Westpac buys $3.23M Kroger stake as grocer's shares slide

What's the deal? WestpacDealroom has a profile for this one. Try Dealroom → bought a new stake in Kroger during the second quarter of 2026, according to its latest Form 13F filing with the US Securities and Exchange Commission. The Australian bank bought 58,083 shares worth approximately $3.225 million.

Why now? Kroger's stock was trading near its 12-month low, while the grocer reported quarterly revenue of $46.12 billion, up 2.2% year on year. Its quarterly dividend increased to $0.39 from $0.35, payable on 1 September 2026.

The signal. Westpac's entry adds to steady institutional interest in Kroger as investors weigh modest revenue growth, income from dividends and a mixed analyst outlook.

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