Q3 EPS Estimates for Kraft Heinz Reduced by Zacks Research

Kraft Heinz Company (NASDAQ:KHC) – Zacks Research dropped their Q3 2026 earnings estimates for Kraft Heinz in a report released on Wednesday, August 19th. Zacks Research analyst Team now expects that the company will earn $0.43 per share for the quarter, down from their previous estimate of $0.47. The consensus estimate for Kraft Heinz’s current full-year earnings is $2.06 per share. Zacks Research also issued estimates for Kraft Heinz’s Q4 2026 earnings at $0.49 EPS, FY2026 earnings at $2.06 EPS, Q1 2027 earnings at $0.52 EPS, Q2 2027 earnings at $0.54 EPS, Q3 2027 earnings at $0.48 EPS, Q4 2027 earnings at $0.55 EPS, FY2027 earnings at $2.09 EPS, Q1 2028 earnings at $0.53 EPS and FY2028 earnings at $2.14 EPS.

Several other analysts have also commented on KHC. Sanford C. Bernstein lowered shares of Kraft Heinz from a “market perform” rating to an “underperform” rating and lowered their price objective for the stock from $25.00 to $21.00 in a report on Wednesday, June 3rd. Wall Street Zen downgraded shares of Kraft Heinz from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Evercore set a $24.00 target price on Kraft Heinz in a research note on Thursday, August 6th. BNP Paribas Exane lifted their price target on shares of Kraft Heinz from $17.00 to $19.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 30th. Finally, Barclays lifted their price objective on Kraft Heinz from $25.00 to $26.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $23.62.

Kraft Heinz Stock Performance

NASDAQ:KHC opened at $25.68 on Thursday. The firm’s fifty day simple moving average is $24.94 and its 200 day simple moving average is $23.86. Kraft Heinz has a twelve month low of $21.03 and a twelve month 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 cap of $30.45 billion, a P/E ratio of -8.98 and a beta of 0.08.

Kraft Heinz (NASDAQ:KHC) last posted 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. The company had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.18 billion. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%.Kraft Heinz’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period last year, the firm earned $0.69 earnings per share. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS.

Kraft Heinz Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Friday, September 4th. Kraft Heinz’s payout ratio is presently -55.94%.

Insider Buying and Selling

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 value of $426,471.10. Following the completion of the transaction, the insider directly owned 102,667 shares in the company, valued at $2,366,474.35. This represents a 15.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in KHC. Graney & King LLC boosted its stake in Kraft Heinz by 20.5% during the fourth quarter. Graney & King LLC now owns 2,560 shares of the company’s stock valued at $62,000 after buying an additional 435 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in Kraft Heinz by 1.7% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 29,623 shares of the company’s stock worth $718,000 after purchasing an additional 490 shares during the period. New England Capital Financial Advisors LLC grew its holdings in shares of Kraft Heinz by 70.2% in the fourth quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock worth $30,000 after purchasing an additional 511 shares during the last quarter. Deseret Mutual Benefit Administrators lifted its holdings in Kraft Heinz by 6.6% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 8,281 shares of the company’s stock valued at $201,000 after buying an additional 515 shares in the last quarter. Finally, Bridgewater Associates LP raised its stake in shares of Kraft Heinz by 1.1% during the fourth quarter. Bridgewater Associates LP now owns 52,833 shares of the company’s stock valued at $1,281,000 after acquiring an additional 578 shares in the last quarter. 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: Kraft Heinz is expanding its Away From Home business beyond ketchup, targeting restaurants, venues and additional foodservice customers. The initiative could broaden distribution and create more durable sales growth if the company successfully converts new customers. Can Kraft Heinz’s Away From Home Expansion Support Long-Term Growth?
• Positive Sentiment: Recent 13F filings showed Kraft Heinz remains a shared holding of Berkshire Hathaway and the Bill & Melinda Gates Foundation Trust. Berkshire’s position represented about 2.6% of its portfolio, potentially reinforcing investor confidence in KHC’s valuation, brands and cash-flow profile. Bill Gates and Warren Buffett’s Berkshire Portfolios Have This One Non-AI Stock in Common
• Neutral Sentiment: Zacks Research raised its FY2027 EPS forecast to $2.09 from $2.04 and increased estimates for several 2027 quarters, including Q2, Q3 and Q4. However, its FY2026 forecast of $2.06 remains in line with consensus, suggesting limited near-term earnings momentum.
• Negative Sentiment: Zacks lowered estimates for Q3 2026 EPS to $0.43 from $0.47, Q4 2026 to $0.49 from $0.50, Q1 2027 to $0.52 from $0.53, Q1 2028 to $0.53 from $0.56 and FY2028 to $2.14 from $2.15. These cuts indicate continued concerns about near-term operating performance and longer-term growth.

Kraft Heinz Company 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.