Kraft Heinz’s (KHC) Hold Rating Reiterated at TD Cowen

TD Cowen reaffirmed their hold rating on shares of Kraft Heinz (NASDAQ:KHC) in a report released on Tuesday,Benzinga reports. The firm currently has a $22.00 price target on the stock.

A number of other research analysts also recently issued reports on KHC. JPMorgan Chase & Co. upped their price target on Kraft Heinz from $21.00 to $22.00 and gave the company an “underweight” rating in a research report on Wednesday, July 15th. Wells Fargo & Company raised their price target on Kraft Heinz from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 8th. Evercore set a $24.00 price target on shares of Kraft Heinz in a report on Thursday, August 6th. UBS Group boosted their price objective on shares of Kraft Heinz from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada assumed coverage on shares of Kraft Heinz in a research report on Thursday, September 17th. They issued an “outperform” rating and a $32.00 target price for the company. One research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, Kraft Heinz has an average rating of “Reduce” and an average target price of $23.88.

Kraft Heinz Stock Up 0.3%

Shares of NASDAQ KHC opened at $23.85 on Tuesday. The firm’s fifty day moving average is $25.31 and its 200 day moving average is $23.96. Kraft Heinz has a 52 week low of $21.03 and a 52 week high of $28.09. 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 company has a market cap of $28.28 billion, a price-to-earnings ratio of -8.34, a PEG ratio of 2.99 and a beta of 0.09.

Kraft Heinz (NASDAQ:KHC) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate 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 quarter in the prior year, the company posted $0.69 EPS. The firm’s revenue for the quarter 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. On average, equities research analysts expect that Kraft Heinz will post 2.06 earnings per share for the current year.

Kraft Heinz Announces Dividend

The business also recently announced 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 6.7%. The ex-dividend date of this dividend is Friday, September 4th. Kraft Heinz’s dividend payout ratio is currently -55.94%.

Hedge Funds Weigh In On Kraft Heinz

Hedge funds have recently bought and sold shares of the company. Talon Private Wealth LLC purchased a new stake in Kraft Heinz during the 2nd quarter valued at about $204,000. Core Capital Management & Research inc. purchased a new position in Kraft Heinz in the second quarter worth about $8,517,000. The Manufacturers Life Insurance Company lifted its stake in shares of Kraft Heinz by 11.3% in the second quarter. The Manufacturers Life Insurance Company now owns 561,627 shares of the company’s stock worth $13,266,000 after buying an additional 57,092 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Kraft Heinz by 6.6% in the second quarter. Sequoia Financial Advisors LLC now owns 65,543 shares of the company’s stock worth $1,548,000 after buying an additional 4,073 shares in the last quarter. Finally, Van Hulzen Asset Management LLC grew its holdings in shares of Kraft Heinz by 5.6% during the second quarter. Van Hulzen Asset Management LLC now owns 10,029 shares of the company’s stock valued at $237,000 after buying an additional 529 shares during the last quarter. Institutional investors own 78.17% of the company’s stock.

Kraft Heinz News Summary

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

• Positive Sentiment: Royal Bank of Canada reaffirmed its “Outperform” rating and assigned a $32 price target, implying substantial upside from recent trading levels. The endorsement may reinforce investor confidence in KHC’s valuation and dividend appeal.
• Positive Sentiment: Capri Sun launched a limited-edition “Big Pouch” following consumer demand. The trial gives Kraft Heinz an opportunity to test a larger format and use customer feedback to guide future product decisions. Kraft Heinz Launches Limited Edition Big Pouch
• Positive Sentiment: Kraft Dinner introduced a limited-edition cream soda with Solly’s Craft Soda, highlighting KHC’s efforts to generate consumer attention through unusual brand extensions and partnerships. Kraft Dinner and Solly’s Cream Soda
• Neutral Sentiment: TD Cowen initiated or reaffirmed a “Hold” rating, suggesting the firm sees limited near-term upside despite KHC’s defensive characteristics. Kraft Heinz Earns Hold Rating from TD Cowen
• Neutral Sentiment: KHC was highlighted among stocks with unusually active options trading, with heavier call activity. That may indicate speculative bullish interest, but options flow does not necessarily translate into sustained buying of the shares. Most Active Options Report
• Negative Sentiment: Recent coverage pointed to pressure from Kraft Heinz’s removal from major Nasdaq indexes and a broader decline in investor momentum. While Capri Sun product buzz is a positive, weak portfolio performance and possible index-related selling weigh on sentiment. Kraft Heinz Valuation and Nasdaq Index Removal

Kraft Heinz Company Profile

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

The company’s well-known brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Lunchables, Capri Sun, Jell-O, Maxwell House and Classico, among others.