The Kroger Co. $KR Shares Acquired by Forsta AP Fonden

Forsta AP Fonden lifted its holdings in shares of The Kroger Co. (NYSE:KRFree Report) by 150.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 332,900 shares of the company’s stock after purchasing an additional 200,000 shares during the quarter. Forsta AP Fonden’s holdings in Kroger were worth $20,800,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Ares Financial Consulting LLC acquired a new position in Kroger in the fourth quarter valued at $25,000. Princeton Global Asset Management LLC boosted its holdings in Kroger by 268.1% in the fourth quarter. Princeton Global Asset Management LLC now owns 416 shares of the company’s stock valued at $26,000 after acquiring an additional 303 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in Kroger in the fourth quarter valued at $28,000. Avalon Trust Co acquired a new position in Kroger in the third quarter valued at $29,000. Finally, JPL Wealth Management LLC acquired a new position in Kroger in the third quarter valued at $31,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Kroger Stock Down 2.2%

Shares of NYSE KR opened at $62.25 on Friday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.42 and a current ratio of 0.80. The firm has a market cap of $38.14 billion, a price-to-earnings ratio of 40.69, a PEG ratio of 1.65 and a beta of 0.46. The Kroger Co. has a 1 year low of $58.60 and a 1 year high of $76.58. The stock’s 50-day simple moving average is $68.56 and its 200-day simple moving average is $66.75.

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

Kroger Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on KR shares. Wolfe Research reiterated an “outperform” rating and issued a $75.00 target price on shares of Kroger in a report on Thursday, March 5th. Citigroup lifted their target price on Kroger from $68.00 to $71.00 and gave the company a “neutral” rating in a report on Monday, March 9th. Barclays reissued a “positive” rating on shares of Kroger in a research report on Monday, February 9th. BMO Capital Markets reissued a “market perform” rating and issued a $70.00 price objective on shares of Kroger in a research report on Thursday, March 5th. Finally, Roth Mkm reissued a “buy” rating and issued a $78.00 price objective (up from $75.00) on shares of Kroger in a research report on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Kroger currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.87.

Read Our Latest Research Report on KR

Kroger News Summary

Here are the key news stories impacting Kroger this week:

Kroger Company Profile

(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.

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Institutional Ownership by Quarter for Kroger (NYSE:KR)

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