Mackenzie Financial Corp Sells 31,734 Shares of The Kroger Co. $KR

Mackenzie Financial Corp reduced its holdings in shares of The Kroger Co. (NYSE:KR) by 4.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 740,331 shares of the company’s stock after selling 31,734 shares during the quarter. Mackenzie Financial Corp owned about 0.11% of Kroger worth $49,906,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of KR. Brighton Jones LLC lifted its position in shares of Kroger by 27.3% during the fourth quarter. Brighton Jones LLC now owns 15,733 shares of the company’s stock worth $962,000 after acquiring an additional 3,373 shares in the last quarter. Woodline Partners LP boosted its holdings in shares of Kroger by 40.7% in the first quarter. Woodline Partners LP now owns 56,243 shares of the company’s stock worth $3,807,000 after acquiring an additional 16,270 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of Kroger in the second quarter valued at $201,000. Campbell & CO Investment Adviser LLC raised its stake in shares of Kroger by 29.2% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 15,500 shares of the company’s stock valued at $1,112,000 after purchasing an additional 3,499 shares during the period. Finally, ProShare Advisors LLC raised its stake in shares of Kroger by 5.3% during the 2nd quarter. ProShare Advisors LLC now owns 131,115 shares of the company’s stock valued at $9,405,000 after purchasing an additional 6,650 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Kroger News Summary

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Post‑earnings optimism and analyst price‑target hikes following Kroger’s March 5 earnings beat and FY2026 guidance; analysts cited improving e‑commerce and pharmacy trends and lifted targets, supporting the rally. Kroger shares rise 3.9% as post-earnings optimism and price-target hikes build
• Positive Sentiment: Kroger’s board declared a quarterly dividend of $0.35 per share (paid June 1; record May 15). The company has grown the dividend at a ~13% CAGR since reinstatement in 2006 — a positive for income and total‑return focused investors. Kroger’s Board of Directors Declares Quarterly Dividend
• Positive Sentiment: Evercore and other research notes have recently boosted targets and reiterated constructive views (Evercore raised its target to $83), reinforcing investor confidence after the latest results. Kroger (KR) Stock Gets Price Target Boost from Evercore
• Neutral Sentiment: Kroger hit an all‑time high intraday, reflecting the cumulative effect of earnings, guidance and capital‑return news; this can attract momentum flows but also prompts valuation scrutiny. Kroger stock reaches all-time high
• Neutral Sentiment: Strategic/operational updates from new management — customer appreciation promotions and a public outline of five growth priorities — signal active turnaround work; these are positive for execution but require time to show margin impact. Kroger and new CEO outline 5 growth priorities
• Neutral Sentiment: Ocado’s move toward store‑based automated fulfillment and talks with other retailers reduces dependence on its past Kroger‑exclusive model — not an immediate hit to Kroger but worth monitoring for future e‑commerce capacity dynamics. Ocado turns to store-based e-commerce fulfillment
• Negative Sentiment: Kroger plans to close about 50 Little Clinics — a pullback that could reduce health‑service revenue and signals a strategic reset in healthcare operations. Investors may view this as a short‑term headwind or a cost‑cutting move depending on execution. Kroger plans to shutter 50 Little Clinics
• Negative Sentiment: Some analysts cautioned Kroger is becoming fairly valued after the rally and issued downgrades or neutral takes, which could limit upside if earnings/delivery fall short of elevated expectations. Kroger: Strong E‑Commerce Growth, But Fairly Valued After Rally (Downgrade)
• Negative Sentiment: Food‑safety recall coverage (expanded frozen fried rice recall including Kroger products) is a small operational risk that can traffic negative headlines and local sales impacts. Frozen fried rice recall expanded by USDA

Kroger Price Performance

Kroger stock opened at $74.98 on Friday. The stock has a market cap of $47.45 billion, a price-to-earnings ratio of 49.01, a PEG ratio of 1.92 and a beta of 0.62. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 2.66. The business has a 50-day simple moving average of $66.20 and a 200 day simple moving average of $65.99. The Kroger Co. has a 52 week low of $58.60 and a 52 week high of $76.58.

Kroger (NYSE:KR) last released its quarterly earnings results on Thursday, March 5th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.08. The firm had revenue of $34.73 billion for the quarter, compared to analysts’ expectations of $35.10 billion. Kroger had a return on equity of 41.08% and a net margin of 0.69%.The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.14 EPS. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. On average, research analysts forecast that The Kroger Co. will post 4.44 earnings per share for the current fiscal year.

Kroger Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be given a dividend of $0.35 per share. The ex-dividend date is Friday, May 15th. This represents a $1.40 annualized dividend and a yield of 1.9%. Kroger’s payout ratio is presently 91.50%.

Analyst Ratings Changes

Several brokerages have commented on KR. Wells Fargo & Company downgraded Kroger from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $70.00 to $68.00 in a research note on Wednesday, February 25th. Telsey Advisory Group upped their price target on Kroger from $80.00 to $82.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th. Wolfe Research reissued an “outperform” rating and issued a $75.00 price target on shares of Kroger in a report on Thursday, March 5th. Roth Mkm restated a “buy” rating and issued a $78.00 price objective (up from $75.00) on shares of Kroger in a research report on Friday, March 6th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Kroger from $73.00 to $71.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Kroger presently has an average rating of “Moderate Buy” and a consensus target price of $74.56.

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.