14,212 The Kroger Co. $KR Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. raised its position in The Kroger Co. (NYSE:KR – Free Report) by 34.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,621 shares of the company’s stock after buying an additional 14,212 shares during the period. Vise Technologies Inc.’s holdings in Kroger were worth $3,260,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC acquired a new stake in Kroger in the 1st quarter valued at about $27,000. North Point Portfolio Managers Corp OH acquired a new position in shares of Kroger during the third quarter worth approximately $30,000. Axiom Investment Management LLC bought a new stake in shares of Kroger during the first quarter valued at approximately $31,000. Cedar Mountain Advisors LLC bought a new stake in shares of Kroger during the first quarter valued at approximately $33,000. Finally, GK Wealth Management LLC acquired a new stake in shares of Kroger in the third quarter valued at approximately $33,000. 80.93% of the stock is owned by institutional investors.

Kroger Stock Performance

Shares of Kroger stock opened at $68.99 on Thursday. The stock’s fifty day simple moving average is $61.21 and its 200 day simple moving average is $63.68. The company has a current ratio of 0.70, a quick ratio of 0.31 and a debt-to-equity ratio of 2.59. The company has a market capitalization of $40.75 billion, a PE ratio of 13.36, a PEG ratio of 1.88 and a beta of 0.36. The Kroger Co. has a 12 month low of $54.15 and a 12 month high of $76.58.

Kroger (NYSE:KR – Get Free Report) last released its quarterly earnings results on Friday, September 11th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.04. Kroger had a return on equity of 49.90% and a net margin of 0.73%. The firm had revenue of $34.62 billion for the quarter, compared to the consensus estimate of $34.64 billion. During the same quarter last year, the business posted $1.04 EPS. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. On average, research analysts predict that The Kroger Co. will post 5.20 EPS for the current year.

Kroger Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.56 dividend on an annualized basis and a yield of 2.3%. Kroger’s payout ratio is currently 84.78%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on KR shares. UBS Group set a $66.00 price objective on shares of Kroger and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. Citigroup reissued a “neutral” rating and issued a $57.00 target price (down from $61.00) on shares of Kroger in a research note on Tuesday, September 1st. Telsey Advisory Group dropped their target price on Kroger from $78.00 to $75.00 and set an “outperform” rating for the company in a research report on Monday, September 14th. Guggenheim reaffirmed a “buy” rating and set a $68.00 price target (up from $66.00) on shares of Kroger in a research note on Wednesday, October 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $70.00 price target on shares of Kroger in a report on Wednesday, October 21st. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Kroger presently has a consensus rating of “Moderate Buy” and an average price target of $70.35.

Read Our Latest Stock Analysis on Kroger

Insider Transactions at Kroger

In other news, EVP Mary Adcock sold 72,901 shares of the stock in a transaction on Friday, September 18th. The stock was sold at an average price of $60.70, for a total transaction of $4,425,090.70. Following the sale, the executive vice president directly owned 175,233 shares of the company’s stock, valued at approximately $10,636,643.10. This represents a 29.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is owned by corporate insiders.

Kroger Company Profile

(Free Report)

The Kroger Co is a U.S. food and grocery retailer headquartered in Cincinnati, Ohio. Founded by Bernard Kroger in 1883, the company operates supermarkets under banners that include Kroger, Ralphs, Fred Meyer, King Soopers, Fry’s, Harris Teeter and Smith’s, among others.

Kroger’s business includes the sale of fresh food, groceries, general merchandise, household products and health and beauty items. Many of its stores also provide pharmacy services and fuel centers. The company offers digital shopping, pickup and delivery services, loyalty programs and a range of private-label products, including Simple Truth, Private Selection and Kroger-branded products.

Kroger primarily serves customers across the United States, with stores concentrated in the Midwest, South, West and parts of the Mid-Atlantic region.

See Also

Institutional Ownership by Quarter for Kroger (NYSE:KR)

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