Eurizon Capital SGR S.p.A. Acquires Shares of 308,331 Albertsons Companies, Inc. $ACI

Eurizon Capital SGR S.p.A. acquired a new stake in Albertsons Companies, Inc. (NYSE:ACI) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 308,331 shares of the company’s stock, valued at approximately $5,294,000.

Several other institutional investors also recently bought and sold shares of ACI. Goldman Sachs Group Inc. grew its holdings in Albertsons Companies by 109.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,542,468 shares of the company’s stock valued at $33,919,000 after purchasing an additional 806,336 shares during the period. Empowered Funds LLC acquired a new stake in Albertsons Companies in the first quarter valued at approximately $1,090,000. M&T Bank Corp grew its holdings in Albertsons Companies by 21.4% in the second quarter. M&T Bank Corp now owns 14,364 shares of the company’s stock valued at $308,000 after purchasing an additional 2,528 shares during the period. First Trust Advisors LP grew its holdings in Albertsons Companies by 39.3% in the second quarter. First Trust Advisors LP now owns 504,944 shares of the company’s stock valued at $10,861,000 after purchasing an additional 142,457 shares during the period. Finally, Bank of Nova Scotia grew its holdings in Albertsons Companies by 5.4% in the second quarter. Bank of Nova Scotia now owns 14,041 shares of the company’s stock valued at $302,000 after purchasing an additional 723 shares during the period. 71.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ACI. Weiss Ratings downgraded Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. UBS Group decreased their target price on Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Citigroup decreased their target price on Albertsons Companies from $26.00 to $22.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. JPMorgan Chase & Co. decreased their target price on Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $21.00 target price on shares of Albertsons Companies in a research report on Monday, April 6th. Ten research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $21.31.

Albertsons Companies Stock Performance

Shares of Albertsons Companies stock opened at $15.45 on Tuesday. Albertsons Companies, Inc. has a one year low of $15.36 and a one year high of $22.78. The company has a market cap of $7.64 billion, a price-to-earnings ratio of 48.28, a PEG ratio of 1.79 and a beta of 0.40. The company has a debt-to-equity ratio of 4.58, a quick ratio of 0.20 and a current ratio of 0.86. The business’s 50 day moving average price is $16.69 and its 200 day moving average price is $17.22.

Albertsons Companies (NYSE:ACI) last announced its quarterly earnings data on Tuesday, April 14th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Albertsons Companies had a return on equity of 42.75% and a net margin of 0.26%.The firm had revenue of $20.25 billion for the quarter, compared to the consensus estimate of $20.49 billion. During the same quarter last year, the business posted $0.46 earnings per share. The firm’s revenue was up 7.7% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. On average, research analysts predict that Albertsons Companies, Inc. will post 2.11 EPS for the current year.

Albertsons Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 24th were given a dividend of $0.17 per share. The ex-dividend date was Friday, April 24th. This is a positive change from Albertsons Companies’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 4.4%. Albertsons Companies’s dividend payout ratio (DPR) is 212.50%.

Albertsons Companies Profile

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.