Grocery Outlet Holding Corp. $GO Position Reduced by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its position in Grocery Outlet Holding Corp. (NASDAQ:GO) by 26.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,042,624 shares of the company’s stock after selling 1,112,406 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.08% of Grocery Outlet worth $21,448,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Aster Capital Management DIFC Ltd lifted its position in shares of Grocery Outlet by 1,030.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock valued at $26,000 after acquiring an additional 2,308 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Grocery Outlet during the 4th quarter worth approximately $35,000. State of Wyoming grew its position in Grocery Outlet by 96.9% during the 4th quarter. State of Wyoming now owns 7,886 shares of the company’s stock worth $80,000 after purchasing an additional 3,880 shares in the last quarter. Bayforest Capital Ltd raised its stake in Grocery Outlet by 427.0% during the 4th quarter. Bayforest Capital Ltd now owns 9,465 shares of the company’s stock valued at $96,000 after purchasing an additional 7,669 shares during the period. Finally, Olympiad Research LP acquired a new stake in Grocery Outlet during the 4th quarter valued at $101,000. 99.87% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on GO. Weiss Ratings cut Grocery Outlet from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, July 30th. DA Davidson upped their price target on Grocery Outlet from $7.00 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Wells Fargo & Company increased their price objective on Grocery Outlet from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 14th. Finally, TD Cowen raised their price objective on Grocery Outlet from $6.00 to $8.00 and gave the stock a “hold” rating in a research report on Thursday, May 14th. Eleven analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $9.65.

Insider Buying and Selling

In other news, insider Paul Blaine Miller bought 10,000 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were bought at an average cost of $9.37 per share, with a total value of $93,700.00. Following the transaction, the insider directly owned 59,171 shares in the company, valued at approximately $554,432.27. This trade represents a 20.34% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 5.60% of the stock is owned by company insiders.

Grocery Outlet Stock Down 1.7%

GO stock opened at $9.69 on Friday. The company has a 50 day moving average of $9.46 and a two-hundred day moving average of $8.62. The company has a market cap of $958.53 million, a price-to-earnings ratio of -2.50, a PEG ratio of 15.55 and a beta of 0.65. Grocery Outlet Holding Corp. has a 12-month low of $5.66 and a 12-month high of $19.41. The company has a quick ratio of 0.27, a current ratio of 1.28 and a debt-to-equity ratio of 0.59.

Grocery Outlet (NASDAQ:GO) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. Grocery Outlet had a negative net margin of 8.08% and a positive return on equity of 5.69%. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the company posted $0.13 EPS. Grocery Outlet’s revenue was up 3.6% on a year-over-year basis. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. On average, equities analysts anticipate that Grocery Outlet Holding Corp. will post 0.37 earnings per share for the current fiscal year.

Grocery Outlet Profile

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.