23,929 Shares in Kraft Heinz Company $KHC Acquired by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Kraft Heinz Company (NASDAQ:KHC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 23,929 shares of the company’s stock, valued at approximately $580,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Savoir Faire Capital Management L.P. bought a new stake in shares of Kraft Heinz during the 3rd quarter valued at $12,923,000. Schroder Investment Management Group raised its position in shares of Kraft Heinz by 2.4% during the 3rd quarter. Schroder Investment Management Group now owns 3,263,971 shares of the company’s stock valued at $84,994,000 after acquiring an additional 77,045 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Kraft Heinz by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 102,933,219 shares of the company’s stock valued at $2,496,131,000 after buying an additional 616,283 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of Kraft Heinz by 37.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,986,084 shares of the company’s stock valued at $51,717,000 after buying an additional 540,532 shares during the period. Finally, ABN AMRO Bank N.V. grew its holdings in shares of Kraft Heinz by 5,045.7% in the 3rd quarter. ABN AMRO Bank N.V. now owns 411,652 shares of the company’s stock valued at $10,634,000 after buying an additional 403,652 shares during the period. Institutional investors own 78.17% of the company’s stock.

Kraft Heinz Stock Up 1.1%

Shares of KHC stock opened at $23.79 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.82 and a current ratio of 1.20. The firm’s 50-day moving average is $22.60 and its 200-day moving average is $23.69. The stock has a market cap of $28.21 billion, a price-to-earnings ratio of -4.90 and a beta of 0.06. Kraft Heinz Company has a 52-week low of $21.03 and a 52-week high of $29.19.

Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.08. The company had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.89 billion. Kraft Heinz had a negative net margin of 23.05% and a positive return on equity of 7.26%. Kraft Heinz’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 EPS. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Sell-side analysts predict that Kraft Heinz Company will post 2.07 EPS for the current year.

Kraft Heinz Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, June 5th. This represents a $1.60 annualized dividend and a yield of 6.7%. Kraft Heinz’s dividend payout ratio (DPR) is -32.92%.

Insider Transactions at Kraft Heinz

In other Kraft Heinz news, insider Cory Onell sold 4,991 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $24.34, for a total transaction of $121,480.94. Following the completion of the sale, the insider directly owned 197,463 shares in the company, valued at $4,806,249.42. This trade represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.24% of the stock is owned by company insiders.

Kraft Heinz News Roundup

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

• Positive Sentiment: Kraft Heinz launched JELL-O Simply, a new gelatin and pudding line made with real fruit juice, no artificial sweeteners, no FD&C colors, and at least 25% less sugar, supporting its broader effort to remove synthetic colors from its U.S. portfolio by the end of 2027. Article Title
• Positive Sentiment: The company completed early-tender and pricing steps for a cash tender offer of up to $1.1 billion of notes, and separately issued new euro notes, actions that suggest active refinancing and debt management. Article Title Article Title
• Positive Sentiment: Zacks Research raised several near- and long-term earnings estimates, including FY2026 and Q1 2027, which can reinforce the view that Kraft Heinz can hold earnings steady despite a tough consumer backdrop.
• Neutral Sentiment: Zacks Research kept a Hold rating on Kraft Heinz, signaling limited conviction even after some estimate increases.
• Negative Sentiment: Some Zacks revisions were cut, including lower EPS forecasts for Q3 2026, Q4 2026, Q2 2027, Q3 2027, Q4 2027, and FY2027, which may limit enthusiasm for a bigger rerating.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. UBS Group boosted their price target on shares of Kraft Heinz from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Friday, May 8th. JPMorgan Chase & Co. reduced their target price on shares of Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating for the company in a research note on Wednesday, March 25th. TD Cowen reduced their target price on shares of Kraft Heinz from $24.00 to $20.00 and set a “hold” rating for the company in a research note on Wednesday, March 25th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kraft Heinz in a research note on Tuesday, April 21st. Finally, Zacks Research raised shares of Kraft Heinz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $23.06.

About Kraft Heinz

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.