Inspirion Wealth Advisors LLC Sells 9,946 Shares of The Kroger Co. $KR

Inspirion Wealth Advisors LLC trimmed its holdings in shares of The Kroger Co. (NYSE:KR) by 33.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,456 shares of the company’s stock after selling 9,946 shares during the period. Inspirion Wealth Advisors LLC’s holdings in Kroger were worth $1,140,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Whipplewood Advisors LLC bought a new stake in Kroger during the first quarter worth about $27,000. MV Capital Management Inc. bought a new position in Kroger in the fourth quarter valued at approximately $26,000. Axiom Investment Management LLC bought a new position in Kroger in the first quarter valued at approximately $31,000. Cedar Mountain Advisors LLC acquired a new position in shares of Kroger during the 1st quarter worth approximately $33,000. Finally, North Point Portfolio Managers Corp OH acquired a new position in shares of Kroger during the 3rd quarter worth approximately $30,000. Institutional investors own 80.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Wells Fargo & Company set a $58.00 price objective on Kroger in a report on Monday, June 22nd. Barclays set a $61.00 target price on shares of Kroger and gave the stock an “equal weight” rating in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft set a $68.00 price target on shares of Kroger in a research report on Wednesday, September 9th. HC Wainwright reiterated a “buy” rating on shares of Kroger in a research note on Thursday, July 2nd. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $82.00 price objective on shares of Kroger in a research report on Friday, June 19th. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Kroger presently has a consensus rating of “Moderate Buy” and a consensus price target of $69.82.

Kroger Stock Performance

KR opened at $61.33 on Friday. The Kroger Co. has a 12-month low of $54.15 and a 12-month high of $76.58. The stock has a market cap of $36.22 billion, a price-to-earnings ratio of 33.33, a PEG ratio of 1.62 and a beta of 0.36. The business has a 50 day moving average of $58.27 and a 200-day moving average of $62.03. The company has a quick ratio of 0.31, a current ratio of 0.70 and a debt-to-equity ratio of 2.59.

Kroger (NYSE:KR) last issued its earnings results on Friday, September 11th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.05 by $0.04. Kroger had a return on equity of 49.90% and a net margin of 0.73%.The company had revenue of $34.62 billion during the quarter, compared to the consensus estimate of $34.64 billion. During the same period in the previous year, the company posted $1.04 EPS. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. On average, equities research analysts expect that The Kroger Co. will post 5.19 earnings per share for the current year.

Kroger Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, November 16th. Kroger’s payout ratio is currently 84.78%.

Insider Activity at Kroger

In other news, EVP Mary Adcock sold 72,901 shares of the stock in a transaction dated Friday, September 18th. The shares were sold at an average price of $60.70, for a total value of $4,425,090.70. Following the transaction, the executive vice president directly owned 175,233 shares of the company’s stock, valued at $10,636,643.10. This represents a 29.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.41% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Kroger

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: High gasoline prices are driving shoppers toward Kroger’s fuel-points program, which can support customer retention, shopping frequency and loyalty-program engagement. Kroger and Costco shoppers refuse to let record gas prices win
• Positive Sentiment: Kroger is bringing back Boar’s Head deli products, restoring a recognizable offering that could help recover deli sales and improve customer satisfaction. Kroger brings back Boar’s Head deli products
• Positive Sentiment: More private-label merchandise and new products, including nationwide sales of Incredifulls PAW Patrol PB&J cups, could support value perception, product differentiation and higher-margin sales. Why you’ll see more house brands at your Kroger PAW Patrol PB&J cups launch nationwide at Kroger
• Positive Sentiment: Kroger is expanding in a fast-growing market, with another store planned for late 2027, providing a potential long-term sales-growth opportunity. Kroger aims to open new store
• Neutral Sentiment: Reports on holiday hours, a paused 24-hour-store test, employee dress-code changes, weekly promotions, discounted California wine and the return of a Kroger banner to a former JCPenney location are operational updates with limited immediate earnings impact.
• Neutral Sentiment: A quarterly peer comparison provides context for Kroger’s performance, but the available report does not identify a new company-specific earnings or guidance change. Q2 rundown: Kroger versus other grocery stocks
• Negative Sentiment: A U.S. senator criticized Kroger’s Giant Eagle deal, potentially increasing political and antitrust scrutiny and uncertainty around the transaction. Senator slams Kroger Giant Eagle deal
• Negative Sentiment: Albertsons’ allegation that Kroger destroyed merger evidence adds litigation and governance risk, potentially complicating the company’s legal defense and merger strategy. Albertsons accuses Kroger of destroying merger evidence

About Kroger

The Kroger Co is a U.S.-based food and consumer goods retailer headquartered in Cincinnati, Ohio. Founded in 1883 by Bernard Kroger, the company has grown into one of the largest supermarket operators in the United States.

Kroger operates supermarkets, multi-department stores, marketplace-format stores, pharmacies and fuel centers. Its stores sell groceries, fresh produce, meat, seafood, bakery and deli products, household essentials, health and beauty items, and general merchandise. The company also offers digital shopping, pickup and delivery services, loyalty programs, and a range of private-label products.

The company serves customers across numerous U.S.