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
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 (+$3.27B) [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: 82.5% [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
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Telsey Advisory Group Joseph Feldman 57% 1-year accuracy 95 / 167 met price target | 12%upside $73 | Outperform Maintained | 13 Feb 2025 |
Guggenheim John Heinbockel 57% 1-year accuracy 8 / 14 met price target | 9%upside $71 | Buy Maintained | 7 Feb 2025 |
Evercore ISI Group Michael Montani 82% 1-year accuracy 14 / 17 met price target | 15%upside $75 | Outperform Maintained | 6 Feb 2025 |
Goldman Sachs Leah Jordan 80% 1-year accuracy 8 / 10 met price target | 7%upside $70 | Buy Reinstated | 4 Feb 2025 |
Citigroup Paul Lejuez 59% 1-year accuracy 23 / 39 met price target | 6%downside $61 | Neutral Reinstated | 24 Jan 2025 |
Financial journalist opinion
Based on 28 articles about KR published over the past 30 days









