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M&T Bank Corp Boosts Holdings in The Kroger Co. $KR
M&T Bank Corp significantly increased its stake in The Kroger Co. (NYSE:KR) by 219.4% in the fourth quarter, now owning 196,200 shares valued at approximately $12.26 million. This move aligns with a generally positive analyst outlook, featuring a “Moderate Buy” consensus and an average price target of $74.56. Kroger also reported strong Q4 EPS, set optimistic FY2026 guidance, and declared a quarterly dividend.