Drake & Associates LLC Has $1.67 Million Position in The Kroger Co. $KR

Drake & Associates LLC reduced its stake in shares of The Kroger Co. (NYSE:KR) by 29.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,714 shares of the company’s stock after selling 11,202 shares during the period. Drake & Associates LLC’s holdings in Kroger were worth $1,669,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of KR. Connor Clark & Lunn Investment Management Ltd. grew its stake in 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 buying an additional 267,434 shares during the last quarter. Westpac Banking Corp lifted its position in Kroger by 126.2% during the 3rd quarter. Westpac Banking Corp now owns 35,667 shares of the company’s stock worth $2,404,000 after acquiring an additional 19,898 shares during the last quarter. American Century Companies Inc. boosted its holdings in Kroger by 16.2% during the third quarter. American Century Companies Inc. now owns 2,063,474 shares of the company’s stock valued at $139,099,000 after acquiring an additional 287,755 shares during the period. Te Ahumairangi Investment Management Ltd boosted its holdings in Kroger by 18.1% during the third quarter. Te Ahumairangi Investment Management Ltd now owns 150,356 shares of the company’s stock valued at $10,135,000 after acquiring an additional 23,027 shares during the period. Finally, Jupiter Asset Management Ltd. acquired a new stake in shares of Kroger in the third quarter valued at about $49,780,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. UBS Group reiterated a “neutral” rating on shares of Kroger in a research note on Wednesday, June 10th. Wells Fargo & Company downgraded Kroger from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $70.00 to $68.00 in a research note on Wednesday, February 25th. Wall Street Zen raised Kroger from a “hold” rating to a “buy” rating in a report on Saturday, April 4th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Kroger in a research report on Monday, June 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Kroger in a research report on Friday, March 27th. Nine investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $74.67.

Kroger News Summary

Here are the key news stories impacting Kroger this week:

• Positive Sentiment: Revenue beat estimates and identical sales excluding fuel rose 1.0%, showing Kroger still has steady demand for groceries and essentials. Reuters: Kroger beats quarterly sales estimates
• Positive Sentiment: eCommerce grew 19% and became profitable, while the media segment also turned profitable, which supports longer-term growth. Yahoo Finance: Kroger Q1 2026 Earnings Call Highlights
• Positive Sentiment: Kroger reaffirmed full-year guidance, suggesting management still expects the business to stay on track despite a tougher consumer backdrop. Yahoo Finance: Kroger Delivers Revenue Beat While Reaffirming Full-Year Outlook
• Neutral Sentiment: New CEO Greg Foran emphasized store improvements and broader price investments, which could help traffic but require execution and time to show up in results. WSJ: Kroger’s New CEO Wants Better Stores and More of Them
• Negative Sentiment: EPS missed by a penny, and investors appear to be punishing the stock for even a small earnings miss in a low-growth retail environment. Zacks: Kroger Q1 Earnings Miss Estimates
• Negative Sentiment: Margin pressure and rising operating costs are the main concern, especially as Kroger uses price cuts to defend market share. MSN: Kroger seeing costs outrun sales growth

Kroger Stock Down 8.5%

NYSE KR opened at $56.57 on Friday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.42 and a current ratio of 0.80. The firm has a 50-day simple moving average of $65.80 and a 200 day simple moving average of $66.40. The Kroger Co. has a twelve month low of $56.32 and a twelve month high of $76.58. The stock has a market cap of $34.65 billion, a PE ratio of 36.97, a PEG ratio of 1.74 and a beta of 0.42.

Kroger (NYSE:KR) last issued its quarterly earnings results on Thursday, June 18th. The company reported $1.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.01). The firm had revenue of $46.12 billion for the quarter, compared to the consensus estimate of $45.59 billion. Kroger had a net margin of 0.69% and a return on equity of 41.08%. The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 earnings per share. Kroger has set its FY 2026 guidance at 5.100-5.30 EPS. On average, research analysts forecast that The Kroger Co. will post 5.25 EPS for the current year.

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.