Franklin Street Advisors Inc. NC Acquires 410,029 Shares of Kraft Heinz Company $KHC

Franklin Street Advisors Inc. NC grew its holdings in Kraft Heinz Company (NASDAQ:KHC) by 70.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 994,375 shares of the company’s stock after acquiring an additional 410,029 shares during the period. Kraft Heinz comprises about 1.3% of Franklin Street Advisors Inc. NC’s investment portfolio, making the stock its 28th biggest position. Franklin Street Advisors Inc. NC’s holdings in Kraft Heinz were worth $23,487,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC purchased a new position in Kraft Heinz in the 1st quarter worth approximately $207,000. Woodline Partners LP grew its holdings in Kraft Heinz by 39.0% during the 1st quarter. Woodline Partners LP now owns 73,700 shares of the company’s stock valued at $2,243,000 after buying an additional 20,690 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Kraft Heinz by 16.6% during the 2nd quarter. NewEdge Advisors LLC now owns 51,222 shares of the company’s stock valued at $1,323,000 after buying an additional 7,307 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Kraft Heinz by 0.8% during the second quarter. The Manufacturers Life Insurance Company now owns 522,147 shares of the company’s stock valued at $13,482,000 after buying an additional 4,003 shares during the last quarter. Finally, HUB Investment Partners LLC bought a new stake in shares of Kraft Heinz during the second quarter valued at approximately $207,000. Institutional investors own 78.17% of the company’s stock.

Trending Headlines about Kraft Heinz

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

• Positive Sentiment: Quarterly results exceeded expectations: Kraft Heinz reported Q2 sales of approximately $6.26 billion and adjusted EPS of $0.56, ahead of consensus estimates of $6.18 billion and $0.53, respectively. The company also maintained its 2026 adjusted EPS outlook of $2.03–$2.09. Kraft Heinz Q2 Earnings Beat Estimates Despite Organic Sales Dip
• Positive Sentiment: Early signs of stabilization are encouraging: Management said consumption trends and market share are improving, with losses narrowing to 30 basis points. Kraft Heinz plans to add $100 million in second-half marketing investment to support brand momentum and pursue volume-led growth in 2027. KHC Q2 Earnings Call Raises Brand Spending on Early Traction
• Positive Sentiment: Credit outlook improved: JPMorgan upgraded Kraft Heinz’s credit recommendation to Overweight, citing better results, disciplined balance-sheet management and confidence that the company can fund brand investment while controlling leverage. JPMorgan Upgrades Kraft Heinz Credit to Overweight
• Neutral Sentiment: Income support remains intact: Kraft Heinz declared a quarterly dividend of $0.40 per share, preserving an annualized payout of $1.60. The high yield may attract income investors, although it also reflects concerns about the company’s growth and valuation. 3 Big Dividends and One Case Study in How a Yield Trap Ends
• Negative Sentiment: Headline results were severely distorted: Kraft Heinz posted a net loss of roughly $5.46 billion, primarily because of goodwill and intangible-asset impairment charges totaling about $7.4 billion. Although noncash, the write-down highlights weaker expectations for certain brands and weighs on confidence. Kraft Heinz Is Down After Massive Impairment-Fueled Loss
• Negative Sentiment: Turnaround costs and weak demand remain risks: Organic sales declined, while inflation, lower volumes and increased marketing and innovation spending are expected to make 2026 the company’s margin trough. Analysts therefore characterize the recovery as promising but cautious rather than established. Kraft Heinz Earnings Call Signals Cautious Turnaround

Insider Transactions at Kraft Heinz

In other Kraft Heinz news, insider Diana Frost sold 18,502 shares of the company’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 sale, the insider directly owned 102,667 shares in the company, valued at $2,366,474.35. This represents a 15.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.24% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on KHC shares. Wall Street Zen lowered shares of Kraft Heinz from a “buy” rating to a “hold” rating in a research report on Saturday. Piper Sandler boosted their price target on shares of Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday. JPMorgan Chase & Co. increased their price objective on shares of Kraft Heinz from $21.00 to $22.00 and gave the company an “underweight” rating in a report on Wednesday, July 15th. TD Cowen raised their price objective on Kraft Heinz from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Thursday. Finally, UBS Group lifted their target price on Kraft Heinz from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $23.62.

Kraft Heinz Stock Performance

Shares of NASDAQ:KHC opened at $25.32 on Monday. The firm has a fifty day simple moving average of $24.65 and a two-hundred day simple moving average of $23.76. Kraft Heinz Company has a 52 week low of $21.03 and a 52 week high of $28.10. 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 stock has a market capitalization of $30.02 billion, a P/E ratio of -8.85 and a beta of 0.08.

Kraft Heinz (NASDAQ:KHC) last announced its earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $6.18 billion. During the same period in the prior year, the company earned $0.69 EPS. The business’s revenue was down 1.4% compared to the same quarter last year. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. On average, analysts expect that Kraft Heinz Company will post 2.06 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The business 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 dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, September 4th. Kraft Heinz’s payout ratio is presently -55.94%.

Kraft Heinz Profile

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.