Mitchell Capital Management Co. Purchases 27,073 Shares of The Kroger Co. $KR

Mitchell Capital Management Co. lifted its position in The Kroger Co. (NYSE:KRFree Report) by 59.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,272 shares of the company’s stock after acquiring an additional 27,073 shares during the quarter. Mitchell Capital Management Co.’s holdings in Kroger were worth $4,516,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in KR. Ares Financial Consulting LLC bought a new stake in shares of Kroger in the 4th quarter worth about $25,000. Princeton Global Asset Management LLC lifted its holdings in shares of Kroger by 268.1% in the 4th quarter. Princeton Global Asset Management LLC now owns 416 shares of the company’s stock worth $26,000 after acquiring an additional 303 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of Kroger in the 4th quarter worth about $28,000. Avalon Trust Co bought a new stake in shares of Kroger in the 3rd quarter worth about $29,000. Finally, JPL Wealth Management LLC bought a new stake in shares of Kroger in the 3rd quarter worth about $31,000. Institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

KR has been the subject of several analyst reports. Wells Fargo & Company lowered shares of Kroger from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $70.00 to $68.00 in a report on Wednesday, February 25th. Roth Mkm restated a “buy” rating and issued a $78.00 target price (up from $75.00) on shares of Kroger in a report on Friday, March 6th. Wolfe Research restated an “outperform” rating and issued a $75.00 target price on shares of Kroger in a report on Thursday, March 5th. Citigroup raised their target price on shares of Kroger from $68.00 to $71.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. Finally, Erste Group Bank lowered shares of Kroger from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $74.87.

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Kroger Trading Down 2.2%

KR stock opened at $62.25 on Friday. The company has a market capitalization of $38.14 billion, a PE ratio of 40.69, a P/E/G ratio of 1.65 and a beta of 0.46. The Kroger Co. has a 12 month low of $58.60 and a 12 month high of $76.58. The firm’s 50-day moving average is $68.56 and its 200 day moving average is $66.75. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.80 and a quick ratio of 0.42.

Kroger (NYSE:KRGet Free Report) last posted its quarterly earnings results on Thursday, March 5th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.20 by $0.08. The company had revenue of $34.73 billion for the quarter, compared to the consensus estimate of $35.10 billion. Kroger had a net margin of 0.69% and a return on equity of 41.08%. The firm’s revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.14 EPS. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. On average, research analysts anticipate that The Kroger Co. will post 5.24 EPS for the current year.

Kroger Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be paid 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 dividend payout ratio (DPR) is currently 91.50%.

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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