Danske Bank A S Purchases New Position in Kraft Heinz Company $KHC

Danske Bank A S purchased a new stake in shares of Kraft Heinz Company (NASDAQ:KHC) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 881,070 shares of the company’s stock, valued at approximately $20,811,000.

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Kraft Heinz by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 102,933,219 shares of the company’s stock worth $2,496,131,000 after purchasing an additional 616,283 shares during the last quarter. Swiss Life Asset Management Ltd lifted its position in Kraft Heinz by 148.4% during the fourth quarter. Swiss Life Asset Management Ltd now owns 2,168,874 shares of the company’s stock valued at $52,595,000 after purchasing an additional 1,295,688 shares during the last quarter. Westhampton Capital LLC bought a new position in Kraft Heinz during the fourth quarter valued at $1,222,000. Swedbank AB grew its stake in shares of Kraft Heinz by 10.2% in the 4th quarter. Swedbank AB now owns 1,359,161 shares of the company’s stock worth $32,960,000 after buying an additional 125,307 shares in the last quarter. Finally, AustralianSuper Pty Ltd grew its stake in shares of Kraft Heinz by 68.7% in the 4th quarter. AustralianSuper Pty Ltd now owns 2,052,635 shares of the company’s stock worth $49,776,000 after buying an additional 835,554 shares in the last quarter. Institutional investors own 78.17% of the company’s stock.

Insider Transactions at Kraft Heinz

In other Kraft Heinz news, insider Diana Frost sold 18,502 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $23.05, for a total transaction of $426,471.10. Following the completion of the transaction, the insider owned 102,667 shares in the company, valued at $2,366,474.35. The trade was a 15.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.24% of the stock is currently owned by insiders.

Kraft Heinz Trading Down 0.4%

KHC stock opened at $25.57 on Friday. Kraft Heinz Company has a twelve month low of $21.03 and a twelve month high of $28.10. The stock has a market capitalization of $30.32 billion, a price-to-earnings ratio of -8.94 and a beta of 0.08. The company has a quick ratio of 0.68, a current ratio of 1.06 and a debt-to-equity ratio of 0.49. The firm’s fifty day simple moving average is $24.97 and its two-hundred day simple moving average is $23.88.

Kraft Heinz (NASDAQ:KHC) last released its earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.03. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The firm had revenue of $6.26 billion during the quarter, compared to analyst estimates of $6.18 billion. During the same quarter last year, the business earned $0.69 EPS. The business’s revenue was down 1.4% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. As a group, analysts anticipate that Kraft Heinz Company will post 2.06 earnings per share for the current year.

Kraft Heinz Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.60 annualized dividend and a yield of 6.3%. Kraft Heinz’s dividend payout ratio (DPR) is presently -55.94%.

Analysts Set New Price Targets

Several analysts have recently issued reports on KHC shares. BNP Paribas Exane upped their target price on shares of Kraft Heinz from $17.00 to $19.00 and gave the company an “underperform” rating in a research report on Tuesday, June 30th. Evercore set a $24.00 price target on Kraft Heinz in a research report on Thursday, August 6th. JPMorgan Chase & Co. boosted their price objective on Kraft Heinz from $21.00 to $22.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 15th. Piper Sandler upped their price objective on Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Kraft Heinz from $20.00 to $22.00 and gave the company a “hold” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $23.62.

Trending Headlines about Kraft Heinz

Here are the key news stories impacting Kraft Heinz this week:

• Positive Sentiment: Analysts see potential for a turnaround as Kraft Heinz increases investment in key brands. Early market-share gains and expected volume recovery in 2027 could improve earnings after a more pressured 2026. Emerging Markets are a notable growth opportunity, with reported organic sales growth of 8.5%. Kraft Heinz: Early Signs Of Turnaround Gaining Traction And Reasonable Valuation
• Positive Sentiment: Zacks Research raised its FY2027 EPS forecast to $2.09 from $2.04 and increased estimates for several 2027 quarters. The revisions suggest analysts expect current brand and marketing investments to begin producing stronger results in the following fiscal year. Kraft Heinz analyst estimates
• Positive Sentiment: Kraft Heinz is expanding its “Away From Home” business beyond ketchup to serve more restaurants, venues and other customers, creating a potential source of longer-term sales growth. Can Kraft Heinz’s Away From Home Expansion Support Long-Term Growth?
• Neutral Sentiment: Zacks maintained its FY2026 EPS outlook at $2.06, matching consensus, while lifting FY2028 EPS to $2.14 from $2.13 in its detailed estimates. This indicates relatively stable longer-term expectations despite quarterly adjustments.
• Negative Sentiment: Near-term estimates were reduced, including Q3 2026 EPS to $0.43 from $0.47, Q4 2026 EPS to $0.49 from $0.50, and Q1 2027 EPS to $0.52 from $0.53. FY2028 EPS was also trimmed to $2.14 from $2.15 in a separate revision, reinforcing concerns about execution and the cost of the investment cycle.
• Negative Sentiment: Recent commentary about declining consumer attachment to major American brands adds a broader risk for Kraft Heinz, whose portfolio depends heavily on established brands. The company’s latest reported revenue also declined year over year, while EPS fell from the prior-year period despite beating quarterly expectations. America’s brands lose their magic

About Kraft Heinz

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company. The combination created one of the largest packaged-food companies in the world, built around well-known consumer brands. The merger was supported by major investors and established a multi-national platform for branded food products.

Kraft Heinz develops, manufactures, markets and distributes a broad portfolio of branded packaged foods and condiments.