Zevin Asset Management LLC Has $12.19 Million Holdings in The Kroger Co. $KR

Zevin Asset Management LLC decreased its position in shares of The Kroger Co. (NYSE:KR) by 11.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 180,771 shares of the company’s stock after selling 22,645 shares during the quarter. Kroger comprises 1.8% of Zevin Asset Management LLC’s holdings, making the stock its 22nd largest holding. Zevin Asset Management LLC’s holdings in Kroger were worth $12,186,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Norges Bank acquired a new position in Kroger during the second quarter worth $518,267,000. Allianz Asset Management GmbH boosted its stake in Kroger by 66.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 5,255,084 shares of the company’s stock valued at $354,245,000 after purchasing an additional 2,100,444 shares during the last quarter. Nordea Investment Management AB increased its holdings in Kroger by 6.0% during the 3rd quarter. Nordea Investment Management AB now owns 4,680,219 shares of the company’s stock worth $311,843,000 after purchasing an additional 265,127 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Kroger by 1.0% in the third quarter. Bank of New York Mellon Corp now owns 4,309,093 shares of the company’s stock worth $290,476,000 after purchasing an additional 41,904 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of Kroger by 7.9% during the second quarter. Franklin Resources Inc. now owns 4,126,866 shares of the company’s stock valued at $296,028,000 after buying an additional 300,784 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on KR. BMO Capital Markets reissued a “market perform” rating on shares of Kroger in a research report on Monday, February 9th. Jefferies Financial Group reiterated a “buy” rating on shares of Kroger in a report on Monday, February 9th. Evercore set a $77.00 price target on shares of Kroger and gave the stock an “outperform” rating in a report on Friday, December 5th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $80.00 price objective on shares of Kroger in a research report on Monday, February 9th. Finally, Morgan Stanley set a $67.00 target price on shares of Kroger and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Kroger has an average rating of “Moderate Buy” and an average target price of $74.07.

Kroger Trading Down 2.0%

Shares of KR stock opened at $66.30 on Monday. The company has a quick ratio of 0.45, a current ratio of 0.88 and a debt-to-equity ratio of 2.28. The firm has a market cap of $41.96 billion, a P/E ratio of 61.39, a PEG ratio of 1.68 and a beta of 0.62. The company has a 50 day moving average of $64.06 and a 200-day moving average of $66.02. The Kroger Co. has a 12-month low of $58.60 and a 12-month high of $74.90.

Kroger (NYSE:KR) last posted its quarterly earnings data on Thursday, December 4th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $1.03 by $0.02. Kroger had a return on equity of 38.06% and a net margin of 0.54%.The business had revenue of $33.86 billion for the quarter, compared to the consensus estimate of $34.27 billion. During the same quarter in the prior year, the business earned $0.98 earnings per share. Kroger’s revenue for the quarter was up .7% on a year-over-year basis. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. Sell-side analysts anticipate that The Kroger Co. will post 4.44 earnings per share for the current year.

Kroger Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 13th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, February 13th. Kroger’s payout ratio is currently 129.63%.

More Kroger News

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Kroger will be the exclusive retail partner for a new Coca‑Cola rival product rollout in some stores, which could boost in‑store traffic and sales in affected markets. Coca‑Cola rival teases ‘exclusive’ release in Kroger stores only – what to know
• Positive Sentiment: Kroger revived plans to build a Marketplace grocery near Keller Town Center, signaling continued store expansion and local growth opportunities. Kroger revives plan to build a Marketplace grocery store near Keller Town Center
• Positive Sentiment: Company is expanding its Cobb location, reflecting investment in existing stores that can drive incremental sales. Kroger expanding Cobb location
• Positive Sentiment: Celebratory piece on Kroger’s 70‑year history in Texas highlights operational resilience and brand strength in a major regional market. The Past: 70 Years Strong, Kroger Texas Division Paves Path Of Progress
• Neutral Sentiment: Analyst coverage/roundups note Kroger’s low forward valuation relative to the S&P and inclusion on lists of Buffett‑style dividend names, but also flag thin margins and sluggish industry growth — mixed signals for investors weighing value vs. margin pressure. Kroger (KR) Navigates Thin Margins and Sluggish Industry Growth
• Neutral Sentiment: Incidents like student disruptions at a store are operational headaches but unlikely to materially affect companywide results. North College Hill students to face discipline for causing chaos at Kroger
• Negative Sentiment: Kroger is closing multiple Little Clinic locations (including in Miami County and several Greater Cincinnati locations), which may reduce ancillary healthcare revenue and signals cost/footprint rationalization in non‑core services. Kroger closing Little Clinic location in Miami County Kroger closing multiple Little Clinic locations, including 3 in Greater Cincinnati

Kroger Company Profile

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.