PNC Financial Services Group Inc. Buys 8,496 Shares of The Kroger Co. $KR

PNC Financial Services Group Inc. raised its stake in The Kroger Co. (NYSE:KR) by 4.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 215,386 shares of the company’s stock after acquiring an additional 8,496 shares during the period. PNC Financial Services Group Inc.’s holdings in Kroger were worth $14,519,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of KR. Norges Bank purchased a new stake in shares of Kroger in the second quarter worth about $518,267,000. Allianz Asset Management GmbH increased its stake in Kroger by 66.6% in the 3rd quarter. Allianz Asset Management GmbH now owns 5,255,084 shares of the company’s stock worth $354,245,000 after acquiring an additional 2,100,444 shares during the last quarter. Worldquant Millennium Advisors LLC raised its holdings in shares of Kroger by 299.6% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,420,495 shares of the company’s stock worth $173,622,000 after acquiring an additional 1,814,721 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Kroger by 95.6% during the 2nd quarter. Raymond James Financial Inc. now owns 2,434,663 shares of the company’s stock valued at $174,638,000 after acquiring an additional 1,190,127 shares during the last quarter. Finally, Holocene Advisors LP bought a new position in shares of Kroger during the 2nd quarter valued at approximately $65,450,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on KR shares. BMO Capital Markets reaffirmed a “market perform” rating on shares of Kroger in a research note on Monday, February 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Kroger in a research note on Monday, December 29th. UBS Group reaffirmed a “neutral” rating and set a $70.00 price target (down from $74.00) on shares of Kroger in a research note on Friday, December 5th. Guggenheim reissued a “buy” rating and issued a $78.00 price objective on shares of Kroger in a research report on Tuesday, February 10th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $70.00 price target (down from $78.00) on shares of Kroger in a research note on Thursday, December 4th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $74.07.

Kroger Stock Down 1.2%

Shares of NYSE:KR opened at $68.81 on Thursday. The company has a quick ratio of 0.45, a current ratio of 0.88 and a debt-to-equity ratio of 2.28. The business’s 50 day moving average is $63.89 and its 200 day moving average is $66.14. The stock has a market cap of $43.55 billion, a P/E ratio of 63.71, a price-to-earnings-growth ratio of 1.77 and a beta of 0.62. The Kroger Co. has a 52-week low of $58.60 and a 52-week high of $74.90.

Kroger (NYSE:KR) last issued its earnings results on Thursday, December 4th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.02. The business had revenue of $33.86 billion during the quarter, compared to analysts’ expectations of $34.27 billion. Kroger had a return on equity of 38.06% and a net margin of 0.54%.The business’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.98 EPS. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. Sell-side analysts predict that The Kroger Co. will post 4.44 EPS for the current year.

Kroger Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Friday, February 13th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.40 dividend on an annualized basis and a yield of 2.0%. Kroger’s dividend payout ratio (DPR) is 129.63%.

Key Headlines Impacting Kroger

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Store remodels and in-store experience upgrades (sushi kiosk, expanded cheese counter) highlighted in an Atlanta-area Kroger signal investment in fresh-food and experience-led formats that can boost trip frequency and basket size. Sushi kiosk, cheese counter part of major redo at this Atlanta area Kroger
• Positive Sentiment: Kroger is investing $23M to expand a Marietta, GA store — a capital deployment that supports local revenue growth and market share gains in a key region. Kroger Invests $23M To Expand Store In Marietta, GA
• Positive Sentiment: Marketing/product partnership: Keurig Dr Pepper will reintroduce five flavors with one being Kroger-exclusive — a traffic-driving exclusive that can increase store visits and cross-sell. Keurig Dr Pepper to bring back 5 soda flavors, 1 Kroger exclusive
• Neutral Sentiment: Corporate PR recognizing associates for Supermarket Employee Day — positive for brand and culture but limited direct near-term financial impact. Kroger Celebrates Experience Makers in Honor of Supermarket Employee Day on Sunday, Feb. 22
• Neutral Sentiment: Consumer-interest pieces (best new food items, shopper tips) can modestly support traffic but are unlikely to move near-term fundamentals. The eight best new food items to grab at Kroger in February 2026
• Negative Sentiment: Market commentary notes Kroger stock has been sliding, a short-term technical/flow headwind for the share price. Kroger (KR) Stock Slides as Market Rises: Facts to Know Before You Trade
• Negative Sentiment: Leadership change headlines (new CEO Greg Foran) raise investor concern that a strategy favoring lower prices and higher wages could pressure margins and near-term earnings — key risk given Kroger’s thin grocery margins. Lower prices? Higher wages? What choice of new Kroger CEO foretells

Kroger Profile

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.