185,356 Shares in The Kroger Co. $KR Bought by Aware Super Pty Ltd as trustee of Aware Super

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of The Kroger Co. (NYSE:KRFree Report) in the first quarter, Holdings Channel reports. The institutional investor acquired 185,356 shares of the company’s stock, valued at approximately $13,412,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KR. Ares Financial Consulting LLC bought a new position in shares of Kroger during the 4th quarter worth approximately $25,000. Princeton Global Asset Management LLC boosted its stake in Kroger by 268.1% during the 4th quarter. Princeton Global Asset Management LLC now owns 416 shares of the company’s stock valued at $26,000 after purchasing an additional 303 shares during the last quarter. MV Capital Management Inc. bought a new stake in shares of Kroger in the 4th quarter worth $26,000. Whipplewood Advisors LLC purchased a new stake in shares of Kroger during the first quarter valued at approximately $27,000. Finally, Lloyd Advisory Services LLC. bought a new stake in Kroger in the fourth quarter worth about $28,000. 80.93% of the stock is owned by institutional investors and hedge funds.

More Kroger News

Here are the key news stories impacting Kroger this week:

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. HC Wainwright reiterated a “buy” rating on shares of Kroger in a research note on Thursday, July 2nd. Weiss Ratings cut Kroger from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 18th. Barclays set a $61.00 price target on Kroger and gave the company an “equal weight” rating in a research report on Monday, June 22nd. Citigroup cut their target price on shares of Kroger from $71.00 to $61.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 23rd. Finally, Evercore reaffirmed an “outperform” rating and issued a $78.00 price target on shares of Kroger in a research note on Tuesday, July 7th. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Kroger currently has an average rating of “Moderate Buy” and a consensus target price of $72.00.

View Our Latest Stock Analysis on KR

Kroger Trading Up 0.5%

Shares of KR stock opened at $58.89 on Friday. 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 firm has a fifty day moving average price of $61.70 and a 200-day moving average price of $65.58. The company has a market cap of $36.08 billion, a price-to-earnings ratio of 34.64, a PEG ratio of 1.57 and a beta of 0.44. The Kroger Co. has a 1 year low of $54.15 and a 1 year high of $76.58.

Kroger (NYSE:KRGet Free Report) last posted its quarterly earnings data on Thursday, June 18th. The company reported $1.58 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.01). Kroger had a return on equity of 44.33% and a net margin of 0.71%.The company had revenue of $46.12 billion during the quarter, compared to the consensus estimate of $45.59 billion. During the same period last year, the business earned $1.49 EPS. The firm’s quarterly 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. As a group, equities analysts predict that The Kroger Co. will post 5.21 earnings per share for the current year.

Kroger Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be issued a dividend of $0.39 per share. This is a boost from Kroger’s previous quarterly dividend of $0.35. This represents a $1.56 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, August 14th. Kroger’s payout ratio is 82.35%.

Kroger 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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