Yael Cosset, Senior Vice President and Chief Information Officer of Kroger Co . (NYSE:KR), recently sold 17,685 shares of the company’s common stock. The shares were sold at an average price of $66.1935, totaling approximately $1,170,632. Following this transaction, Cosset retains ownership of 139,124 shares. The sale was executed on March 17, 2025, as disclosed in a recent SEC filing.The transaction comes as Kroger, currently valued at $43.79 billion, trades near its 52-week high of $68.51. According to InvestingPro analysis, the company maintains a "GOOD" financial health rating and appears slightly undervalued based on its Fair Value metrics. InvestingPro data reveals 8 additional key insights about Kroger’s financial position and market performance, including its strong return over the last five years and consistent dividend history. For comprehensive analysis, including detailed valuation metrics and future growth projections, investors can access Kroger’s full Pro Research Report, available exclusively on InvestingPro.
In other recent news, Kroger Co. announced a quarterly dividend of 32 cents per share, set for payment on June 1, 2025, to shareholders of record as of May 15, 2025. The company highlighted its impressive 13.5% compounded annual growth rate in dividends since 2006 and expressed confidence in future increases, subject to board approval. Additionally, Kroger appointed Yael Cosset as the executive vice president and chief digital officer, a move aimed at enhancing its eCommerce business unit. Under Cosset’s leadership, Kroger’s eCommerce sales reached $13 billion in 2024, demonstrating significant growth in the digital retail space. Meanwhile, Jefferies maintained a Buy rating on Kroger, citing strong fourth-quarter sales and profit performance, with a price target of $75. In contrast, Evercore ISI adjusted its price target for Kroger to $73, maintaining an Outperform rating despite a slight lag in sales growth compared to the industry. Evercore ISI’s analyst Michael Montani noted Kroger’s stable market share and growth in EBIT margin, projecting a 3% increase in FIFO EBIT for 2025. These developments reflect Kroger’s strategic focus on digital growth, shareholder returns, and navigating industry challenges.
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