Schroder Investment Management Group Buys 116,077 Shares of The Kroger Co. $KR

Schroder Investment Management Group grew its stake in The Kroger Co. (NYSE:KRFree Report) by 8.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,491,076 shares of the company’s stock after purchasing an additional 116,077 shares during the quarter. Schroder Investment Management Group owned approximately 0.23% of Kroger worth $99,052,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. WESPAC Advisors LLC grew its stake in Kroger by 1.2% in the 3rd quarter. WESPAC Advisors LLC now owns 13,585 shares of the company’s stock valued at $916,000 after buying an additional 167 shares during the last quarter. WPG Advisers LLC lifted its position in Kroger by 16.8% during the third quarter. WPG Advisers LLC now owns 1,160 shares of the company’s stock worth $78,000 after acquiring an additional 167 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Kroger by 4.9% during the second quarter. Parkside Financial Bank & Trust now owns 3,648 shares of the company’s stock worth $262,000 after acquiring an additional 170 shares during the period. Community Bank & Trust Waco Texas grew its position in shares of Kroger by 0.9% in the third quarter. Community Bank & Trust Waco Texas now owns 18,846 shares of the company’s stock valued at $1,270,000 after purchasing an additional 173 shares during the last quarter. Finally, Perigon Wealth Management LLC increased its stake in shares of Kroger by 1.8% during the third quarter. Perigon Wealth Management LLC now owns 9,869 shares of the company’s stock worth $665,000 after purchasing an additional 174 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Key Kroger News

Here are the key news stories impacting Kroger this week:

Kroger Stock Down 0.9%

NYSE KR opened at $73.46 on Tuesday. The business has a fifty day moving average price of $65.57 and a two-hundred day moving average price of $65.86. The stock has a market capitalization of $46.49 billion, a PE ratio of 48.01, a PEG ratio of 1.89 and a beta of 0.62. The Kroger Co. has a fifty-two week low of $58.60 and a fifty-two week high of $74.90. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.80 and a quick ratio of 0.42.

Kroger (NYSE:KRGet Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.08. Kroger had a return on equity of 41.08% and a net margin of 0.69%.The company had revenue of $34.73 billion for the quarter, compared to analyst estimates of $35.10 billion. During the same quarter last year, the company posted $1.14 EPS. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. Equities analysts expect that The Kroger Co. will post 4.44 earnings per share for the current fiscal year.

Kroger Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 13th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.40 annualized dividend and a yield of 1.9%. Kroger’s payout ratio is presently 91.50%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on KR. Weiss Ratings restated a “hold (c)” rating on shares of Kroger in a research note on Monday, December 29th. Jefferies Financial Group reiterated a “buy” rating and set a $82.00 price objective on shares of Kroger in a research report on Thursday. Roth Mkm reissued a “buy” rating and set a $78.00 target price (up from $75.00) on shares of Kroger in a report on Friday. Citigroup boosted their target price on shares of Kroger from $68.00 to $71.00 and gave the company a “neutral” rating in a research report on Monday. Finally, JPMorgan Chase & Co. decreased their price target on shares of Kroger from $73.00 to $71.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Eight investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.56.

View Our Latest Report on Kroger

About Kroger

(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.

Further Reading

Institutional Ownership by Quarter for Kroger (NYSE:KR)

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