Kraft Heinz’s (KHC) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

Kraft Heinz (NASDAQ:KHCGet Free Report)‘s stock had its “outperform” rating reissued by research analysts at Royal Bank Of Canada in a report issued on Thursday, Benzinga reports. They presently have a $32.00 price target on the stock. Royal Bank Of Canada’s target price points to a potential upside of 34.30% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. UBS Group lifted their price objective on shares of Kraft Heinz from $25.00 to $27.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. lifted their target price on Kraft Heinz from $21.00 to $22.00 and gave the stock an “underweight” rating in a report on Wednesday, July 15th. Sanford C. Bernstein cut Kraft Heinz from a “market perform” rating to an “underperform” rating and dropped their price target for the stock from $25.00 to $21.00 in a research note on Wednesday, June 3rd. TD Cowen reissued a “hold” rating and issued a $22.00 price target on shares of Kraft Heinz in a research note on Tuesday. Finally, Wells Fargo & Company raised their price objective on Kraft Heinz from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $23.88.

Check Out Our Latest Stock Report on KHC

Kraft Heinz Stock Performance

KHC stock traded up $0.04 during mid-day trading on Thursday, reaching $23.83. The company had a trading volume of 2,584,919 shares, compared to its average volume of 15,999,676. The company has a quick ratio of 0.68, a current ratio of 1.06 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $28.25 billion, a P/E ratio of -8.33, a P/E/G ratio of 2.99 and a beta of 0.09. Kraft Heinz has a one year low of $21.03 and a one year high of $28.09. The stock’s 50-day simple moving average is $25.35 and its two-hundred day simple moving average is $23.97.

Kraft Heinz (NASDAQ:KHCGet Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.03. The company had revenue of $6.26 billion for the quarter, compared to analysts’ expectations of $6.18 billion. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%.The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period last year, the business posted $0.69 earnings per share. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. Research analysts anticipate that Kraft Heinz will post 2.06 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. BlackRock Inc. acquired a new position in shares of Kraft Heinz during the second quarter worth approximately $1,803,911,000. Auto Owners Insurance Co grew its position in Kraft Heinz by 3,034.1% in the fourth quarter. Auto Owners Insurance Co now owns 16,477,002 shares of the company’s stock valued at $39,957,000 after acquiring an additional 15,951,271 shares during the period. Norges Bank bought a new stake in Kraft Heinz in the fourth quarter valued at $332,382,000. Pacer Advisors Inc. grew its position in Kraft Heinz by 7.3% in the first quarter. Pacer Advisors Inc. now owns 9,270,503 shares of the company’s stock valued at $208,494,000 after acquiring an additional 633,645 shares during the period. Finally, Barclays PLC grew its position in Kraft Heinz by 77.8% in the fourth quarter. Barclays PLC now owns 8,973,146 shares of the company’s stock valued at $217,599,000 after acquiring an additional 3,926,141 shares during the period. 78.17% of the stock is currently owned by institutional investors and hedge funds.

More Kraft Heinz News

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

  • Positive Sentiment: Royal Bank of Canada reaffirmed its “outperform” rating and set a $32 price target, implying substantial upside from recent trading levels. RBC expects Kraft Heinz’s investments in innovation, pricing and marketing to improve results, with 2027 potentially marking a turning point.
  • Positive Sentiment: Capri Sun launched a limited-edition Big Pouch after consumer demand, giving Kraft Heinz an opportunity to test a larger format and use customer feedback to guide future product development. Kraft Heinz Launches Limited Edition Big Pouch After Consumer Demand
  • Positive Sentiment: Kraft Dinner is entering Canada’s beverage aisle through a limited-edition collaboration with Solly’s Craft Soda. Although the product is primarily a marketing and brand-engagement initiative, it highlights Kraft Heinz’s effort to generate attention through unconventional innovation. Kraft Dinner and Solly’s Cream Soda Collaboration
  • Neutral Sentiment: Unusual options activity showed a strong preference for calls in KHC, indicating bullish near-term positioning among some traders, though options flows can be speculative and do not necessarily signal durable institutional conviction. Most Active Options Report: KHC
  • Negative Sentiment: TD Cowen reaffirmed a “hold” rating and assigned a $22 price target, below recent trading levels. The target contrasts sharply with RBC’s bullish view and suggests limited upside based on TD Cowen’s assessment.
  • Negative Sentiment: Kraft Heinz was removed from major Nasdaq indexes, adding a technical and potential selling-pressure overhang. Recent weakness has also reflected concerns about declining volume and mix, despite the company’s efforts to use promotions, pricing and smaller pack sizes to improve affordability. Is Kraft Heinz Undervalued?
  • Negative Sentiment: Recent dividend-focused coverage highlights that Kraft Heinz offers a high yield but has an unfavorable payout profile, which could raise concerns about the durability of shareholder distributions if earnings and cash flow weaken.

Kraft Heinz Company Profile

(Get Free Report)

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company that develops, manufactures and markets branded products for consumers, retailers, foodservice operators and other customers. Its portfolio includes condiments and sauces, cheese and dairy products, meals, meats, beverages, snacks and other packaged foods.

The company’s well-known brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Lunchables, Capri Sun, Jell-O, Maxwell House and Classico, among others.

Featured Articles

Analyst Recommendations for Kraft Heinz (NASDAQ:KHC)

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.