Dakota Wealth Management Has $1.40 Million Stake in The Kroger Co. $KR

Dakota Wealth Management grew its holdings in The Kroger Co. (NYSE:KR) by 44.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,329 shares of the company’s stock after purchasing an additional 6,882 shares during the quarter. Dakota Wealth Management’s holdings in Kroger were worth $1,395,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Parsons Capital Management Inc. RI boosted its stake in Kroger by 1.3% during the 4th quarter. Parsons Capital Management Inc. RI now owns 15,756 shares of the company’s stock valued at $984,000 after purchasing an additional 195 shares during the period. NatWest Group plc increased its position in Kroger by 5.1% in the 4th quarter. NatWest Group plc now owns 107,212 shares of the company’s stock worth $6,699,000 after buying an additional 5,187 shares during the period. Norden Group LLC lifted its holdings in shares of Kroger by 7.1% during the fourth quarter. Norden Group LLC now owns 6,087 shares of the company’s stock worth $380,000 after buying an additional 404 shares during the last quarter. Wynn Capital LLC lifted its holdings in shares of Kroger by 6.2% during the fourth quarter. Wynn Capital LLC now owns 4,961 shares of the company’s stock worth $310,000 after buying an additional 290 shares during the last quarter. Finally, Sax Wealth Advisors LLC bought a new stake in shares of Kroger in the fourth quarter valued at approximately $303,000. 80.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on KR. BMO Capital Markets restated a “market perform” rating and issued a $70.00 price objective on shares of Kroger in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft raised shares of Kroger from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a report on Thursday, January 8th. Barclays restated a “positive” rating on shares of Kroger in a research report on Monday, February 9th. Weiss Ratings restated a “hold (c)” rating on shares of Kroger in a report on Monday, December 29th. Finally, Citigroup increased their target price on shares of Kroger from $68.00 to $71.00 and gave the company a “neutral” rating in a research note on Monday, March 9th. Eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.56.

Kroger Stock Performance

Shares of NYSE KR opened at $73.14 on Friday. The firm has a market capitalization of $46.29 billion, a price-to-earnings ratio of 47.80, a PEG ratio of 1.95 and a beta of 0.62. The Kroger Co. has a one year low of $58.60 and a one year high of $76.58. The business has a fifty day simple moving average of $68.78 and a 200 day simple moving average of $66.35. The company has a current ratio of 0.80, a quick ratio of 0.42 and a debt-to-equity ratio of 2.66.

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

Kroger Dividend Announcement

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

Kroger Profile

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.