Legal & General Group Plc Increases Stake in The Kroger Co.

Institutional investor raises holdings in grocery retailer by 4.7% in Q3 2025

Mar. 12, 2026 at 10:21am

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Legal & General Group Plc, a major institutional investor, increased its stake in The Kroger Co. (NYSE:KR) by 4.7% in the third quarter of 2025, according to a recent filing with the Securities & Exchange Commission. The firm now owns 5,193,060 shares of the grocery retailer's stock, valued at approximately $350 million.

Why it matters

Kroger is one of the largest supermarket chains in the United States, and institutional investor activity in the stock can provide insights into market sentiment and future performance. Legal & General's increased stake suggests confidence in Kroger's long-term growth prospects.

The details

According to the filing, Legal & General Group Plc added 233,466 shares of Kroger to its portfolio during the third quarter, bringing its total ownership to approximately 0.78% of the company's outstanding shares. The investment firm cited Kroger's strong financial performance and growth initiatives as reasons for the increased stake.

  • Legal & General Group Plc filed its Q3 2025 holdings report with the SEC on March 12, 2026.

The players

Legal & General Group Plc

A major global investment management firm headquartered in the United Kingdom.

The Kroger Co.

One of the largest supermarket chains in the United States, operating over 2,700 stores across 35 states.

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The takeaway

Legal & General Group's increased stake in Kroger suggests the institutional investor sees long-term value in the grocery retailer's business model and growth prospects. This vote of confidence from a major institutional player could be a positive signal for Kroger's future performance.