Infrastructure Capital Advisors LLC purchased a new position in shares of Kraft Heinz Company (NASDAQ:KHC – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 67,381 shares of the company’s stock, valued at approximately $1,592,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jessup Wealth Management Inc purchased a new stake in shares of Kraft Heinz during the fourth quarter worth about $27,000. Reflection Asset Management purchased a new position in shares of Kraft Heinz during the fourth quarter valued at approximately $28,000. DV Equities LLC purchased a new stake in Kraft Heinz in the fourth quarter worth $29,000. Cassaday & Co Wealth Management LLC bought a new stake in Kraft Heinz in the first quarter valued at $27,000. Finally, New England Capital Financial Advisors LLC raised its holdings in Kraft Heinz by 70.2% in the 4th 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. Institutional investors own 78.17% of the company’s stock.
Kraft Heinz Stock Performance
Kraft Heinz stock opened at $25.58 on Monday. Kraft Heinz Company has a 12 month low of $21.03 and a 12 month high of $28.10. The company has a market capitalization of $30.33 billion, a price-to-earnings ratio of -8.94 and a beta of 0.08. The business’s fifty day simple moving average is $24.99 and its two-hundred day simple moving average is $23.89. 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 Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.60 annualized dividend and a dividend yield of 6.3%. Kraft Heinz’s dividend payout ratio (DPR) is -55.94%.
Insiders Place Their Bets
In related news, insider Diana Frost sold 18,502 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $23.05, for a total value of $426,471.10. Following the transaction, the insider directly owned 102,667 shares of the company’s stock, valued at approximately $2,366,474.35. This represents a 15.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.24% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on KHC shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Kraft Heinz from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Thursday, May 7th. Sanford C. Bernstein cut Kraft Heinz from a “market perform” rating to an “underperform” rating and cut their price objective for the company from $25.00 to $21.00 in a research report on Wednesday, June 3rd. TD Cowen increased their target price on Kraft Heinz from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. BNP Paribas Exane raised their target price on Kraft Heinz from $17.00 to $19.00 and gave the company an “underperform” rating in a research note on Tuesday, June 30th. Finally, Wall Street Zen cut Kraft Heinz from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Kraft Heinz presently has a consensus rating of “Reduce” and an average target price of $23.62.
View Our Latest Stock Analysis on Kraft Heinz
More Kraft Heinz News
Here are the key news stories impacting Kraft Heinz this week:
- Positive Sentiment: Investment in key brands is showing early signs of improving market share, with volumes and earnings expected to recover in 2027 as spending initiatives gain traction. Emerging Markets are a notable growth driver, posting 8.5% organic sales growth and offering long-term expansion potential. The stock’s valuation is also viewed as reasonable. Kraft Heinz: Early Signs Of Turnaround Gaining Traction And Reasonable Valuation
- Positive Sentiment: Zacks Research raised its FY2027 EPS forecast to $2.09 from $2.04, and increased estimates for Q2 and Q3 2027 and Q4 2027. These revisions support the view that current investments could produce better profitability beyond 2026. Kraft Heinz analyst estimates
- Neutral Sentiment: The FY2026 EPS forecast now stands at $2.06, matching consensus but below Zacks’ previous $2.08 estimate. FY2028 EPS is projected at $2.14, slightly below the prior $2.15 forecast, suggesting modest long-term revisions rather than a broad earnings reset.
- Negative Sentiment: Zacks lowered Q3 2026 EPS to $0.43 from $0.47, cut Q4 2026 EPS to $0.49 from $0.50, and reduced Q1 2027 EPS to $0.52 from $0.53. The revisions reflect expected pressure from higher brand investment and indicate that the turnaround may weigh on earnings before benefits appear.
Kraft Heinz Company Profile
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.
Recommended Stories
- Five stocks we like better than Kraft Heinz
- VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You?
- 3 Closed-End Funds to Maximize Dividend Payments
- Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy?
- $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
Want to see what other hedge funds are holding KHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kraft Heinz Company (NASDAQ:KHC – Free Report).
Receive News & Ratings for Kraft Heinz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kraft Heinz and related companies with MarketBeat.com's FREE daily email newsletter.
