Kraft Heinz Company $KHC Position Reduced by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lowered its position in shares of Kraft Heinz Company (NASDAQ:KHC) by 95.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,485 shares of the company’s stock after selling 191,509 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Kraft Heinz were worth $191,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Kraft Heinz in the second quarter valued at approximately $1,803,911,000. Pacer Advisors Inc. boosted its holdings in Kraft Heinz by 7.3% during the first quarter. Pacer Advisors Inc. now owns 9,270,503 shares of the company’s stock worth $208,494,000 after purchasing an additional 633,645 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Kraft Heinz by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 7,944,618 shares of the company’s stock worth $178,663,000 after purchasing an additional 149,034 shares during the last quarter. Nykredit A S acquired a new position in Kraft Heinz during the second quarter worth $181,408,000. Finally, Deutsche Bank AG bought a new position in Kraft Heinz in the second quarter valued at $179,876,000. 78.17% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $32.00 price target on shares of Kraft Heinz in a research note on Thursday, September 24th. Barclays cut their price target on shares of Kraft Heinz from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Friday, October 16th. JPMorgan Chase & Co. reduced their price objective on shares of Kraft Heinz from $24.00 to $23.00 and set an “underweight” rating for the company in a research note on Tuesday, October 20th. Piper Sandler raised their price objective on Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Finally, BNP Paribas Exane raised their price objective on Kraft Heinz from $17.00 to $19.00 and gave the company an “underperform” rating in a report on Tuesday, June 30th. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, Kraft Heinz presently has a consensus rating of “Reduce” and an average price target of $23.81.

Key Headlines Impacting Kraft Heinz

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

• Positive Sentiment: Investors are positioning ahead of Kraft Heinz’s third-quarter earnings release on November 4, 2026, and its November 12 investor day. Management’s focus on innovation, marketing investment, and protein- and fiber-oriented products could support a return to growth in 2027. Kraft Heinz Rises as Investors Weigh Upcoming Catalysts and Improving Sentiment
• Positive Sentiment: A bullish investment thesis highlights Kraft Heinz’s strong cash generation, debt reduction, and relatively modest valuation compared with other packaged-food companies such as General Mills and Conagra Brands. The company’s dividend yield is approaching 7%, which may attract income-oriented investors despite weak long-term share performance. Kraft Heinz versus General Mills and Conagra Brands
• Positive Sentiment: Unusually high call-option activity and a reported purchase of Kraft Heinz shares by CEO Steven Cahillane suggest some traders and insiders are positioning for a recovery. Kraft Heinz market activity
• Neutral Sentiment: Analysts expect investors to focus on whether Kraft Heinz can stabilize brand performance, improve consumption trends, and provide credible 2027 growth targets in its upcoming earnings report. What to Expect From Kraft Heinz’s Next Earnings Report
• Negative Sentiment: Bearish coverage points to Kraft Heinz’s more than 35% five-year share-price decline, persistent brand and volume challenges, and uncertainty over whether a proposed brand reset can restore sustainable growth. What’s Wrong With Kraft Heinz Stock?
• Negative Sentiment: JPMorgan issued a pessimistic forecast, while the reported analyst price-target median of $24 suggests limited near-term upside around recent trading levels. Kraft Heinz also faces earnings pressure: the latest quarter’s revenue declined year over year and EPS fell from the prior-year period despite beating estimates. JPMorgan forecast for Kraft Heinz

Kraft Heinz Stock Performance

Shares of KHC opened at $24.80 on Friday. The company has a market cap of $29.40 billion, a PE ratio of -8.67, a price-to-earnings-growth ratio of 2.99 and a beta of 0.12. The firm has a 50-day moving average of $24.13 and a 200-day moving average of $24.05. Kraft Heinz Company has a one year low of $21.03 and a one year high of $28.09. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.06 and a quick ratio of 0.68.

Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating 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 company had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.18 billion. During the same period in the prior year, the firm earned $0.69 EPS. Kraft Heinz’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. As a group, equities analysts forecast that Kraft Heinz Company will post 2.06 earnings per share for the current year.

Kraft Heinz Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend was Friday, September 4th. Kraft Heinz’s payout ratio is -55.94%.

Kraft Heinz Profile

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

The company’s brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Jell-O, Maxwell House, Lunchables, Capri Sun, Planters and Classico, among others. Products are sold through grocery stores, mass merchants, club stores, convenience retailers, e-commerce channels and foodservice distributors.

Kraft Heinz was created in 2015 through the merger of Kraft Foods Group and H.J.