Beverly Hills Private Wealth LLC bought a new position in shares of The Kroger Co. (NYSE:KR – Free Report) in the second quarter, HoldingsChannel reports. The firm bought 99,038 shares of the company’s stock, valued at approximately $5,500,000. Kroger comprises about 1.0% of Beverly Hills Private Wealth LLC’s holdings, making the stock its 27th biggest holding.
Several other institutional investors and hedge funds also recently modified their holdings of the business. OneDigital Investment Advisors LLC purchased a new position in shares of Kroger during the 2nd quarter worth approximately $641,000. Plato Investment Management Ltd acquired a new stake in Kroger during the 2nd quarter valued at $1,121,000. Bell Investment Advisors Inc acquired a new stake in Kroger during the 2nd quarter valued at $67,000. Avise Financial Cooperative Inc. purchased a new position in Kroger during the second quarter worth $455,000. Finally, Roman Butler Fullerton & Co. acquired a new position in shares of Kroger in the second quarter worth $558,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.
Kroger News Roundup
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Kroger appointed former Jet.com and Walmart executive Nate Faust as its first chief e-commerce officer. His mandate includes simplifying the digital business, improving supply-chain efficiency and strengthening online grocery fulfillment—initiatives that could improve growth and margins over time. What Could Kroger Gain From Its New Ecommerce Chief And Texas Fresh Push?
- Positive Sentiment: BrightFarms expanded locally grown greenhouse greens into more than 1,000 Kroger stores in the Dallas area, giving the company additional fresh-produce offerings and a potential way to attract shoppers. Kroger is also planning a new Marketplace store in Northern Kentucky. Kroger Marketplace coming to NKY amid Publix threat
- Neutral Sentiment: Kroger said it will hold its second-quarter 2026 earnings call on September 11. The announcement provides a date for investors to assess sales trends, traffic, e-commerce progress and the company’s outlook, but contains no new financial information. Kroger Announces Second Quarter Conference Call with Investors
- Negative Sentiment: Reports indicate Kroger has closed at least 39 stores across nine banners and plans to shutter 60 locations as part of a nationwide overhaul. Closures may reduce near-term sales and highlight pressure on underperforming stores, even if they eventually lower costs. Major Supermarket Chain Closures
- Negative Sentiment: Kroger’s customer traffic reportedly ranked 13th among 16 retailers in July and has been declining, raising concerns about market-share losses to Walmart, Publix and other competitors. Analysts and industry observers also described the company’s e-commerce operation as overly complex, increasing execution risk for the new digital chief. Kroger’s traffic has been declining
- Negative Sentiment: A recall involving products sold at Kroger and other retailers over a salmonella outbreak adds a potential reputational and operational risk, although the reported information does not quantify any financial impact. Kroger Products Recalled Over Salmonella Outbreak
Analyst Upgrades and Downgrades
View Our Latest Research Report on KR
Kroger Price Performance
Shares of NYSE:KR opened at $56.69 on Monday. The company has a market cap of $34.73 billion, a P/E ratio of 33.35, a P/E/G ratio of 1.52 and a beta of 0.43. The company has a quick ratio of 0.39, a current ratio of 0.79 and a debt-to-equity ratio of 2.43. The Kroger Co. has a 52 week low of $54.15 and a 52 week high of $76.58. The business has a fifty day simple moving average of $58.60 and a 200-day simple moving average of $64.92.
Kroger (NYSE:KR – Get Free Report) last posted its quarterly earnings results on Thursday, June 18th. The company reported $1.58 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.01). Kroger had a net margin of 0.71% and a return on equity of 44.33%. The business had revenue of $46.12 billion during the quarter, compared to analysts’ expectations of $45.59 billion. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.49 EPS. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. Equities research analysts forecast that The Kroger Co. will post 5.21 EPS for the current year.
Kroger Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Saturday, August 15th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 2.8%. This is a positive change from Kroger’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Friday, August 14th. Kroger’s dividend payout ratio (DPR) is currently 91.76%.
About Kroger
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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