Q3 EPS Estimates for Kraft Heinz Lowered by Zacks Research

Kraft Heinz Company (NASDAQ:KHC) – Stock analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for shares of Kraft Heinz in a report released on Wednesday, August 19th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.43 for the quarter, down from their prior forecast of $0.47. The consensus estimate for Kraft Heinz’s current full-year earnings is $2.06 per share. Zacks Research also issued estimates for Kraft Heinz’s Q4 2026 earnings at $0.49 EPS, FY2026 earnings at $2.06 EPS, Q1 2027 earnings at $0.52 EPS, Q2 2027 earnings at $0.54 EPS, Q3 2027 earnings at $0.48 EPS, Q4 2027 earnings at $0.55 EPS, FY2027 earnings at $2.09 EPS, Q1 2028 earnings at $0.53 EPS and FY2028 earnings at $2.14 EPS.

KHC has been the topic of several other research reports. Evercore set a $24.00 price target on Kraft Heinz in a research note on Thursday, August 6th. Wall Street Zen lowered shares of Kraft Heinz from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Barclays boosted their price objective on Kraft Heinz from $25.00 to $26.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kraft Heinz from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Thursday, May 7th. Finally, UBS Group increased their price objective on Kraft Heinz from $25.00 to $27.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, Kraft Heinz currently has an average rating of “Reduce” and an average target price of $23.62.

Kraft Heinz Trading Up 3.5%

Shares of Kraft Heinz stock opened at $25.68 on Thursday. The firm has a market capitalization of $30.45 billion, a price-to-earnings ratio of -8.98 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. Kraft Heinz has a 12-month low of $21.03 and a 12-month high of $28.10. The firm’s 50 day simple moving average is $24.94 and its two-hundred day simple moving average is $23.86.

Kraft Heinz (NASDAQ:KHC) last announced its earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.03. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%.The company had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.18 billion. During the same period in the prior year, the company posted $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.

Institutional Investors Weigh In On Kraft Heinz

Institutional investors and hedge funds have recently made changes to their positions in the business. Jessup Wealth Management Inc acquired a new stake in Kraft Heinz during the 4th quarter worth approximately $27,000. Reflection Asset Management acquired a new stake in Kraft Heinz in the fourth quarter valued at $28,000. DV Equities LLC purchased a new stake in Kraft Heinz during the fourth quarter worth about $29,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Kraft Heinz during the 1st quarter worth approximately $27,000. Finally, New England Capital Financial Advisors LLC boosted its position in Kraft Heinz by 70.2% during the fourth quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock worth $30,000 after purchasing an additional 511 shares in the last quarter. 78.17% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Diana Frost sold 18,502 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $23.05, for a total value of $426,471.10. Following the completion of the sale, the insider directly owned 102,667 shares of the company’s stock, valued at $2,366,474.35. The trade was a 15.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.24% of the stock is currently owned by insiders.

Kraft Heinz Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Friday, September 4th. Kraft Heinz’s payout ratio is -55.94%.

More Kraft Heinz News

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

• Positive Sentiment: Kraft Heinz is expanding its Away From Home business beyond ketchup, targeting restaurants, venues and additional foodservice customers. The initiative could broaden distribution and create more durable sales growth if the company successfully converts new customers. Can Kraft Heinz’s Away From Home Expansion Support Long-Term Growth?
• Positive Sentiment: Recent 13F filings showed Kraft Heinz remains a shared holding of Berkshire Hathaway and the Bill & Melinda Gates Foundation Trust. Berkshire’s position represented about 2.6% of its portfolio, potentially reinforcing investor confidence in KHC’s valuation, brands and cash-flow profile. Bill Gates and Warren Buffett’s Berkshire Portfolios Have This One Non-AI Stock in Common
• Neutral Sentiment: Zacks Research raised its FY2027 EPS forecast to $2.09 from $2.04 and increased estimates for several 2027 quarters, including Q2, Q3 and Q4. However, its FY2026 forecast of $2.06 remains in line with consensus, suggesting limited near-term earnings momentum.
• Negative Sentiment: Zacks lowered estimates for Q3 2026 EPS to $0.43 from $0.47, Q4 2026 to $0.49 from $0.50, Q1 2027 to $0.52 from $0.53, Q1 2028 to $0.53 from $0.56 and FY2028 to $2.14 from $2.15. These cuts indicate continued concerns about near-term operating performance and longer-term growth.

About Kraft Heinz

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.