IFM Investors Pty Ltd Acquires 9,975 Shares of The Kroger Co. $KR

IFM Investors Pty Ltd boosted its holdings in shares of The Kroger Co. (NYSE:KRFree Report) by 9.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,562 shares of the company’s stock after acquiring an additional 9,975 shares during the period. IFM Investors Pty Ltd’s holdings in Kroger were worth $8,652,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wellington Management Group LLP grew its holdings in Kroger by 61.1% in the third quarter. Wellington Management Group LLP now owns 33,367,551 shares of the company’s stock worth $2,249,307,000 after purchasing an additional 12,652,261 shares during the period. Norges Bank purchased a new position in shares of Kroger during the fourth quarter valued at approximately $470,561,000. Worldquant Millennium Advisors LLC boosted its position in shares of Kroger by 299.6% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,420,495 shares of the company’s stock worth $173,622,000 after purchasing an additional 1,814,721 shares in the last quarter. Alyeska Investment Group L.P. boosted its position in shares of Kroger by 48.6% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,445,479 shares of the company’s stock worth $277,754,000 after purchasing an additional 1,453,966 shares in the last quarter. Finally, GQG Partners LLC grew its stake in shares of Kroger by 11.3% in the 4th quarter. GQG Partners LLC now owns 13,398,072 shares of the company’s stock worth $837,113,000 after buying an additional 1,360,946 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Kroger Price Performance

NYSE KR opened at $58.12 on Friday. The Kroger Co. has a one year low of $54.15 and a one year high of $76.58. The stock has a 50-day moving average of $63.52 and a 200 day moving average of $65.91. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.39 and a current ratio of 0.79. The company has a market capitalization of $35.61 billion, a price-to-earnings ratio of 34.19, a PEG ratio of 1.51 and a beta of 0.44.

Kroger (NYSE:KRGet Free Report) last posted its earnings results on Thursday, June 18th. The company reported $1.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.01). The company had revenue of $46.12 billion for the quarter, compared to the consensus estimate of $45.59 billion. Kroger had a net margin of 0.71% and a return on equity of 44.33%. Kroger’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.49 EPS. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. On average, sell-side analysts forecast that The Kroger Co. will post 5.21 EPS for the current year.

Kroger Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors 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 2.7%. This is a positive change from Kroger’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, August 14th. Kroger’s payout ratio is currently 91.76%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on KR. Morgan Stanley reduced their price objective on Kroger from $73.00 to $67.00 and set an “equal weight” rating for the company in a research report on Monday, June 22nd. BMO Capital Markets reissued a “market perform” rating and issued a $70.00 target price on shares of Kroger in a report on Thursday, March 5th. HC Wainwright reissued a “buy” rating on shares of Kroger in a research note on Thursday. Wells Fargo & Company set a $58.00 price target on Kroger in a report on Monday, June 22nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $82.00 price target on shares of Kroger in a research report on Friday, June 19th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $71.94.

View Our Latest Analysis on Kroger

Kroger News Roundup

Here are the key news stories impacting Kroger this week:

  • Positive Sentiment: Kroger’s purchase of Giant Eagle adds about 197 supermarkets, 11 pharmacies, and roughly $9 billion in annual revenue, giving KR immediate scale in five states. Reuters article
  • Positive Sentiment: Analysts and market commentary suggest the deal could be margin-stable and accretive to earnings, which supports the bull case for Kroger’s growth outlook. TipRanks article
  • Positive Sentiment: Guggenheim reaffirmed a buy rating and set a $71 price target, signaling confidence that KR still has upside from current levels. Benzinga article
  • Neutral Sentiment: Kroger also named Emilee De Martino as its next Chief People Officer, a leadership change that is unlikely to be a major stock driver on its own. PR Newswire article
  • Neutral Sentiment: Some commentary notes the acquisition will likely be watched closely for financing, debt, and integration execution, so investor reaction may remain mixed until more details emerge. MarketBeat article
  • Negative Sentiment: The market is also aware that Kroger’s balance sheet is already levered, so taking on Giant Eagle’s liabilities could weigh on sentiment if integration costs or debt concerns increase. Retail Insight Network article

Kroger Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Kroger (NYSE:KR)

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