The Kroger Co. $KR Shares Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC grew its stake in The Kroger Co. (NYSE:KR) by 20.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 72,780 shares of the company’s stock after acquiring an additional 12,304 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Kroger were worth $4,547,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of KR. Brighton Jones LLC grew its holdings in shares of Kroger by 27.3% during the 4th quarter. Brighton Jones LLC now owns 15,733 shares of the company’s stock worth $962,000 after purchasing an additional 3,373 shares during the period. Woodline Partners LP grew its holdings in shares of Kroger by 40.7% during the 1st quarter. Woodline Partners LP now owns 56,243 shares of the company’s stock worth $3,807,000 after purchasing an additional 16,270 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of Kroger during the 2nd quarter worth $201,000. NewEdge Advisors LLC grew its holdings in shares of Kroger by 11.5% during the 2nd quarter. NewEdge Advisors LLC now owns 97,288 shares of the company’s stock worth $6,978,000 after purchasing an additional 10,051 shares during the period. Finally, Nebula Research & Development LLC purchased a new position in shares of Kroger during the 2nd quarter worth $1,840,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company cut Kroger from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $70.00 to $68.00 in a report on Wednesday, February 25th. Guggenheim reiterated a “buy” rating and set a $78.00 price target on shares of Kroger in a report on Tuesday, February 10th. Citigroup increased their price target on Kroger from $68.00 to $71.00 and gave the stock a “neutral” rating in a report on Monday, March 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kroger in a report on Friday, March 27th. Finally, Telsey Advisory Group increased their price target on Kroger from $80.00 to $82.00 and gave the stock an “outperform” rating in a report on Thursday, March 5th. Eight research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Kroger has a consensus rating of “Moderate Buy” and an average target price of $74.87.

Kroger Stock Performance

Shares of Kroger stock opened at $63.65 on Friday. The business has a 50-day moving average of $68.78 and a 200 day moving average of $66.79. The Kroger Co. has a 12 month low of $58.60 and a 12 month high of $76.58. The stock has a market capitalization of $38.99 billion, a price-to-earnings ratio of 41.60, a price-to-earnings-growth ratio of 1.72 and a beta of 0.46. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.80 and a quick ratio of 0.42.

Kroger (NYSE:KR) last announced its earnings results on Thursday, March 5th. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.08. Kroger had a return on equity of 41.08% and a net margin of 0.69%.The company had revenue of $34.73 billion during the quarter, compared to analysts’ expectations of $35.10 billion. During the same period last year, the business posted $1.14 EPS. Kroger’s revenue for the quarter was up 1.2% on a year-over-year basis. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. As a group, sell-side analysts forecast that The Kroger Co. will post 5.24 earnings per share for the current year.

Kroger Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, May 15th. Kroger’s dividend payout ratio (DPR) is 91.50%.

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.