Financial Planning Hawaii Inc. Takes Position in The Kroger Co. $KR

Financial Planning Hawaii Inc. bought a new stake in The Kroger Co. (NYSE:KR) in the fourth quarter, HoldingsChannel.com reports. The fund bought 12,975 shares of the company’s stock, valued at approximately $811,000.

Other large investors also recently bought and sold shares of the company. Wellington Management Group LLP raised its stake in Kroger by 61.1% during the third quarter. Wellington Management Group LLP now owns 33,367,551 shares of the company’s stock valued at $2,249,307,000 after purchasing an additional 12,652,261 shares in the last quarter. Allianz Asset Management GmbH grew its stake in shares of Kroger by 66.6% in the 3rd quarter. Allianz Asset Management GmbH now owns 5,255,084 shares of the company’s stock worth $354,245,000 after buying an additional 2,100,444 shares in the last quarter. Worldquant Millennium Advisors LLC increased its holdings in shares of Kroger by 299.6% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 2,420,495 shares of the company’s stock worth $173,622,000 after buying an additional 1,814,721 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Kroger by 95.6% during the 2nd quarter. Raymond James Financial Inc. now owns 2,434,663 shares of the company’s stock valued at $174,638,000 after buying an additional 1,190,127 shares in the last quarter. Finally, Alyeska Investment Group L.P. raised its position in shares of Kroger by 51.0% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,991,513 shares of the company’s stock valued at $201,658,000 after buying an additional 1,010,457 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Kroger Price Performance

KR stock opened at $73.67 on Tuesday. The stock has a market cap of $46.62 billion, a PE ratio of 48.15, a P/E/G ratio of 1.95 and a beta of 0.62. The Kroger Co. has a 12 month low of $58.60 and a 12 month high of $76.58. The company has a 50-day moving average price of $68.98 and a 200 day moving average price of $66.39. 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 data 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 company had revenue of $34.73 billion for the quarter, compared to analyst estimates of $35.10 billion. Kroger had a net margin of 0.69% and a return on equity of 41.08%. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.14 EPS. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. Equities research analysts anticipate that The Kroger Co. will post 4.44 earnings per share for the current year.

Kroger Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend 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%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KR. Weiss Ratings reiterated a “hold (c)” rating on shares of Kroger in a research report on Friday. Citigroup upped their price objective on Kroger from $68.00 to $71.00 and gave the company a “neutral” rating in a research report on Monday, March 9th. Telsey Advisory Group raised their price objective on Kroger from $80.00 to $82.00 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft upgraded Kroger from a “hold” rating to a “buy” rating and set a $75.00 target price for the company in a report on Thursday, January 8th. Finally, Morgan Stanley set a $73.00 target price on Kroger and gave the company an “equal weight” rating in a research report on Thursday, March 5th. Eight investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, 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.