Insider Buying: Albertsons Companies (NYSE:ACI) CFO Buys $103,320.00 in Stock

Albertsons Companies, Inc. (NYSE:ACI) CFO Sharon Mccollam acquired 9,000 shares of Albertsons Companies stock in a transaction dated Friday, July 31st. The shares were bought at an average cost of $11.48 per share, with a total value of $103,320.00. Following the completion of the purchase, the chief financial officer owned 567,051 shares in the company, valued at approximately $6,509,745.48. This represents a 1.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Albertsons Companies Trading Down 1.9%

Albertsons Companies stock opened at $11.84 on Thursday. Albertsons Companies, Inc. has a 52 week low of $10.86 and a 52 week high of $20.02. The company has a debt-to-equity ratio of 5.22, a quick ratio of 0.21 and a current ratio of 0.84. The firm has a market capitalization of $5.74 billion, a price-to-earnings ratio of 147.94, a P/E/G ratio of 2.07 and a beta of 0.42. The company has a 50 day moving average price of $14.07 and a 200 day moving average price of $16.05.

Albertsons Companies (NYSE:ACI) last announced its earnings results on Thursday, July 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.12). Albertsons Companies had a net margin of 0.08% and a return on equity of 45.59%. The firm had revenue of $24.94 billion for the quarter, compared to analyst estimates of $24.84 billion. During the same period last year, the firm earned $0.55 earnings per share. Albertsons Companies’s revenue for the quarter was up .2% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Research analysts forecast that Albertsons Companies, Inc. will post 1.64 EPS for the current year.

Albertsons Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, July 24th. Albertsons Companies’s dividend payout ratio is 850.00%.

Analyst Ratings Changes

A number of brokerages recently commented on ACI. Barclays lowered their price objective on shares of Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating on the stock in a research report on Friday, July 24th. The Goldman Sachs Group cut their target price on shares of Albertsons Companies from $24.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Wells Fargo & Company lowered shares of Albertsons Companies from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $18.00 to $11.00 in a research note on Thursday, July 23rd. BMO Capital Markets downgraded shares of Albertsons Companies from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $23.00 to $12.00 in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. cut their price objective on Albertsons Companies from $20.00 to $14.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Five equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $15.31.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. CWM LLC increased its holdings in shares of 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 purchasing an additional 730 shares during the period. NBC Securities Inc. raised its holdings in 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 acquiring an additional 885 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Albertsons Companies by 172.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock worth $35,000 after acquiring an additional 1,306 shares during the period. Fifth Third Bancorp lifted its position in shares of Albertsons Companies by 44.2% in the 4th quarter. Fifth Third Bancorp now owns 4,412 shares of the company’s stock worth $76,000 after acquiring an additional 1,353 shares during the period. Finally, Global Retirement Partners LLC grew its holdings in shares of Albertsons Companies by 32,526.7% during the 4th quarter. Global Retirement Partners LLC now owns 4,894 shares of the company’s stock worth $84,000 after purchasing an additional 4,879 shares in the last quarter. Institutional investors and hedge funds own 71.35% of the company’s stock.

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.