166,460 Shares in Albertsons Companies, Inc. $ACI Acquired by Strategic Global Advisors LLC

Strategic Global Advisors LLC acquired a new position in shares of Albertsons Companies, Inc. (NYSE:ACI) during the 4th quarter, Holdings Channel reports. The fund acquired 166,460 shares of the company’s stock, valued at approximately $2,858,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC boosted its stake in Albertsons Companies by 103.5% during the 4th quarter. CWM LLC now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 730 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in Albertsons Companies by 185.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock worth $28,000 after buying an additional 1,057 shares during the period. NBC Securities Inc. raised its holdings in Albertsons Companies by 91.2% during the 4th quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after buying an additional 885 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Albertsons Companies by 172.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock worth $35,000 after buying an additional 1,306 shares during the period. Finally, Elevation Wealth Partners LLC acquired a new stake in Albertsons Companies during the 4th quarter worth approximately $46,000. Institutional investors own 71.35% of the company’s stock.

Albertsons Companies Stock Down 0.2%

Shares of ACI stock opened at $15.37 on Monday. The company has a current ratio of 0.86, a quick ratio of 0.20 and a debt-to-equity ratio of 4.58. Albertsons Companies, Inc. has a 1 year low of $15.01 and a 1 year high of $22.78. The firm’s fifty day moving average price is $16.45 and its two-hundred day moving average price is $17.08. The firm has a market capitalization of $7.60 billion, a P/E ratio of 48.04, a PEG ratio of 1.76 and a beta of 0.40.

Albertsons Companies (NYSE:ACI) last issued its quarterly earnings results on Tuesday, April 14th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. The firm had revenue of $20.25 billion for the quarter, compared to analyst estimates of $20.49 billion. During the same period in the previous year, the business earned $0.46 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. On average, equities analysts predict that Albertsons Companies, Inc. will post 2.11 EPS for the current fiscal year.

Albertsons Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 24th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, April 24th. This is an increase from Albertsons Companies’s previous quarterly dividend of $0.15. Albertsons Companies’s dividend payout ratio (DPR) is presently 212.50%.

Analyst Ratings Changes

Several brokerages have commented on ACI. JPMorgan Chase & Co. dropped their target price on shares of Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating on the stock in a report on Wednesday, April 15th. UBS Group dropped their target price on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Royal Bank Of Canada restated an “outperform” rating and set a $21.00 target price on shares of Albertsons Companies in a report on Monday, April 6th. Citigroup dropped their target price on shares of Albertsons Companies from $26.00 to $22.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Finally, Weiss Ratings downgraded shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 29th. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Albertsons Companies currently has an average rating of “Hold” and a consensus price target of $21.31.

Albertsons Companies Profile

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.