Kraft Heinz Company (NASDAQ:KHC) Stock Has Average Price Target of $23.60 According to Brokerages

Shares of Kraft Heinz Company (NASDAQ:KHC) have been given an average recommendation of “Reduce” by the sixteen research firms that are currently covering the company, Marketbeat reports. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $23.80.

Several analysts recently issued reports on KHC shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $32.00 price target on shares of Kraft Heinz in a report on Thursday, September 24th. TD Cowen reissued a “hold” rating and set a $22.00 price objective on shares of Kraft Heinz in a report on Tuesday, September 22nd. Wells Fargo & Company dropped their target price on shares of Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Monday, October 5th. Piper Sandler boosted their target price on shares of Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Finally, JPMorgan Chase & Co. cut their target price on shares of Kraft Heinz from $24.00 to $23.00 and set an “underweight” rating on the stock in a research note on Tuesday, October 20th.

Trending Headlines about Kraft Heinz

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

• Positive Sentiment: Adjusted Q3 earnings were $0.53 per share, above analyst estimates of $0.42, while revenue of $6.12 billion also edged past expectations. Kraft Heinz raised its 2026 adjusted earnings outlook and full-year sales view, with growth in emerging markets contributing. Article: Kraft Heinz earnings beat estimates despite falling sales
• Positive Sentiment: The company agreed to sell its North American coffee business, including Maxwell House, to One Rock Capital Partners at a $650 million enterprise value. Kraft Heinz will retain a 30% stake; management says the deal can unlock portfolio value and support its turnaround. Article: Kraft Heinz to divest its North American coffee business
• Positive Sentiment: Kraft Heinz declared a quarterly dividend of $0.40 per share, payable Dec. 23 to shareholders of record Dec. 4. Article: Kraft Heinz declares regular quarterly dividend
• Neutral Sentiment: Management indicated price increases are likely in 2027 as inflation persists. Higher prices could help offset costs, but the impact on shoppers and demand is uncertain. Article: Kraft Heinz says 2027 price hikes are likely
• Negative Sentiment: Despite the quarterly beat, revenue fell 2% year over year and adjusted EPS declined from $0.61 a year earlier. Inflation, weaker consumer demand and margin pressure remain headwinds; management also said trade and marketing timing boosted operating profit versus expectations, tempering the quality of the beat. Article: Kraft Heinz earnings call signals progress amid inflation pressures

Kraft Heinz Price Performance

KHC stock opened at $25.46 on Friday. 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 has a 52-week low of $21.03 and a 52-week high of $28.09. The stock’s 50 day moving average is $24.00 and its two-hundred day moving average is $23.90. The company has a market capitalization of $30.19 billion, a PE ratio of -8.90, a P/E/G ratio of 2.99 and a beta of 0.12.

Kraft Heinz (NASDAQ:KHC) last released its earnings results on Wednesday, November 4th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.42 by $0.11. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%. The company had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same period in the prior year, the business posted $0.61 EPS. The business’s revenue was down 2.0% on a year-over-year basis. Analysts predict that Kraft Heinz will post 2.06 earnings per share for the current fiscal year.

Kraft Heinz Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 23rd. Investors of record on Friday, December 4th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, December 4th. Kraft Heinz’s payout ratio is currently -55.94%.

Institutional Trading of Kraft Heinz

Institutional investors and hedge funds have recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC bought a new stake in shares of Kraft Heinz in the 1st quarter worth approximately $27,000. Hara Capital LLC acquired a new position in Kraft Heinz during the 2nd quarter valued at approximately $29,000. Reyes Financial Architecture Inc. grew its stake in Kraft Heinz by 5,820.8% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,421 shares of the company’s stock worth $32,000 after buying an additional 1,397 shares during the last quarter. Fiduciary Financial Advisors bought a new position in Kraft Heinz during the 2nd quarter worth $33,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Kraft Heinz in the second quarter worth $34,000. Institutional investors and hedge funds own 78.17% of the company’s stock.

About Kraft Heinz

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company that develops, manufactures and markets branded products for consumers, retailers and foodservice customers. Its portfolio includes condiments and sauces, cheese and dairy products, meals, meats, snacks, beverages and desserts.

The company’s brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Jell-O, Maxwell House, Lunchables, Capri Sun, Planters and Classico, among others. Products are sold through grocery stores, mass merchants, club stores, convenience retailers, e-commerce channels and foodservice distributors.

Kraft Heinz was created in 2015 through the merger of Kraft Foods Group and H.J.