Coldstream Capital Management Inc. Boosts Stock Position in The Kroger Co. $KR

Coldstream Capital Management Inc. boosted its holdings in shares of The Kroger Co. (NYSE:KR) by 151.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,929 shares of the company’s stock after purchasing an additional 28,901 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Kroger were worth $3,231,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of KR. Avalon Trust Co purchased a new position in shares of Kroger in the 3rd quarter worth $29,000. JPL Wealth Management LLC purchased a new position in Kroger in the third quarter worth about $31,000. Vermillion & White Wealth Management Group LLC raised its position in Kroger by 87.8% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 445 shares of the company’s stock valued at $32,000 after purchasing an additional 208 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Kroger in the 2nd quarter valued at approximately $33,000. Finally, Westside Investment Management Inc. boosted its holdings in shares of Kroger by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 490 shares of the company’s stock worth $33,000 after purchasing an additional 245 shares during the period. Institutional investors own 80.93% of the company’s stock.

Kroger Stock Performance

Shares of Kroger stock opened at $73.26 on Thursday. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 2.66. The stock’s fifty day moving average is $67.24 and its two-hundred day moving average is $66.14. The Kroger Co. has a 52 week low of $58.60 and a 52 week high of $76.58. The company has a market capitalization of $46.36 billion, a PE ratio of 47.88, a price-to-earnings-growth ratio of 1.97 and a beta of 0.62.

Kroger (NYSE:KR) last released its earnings results on Thursday, March 5th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.08. The business had revenue of $34.73 billion during the quarter, compared to the consensus estimate of $35.10 billion. Kroger had a return on equity of 41.08% and a net margin of 0.69%.The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period last year, the company earned $1.14 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. As a group, analysts expect that The Kroger Co. will post 4.44 earnings per share 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 issued 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 1.9%. Kroger’s dividend payout ratio (DPR) is presently 91.50%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. BMO Capital Markets restated a “market perform” rating and set a $70.00 price target on shares of Kroger in a report on Thursday, March 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kroger in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft raised shares of Kroger from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a research note on Thursday, January 8th. Wells Fargo & Company downgraded shares of Kroger from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $70.00 to $68.00 in a report on Wednesday, February 25th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $82.00 price objective on shares of Kroger 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.56.

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.