Kraft Heinz Company $KHC Shares Newly Purchased by Corecam AG

Corecam AG acquired a new position in Kraft Heinz Company (NASDAQ:KHC) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 111,640 shares of the company’s stock, valued at approximately $2,536,000. Kraft Heinz accounts for about 2.4% of Corecam AG’s portfolio, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KHC. BlackRock Inc. bought a new position in shares of Kraft Heinz during the 2nd quarter valued at approximately $1,803,911,000. Pacer Advisors Inc. lifted its holdings in Kraft Heinz by 7.3% during the first quarter. Pacer Advisors Inc. now owns 9,270,503 shares of the company’s stock valued at $208,494,000 after purchasing an additional 633,645 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Kraft Heinz by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 7,944,618 shares of the company’s stock worth $178,663,000 after purchasing an additional 149,034 shares during the period. Nykredit A S bought a new position in Kraft Heinz during the second quarter worth about $181,408,000. Finally, Deutsche Bank AG bought a new position in Kraft Heinz during the second quarter worth about $179,876,000. 78.17% of the stock is currently owned by hedge funds and other institutional investors.

Kraft Heinz Trading Up 1.8%

Shares of KHC stock opened at $24.34 on Friday. The company has a market capitalization of $28.86 billion, a PE ratio of -8.51, a price-to-earnings-growth ratio of 2.99 and a beta of 0.12. Kraft Heinz Company has a 52-week low of $21.03 and a 52-week high of $28.09. The business’s fifty day moving average is $24.04 and its 200 day moving average is $23.89. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 1.06.

Kraft Heinz (NASDAQ:KHC) last posted its earnings results on Wednesday, August 5th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.53 by $0.03. The business had revenue of $6.26 billion during 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 revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.69 earnings per share. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. On average, equities research analysts anticipate that Kraft Heinz Company will post 2.06 EPS for the current fiscal year.

Kraft Heinz Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 4th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.6%. The ex-dividend date was Friday, September 4th. Kraft Heinz’s dividend payout ratio is -55.94%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on KHC shares. JPMorgan Chase & Co. lowered their price target on shares of Kraft Heinz from $24.00 to $23.00 and set an “underweight” rating on the stock in a research report on Tuesday, October 20th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $32.00 price objective on shares of Kraft Heinz in a report on Thursday, September 24th. Wells Fargo & Company reduced their price objective on shares of Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Monday, October 5th. UBS Group reissued a “neutral” rating on shares of Kraft Heinz in a report on Thursday, October 15th. Finally, Piper Sandler increased their target price on Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $23.60.

Kraft Heinz News Roundup

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

• Positive Sentiment: Relative market outperformance: Kraft Heinz gained despite a weaker overall market, indicating company-specific support and continued interest in its defensive consumer-staples exposure. Why the Market Dipped But Kraft Heinz Gained Today
• Positive Sentiment: Essential-products portfolio: Kraft Heinz sells widely used condiments, dairy products, prepared meals, packaged meats and beverages through retail, wholesale and foodservice channels, which can support demand stability during uncertain economic conditions. Kraft Heinz vs. PepsiCo
• Neutral Sentiment: Peer comparison: Coverage comparing Kraft Heinz with competitors such as PepsiCo focuses on portfolio breadth and consumer-staples positioning, but does not identify a new company-specific catalyst. Comparing Kraft Heinz and Its Competitors
• Negative Sentiment: Weak Q3 expectations: Kraft Heinz is expected to report softer sales and earnings, reflecting weak volumes, cautious consumer spending and higher costs. Strategic investments could provide some support, but near-term results may remain pressured. Kraft Heinz to Report Q3 Earnings
• Negative Sentiment: Stagnant revenue concerns: Comparisons with faster-growing consumer-goods companies underscore Kraft Heinz’s limited revenue momentum, challenging the assumption that defensive staples automatically deliver steady growth. Kraft Heinz vs. Coca-Cola
• Negative Sentiment: Dividend and earnings-quality scrutiny: Reports highlighting negative reported EPS and questions about dividend coverage could increase investor concern about the safety of Kraft Heinz’s income appeal, even if cash generation supports current payments. Kraft Heinz EPS and Dividend Coverage

About Kraft Heinz

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

The company’s brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Jell-O, Maxwell House, Lunchables, Capri Sun, Planters and Classico, among others. Products are sold through grocery stores, mass merchants, club stores, convenience retailers, e-commerce channels and foodservice distributors.

Kraft Heinz was created in 2015 through the merger of Kraft Foods Group and H.J.