Meeder Advisory Services Inc. purchased a new position in The Kroger Co. (NYSE:KR – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 22,175 shares of the company’s stock, valued at approximately $1,231,000.
Several other institutional investors also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Kroger during the 2nd quarter valued at $3,016,956,000. Norges Bank acquired a new position in shares of Kroger in the 4th quarter worth $470,561,000. Bank of New York Mellon Corp acquired a new stake in shares of Kroger during the second quarter worth $195,234,000. Deutsche Bank AG acquired a new stake in shares of Kroger during the second quarter worth $119,723,000. Finally, Worldquant Millennium Advisors LLC lifted its holdings in shares of Kroger by 299.6% during the second quarter. Worldquant Millennium Advisors LLC now owns 2,420,495 shares of the company’s stock valued at $173,622,000 after purchasing an additional 1,814,721 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.
Kroger News Roundup
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Kroger is expanding and refreshing its retail footprint, including new Marketplace locations in metro Atlanta and a remodeled Worthington, Ohio, store. The investments could improve customer experience, sales productivity and local market competitiveness. Kroger opens new Marketplace locations in metro Atlanta
- Positive Sentiment: Analyst commentary remains broadly constructive: Kroger’s average brokerage recommendation is equivalent to a Buy, while recent analysis describes the shares as reasonably valued after their decline. The appointment of Nate Faust to lead e-commerce could support better digital execution and efficiency over time. Kroger stock looks reasonable as e-commerce leadership changes start
- Positive Sentiment: The nationwide rollout of Fold Bitcoin Gift Cards gives Kroger a new payments and rewards-related offering, although the near-term financial impact is likely limited. Kroger rolls out Fold Bitcoin Gift Card program nationwide
- Neutral Sentiment: Kroger plans to close 60 U.S. stores in 2026. Management may be using the closures to eliminate underperforming locations and improve profitability, but the scale of the reductions raises concerns about sales, market share and restructuring costs. Kroger closing 60 stores in 2026
- Negative Sentiment: Reports that Kroger’s customer traffic is declining suggest shoppers may be cutting back or shifting business to competitors. Persistent traffic weakness could pressure identical-store sales and margins. Kroger’s traffic woes reflect the market
- Negative Sentiment: A recall involving jalapeño products sold at Kroger and other retailers creates food-safety and reputational risk, though the incident also affects competitors. Products recalled over jalapeño salmonella outbreak
- Negative Sentiment: Kroger agreed to pay $75,000 to settle an EEOC disability-discrimination and retaliation lawsuit. The financial cost is small, but the case adds legal, compliance and reputational pressure. Kroger to pay $75,000 in EEOC lawsuit
Kroger Price Performance
Kroger (NYSE:KR – Get Free Report) last issued its quarterly 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). The business had revenue of $46.12 billion for the quarter, compared to analysts’ expectations of $45.59 billion. Kroger had a net margin of 0.71% and a return on equity of 44.33%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.49 EPS. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. Equities analysts forecast that The Kroger Co. will post 5.21 EPS for the current fiscal year.
Kroger Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, August 14th. This is a boost from Kroger’s previous quarterly dividend of $0.35. Kroger’s dividend payout ratio is 91.76%.
Analyst Ratings Changes
A number of research firms recently weighed in on KR. Weiss Ratings lowered Kroger from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Evercore restated an “outperform” rating and set a $78.00 price objective on shares of Kroger in a report on Tuesday, July 7th. Morgan Stanley reduced their price objective 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. UBS Group set a $63.00 target price on shares of Kroger and gave the stock a “neutral” rating in a report on Monday, June 22nd. Finally, HC Wainwright reissued a “buy” rating on shares of Kroger in a research report on Thursday, July 2nd. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Kroger presently has a consensus rating of “Moderate Buy” and a consensus target price of $72.00.
Read Our Latest Stock Analysis on KR
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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