SVB Wealth LLC cut its stake in The Kroger Co. (NYSE:KR – Free Report) by 17.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,853 shares of the company’s stock after selling 8,985 shares during the period. SVB Wealth LLC’s holdings in Kroger were worth $3,101,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. increased its position in shares of Kroger by 4.5% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 3,537 shares of the company’s stock valued at $221,000 after purchasing an additional 153 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of Kroger by 1.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 10,747 shares of the company’s stock valued at $674,000 after buying an additional 162 shares during the period. Stephens Inc. AR boosted its stake in Kroger by 1.0% during the fourth quarter. Stephens Inc. AR now owns 17,995 shares of the company’s stock valued at $1,124,000 after buying an additional 174 shares in the last quarter. Phillips Wealth Planners LLC grew its holdings in Kroger by 3.6% during the fourth quarter. Phillips Wealth Planners LLC now owns 5,348 shares of the company’s stock worth $342,000 after acquiring an additional 188 shares during the period. Finally, Zions Bancorporation National Association UT grew its holdings in Kroger by 59.6% during the fourth quarter. Zions Bancorporation National Association UT now owns 509 shares of the company’s stock worth $32,000 after acquiring an additional 190 shares during the period. Institutional investors own 80.93% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on KR shares. Wells Fargo & Company set a $58.00 price target on shares of Kroger in a report on Monday. UBS Group set a $63.00 target price on shares of Kroger and gave the stock a “neutral” rating in a report on Monday. Jefferies Financial Group restated a “buy” rating and set a $80.00 target price on shares of Kroger in a report on Wednesday, June 3rd. Weiss Ratings lowered shares of Kroger from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Kroger in a report on Monday, June 1st. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $72.56.
Kroger Stock Performance
Shares of KR opened at $55.78 on Tuesday. The company has a 50-day moving average of $65.22 and a two-hundred day moving average of $66.24. The stock has a market cap of $34.17 billion, a price-to-earnings ratio of 32.81, a PEG ratio of 1.58 and a beta of 0.43. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.79 and a quick ratio of 0.39. The Kroger Co. has a one year low of $55.60 and a one year high of $76.58.
Kroger (NYSE:KR – Get Free Report) last released its quarterly earnings results on Thursday, June 18th. The company reported $1.58 earnings per share (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 firm had revenue of $46.12 billion for the quarter, compared to analyst estimates of $45.59 billion. During the same quarter in the prior year, the firm earned $1.49 EPS. 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 expect that The Kroger Co. will post 5.25 earnings per share for the current year.
Trending Headlines about Kroger
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Kroger is expanding its Vanderpump Blooms x Bloom Haus partnership into home décor and other new products, giving the company another branded merchandising push that could support sales and customer traffic. Vanderpump Blooms x Bloom Haus Floral Collection by Lisa Vanderpump Expands Line
- Positive Sentiment: Some commentary points to Kroger as a possible long-term buying opportunity after the recent earnings-driven pullback, reflecting continued investor interest in the company’s defensive grocery business. The Dip in Kroger Stock Could Be a Gift. Here’s How It Could Set You Up for Life.
- Neutral Sentiment: Kroger’s CEO said shoppers are making smaller, more promotion-driven trips, signaling changing consumer behavior rather than a clear demand collapse. Kroger CEO spots trend of smaller baskets, more promotion-driven shopping trips
- Negative Sentiment: Analysts cut their outlooks on Kroger after quarterly results, with Morgan Stanley saying the company’s self-funded price-investment strategy is prudent but difficult to execute and Wells Fargo warning that near-term growth could remain choppy. Kroger’s Price Investment Strategy is Prudent but Carries Significant Difficulties, Morgan Stanley Says
- Negative Sentiment: Additional broker notes from Wells Fargo and BMO Capital lowered price targets and emphasized weaker margins, reinforcing concern that profitability may stay under pressure even if sales remain solid. These Analysts Slash Their Forecasts On Kroger Following Q1 Earnings
About Kroger
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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