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Richard Bernstein Advisors LLC Has $1.14 Million Stock Position in The Kroger Co. $KR
Richard Bernstein Advisors LLC significantly reduced its stake in The Kroger Co. by 51% in Q3, now holding 16,954 shares valued at $1.14 million. Despite the reduction, Kroger beat quarterly EPS estimates and provided positive FY2026 guidance, maintaining a “Moderate Buy” consensus rating with a target price of $74.56. The stock trades near its 12-month high with a P/E of around 47 and offers a 1.9% dividend yield.