iA Global Asset Management Inc. Sells 39,180 Shares of The Kroger Co. $KR

iA Global Asset Management Inc. cut its holdings in shares of The Kroger Co. (NYSE:KR) by 55.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,299 shares of the company’s stock after selling 39,180 shares during the period. iA Global Asset Management Inc.’s holdings in Kroger were worth $1,956,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KR. Wellington Management Group LLP lifted its holdings in Kroger by 61.1% during the third quarter. Wellington Management Group LLP now owns 33,367,551 shares of the company’s stock worth $2,249,307,000 after acquiring an additional 12,652,261 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in Kroger by 66.6% during the third quarter. Allianz Asset Management GmbH now owns 5,255,084 shares of the company’s stock worth $354,245,000 after acquiring an additional 2,100,444 shares in the last quarter. Worldquant Millennium Advisors LLC lifted its holdings in Kroger by 299.6% during the second quarter. Worldquant Millennium Advisors LLC now owns 2,420,495 shares of the company’s stock worth $173,622,000 after acquiring an additional 1,814,721 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Kroger by 95.6% during the second quarter. Raymond James Financial Inc. now owns 2,434,663 shares of the company’s stock worth $174,638,000 after acquiring an additional 1,190,127 shares in the last quarter. Finally, Alyeska Investment Group L.P. raised its stake in shares of Kroger by 51.0% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,991,513 shares of the company’s stock valued at $201,658,000 after purchasing an additional 1,010,457 shares during the period. 80.93% of the stock is currently owned by institutional investors.

Kroger Stock Performance

KR opened at $68.24 on Tuesday. The business’s 50-day moving average price is $69.93 and its two-hundred day moving average price is $66.64. The Kroger Co. has a 1 year low of $58.60 and a 1 year high of $76.58. The company has a market capitalization of $41.80 billion, a price-to-earnings ratio of 44.60, a P/E/G ratio of 1.76 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 released its earnings results on Thursday, March 5th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.08. The business 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%.Kroger’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter 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 expect that The Kroger Co. will post 5.24 EPS for the current fiscal year.

Kroger Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be given a $0.35 dividend. The ex-dividend date of this dividend 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 currently 91.50%.

More Kroger News

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wall Street Zen raised Kroger from a “hold” rating to a “buy” rating in a research note on Saturday, April 4th. Roth Mkm reissued a “buy” rating and issued a $78.00 price target (up from $75.00) on shares of Kroger in a research note on Friday, March 6th. Jefferies Financial Group reissued a “buy” rating and issued a $82.00 price target on shares of Kroger in a research note on Thursday, March 5th. Barclays reissued a “positive” rating on shares of Kroger in a research note on Monday, February 9th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $70.00 price target on shares of Kroger in a research note on Thursday, March 5th. Eight research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” 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.