Fideuram Asset Management Ireland dac Invests $3.97 Million in The Kroger Co. $KR

Fideuram Asset Management Ireland dac acquired a new position in The Kroger Co. (NYSE:KR) in the 4th quarter, Holdings Channel reports. The firm acquired 57,663 shares of the company’s stock, valued at approximately $3,970,000.

Several other large investors also recently made changes to their positions in KR. Wellington Management Group LLP increased its position in shares of 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 acquiring an additional 12,652,261 shares in the last quarter. Allianz Asset Management GmbH increased its position in shares of Kroger by 66.6% in the third quarter. Allianz Asset Management GmbH now owns 5,255,084 shares of the company’s stock worth $354,245,000 after acquiring an additional 2,100,444 shares in the last quarter. Worldquant Millennium Advisors LLC increased its position in shares of Kroger by 299.6% in the second quarter. Worldquant Millennium Advisors LLC now owns 2,420,495 shares of the company’s stock worth $173,622,000 after acquiring an additional 1,814,721 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Kroger by 95.6% in the second quarter. Raymond James Financial Inc. now owns 2,434,663 shares of the company’s stock worth $174,638,000 after acquiring an additional 1,190,127 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its position in shares of Kroger by 51.0% in the third quarter. Alyeska Investment Group L.P. now owns 2,991,513 shares of the company’s stock worth $201,658,000 after acquiring an additional 1,010,457 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Kroger Trading Down 1.6%

NYSE KR opened at $63.65 on Friday. The Kroger Co. has a 12 month low of $58.60 and a 12 month high of $76.58. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.80 and a quick ratio of 0.42. The company has a market capitalization of $38.99 billion, a price-to-earnings ratio of 41.60, a price-to-earnings-growth ratio of 1.72 and a beta of 0.46. The company’s fifty day moving average price is $68.78 and its two-hundred day moving average price is $66.79.

Kroger (NYSE:KR) last posted its quarterly earnings data on Thursday, March 5th. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.08. Kroger had a net margin of 0.69% and a return on equity of 41.08%. The firm had revenue of $34.73 billion for the quarter, compared to the consensus estimate of $35.10 billion. During the same period in the prior year, the firm posted $1.14 EPS. The firm’s revenue was up 1.2% compared to the same quarter last year. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. As a group, research analysts predict that The Kroger Co. will post 5.24 earnings per share for the current fiscal year.

Kroger Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, May 15th. Kroger’s dividend payout ratio is 91.50%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Telsey Advisory Group increased their price objective on shares of Kroger from $80.00 to $82.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Wells Fargo & Company lowered shares of Kroger from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $70.00 to $68.00 in a research report on Wednesday, February 25th. Erste Group Bank lowered shares of Kroger from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Roth Mkm restated a “buy” rating and issued a $78.00 target price (up from $75.00) on shares of Kroger in a research note on Friday, March 6th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $70.00 target price on shares of Kroger in a research note on Thursday, March 5th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Kroger has an average rating of “Moderate Buy” and a consensus target price of $74.87.

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.