Berkshire Hathaway Inc Has $2.17 Billion Holdings in The Kroger Co. $KR

Berkshire Hathaway Inc cut its stake in The Kroger Co. (NYSE:KR) by 22.0% in the second quarter, HoldingsChannel reports. The fund owned 39,000,000 shares of the company’s stock after selling 11,000,000 shares during the period. Kroger accounts for 0.7% of Berkshire Hathaway Inc’s holdings, making the stock its 15th largest position. Berkshire Hathaway Inc owned 0.06% of Kroger worth $2,165,670,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of KR. SGL Investment Advisors Inc. acquired a new stake in shares of Kroger in the 2nd quarter valued at approximately $2,764,000. Allstate Corp grew its holdings in Kroger by 108.5% during the fourth quarter. Allstate Corp now owns 47,991 shares of the company’s stock valued at $2,998,000 after purchasing an additional 24,976 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Kroger in the second quarter valued at approximately $76,633,000. Conning Inc. raised its holdings in Kroger by 10,178.7% in the fourth quarter. Conning Inc. now owns 507,459 shares of the company’s stock worth $31,706,000 after purchasing an additional 502,522 shares during the period. Finally, North Dakota State Investment Board acquired a new stake in Kroger in the fourth quarter worth $1,299,000. 80.93% of the stock is owned by institutional investors.

Key Headlines Impacting Kroger

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Instacart partnership expands omnichannel potential. Kroger has rolled out combined grocery and eligible prescription delivery nationwide across more than 2,200 pharmacies and nearly all major banners, including Fred Meyer, Ralphs and Harris Teeter. The service could increase customer convenience, order frequency and pharmacy engagement while strengthening Kroger’s digital ecosystem. Kroger Rolls Out Combined Grocery And Prescription Delivery Nationwide
• Positive Sentiment: Store investments support longer-term sales capacity. Kroger plans new stores in Dearborn and Commerce Township, Michigan, and is investing millions of dollars in store remodels and local initiatives. These projects are positive for market presence and customer experience, although their financial contribution is likely to develop gradually. Kroger Adding New Stores in Dearborn and Commerce Township in 2027
• Neutral Sentiment: Automation and private-label visibility provide incremental support. Reports that Kroger is rolling out inventory robots and continued attention to its store-brand products point to efforts to improve labor productivity, inventory management and value perception. The articles do not indicate a near-term earnings impact. Kroger Rolls Out Inventory Robots
• Negative Sentiment: $17 million pharmacy settlement weighs on sentiment. Multiple outlets report that eligible customers may receive payments under a settlement involving alleged prescription-price or copay overcharges. The settlement appears manageable relative to Kroger’s size, but continued coverage could create reputational concerns around its pharmacy business. A shopper’s complaint about an underweight beef package is similarly negative publicity, though unlikely to materially affect earnings. Kroger Pharmacy Settlement Coverage

Kroger Stock Performance

KR opened at $58.59 on Thursday. The company has a market capitalization of $35.90 billion, a price-to-earnings ratio of 34.46, a P/E/G ratio of 1.57 and a beta of 0.43. The business’s 50-day moving average price is $57.61 and its two-hundred day moving average price is $64.57. The Kroger Co. has a 1 year low of $54.15 and a 1 year high of $76.58. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.79 and a quick ratio of 0.39.

Kroger (NYSE:KR) last posted its quarterly earnings data on Thursday, June 18th. The company reported $1.58 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.01). The firm had revenue of $46.12 billion for the quarter, compared to analyst estimates of $45.59 billion. Kroger had a return on equity of 44.33% and a net margin of 0.71%.The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.49 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. Equities analysts expect that The Kroger Co. will post 5.21 EPS for the current fiscal year.

Kroger Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be given a dividend of $0.39 per share. This is an increase from Kroger’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.56 dividend on an annualized basis and a yield of 2.7%. Kroger’s payout ratio is currently 91.76%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Evercore reissued an “outperform” rating and issued a $78.00 price target on shares of Kroger in a report on Tuesday, July 7th. Jefferies Financial Group reiterated a “buy” rating and set a $80.00 target price on shares of Kroger in a report on Wednesday, June 3rd. Wells Fargo & Company set a $58.00 price target on Kroger in a report on Monday, June 22nd. Barclays set a $61.00 price target on Kroger and gave the stock an “equal weight” rating in a research report on Monday, June 22nd. Finally, Guggenheim reiterated a “buy” rating and set a $71.00 price objective on shares of Kroger in a report on Thursday, July 2nd. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $72.00.

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.