Bank of Nova Scotia Makes New Investment in Kraft Heinz Company $KHC

Bank of Nova Scotia bought a new position in shares of Kraft Heinz Company (NASDAQ:KHC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 114,843 shares of the company’s stock, valued at approximately $2,713,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Kendall Capital Management acquired a new position in shares of Kraft Heinz in the second quarter valued at about $417,000. Compass Financial Management LLC bought a new stake in Kraft Heinz in the 2nd quarter valued at about $65,000. Foyston Gordon & Payne Inc acquired a new position in shares of Kraft Heinz during the 2nd quarter worth approximately $435,000. Commerce Bank acquired a new position in shares of Kraft Heinz during the 2nd quarter worth approximately $955,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Kraft Heinz during the second quarter worth approximately $2,163,000. 78.17% of the stock is currently owned by institutional investors and hedge funds.

More Kraft Heinz News

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

• Positive Sentiment: Unusually heavy call-option activity indicates some traders are positioning for upside, with investors buying 82,130 call options—roughly 189% above typical daily volume.
• Positive Sentiment: Kraft Heinz plans to transfer its common-stock listing from Nasdaq to the New York Stock Exchange on September 14, 2026, while retaining the KHC ticker. The move may improve visibility and exchange-branding, although it does not change the company’s fundamentals. Kraft Heinz to Transfer Stock Exchange Listing to NYSE
• Positive Sentiment: Management is using European operations to test healthier, reformulated products, with plans to bring successful concepts to the U.S. This could help refresh the portfolio as consumers become more health-conscious and weight-loss drugs influence food demand. Can Kraft Heinz Use Europe To Refresh Its US Product Line?
• Neutral Sentiment: The stock’s valuation and cash-flow generation remain supportive, while institutional activity was mixed: several large investors increased holdings, but Norges Bank reduced its position. Analysts’ recent price targets have a median of $21, suggesting limited upside at recent trading levels.
• Negative Sentiment: Recent earnings remain the main concern. Second-quarter sales declined 1.4% year over year, organic sales fell 1.3%, and volume/mix declined 2.6 percentage points. Adjusted operating income dropped 18.4% amid higher advertising, manufacturing and logistics costs.
• Negative Sentiment: A $7.4 billion non-cash impairment charge has heightened concerns about the strength of Kraft Heinz’s brands and long-term earnings power. Weak North American volumes and execution risks continue to offset the benefit of an improved 2026 organic-sales outlook. Why Kraft Heinz Stock Is Down Today

Insider Buying and Selling at Kraft Heinz

In related news, insider Diana Frost sold 18,502 shares of the firm’s stock in a transaction 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 owned 102,667 shares of the company’s stock, valued at $2,366,474.35. This trade represents a 15.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.24% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on KHC shares. Piper Sandler lifted their price target on shares of Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. UBS Group raised their price objective on Kraft Heinz from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Sanford C. Bernstein cut Kraft Heinz from a “market perform” rating to an “underperform” rating and dropped their price objective for the company from $25.00 to $21.00 in a report on Wednesday, June 3rd. Wall Street Zen downgraded Kraft Heinz from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, BNP Paribas Exane increased their target price on Kraft Heinz from $17.00 to $19.00 and gave the stock an “underperform” rating in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $23.62.

Kraft Heinz Trading Down 2.1%

Shares of Kraft Heinz stock opened at $24.79 on Thursday. The firm has a market capitalization of $29.40 billion, a PE ratio of -8.67 and a beta of 0.08. The company has a current ratio of 1.06, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49. The firm’s 50 day moving average is $25.09 and its 200 day moving average is $23.91. Kraft Heinz Company has a 1 year low of $21.03 and a 1 year high of $28.09.

Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $6.26 billion during 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 firm’s quarterly 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. Equities research analysts forecast that Kraft Heinz Company will post 2.06 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, September 4th. Kraft Heinz’s dividend payout ratio is presently -55.94%.

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.