WINTON GROUP Ltd purchased a new stake in Albertsons Companies, Inc. (NYSE:ACI – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 289,015 shares of the company’s stock, valued at approximately $3,910,000.
Other large investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake 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 purchasing an additional 1,306 shares in the last quarter. Allworth Financial LP lifted its position in Albertsons Companies by 144.3% during the 2nd quarter. Allworth Financial LP now owns 3,767 shares of the company’s stock worth $51,000 after buying an additional 2,225 shares in the last quarter. Global Retirement Partners LLC raised its holdings in Albertsons Companies by 32,526.7% during the fourth quarter. Global Retirement Partners LLC now owns 4,894 shares of the company’s stock worth $84,000 after acquiring an additional 4,879 shares in the last quarter. Continuum Advisory LLC acquired a new stake in shares of Albertsons Companies in the 2nd quarter valued at approximately $66,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in Albertsons Companies in the fourth quarter valued at $84,000. Institutional investors own 71.35% of the company’s stock.
Insider Activity
In other news, CFO Sharon Mccollam acquired 9,000 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was purchased at an average price of $11.48 per share, for a total transaction of $103,320.00. Following the completion of the acquisition, the chief financial officer directly owned 567,051 shares in the company, valued at $6,509,745.48. The trade was a 1.61% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Thomas Moriarty acquired 170,500 shares of the stock in a transaction on Monday, July 27th. The shares were acquired at an average price of $11.51 per share, for a total transaction of $1,962,455.00. Following the acquisition, the executive vice president owned 308,946 shares of the company’s stock, valued at approximately $3,555,968.46. The trade was a 123.15% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 218,909 shares of company stock worth $2,515,826 over the last quarter. 1.18% of the stock is currently owned by corporate insiders.
Albertsons Companies Price Performance
Albertsons Companies (NYSE:ACI – Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.12). The business 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 prior year, the business earned $0.55 EPS. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. On average, analysts expect that Albertsons Companies, Inc. will post 1.65 earnings per share for the current year.
Albertsons Companies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were paid a $0.17 dividend. The ex-dividend date was Friday, July 24th. This represents a $0.68 annualized dividend and a dividend yield of 5.8%. Albertsons Companies’s dividend payout ratio (DPR) is currently 850.00%.
Analyst Ratings Changes
A number of research firms have recently issued reports on ACI. BMO Capital Markets cut Albertsons Companies from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $23.00 to $12.00 in a research report on Friday, July 24th. Wells Fargo & Company cut shares of Albertsons Companies from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $18.00 to $11.00 in a report on Thursday, July 23rd. Zacks Research downgraded Albertsons Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. JPMorgan Chase & Co. lowered their price objective on shares of Albertsons Companies from $20.00 to $14.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Finally, Barclays dropped their target price on shares of Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating for the company in a report on Friday, July 24th. Five 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. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $15.31.
Check Out Our Latest Research Report on Albertsons Companies
Albertsons Companies Profile
Albertsons Companies, Inc is a food and drug retailer that operates supermarkets, pharmacies and related omnichannel grocery businesses in the United States. Its stores offer fresh produce, meat and seafood, bakery and deli products, packaged groceries, household goods, health and beauty products, and pharmacy services. The company also provides online ordering, grocery delivery and pickup services through its digital platforms.
Albertsons Companies operates under a portfolio of well-known banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, United Supermarkets, Market Street, Pavilions, Carrs and Haggen.
Featured Stories
- Five stocks we like better than Albertsons Companies
- AeroVironment’s Record Backlog and Earnings Beat Fuel Recovery Case
- Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
- 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
- Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
Want to see what other hedge funds are holding ACI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Albertsons Companies, Inc. (NYSE:ACI – Free Report).
Receive News & Ratings for Albertsons Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Albertsons Companies and related companies with MarketBeat.com's FREE daily email newsletter.
