Earned Wealth Advisors LLC Purchases New Holdings in The Kroger Co. $KR

Earned Wealth Advisors LLC acquired a new stake in shares of The Kroger Co. (NYSE:KR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 8,902 shares of the company’s stock, valued at approximately $556,000.

A number of other institutional investors also recently made changes to their positions in KR. CWM LLC boosted its stake in Kroger by 43.4% during the 3rd quarter. CWM LLC now owns 72,244 shares of the company’s stock valued at $4,870,000 after acquiring an additional 21,876 shares during the last quarter. Liberty One Investment Management LLC increased its position in shares of Kroger by 85.0% in the 3rd quarter. Liberty One Investment Management LLC now owns 857,667 shares of the company’s stock worth $57,828,000 after purchasing an additional 394,060 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Kroger by 45.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 855,810 shares of the company’s stock valued at $57,690,000 after purchasing an additional 267,434 shares in the last quarter. Mediolanum International Funds Ltd raised its stake in shares of Kroger by 401.3% in the 3rd quarter. Mediolanum International Funds Ltd now owns 19,470 shares of the company’s stock valued at $1,293,000 after purchasing an additional 15,586 shares in the last quarter. Finally, Money Concepts Capital Corp lifted its position in shares of Kroger by 64.7% during the third quarter. Money Concepts Capital Corp now owns 45,267 shares of the company’s stock worth $3,051,000 after purchasing an additional 17,777 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Kroger Price Performance

Shares of NYSE:KR opened at $67.90 on Tuesday. The company has a market cap of $41.60 billion, a PE ratio of 44.38, a P/E/G ratio of 1.81 and a beta of 0.55. The Kroger Co. has a fifty-two week low of $58.60 and a fifty-two week high of $76.58. The firm has a 50-day simple moving average of $70.66 and a 200 day simple moving average of $66.77. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 2.66.

Kroger (NYSE:KR) last issued its earnings results on Thursday, March 5th. The company reported $1.28 earnings per share (EPS) 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 analysts’ expectations of $35.10 billion. Kroger had a net margin of 0.69% and a return on equity of 41.08%. Kroger’s revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the company posted $1.14 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. On average, sell-side analysts anticipate that The Kroger Co. will post 5.24 EPS for the current year.

Kroger Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be given a dividend of $0.35 per share. The ex-dividend date is Friday, May 15th. This represents a $1.40 dividend on an annualized basis and a yield of 2.1%. Kroger’s payout ratio is currently 91.50%.

Analyst Ratings Changes

A number of research firms recently commented on KR. Wolfe Research reiterated an “outperform” rating and issued a $75.00 price target on shares of Kroger in a research note on Thursday, March 5th. BMO Capital Markets restated a “market perform” rating and set a $70.00 price objective on shares of Kroger in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft raised Kroger from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a report on Thursday, January 8th. Barclays reiterated a “positive” rating on shares of Kroger in a report on Monday, February 9th. Finally, Guggenheim reissued a “buy” rating and set a $78.00 price target on shares of Kroger in a research report on Tuesday, February 10th. Nine investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Kroger currently has an average rating of “Moderate Buy” 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.