Tucker Asset Management LLC bought a new position in The Kroger Co. (NYSE:KR – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,833 shares of the company’s stock, valued at approximately $694,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Signature Equity Partners LLC increased its stake in shares of Kroger by 26.5% in the third quarter. Signature Equity Partners LLC now owns 11,281 shares of the company’s stock worth $661,000 after purchasing an additional 2,363 shares during the period. Summit Wealth Group LLC Co. acquired a new position in shares of Kroger during the 3rd quarter worth about $277,000. Salomon & Ludwin LLC lifted its position in shares of Kroger by 979.6% during the 3rd quarter. Salomon & Ludwin LLC now owns 583 shares of the company’s stock worth $34,000 after purchasing an additional 529 shares during the last quarter. Ridgepath Capital Management LLC acquired a new position in shares of Kroger during the 3rd quarter worth about $209,000. Finally, Virtue Capital Management LLC bought a new stake in Kroger during the 3rd quarter valued at approximately $212,000. Institutional investors and hedge funds own 80.93% of the company’s stock.
Insider Buying and Selling
In other Kroger news, EVP Mary Adcock sold 72,901 shares of the company’s stock in a transaction on Friday, September 18th. The stock was sold at an average price of $60.70, for a total value of $4,425,090.70. Following the sale, the executive vice president directly owned 175,233 shares in the company, valued at $10,636,643.10. This represents a 29.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.41% of the stock is currently owned by corporate insiders.
Kroger Stock Performance
Kroger (NYSE:KR – Get Free Report) last released its quarterly earnings data on Friday, September 11th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $34.64 billion. During the same period in the previous year, the business earned $1.04 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. Research analysts anticipate that The Kroger Co. will post 5.20 earnings per share for the current fiscal year.
Kroger Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.56 annualized dividend and a yield of 2.3%. Kroger’s payout ratio is currently 84.78%.
More Kroger News
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Unusually high call-option buying indicates increased bullish positioning among some traders, though options activity is speculative and does not guarantee further gains. Kroger Stock Sees Unusually High Call Option Buying
- Positive Sentiment: Kroger is proposing a new store in Butler Township, supporting the company’s broader growth strategy and potential future sales. New Kroger store proposed in Butler Township
- Positive Sentiment: A “Connected” store is using robots, RFID and artificial intelligence to improve inventory management and operating efficiency, potentially helping Kroger control costs and improve the shopping experience. Kroger’s Connected Store Puts Robots, RFID and AI at the Center of Operations
- Positive Sentiment: Kroger’s plan to open 110 new stores, with redesigned layouts aimed at budget-conscious shoppers, could support long-term growth and customer retention. Kroger plans 110 new stores
- Neutral Sentiment: The Kroger-Albertsons trial ended with a request for additional information, leaving the deal’s outcome and any potential synergies uncertain. The extended process may keep merger-related volatility elevated. Kroger, Albertsons trial ends with request for more information
- Negative Sentiment: Reports that more Kroger and Albertsons locations will close in 2026 highlight competitive pressure from Walmart, Amazon and other retailers, and could weigh on sales growth and restructuring costs. More Kroger and Albertsons locations will close in 2026
- Negative Sentiment: Wall Street Zen downgraded Kroger, adding a negative analyst signal despite the stock’s recent strength. Kroger Stock Gets Downgrade from Wall Street Zen
Wall Street Analyst Weigh In
A number of research firms have issued reports on KR. Roth Capital reaffirmed a “buy” rating and issued a $73.00 target price on shares of Kroger in a report on Monday, September 14th. UBS Group set a $66.00 price target on Kroger and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. Telsey Advisory Group cut their price target on Kroger from $78.00 to $75.00 and set an “outperform” rating for the company in a report on Monday, September 14th. Guggenheim reiterated a “buy” rating and set a $68.00 price target (up from $66.00) on shares of Kroger in a report on Wednesday, October 21st. Finally, Wells Fargo & Company set a $60.00 price objective on Kroger and gave the company an “equal weight” rating in a research report on Wednesday, October 21st. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Kroger has a consensus rating of “Moderate Buy” and an average price target of $70.35.
Get Our Latest Stock Analysis on Kroger
Kroger Profile
The Kroger Co is a U.S. food and grocery retailer headquartered in Cincinnati, Ohio. Founded by Bernard Kroger in 1883, the company operates supermarkets under banners that include Kroger, Ralphs, Fred Meyer, King Soopers, Fry’s, Harris Teeter and Smith’s, among others.
Kroger’s business includes the sale of fresh food, groceries, general merchandise, household products and health and beauty items. Many of its stores also provide pharmacy services and fuel centers. The company offers digital shopping, pickup and delivery services, loyalty programs and a range of private-label products, including Simple Truth, Private Selection and Kroger-branded products.
Kroger primarily serves customers across the United States, with stores concentrated in the Midwest, South, West and parts of the Mid-Atlantic region.
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