Achmea Investment Management B.V. Has $36.68 Million Stake in The Kroger Co. $KR

Achmea Investment Management B.V. lifted its stake in The Kroger Co. (NYSE:KR) by 16.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 544,175 shares of the company’s stock after acquiring an additional 78,281 shares during the period. Achmea Investment Management B.V. owned 0.08% of Kroger worth $36,682,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Avalon Trust Co bought a new stake in shares of Kroger during the 3rd quarter worth $29,000. Vermillion & White Wealth Management Group LLC increased its stake in shares of Kroger by 87.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 445 shares of the company’s stock worth $32,000 after purchasing an additional 208 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Kroger during the 2nd quarter worth about $33,000. JPL Wealth Management LLC bought a new stake in Kroger during the 3rd quarter valued at approximately $31,000. Finally, Westside Investment Management Inc. boosted its stake in Kroger by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 490 shares of the company’s stock valued at $33,000 after purchasing an additional 245 shares during the period. Institutional investors own 80.93% of the company’s stock.

Kroger Price Performance

Shares of NYSE KR opened at $74.11 on Wednesday. The business has a fifty day moving average price of $66.96 and a two-hundred day moving average price of $66.09. The stock has a market capitalization of $46.90 billion, a PE ratio of 48.44, a P/E/G ratio of 1.98 and a beta of 0.62. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.80 and a quick ratio of 0.42. The Kroger Co. has a fifty-two week low of $58.60 and a fifty-two week high of $76.58.

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

Kroger Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, May 15th. Kroger’s dividend payout ratio (DPR) is currently 91.50%.

Analyst Ratings Changes

Several research analysts have commented on KR shares. Deutsche Bank Aktiengesellschaft raised Kroger from a “hold” rating to a “buy” rating and set a $75.00 price target on the stock in a research report on Thursday, January 8th. Wells Fargo & Company downgraded shares of Kroger from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $70.00 to $68.00 in a research note on Wednesday, February 25th. UBS Group reaffirmed a “neutral” rating and set a $70.00 target price (down from $74.00) on shares of Kroger in a research report on Friday, December 5th. Barclays reiterated a “positive” rating on shares of Kroger in a research note on Monday, February 9th. Finally, Wall Street Zen lowered shares of Kroger from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kroger has a consensus rating of “Moderate Buy” and a consensus target price of $74.56.

Kroger Company 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.