D.A. Davidson & CO. trimmed its holdings in shares of Kraft Heinz Company (NASDAQ:KHC – Free Report) by 78.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,323 shares of the company’s stock after selling 92,729 shares during the quarter. D.A. Davidson & CO.’s holdings in Kraft Heinz were worth $575,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Alyeska Investment Group L.P. bought a new position in shares of Kraft Heinz in the 2nd quarter worth approximately $1,968,000. Gradient Investments LLC grew its stake in Kraft Heinz by 11.8% during the 3rd quarter. Gradient Investments LLC now owns 667,877 shares of the company’s stock worth $15,174,000 after buying an additional 70,534 shares during the last quarter. OMERS ADMINISTRATION Corp acquired a new position in shares of Kraft Heinz in the second quarter worth about $1,076,000. The Manufacturers Life Insurance Company increased its holdings in shares of Kraft Heinz by 11.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 561,627 shares of the company’s stock worth $13,266,000 after buying an additional 57,092 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC increased its holdings in Kraft Heinz by 70.2% during the 2nd quarter. Franklin Street Advisors Inc. NC now owns 994,375 shares of the company’s stock worth $23,487,000 after purchasing an additional 410,029 shares during the period. Institutional investors and hedge funds own 78.17% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently commented on KHC. Barclays reduced their price target on Kraft Heinz from $26.00 to $25.00 and set an “equal weight” rating for the company in a report on Friday, October 16th. JPMorgan Chase & Co. dropped their price target on shares of Kraft Heinz from $24.00 to $23.00 and set an “underweight” rating for the company in a research report on Tuesday, October 20th. Jefferies Financial Group restated a “hold” rating and set a $24.00 price target on shares of Kraft Heinz in a report on Wednesday. Wall Street Zen lowered Kraft Heinz from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, TD Cowen restated a “hold” rating and issued a $22.00 target price on shares of Kraft Heinz in a report on Tuesday, September 22nd. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $23.80.
Check Out Our Latest Research Report on Kraft Heinz
Kraft Heinz News Roundup
Here are the key news stories impacting Kraft Heinz this week:
- Positive Sentiment: Kraft Heinz beat third-quarter earnings expectations and raised its 2026 earnings outlook. RBC also sees improving sales, market-share and volume trends as potential signs of a 2027 sales inflection. Kraft Heinz’s Improving Trends Point to 2027 Sales Inflection, RBC Says
- Positive Sentiment: The planned sale of its North American coffee business to One Rock is expected to generate about $650 million. Management intends to use proceeds to reduce debt and refocus on other brands, which could strengthen the balance sheet and sharpen its portfolio. Kraft Heinz to Sell Coffee Unit to Refocus on Other Brands
- Neutral Sentiment: Analyst views remain mixed: DBS reaffirmed a Hold rating, while Wells Fargo and UBS raised their price targets but retained neutral or equal-weight ratings. The cautious recommendations suggest limited conviction in near-term upside. DBS Reaffirms Their Hold Rating on Kraft Heinz
- Negative Sentiment: Management flagged persistent headwinds, including inflation above 5%, sluggish U.S. retail recovery and challenges in improving market share. These pressures could limit growth and offset the benefit of the earnings outlook increase. KHC Q3 Earnings Call Highlights Turnaround and Inflation Pressures
- Negative Sentiment: Dividend-focused coverage has highlighted payout safety concerns among food companies facing sales declines and debt burdens. Kraft Heinz’s declared quarterly dividend is $0.40 per share—an indicated annual yield of about 6.3%—but that high yield may also sharpen investor scrutiny of cash flow and debt. Kraft Heinz Battles Headwinds to Save Its Dividend
Kraft Heinz Price Performance
KHC stock opened at $24.64 on Friday. Kraft Heinz Company has a 12-month low of $21.03 and a 12-month high of $28.09. The company’s fifty day simple moving average is $24.01 and its 200 day simple moving average is $23.92. The firm has a market cap of $29.22 billion, a price-to-earnings ratio of -8.62, a PEG ratio of 2.99 and a beta of 0.12. The company has a quick ratio of 0.68, a current ratio of 1.06 and a debt-to-equity ratio of 0.49.
Kraft Heinz (NASDAQ:KHC – Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.11. The firm had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.09 billion. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%. During the same period in the prior year, the company earned $0.61 EPS. The company’s quarterly revenue was down 2.0% compared to the same quarter last year. On average, analysts expect that Kraft Heinz Company will post 2.06 earnings per share for the current year.
Kraft Heinz Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 23rd. Shareholders of record on Friday, December 4th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 6.5%. The ex-dividend date is Friday, December 4th. Kraft Heinz’s dividend payout ratio (DPR) is -55.94%.
Kraft Heinz Profile
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