SGL Investment Advisors Inc. Purchases 48,774 Shares of The Kroger Co. $KR

SGL Investment Advisors Inc. raised its position in The Kroger Co. (NYSE:KRFree Report) by 1,524.2% in the 4th quarter, Holdings Channel reports. The firm owned 51,974 shares of the company’s stock after buying an additional 48,774 shares during the quarter. Kroger accounts for 1.4% of SGL Investment Advisors Inc.’s holdings, making the stock its 27th largest position. SGL Investment Advisors Inc.’s holdings in Kroger were worth $3,465,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Stephens Inc. AR raised its position in shares of Kroger by 1.0% during the 4th quarter. Stephens Inc. AR now owns 17,995 shares of the company’s stock valued at $1,124,000 after buying an additional 174 shares in the last quarter. HUB Investment Partners LLC raised its position in shares of Kroger by 3.0% during the 2nd quarter. HUB Investment Partners LLC now owns 6,568 shares of the company’s stock valued at $471,000 after buying an additional 192 shares in the last quarter. Parsons Capital Management Inc. RI raised its position in shares of Kroger by 1.3% during the 4th quarter. Parsons Capital Management Inc. RI now owns 15,756 shares of the company’s stock valued at $984,000 after buying an additional 195 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of Kroger by 17.4% during the 3rd quarter. SBI Securities Co. Ltd. now owns 1,328 shares of the company’s stock valued at $90,000 after buying an additional 197 shares in the last quarter. Finally, Gratus Wealth Advisors LLC raised its position in shares of Kroger by 1.8% during the 4th quarter. Gratus Wealth Advisors LLC now owns 11,377 shares of the company’s stock valued at $711,000 after buying an additional 202 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Key Headlines Impacting Kroger

Here are the key news stories impacting Kroger this week:

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on KR shares. Roth Mkm restated a “buy” rating and set a $78.00 price objective (up from $75.00) on shares of Kroger in a research report on Friday, March 6th. Citigroup raised their price objective on shares of Kroger from $68.00 to $71.00 and gave the company a “neutral” rating in a research report on Monday, March 9th. Morgan Stanley set a $73.00 price objective on shares of Kroger and gave the company an “equal weight” rating in a research report on Thursday, March 5th. Guggenheim restated a “buy” rating and set a $78.00 price objective on shares of Kroger in a research report on Tuesday, February 10th. Finally, Barclays restated a “positive” rating on shares of Kroger in a research report on Monday, February 9th. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $74.87.

Check Out Our Latest Analysis on Kroger

Kroger Price Performance

Shares of NYSE:KR opened at $67.32 on Friday. The stock has a market cap of $41.24 billion, a PE ratio of 44.00, a PEG ratio of 1.78 and a beta of 0.46. The company’s fifty day moving average is $69.56 and its 200 day moving average is $66.73. The Kroger Co. has a 52 week low of $58.60 and a 52 week high of $76.58. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 2.66.

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

Kroger Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be given a $0.35 dividend. The ex-dividend date is Friday, May 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.1%. Kroger’s payout ratio is presently 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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