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 KrogerDealroom has a profile for this one. Try Dealroom → 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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