% during the 1st quarter. FAS Wealth Partners Inc. now owns 6,768 shares of the company’s stock worth $490,000 after buying an additional 175 shares during the period. Wedmont Private Capital increased its position in Kroger by 1.9% during the 3rd quarter. Wedmont Private Capital now owns 10,088 shares of the company’s stock worth $620,000 after buying an additional 192 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of Kroger by 5.4% during the second quarter. Parkside Financial Bank & Trust now owns 4,070 shares of the company’s stock worth $226,000 after buying an additional 207 shares in the last quarter. Finally, BCGM Wealth Management LLC lifted its holdings in shares of Kroger by 0.7% during the first quarter. BCGM Wealth Management LLC now owns 30,440 shares of the company’s stock worth $2,203,000 after buying an additional 211 shares in the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Kroger

In related news, EVP Mary Adcock sold 72,901 shares of the firm’s stock in a transaction on Friday, September 18th. The stock was sold at an average price of $60.70, for a total value of $4,425,090.70. Following the transaction, the executive vice president owned 175,233 shares in the company, valued at approximately $10,636,643.10. This trade represents a 29.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.41% of the company’s stock.

Trending Headlines about Kroger

These are some of the KR headlines that stood out recently:

Kroger Trading Up 1.3%

Shares of NYSE:KR opened at $69.49 on Thursday. The company has a market capitalization of $41.04 billion, a P/E ratio of 37.77, a P/E/G ratio of 1.93 and a beta of 0.36. The Kroger Co. has a 1 year low of $54.15 and a 1 year high of $76.58. 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 business’s 50 day simple moving average is $62.31 and its 200 day simple moving average is $63.81.

Kroger (NYSE:KR – Get Free Report) last posted its quarterly earnings data on Friday, September 11th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.04. The firm had revenue of $34.62 billion for the quarter, compared to analyst estimates of $34.64 billion. Kroger had a return on equity of 49.90% and a net margin of 0.73%. The company’s revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the company earned $1.04 EPS. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. On average, research analysts anticipate that The Kroger Co. will post 5.20 EPS for the current fiscal year.

Kroger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be given a $0.39 dividend. The ex-dividend date is Monday, November 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.2%. Kroger’s dividend payout ratio (DPR) is presently 84.78%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on KR shares. Roth Capital reissued a “buy” rating and issued a $73.00 target price on shares of Kroger in a research report on Monday, September 14th. Citigroup reaffirmed a “neutral” rating and set a $57.00 price target (down from $61.00) on shares of Kroger in a research report on Tuesday, September 1st. UBS Group set a $66.00 price target on shares of Kroger and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. BNP Paribas Exane upgraded shares of Kroger from a “neutral” rating to an “outperform” rating and set a $72.00 price objective for the company in a research note on Wednesday, October 7th. Finally, Deutsche Bank reissued a “buy” rating and issued a $70.00 price objective on shares of Kroger in a report on Wednesday, October 21st. Twelve 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 currently has an average rating of “Moderate Buy” and a consensus price target of $70.35.

View Our Latest Analysis on Kroger

About Kroger

(Free Report)

The Kroger Co. is a U.S. grocery retailer founded in Cincinnati, Ohio, in 1883 by Bernard Kroger. It operates supermarkets and other grocery formats across the United States under banners including Kroger, Ralphs, Fred Meyer, Harris Teeter, King Soopers, and Smith’s. Alongside groceries and household essentials, Kroger stores offer services such as pharmacies and fuel centers. The company also sells products under its own private-label brands and produces many of those items through its food manufacturing operations.

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Institutional Ownership by Quarter for Kroger (NYSE:KR)

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