Maj Invest Holding A S Sells 108,584 Shares of The Kroger Co. $KR

Maj Invest Holding A S trimmed its position in shares of The Kroger Co. (NYSE:KR) by 6.6% during the 4th quarter, HoldingsChannel reports. The fund owned 1,524,265 shares of the company’s stock after selling 108,584 shares during the quarter. Kroger makes up approximately 4.4% of Maj Invest Holding A S’s investment portfolio, making the stock its 14th biggest holding. Maj Invest Holding A S’s holdings in Kroger were worth $95,235,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KR. Ares Financial Consulting LLC bought a new position in Kroger during the fourth quarter valued at about $25,000. Princeton Global Asset Management LLC increased its stake in Kroger by 268.1% during the fourth quarter. Princeton Global Asset Management LLC now owns 416 shares of the company’s stock valued at $26,000 after acquiring an additional 303 shares during the period. Avalon Trust Co bought a new position in Kroger during the third quarter valued at about $29,000. JPL Wealth Management LLC bought a new position in Kroger during the third quarter valued at about $31,000. Finally, Westside Investment Management Inc. increased its stake in Kroger by 100.0% during the third quarter. Westside Investment Management Inc. now owns 490 shares of the company’s stock valued at $33,000 after acquiring an additional 245 shares during the period. 80.93% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Wolfe Research restated an “outperform” rating and set a $75.00 price target on shares of Kroger in a research note on Thursday, March 5th. Roth Mkm restated a “buy” rating and set a $78.00 price target (up from $75.00) on shares of Kroger in a research note on Friday, March 6th. Morgan Stanley set a $73.00 price objective on Kroger and gave the company an “equal weight” rating in a report on Thursday, March 5th. Wall Street Zen raised Kroger from a “hold” rating to a “buy” rating in a report on Saturday, April 4th. Finally, Erste Group Bank downgraded 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 nine have given a Hold rating to the company. Based on data from MarketBeat.com, Kroger currently has an average rating of “Hold” and an average target price of $74.56.

Kroger Stock Up 3.4%

NYSE KR opened at $68.24 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.42 and a debt-to-equity ratio of 2.66. The stock’s 50 day moving average is $69.93 and its two-hundred day moving average is $66.64. The company has a market capitalization of $41.80 billion, a price-to-earnings ratio of 44.60, a PEG ratio of 1.76 and a beta of 0.46. The Kroger Co. has a 1-year low of $58.60 and a 1-year high of $76.58.

Kroger (NYSE:KR) last released its quarterly earnings data on Thursday, March 5th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 41.08% and a net margin of 0.69%.The company’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.14 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. Equities analysts forecast that The Kroger Co. will post 5.24 earnings per share for the current fiscal year.

Kroger Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 15th. Kroger’s payout ratio is presently 91.50%.

Key Stories Impacting Kroger

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Kroger is promoting Memorial Day grilling deals and a 4X Fuel Points event, which could drive traffic, boost basket sizes, and support near-term sales at its stores. Article Title
• Positive Sentiment: The Kroger Queen City Championship continued to keep the Kroger name in the spotlight after Lottie Woad won the LPGA event, giving the company additional brand visibility. Article Title
• Neutral Sentiment: Media coverage and local features about Kroger stores, cookout ideas, and a celebrity appearance are mostly promotional and unlikely to materially move the stock on their own. Article Title
• Neutral Sentiment: Some commentary is highlighting Kroger’s lower valuation versus peers, which may support investor sentiment but does not change fundamentals by itself. Article Title
• Negative Sentiment: Another senior executive departure adds to leadership turnover concerns and could make investors question management stability. Article Title
• Negative Sentiment: Kroger’s $100 million refrigeration settlement tied to alleged EPA violations raises costs, increases regulatory scrutiny, and may weigh on long-term cash flow. Article Title

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.