LSV Asset Management Acquires 183,900 Shares of Albertsons Companies, Inc. $ACI

LSV Asset Management raised its holdings in shares of Albertsons Companies, Inc. (NYSE:ACI) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,130,407 shares of the company’s stock after purchasing an additional 183,900 shares during the quarter. LSV Asset Management’s holdings in Albertsons Companies were worth $191,109,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. AlphaQuest LLC bought a new position in Albertsons Companies during the third quarter valued at $1,492,000. Towle & Co. lifted its position in Albertsons Companies by 674.2% during the third quarter. Towle & Co. now owns 339,227 shares of the company’s stock valued at $5,940,000 after purchasing an additional 295,413 shares during the last quarter. Counterpoint Mutual Funds LLC bought a new position in Albertsons Companies during the third quarter valued at $2,307,000. Vanguard Group Inc. lifted its position in Albertsons Companies by 14.9% during the fourth quarter. Vanguard Group Inc. now owns 39,330,507 shares of the company’s stock valued at $675,305,000 after purchasing an additional 5,110,777 shares during the last quarter. Finally, AGF Management Ltd. bought a new position in Albertsons Companies during the third quarter valued at $2,955,000. Institutional investors own 71.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ACI shares. UBS Group lowered their price objective on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. JPMorgan Chase & Co. reduced their target price on shares of Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. Citigroup reduced their target price on shares of Albertsons Companies from $26.00 to $22.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Royal Bank Of Canada reissued an “outperform” rating and issued a $21.00 target price on shares of Albertsons Companies in a research note on Monday, April 6th. Finally, Weiss Ratings downgraded shares of Albertsons Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, April 21st. Ten investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Albertsons Companies presently has an average rating of “Hold” and an average target price of $21.31.

Albertsons Companies Trading Down 0.6%

Shares of ACI opened at $16.18 on Friday. Albertsons Companies, Inc. has a twelve month low of $15.55 and a twelve month high of $22.78. The company has a market cap of $8.00 billion, a P/E ratio of 50.55, a P/E/G ratio of 1.86 and a beta of 0.43. The company has a current ratio of 0.86, a quick ratio of 0.20 and a debt-to-equity ratio of 4.58. The company’s fifty day simple moving average is $16.87 and its 200-day simple moving average is $17.29.

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

Albertsons Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 24th were paid a $0.17 dividend. This is an increase from Albertsons Companies’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, April 24th. Albertsons Companies’s payout ratio is currently 212.50%.

Albertsons Companies Company 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.