Grocery Outlet Holding Corp. $GO Shares Sold by Royal Bank of Canada

Posted by Brian Himes on Aug 29th, 2026

Royal Bank of Canada reduced its holdings in Grocery Outlet Holding Corp. (NASDAQ:GO – Free Report) by 62.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,888 shares of the company’s stock after selling 57,101 shares during the quarter. Royal Bank of Canada’s holdings in Grocery Outlet were worth $239,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in GO. Aster Capital Management DIFC Ltd increased its stake in Grocery Outlet by 1,030.4% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock valued at $26,000 after buying an additional 2,308 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of Grocery Outlet in the 4th quarter worth approximately $35,000. Chicago Partners Investment Group LLC acquired a new stake in shares of Grocery Outlet in the 1st quarter worth approximately $71,000. State of Wyoming boosted its holdings in shares of Grocery Outlet by 96.9% in the fourth quarter. State of Wyoming now owns 7,886 shares of the company’s stock valued at $80,000 after acquiring an additional 3,880 shares in the last quarter. Finally, Olympiad Research LP bought a new position in shares of Grocery Outlet in the fourth quarter valued at approximately $101,000. Institutional investors own 99.87% of the company’s stock.

Key Grocery Outlet News

Here are the key news stories impacting Grocery Outlet this week:

Positive Sentiment: Higher full-year and long-term EPS forecasts: Zacks Research raised its FY2026 EPS estimate to $0.41 from $0.37 and its FY2028 estimate to $0.56 from $0.50. Estimates for Q1 2027 and Q1 2028 were also increased, suggesting analysts see potential for earnings improvement beyond the immediate outlook. Zacks Research estimate changes
Positive Sentiment: Recent earnings beat supports sentiment: Grocery Outlet’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with EPS of $0.20 versus expectations of $0.13 and revenue of $1.19 billion versus $1.17 billion. However, revenue growth was modest at 1.1% year over year. Grocery Outlet earnings report
Neutral Sentiment: Options activity is drawing attention: Recent movements in the options market have prompted investors to watch GO for a potential increase in volatility or a sharp move. Options positioning can signal heightened expectations, but it does not establish the direction of the stock’s next move. Is the Options Market Predicting a Spike in Grocery Outlet Holding Stock?
Negative Sentiment: Near-term earnings estimates were reduced: Zacks cut its Q3 2026 EPS forecast to $0.11 from $0.16 and its Q3 2027 estimate to $0.16 from $0.18. These reductions indicate continued uncertainty about Grocery Outlet’s near-term profitability.
Negative Sentiment: Retail-sector caution remains a risk: Recent market commentary notes that retailers are facing consumer price anxiety and pressure on discretionary spending. Grocery Outlet’s negative net margin and low quick ratio add to the importance of sustained operational improvement.

Grocery Outlet Stock Up 4.0%

GO opened at $12.17 on Friday. The firm has a market cap of $1.21 billion, a P/E ratio of -3.14, a price-to-earnings-growth ratio of 8.13 and a beta of 0.65. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.30 and a current ratio of 1.29. The business has a 50 day moving average price of $10.15 and a 200 day moving average price of $8.79. Grocery Outlet Holding Corp. has a twelve month low of $5.66 and a twelve month high of $18.79.

Grocery Outlet (NASDAQ:GO – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.07. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Grocery Outlet had a positive return on equity of 5.84% and a negative net margin of 8.04%.Grocery Outlet’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.23 earnings per share. Research analysts forecast that Grocery Outlet Holding Corp. will post 0.42 EPS for the current year.

Insider Activity

In other news, insider Paul Blaine Miller acquired 10,000 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was purchased at an average cost of $9.37 per share, with a total value of $93,700.00. Following the acquisition, the insider owned 59,171 shares of the company’s stock, valued at $554,432.27. This trade represents a 20.34% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have purchased 23,000 shares of company stock worth $228,400 in the last quarter. 5.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Morgan Stanley boosted their price target on shares of Grocery Outlet from $7.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Telsey Advisory Group reiterated a “market perform” rating on shares of Grocery Outlet in a report on Thursday, August 13th. TD Cowen reissued a “hold” rating on shares of Grocery Outlet in a research note on Tuesday, August 18th. Wells Fargo & Company raised their target price on shares of Grocery Outlet from $9.00 to $11.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $9.00 price target on shares of Grocery Outlet in a research report on Thursday, August 13th. Twelve equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $10.59.

View Our Latest Report on Grocery Outlet

Grocery Outlet Company Profile

(Free Report)

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.