Dana Investment Advisors Inc. Has $8.04 Million Holdings in Grocery Outlet Holding Corp. $GO

Dana Investment Advisors Inc. boosted its stake in Grocery Outlet Holding Corp. (NASDAQ:GO) by 115.7% in the fourth quarter, Holdings Channel reports. The firm owned 796,444 shares of the company’s stock after purchasing an additional 427,261 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Grocery Outlet were worth $8,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hantz Financial Services Inc. raised its stake in Grocery Outlet by 591.5% in the third quarter. Hantz Financial Services Inc. now owns 2,033 shares of the company’s stock valued at $33,000 after purchasing an additional 1,739 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Grocery Outlet by 62.7% in the third quarter. PNC Financial Services Group Inc. now owns 4,788 shares of the company’s stock valued at $77,000 after purchasing an additional 1,846 shares in the last quarter. Bayforest Capital Ltd raised its stake in Grocery Outlet by 427.0% in the fourth quarter. Bayforest Capital Ltd now owns 9,465 shares of the company’s stock valued at $96,000 after purchasing an additional 7,669 shares in the last quarter. AlphaCore Capital LLC acquired a new position in Grocery Outlet in the fourth quarter valued at about $103,000. Finally, Tower Research Capital LLC TRC raised its stake in Grocery Outlet by 189.1% in the second quarter. Tower Research Capital LLC TRC now owns 10,664 shares of the company’s stock valued at $132,000 after purchasing an additional 6,975 shares in the last quarter. Institutional investors and hedge funds own 99.87% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on GO shares. Telsey Advisory Group downgraded Grocery Outlet from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $15.00 to $9.00 in a research note on Thursday, March 5th. The Goldman Sachs Group lowered their target price on Grocery Outlet from $12.00 to $9.00 and set a “sell” rating for the company in a research note on Thursday, February 19th. DA Davidson boosted their target price on Grocery Outlet from $7.00 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday. Craig Hallum downgraded Grocery Outlet from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, Weiss Ratings raised Grocery Outlet from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 1st. Eleven analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Grocery Outlet has an average rating of “Reduce” and a consensus target price of $10.32.

Grocery Outlet Stock Down 3.5%

Shares of NASDAQ GO opened at $7.40 on Friday. The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 0.59. The company has a market cap of $732.01 million, a price-to-earnings ratio of -1.91, a PEG ratio of 2.17 and a beta of 0.66. Grocery Outlet Holding Corp. has a 12 month low of $5.66 and a 12 month high of $19.41. The stock has a 50-day moving average price of $7.10 and a two-hundred day moving average price of $9.36.

Grocery Outlet (NASDAQ:GO) last issued its earnings results on Wednesday, May 13th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. Grocery Outlet had a positive return on equity of 5.69% and a negative net margin of 8.08%.The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.13 earnings per share. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. As a group, analysts forecast that Grocery Outlet Holding Corp. will post 0.37 earnings per share for the current fiscal year.

Key Grocery Outlet News

Here are the key news stories impacting Grocery Outlet this week:

• Positive Sentiment: Grocery Outlet beat Q1 estimates, reporting EPS of $0.05 versus $0.02 expected and revenue of $1.17 billion versus $1.15 billion expected, which helped lift sentiment around the stock. Article Title
• Positive Sentiment: The company said traffic improved and it reiterated its 2026 outlook, which suggests management sees the turnaround continuing despite a still-challenging backdrop. Article Title
• Positive Sentiment: Management also outlined Q2 2026 EPS guidance of $0.11 to $0.13 and plans for about 100 store refreshes, signaling ongoing operational investment. Article Title
• Neutral Sentiment: Analysts now value Grocery Outlet at about $8.46 per share after the results, roughly in line with recent trading levels and reflecting cautious but improved expectations. Article Title
• Negative Sentiment: Multiple law firms announced or reminded investors about a federal class-action lawsuit alleging investor harm, adding legal overhang and uncertainty to the stock. Article Title

Insider Activity at Grocery Outlet

In other news, Director Carey F. Jaros purchased 40,000 shares of Grocery Outlet stock in a transaction dated Tuesday, March 10th. The shares were bought at an average cost of $6.26 per share, for a total transaction of $250,400.00. Following the completion of the acquisition, the director owned 76,066 shares in the company, valued at approximately $476,173.16. This trade represents a 110.91% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey York purchased 120,000 shares of Grocery Outlet stock in a transaction dated Monday, March 9th. The shares were purchased at an average price of $5.82 per share, for a total transaction of $698,400.00. Following the completion of the acquisition, the director owned 120,000 shares of the company’s stock, valued at approximately $698,400. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 899,905 shares of company stock valued at $5,396,307 and sold 89,493 shares valued at $524,431. 4.50% of the stock is currently owned by company insiders.

Grocery Outlet Company Profile

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.