Foster & Motley Inc. Makes New $759,000 Investment in Albertsons Companies, Inc. $ACI

Foster & Motley Inc. acquired a new position in shares of Albertsons Companies, Inc. (NYSE:ACI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 56,102 shares of the company’s stock, valued at approximately $759,000.

Other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC increased its position in Albertsons Companies by 103.5% during the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock worth $25,000 after purchasing an additional 730 shares during the last quarter. NBC Securities Inc. boosted its holdings in shares of Albertsons Companies by 91.2% in the 4th quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock valued at $32,000 after purchasing an additional 885 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Albertsons Companies by 172.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock valued at $35,000 after buying an additional 1,306 shares during the period. Versant Capital Management Inc increased its holdings in shares of Albertsons Companies by 2,406.4% during the 2nd quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock worth $69,000 after buying an additional 4,909 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in shares of Albertsons Companies by 44.2% during the 4th quarter. Fifth Third Bancorp now owns 4,412 shares of the company’s stock worth $76,000 after buying an additional 1,353 shares during the last quarter. 71.35% of the stock is owned by institutional investors and hedge funds.

Albertsons Companies Stock Down 0.5%

NYSE ACI opened at $12.15 on Thursday. The company has a quick ratio of 0.21, a current ratio of 0.84 and a debt-to-equity ratio of 5.22. Albertsons Companies, Inc. has a fifty-two week low of $10.86 and a fifty-two week high of $20.00. The business has a 50 day moving average price of $13.36 and a two-hundred day moving average price of $15.71. The stock has a market cap of $5.90 billion, a PE ratio of 151.94, a P/E/G ratio of 2.08 and a beta of 0.42.

Albertsons Companies (NYSE:ACI) last posted its earnings results on Thursday, July 23rd. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). The firm had revenue of $24.94 billion for the quarter, compared to analyst estimates of $24.84 billion. Albertsons Companies had a return on equity of 45.59% and a net margin of 0.08%.The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.55 earnings per share. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. As a group, sell-side analysts predict that Albertsons Companies, Inc. will post 1.65 EPS for the current fiscal year.

Albertsons Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend was Friday, July 24th. Albertsons Companies’s payout ratio is presently 850.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Barclays cut their price objective on Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating on the stock in a report on Friday, July 24th. Royal Bank Of Canada reduced their price target on shares of Albertsons Companies from $20.00 to $13.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Weiss Ratings downgraded shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Wells Fargo & Company lowered shares of Albertsons Companies from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $18.00 to $11.00 in a research report on Thursday, July 23rd. Finally, UBS Group reissued a “neutral” rating and issued a $12.00 target price (down from $20.00) on shares of Albertsons Companies in a research note on Tuesday, July 28th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $15.31.

Insider Buying and Selling

In other Albertsons Companies news, EVP Thomas M. Moriarty bought 170,500 shares of Albertsons Companies stock in a transaction dated Monday, July 27th. The stock was bought at an average cost of $11.51 per share, for a total transaction of $1,962,455.00. Following the purchase, the executive vice president owned 308,946 shares in the company, valued at $3,555,968.46. This represents a 123.15% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Susan Morris purchased 39,409 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were bought at an average cost of $11.42 per share, with a total value of $450,050.78. Following the transaction, the chief executive officer directly owned 1,092,956 shares of the company’s stock, valued at approximately $12,481,557.52. This represents a 3.74% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have acquired 218,909 shares of company stock worth $2,515,826. 1.18% of the stock is currently owned by corporate insiders.

About Albertsons Companies

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.