Who owns the most stock in Kroger?
Kroger is owned by 79.07% institutional shareholders, 1.70% Kroger Co insiders, and 19.23% retail investors. W. Rodney McMullen is the largest shareholder, owning 3.42M shares or around 0.48% of the company. The largest institutional investor is the Vanguard Group, which owns around 10% of the company.
Company | Shares | % Out |
---|---|---|
The Vanguard Group, Inc. | 82,693,389 | 11.52 |
BlackRock, Inc. | 63,391,900 | 8.83 |
Berkshire Hathaway Inc. | 50,000,000 | 6.97 |
State Street Global Advisors, Inc. | 33,653,551 | 4.69 |
Kroger is owned by 79.07% institutional shareholders, 1.70% Kroger Co insiders, and 19.23% retail investors. W. Rodney McMullen is the largest shareholder, owning 3.42M shares or around 0.48% of the company. The largest institutional investor is the Vanguard Group, which owns around 10% of the company.
Kroger is not owned by hedge funds. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 11% of shares outstanding. With 9.2% and 7.0% of the shares outstanding respectively, BlackRock, Inc.
Number of shares outstanding as of July 2023 : 717,000,000
According to Kroger's latest financial reports and stock price the company's current number of shares outstanding is 717,000,000. At the end of 2023 the company had 717,000,000 shares outstanding.
Name | Equities | % |
---|---|---|
The Vanguard Group, Inc. 10.74 % | 77,067,081 | 10.74 % |
Geode Capital Management LLC 1.776 % | 12,748,460 | 1.776 % |
Sanders Capital LLC 1.757 % | 12,608,464 | 1.757 % |
Capital International Ltd. 1.446 % | 10,381,072 | 1.446 % |
BlackRock, Inc., holds 3.60% of Walmart shares, worth about $13.6 billion. BlackRock, Inc., is a multinational investment company in New York City. It is the largest asset manager in the world, with about $10 trillion worth of assets as of January 2022.
Walmart is the largest supermarket chain in the United States, and indeed the world, with a *global turnover of $611.3 billion (€556.45 billion) in 2022. The group operates more than 10,500 stores globally, while in the US its banners include Walmart, Walmart Supercenter, and Sam's Club.
“Our merger with Albertsons provides meaningful, measurable benefits to America's consumers, associates of both companies and the communities we serve,” Kroger said in a statement.
In October 2022, Kroger and Albertsons announced that both companies' respective boards had voted to approve a merger. If the merger is completed in 2024 as its executives expect, Kroger-Albertsons would be the second-largest grocery retail chain in the country, right behind Walmart.
What company does BlackRock own the most of?
As expected, BlackRock's top equity holdings include America's most established tech companies: Apple, Microsoft, Amazon, and Google. BlackRock also has large positions in Nvidia and Broadcom, which happen to be America's two largest semiconductor companies.
BlackRock remained the largest firm overall, with $8.59 trillion in total assets globally vs. Vanguard's $7.25 trillion, and has a much larger presence with clients such as government-sponsored retirement plans and sovereign wealth funds.
Unlike other investment management companies, we don't have shareholders or a private ownership group. Vanguard is the only investment management company owned by its investors*—you and more than 50 million Vanguard investors worldwide. That keeps us consistently focused on investor needs first.
Warren Buffett acquired 50 Million Kroger shares worth $2.43 Billion. That's 0.67% of their equity portfolio (15th largest holding). The investor owns 7.04% of the outstanding Kroger stock. Warren Buffett started to build up the position in Kroger in Q4 2019 and continued to invest until Q2 2021.
KR Stock Forecast FAQ
Kroger Company has 8.17% upside potential, based on the analysts' average price target. Kroger Company has a conensus rating of Moderate Buy which is based on 6 buy ratings, 5 hold ratings and 0 sell ratings. The average price target for Kroger Company is $51.91.
Stock Price Forecast
The 17 analysts offering 12-month price forecasts for Kroger Co have a median target of 52.00, with a high estimate of 65.00 and a low estimate of 42.00.
While Walmart ($499.65 billion in 2022 U.S. retail sales), Amazon ($232.46 billion) and Costco ($164.15 billion) repeated in the top three spots from a year ago, Kroger ($147.62 billion) this year climbed one slot to No. 4, pushing The Home Depot ($145.94 billion) down a space to No.
Largest U.S. grocers by market share, 2022
Costco and Kroger are the second- and third-most-popular grocers, with 7.1% and 5.6% of the market share, respectively.
Founded in 1883 in Cincinnati, Ohio (where it is still headquartered), by Bernard Kroger, The Kroger Co. has become the largest supermarket chain in the United States and the second largest overall retailer, only behind the retailing giant, Walmart.
BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson to provide institutional clients with asset management services from a risk management perspective.
Does Warren Buffett own Walmart?
There's one key difference for Buffett now, though: Walmart isn't in Berkshire's portfolio. However, New England Asset Management, a subsidiary of Berkshire, does own shares of the discount retailer.
Is Walmart owned by China? No, Walmart is not owned by China, nor has it been sold to a Chinese investment group. According to USA TODAY fact check, a claim that Walmart had been sold to a Chinese firm was proven false.
Largest Food Retailers Research Summary
The largest food retailer in the world is Walmart, with a revenue of $573 billion and a net income of $13.94 billion. As of 2022, the global food & grocery retail market has a market size of $14.78 trillion.
Erewhon, which is said to be America's priciest grocery store, is frequented by a host of celebrities including musicians, authors, and the Kardashians. But don't expect to find typical grocery store prices.
- Walmart. 2022 Annual Revenue: $572.75 billion. ...
- Amazon. 2022 Annual Revenue: $513.98 billion. ...
- CVS Health. 2022 Annual Revenue: $322.46 billion. ...
- Costco Wholesale. 2022 Annual Revenue: $226.95 billion. ...
- Kroger. ...
- Walgreens Boots Alliance. ...
- Target. ...
- Sam's Club.
Perhaps no other retailer can match the dizzying growth of Aldi. The German-owned discount chain is America's fastest-growing grocer right now, with plans to open 120 new U.S. stores this year, according to Winsight Grocery Business. The retailer opened seven stores this past June and at least three more in July.
Albertsons is the second-largest supermarket company, owning 2,300 stores and employing 290,000 people. Kroger is the largest supermarket operator in the U.S., with more than 2,700 stores and 450,000 employees and owns other supermarket chains like Harris Teeter, Fred Meyer and Ralphs.
A day after it met with investors in New York, Kroger unveils a new logo and tagline. The company says it will keep the names of its local banners, like Ralphs, but wants a universal slogan to tie everything together.
Kroger announced in October that it would merge with Albertsons Companies, Inc. in a nearly $25 billion deal that is aimed at making the company more competitive with other giants like Walmart and Costco.
The Kroger Co. operates grocery retail stores under the following banners: Supermarkets – Kroger, Ralphs, Dillons, Smith's, King Soopers, Fry's, QFC, City Market, Owen's, Jay C, Pay Less, Baker's, Gerbes, Harris Teeter, Pick 'n Save, Metro Market, Mariano's. Multi-department stores – Fred Meyer.
What companies has Kroger bought?
- Baker's.
- City Market.
- Dillons.
- Food 4 Less.
- Foods Co.
- Fred Meyer.
- Fry's.
- Gerbes.
BlackRock, too, is a massive Tesla shareholder (ranked No. 3). It owns more than 178 million shares, or 5.6% of the shares outstanding. That's a 5.6% stake in the company.
New York-based BlackRock is the first foreign-owned company allowed by Beijing to operate a wholly-owned business in China's burgeoning mutual fund industry. The firm launched the mutual fund and a series of other investment products for Chinese consumers on Aug. 30.
For example, BlackRock owns 6.9% of Facebook, 6.45% of Coca Cola, 5.7% of Amazon, 6.4% of LockHeed Martin, 6% of Philip Morris, and 6.5% of Chevron.
BlackRock and Vanguard are the world's largest asset managers with a combined R309 trillion in assets under management (AUM), and they own stakes in most of the world's biggest businesses.
BlackRock is one of the four horsem*n of the global economy, along with Fidelity, Vanguard, and State Street. They are infamous for owning most of the world's major companies and media outlets, making it almost impossible to conduct any economic transaction without encountering them.
“Vanguard and BlackRock are the top two owners of Time Warner, Comcast, Disney and News Corp, four of the six media companies that control more than 90% of the U.S. media landscape,” Together, BlackRock and Vanguard own 18% of Fox, 16% of CBS, 13% of Comcast --which owns NBC, MSNBC, CNBC, The Sky media group, 12% of ...
Fidelity and Vanguard are two of the largest investment companies in the world. Fidelity boasts 40 million individual investors and $9.9 trillion in assets under management (AUM). Meanwhile, Vanguard has more than 30 million investors and $8.5 trillion in assets under management.
Stockholder | Stake | Total value ($) |
---|---|---|
BlackRock Fund Advisors | 13.90% | 73,054,383 |
Dimensional Fund Advisors LP | 8.37% | 43,988,274 |
The Vanguard Group, Inc. | 6.99% | 36,757,911 |
Wellington Management Co. LLP | 4.98% | 26,161,448 |
Stock | Number of Shares Owned | Value of Stake |
---|---|---|
Coca-Cola (NYSE:KO) | 400,000,000 | $24.9 billion |
Chevron (NYSE:CVX) | 132,407,595 | $21 billion |
Occidental Petroleum (NYSE:OXY) | 224,129,192 | $13.6 billion |
Kraft Heinz (NASDAQ:KHC) | 325,634,818 | $11.8 billion |
What 1 stock does Warren Buffett own?
While Bank of America is the No. 1 Warren Buffett stock by number of shares, Apple is the No. 1 stock in Berkshire's portfolio by market value. That stake was worth a whopping $150.9 billion at the end of March 2023.
The company, which is currently trying to merge with Albertsons (ACI), comes with a 2.2% yield and an undervalued stock price. While the company is struggling a bit with consumer weakness, its financials remain healthy, supporting high dividend growth, debt reduction, and buybacks further down the road.
Kroger is forecasted to grow earnings and revenue by 6.7% and 1% per annum respectively. EPS is expected to grow by 7.4%. Return on equity is forecast to be 21.3% in 3 years.
Kroger's stock fell after the grocer beat profit expectations but saw sales rise less than expected. Kroger Co.
Kroger stock (symbol: KR) underwent a total of 5 stock splits.
Kroger's after-hype downside and upside margins for the prediction period are 47.88 and 50.16, respectively.
Because stock compensation is generally tied to the success of Kroger, employers tend to prefer giving more stock over more cash. Kroger companies typically issue a grant of options or RSUs with your first job offer, followed by refreshers either annually or as a bonus.
But Kroger's local market share declined from 47.9% in March 2021. About half of Kroger's dip in market share went to its closest competitor. Walmart's share rose to 19.3% this year from 18.7% in 2021, according to Chain Store Guide calculations. That's still a far cry from Kroger's share.
We note that hedge funds don't have a meaningful investment in Kroger. The Vanguard Group, Inc. is currently the company's largest shareholder with 12% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 8.8% of common stock, and Berkshire Hathaway Inc. holds about 7.0% of the company stock.
Hedge funds don't have many shares in Kroger. The Vanguard Group, Inc. is currently the largest shareholder, with 11% of shares outstanding. With 9.2% and 7.0% of the shares outstanding respectively, BlackRock, Inc. and Berkshire Hathaway Inc.
Why is BlackRock so powerful?
As the world's top asset manager, BlackRock is a majority investor in almost every major publicly-traded company. It profits from those companies' operations and, as a major shareholder, bears significant responsibility for their governance and the impacts of their operations across the world.
Fintel reports that BlackRock has filed a 13G/A form with the SEC disclosing ownership of 120.97MM shares of Walt Disney Co (DIS). This represents 6.6% of the company.
- Baker's.
- City Market.
- Dillons.
- Food 4 Less.
- Foods Co.
- Fred Meyer.
- Fry's.
- Gerbes.
In October, Kroger announced it would acquire Albertsons in a complex deal that would pay all shareholders $34.10 a share.
Beginning. In 1883, 23-year-old Bernard Kroger, the fifth of ten children of German immigrants, invested his life savings of $372 (equivalent to $11,683 in 2022) to open a grocery store at 66 Pearl Street in downtown Cincinnati. The son of a merchant, he ran his business with a simple motto: "Be particular.
Rockefeller Capital Management L.P. owned approximately 0.09% of BlackRock after the most recent reporting period, equivalent to $76,559,000.
Amazon is owned by its shareholders. The largest one is its founder Jeff Bezos, who owns 9.7% of the company. Other large owners are asset manager Vanguard with 7.0% ownership and BlackRock, with 5.8% share. The sizable individual owner is also MacKenzie Scott, with 2.6% ownership.
Larry Fink's Net Worth | $1 billion |
---|---|
Gender | Male |
Height | (5' 6'') 1.70m |
Place of Birth | Van Nuys, Los Angeles, CA |
Profession | CEO and Chairman of BlackRock |