Royal Bank of Canada Sells 57,101 Shares of Grocery Outlet Holding Corp. $GO

Royal Bank of Canada lessened its holdings in Grocery Outlet Holding Corp. (NASDAQ:GO) by 62.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 33,888 shares of the company’s stock after selling 57,101 shares during the period. Royal Bank of Canada’s holdings in Grocery Outlet were worth $239,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of GO. Aster Capital Management DIFC Ltd lifted its position in shares of Grocery Outlet by 1,030.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock valued at $26,000 after buying an additional 2,308 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Grocery Outlet in the fourth quarter valued at approximately $35,000. State of Wyoming grew its holdings in Grocery Outlet by 96.9% in the fourth quarter. State of Wyoming now owns 7,886 shares of the company’s stock worth $80,000 after purchasing an additional 3,880 shares during the last quarter. Olympiad Research LP acquired a new position in shares of Grocery Outlet during the fourth quarter worth $101,000. Finally, Shay Capital LLC acquired a new position in shares of Grocery Outlet during the third quarter worth $160,000. 99.87% of the stock is owned by hedge funds and other institutional investors.

More Grocery Outlet News

Here are the key news stories impacting Grocery Outlet this week:

• Positive Sentiment: Higher full-year and long-term EPS forecasts: Zacks Research raised its FY2026 EPS estimate to $0.41 from $0.37 and its FY2028 estimate to $0.56 from $0.50. Estimates for Q1 2027 and Q1 2028 were also increased, suggesting analysts see potential for earnings improvement beyond the immediate outlook. Zacks Research estimate changes
• Positive Sentiment: Recent earnings beat supports sentiment: Grocery Outlet’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with EPS of $0.20 versus expectations of $0.13 and revenue of $1.19 billion versus $1.17 billion. However, revenue growth was modest at 1.1% year over year. Grocery Outlet earnings report
• Neutral Sentiment: Options activity is drawing attention: Recent movements in the options market have prompted investors to watch GO for a potential increase in volatility or a sharp move. Options positioning can signal heightened expectations, but it does not establish the direction of the stock’s next move. Is the Options Market Predicting a Spike in Grocery Outlet Holding Stock?
• Negative Sentiment: Near-term earnings estimates were reduced: Zacks cut its Q3 2026 EPS forecast to $0.11 from $0.16 and its Q3 2027 estimate to $0.16 from $0.18. These reductions indicate continued uncertainty about Grocery Outlet’s near-term profitability.
• Negative Sentiment: Retail-sector caution remains a risk: Recent market commentary notes that retailers are facing consumer price anxiety and pressure on discretionary spending. Grocery Outlet’s negative net margin and low quick ratio add to the importance of sustained operational improvement.

Insider Activity

In other Grocery Outlet news, insider Paul Blaine Miller bought 8,000 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was purchased at an average cost of $10.90 per share, for a total transaction of $87,200.00. Following the completion of the purchase, the insider owned 72,171 shares of the company’s stock, valued at $786,663.90. This trade represents a 12.47% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have bought 23,000 shares of company stock worth $228,400. 5.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

GO has been the subject of a number of research analyst reports. Weiss Ratings upgraded Grocery Outlet from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, August 13th. DA Davidson upped their price objective on shares of Grocery Outlet from $9.00 to $12.00 and gave the company a “neutral” rating in a report on Thursday, August 13th. Wells Fargo & Company increased their price objective on shares of Grocery Outlet from $9.00 to $11.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. Telsey Advisory Group reiterated a “market perform” rating on shares of Grocery Outlet in a research note on Thursday, August 13th. Finally, Morgan Stanley boosted their target price on shares of Grocery Outlet from $7.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Twelve investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $10.59.

Grocery Outlet Trading Up 4.0%

NASDAQ GO opened at $12.17 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.30 and a current ratio of 1.29. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of -3.14, a PEG ratio of 8.13 and a beta of 0.65. The firm has a 50 day simple moving average of $10.15 and a 200-day simple moving average of $8.79. Grocery Outlet Holding Corp. has a one year low of $5.66 and a one year high of $18.79.

Grocery Outlet (NASDAQ:GO) last posted its earnings results on Wednesday, August 12th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.07. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Grocery Outlet had a positive return on equity of 5.84% and a negative net margin of 8.04%.The business’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 earnings per share. Equities research analysts anticipate that Grocery Outlet Holding Corp. will post 0.42 EPS for the current fiscal year.

About Grocery Outlet

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.