Kroger
About: Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company boasts an ingrained presence in US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its own food production plants. The firm also operates fuel stations and pharmacies at 60% and 80% of its locations, respectively.
Employees: 414,000
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
56% more call options, than puts
Call options by funds: $467M | Put options by funds: $300M
45% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 91
11% more capital invested
Capital invested by funds: $29.7B [Q2] → $33B (+$3.26B) [Q3]
11% more repeat investments, than reductions
Existing positions increased: 459 | Existing positions reduced: 414
2% more funds holding
Funds holding: 1,153 [Q2] → 1,178 (+25) [Q3]
2.76% less ownership
Funds ownership: 82.49% [Q2] → 79.73% (-2.76%) [Q3]
18% less funds holding in top 10
Funds holding in top 10: 11 [Q2] → 9 (-2) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$56
4%
downside
Avg. target
$68
16%
upside
High target
$75
29%
upside
10 analyst ratings
6 positive
60%
4 neutral
40%
0 negative
0%
JP Morgan Ken Goldman 27% 1-year accuracy 3 / 11 met price target | 22%upside $71 | Overweight Maintained | 6 Jan 2025 |
Telsey Advisory Group Joseph Feldman 52% 1-year accuracy 85 / 164 met price target | 20%upside $70 | Outperform Maintained | 23 Dec 2024 |
B of A Securities Robert Ohmes 74% 1-year accuracy 14 / 19 met price target | 29%upside $75 | Buy Maintained | 20 Dec 2024 |
Guggenheim John Heinbockel 42% 1-year accuracy 5 / 12 met price target | 17%upside $68 | Buy Initiated | 19 Dec 2024 |
UBS Michael Lasser 57% 1-year accuracy 20 / 35 met price target | 13%upside $66 | Neutral Maintained | 12 Dec 2024 |
Financial journalist opinion
Based on 16 articles about KR published over the past 30 days
Neutral
Business Wire
3 days ago
SDI Realty, Nexus Real Estate Co. Partner to Develop Kroger-Anchored Shopping Center in North Fort Worth
FORT WORTH, Texas--(BUSINESS WIRE)--Davidson Bogel Real Estate (“DB2RE”) is pleased to announce a new retail shopping center anchored by Kroger (NYSE: KR) in northwest Fort Worth. Houston-based real estate developer, SDI Realty, partnered with Nexus Real Estate Co. to purchase the land. The property is located in northwest Fort Worth, and is surrounded by several new single-family communities. The land was owned by Miami-based Lennar Homes (NYSE: LEN), where they are currently developing a sing.
Neutral
Business Wire
3 days ago
Kroger Acquires Land in Fast-Growing Suburb for New Store
LITTLE ELM, Texas--(BUSINESS WIRE)--Davidson Bogel Real Estate (“DB2RE”) is proud to announce its successful representation of Kroger (NYSE: KR) in the acquisition of a 14-acre property in Little Elm, Texas from local investment firm Dollar-Flowers Realty Partners. The 14-acre site, located at US 380 and FM 2931, in one of the fastest-growing communities in North Texas, allows for Kroger to enhance its retail presence and serve the expanding population of Little Elm and surrounding areas with q.
Neutral
Seeking Alpha
5 days ago
Kroger: Potential To Be A Future Dividend Giant
Kroger: Potential To Be A Future Dividend Giant
Neutral
PRNewsWire
6 days ago
Build the Perfect Bowl with Fresh Ingredients at Kroger
Retailer shares build-your-own bowl recipes for easy meal solutions CINCINNATI , Jan. 14, 2025 /PRNewswire/ -- The Kroger Co. (NYSE:KR) today shared its simple guide to building the perfect bowl recipe, including extra veggies and a variety of proteins and grains for easy, hearty winter meal solutions. "Bowls are a perfect template for a fresh and hearty meal that are easy to prep ahead of time for a lunch away from home or no hassle dinner," said Carlo Baldan, group vice president of Fresh Merchandising at Kroger.
Positive
Market Watch
6 days ago
These two-dozen value stocks are poised to lead the stock market
Investors are realizing that they no longer can count on lower interest rates and inflation to support higher stock and bond prices.
Neutral
PRNewsWire
1 week ago
Kroger Health Expands Prescription Drug Safety Education Program to Reach More Than 470 Schools Across the United States
Program teaches teens how to spot signs of prescription drug misuse and abuse CINCINNATI , Jan. 13, 2025 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR), today announced the expansion of the company's prescription drug safety program for high school students, Prescription Drug Safety: Know the truth. This initiative is part of Kroger Health's ongoing commitment to helping people live healthier lives by raising awareness about the safe use, storage and disposal of prescription medications.
Neutral
Zacks Investment Research
1 week ago
Kroger (KR) Advances While Market Declines: Some Information for Investors
Kroger (KR) closed at $59.12 in the latest trading session, marking a +0.37% move from the prior day.
Neutral
PRNewsWire
1 week ago
The Kroger Family of Companies Pledging $1M to Support Families Impacted by Southern California Wildfires
CINCINNATI , Jan. 10, 2025 /PRNewswire/ -- The Kroger Family of Companies (NYSE:KR), including southern California's Ralphs and Food4Less stores, today announced a commitment to raise $1 million for families impacted by the devastating wildfires impacting the Los Angeles region. "We strive to fulfill our purpose, to Feed the Human Spirit, every day, and especially when disaster strikes," said Rodney McMullen, Chairman and CEO of Kroger.
Negative
Reuters
1 week ago
Kroger to pay $110 million to resolve Kentucky lawsuit over opioid epidemic
Kroger has agreed to pay $110 million to resolve a lawsuit by the state of Kentucky alleging the supermarket chain's pharmacies helped fuel a deadly opioid epidemic by flooding its communities with hundreds of millions of doses of addictive painkillers.
Neutral
PRNewsWire
1 week ago
Simple Truth's® Resolution Rescue Bundles Make Keeping New Year's Resolutions Easier Than Ever
Exclusively available at the Kroger Family of Stores, Simple Truth® introduces six limited-time bundles designed to help customers survive Quitter's Day and maintain their better-eating resolutions. CINCINNATI , Jan. 7, 2025 /PRNewswire/ -- Each year, more than half The Kroger Co. (NYSE: KR) customers set New Year's resolutions, but staying committed to those resolutions takes a lot of effort.
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