Kraft Heinz Company $KHC Shares Purchased by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS raised its holdings in Kraft Heinz Company (NASDAQ:KHC) by 16.5% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 403,200 shares of the company’s stock after acquiring an additional 56,968 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Kraft Heinz were worth $9,161,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Pictet Asset Management Holding SA increased its stake in Kraft Heinz by 8.3% in the 3rd quarter. Pictet Asset Management Holding SA now owns 445,330 shares of the company’s stock worth $10,118,000 after buying an additional 34,119 shares during the period. Leelyn Smith LLC bought a new stake in Kraft Heinz during the 3rd quarter valued at about $3,193,000. Parallel Advisors LLC lifted its holdings in Kraft Heinz by 17.0% during the 3rd quarter. Parallel Advisors LLC now owns 11,796 shares of the company’s stock valued at $268,000 after buying an additional 1,713 shares in the last quarter. Alps Advisors Inc. lifted its holdings in Kraft Heinz by 4.0% during the 3rd quarter. Alps Advisors Inc. now owns 1,211,661 shares of the company’s stock valued at $27,529,000 after buying an additional 46,095 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its position in Kraft Heinz by 18.3% in the 3rd quarter. International Assets Investment Management LLC now owns 21,216 shares of the company’s stock valued at $477,000 after buying an additional 3,288 shares during the period. Institutional investors own 78.17% of the company’s stock.

More Kraft Heinz News

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

• Positive Sentiment: Kraft Heinz beat third-quarter earnings expectations and raised its 2026 earnings outlook. RBC also sees improving sales, market-share and volume trends as potential signs of a 2027 sales inflection. Kraft Heinz’s Improving Trends Point to 2027 Sales Inflection, RBC Says
• Positive Sentiment: The planned sale of its North American coffee business to One Rock is expected to generate about $650 million. Management intends to use proceeds to reduce debt and refocus on other brands, which could strengthen the balance sheet and sharpen its portfolio. Kraft Heinz to Sell Coffee Unit to Refocus on Other Brands
• Neutral Sentiment: Analyst views remain mixed: DBS reaffirmed a Hold rating, while Wells Fargo and UBS raised their price targets but retained neutral or equal-weight ratings. The cautious recommendations suggest limited conviction in near-term upside. DBS Reaffirms Their Hold Rating on Kraft Heinz
• Negative Sentiment: Management flagged persistent headwinds, including inflation above 5%, sluggish U.S. retail recovery and challenges in improving market share. These pressures could limit growth and offset the benefit of the earnings outlook increase. KHC Q3 Earnings Call Highlights Turnaround and Inflation Pressures
• Negative Sentiment: Dividend-focused coverage has highlighted payout safety concerns among food companies facing sales declines and debt burdens. Kraft Heinz’s declared quarterly dividend is $0.40 per share—an indicated annual yield of about 6.3%—but that high yield may also sharpen investor scrutiny of cash flow and debt. Kraft Heinz Battles Headwinds to Save Its Dividend

Kraft Heinz Trading Down 2.7%

NASDAQ KHC opened at $24.64 on Friday. Kraft Heinz Company has a one year low of $21.03 and a one year high of $28.09. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 1.06. The company has a market capitalization of $29.18 billion, a price-to-earnings ratio of -8.62, a price-to-earnings-growth ratio of 2.99 and a beta of 0.12. The company’s 50-day simple moving average is $24.01 and its two-hundred day simple moving average is $23.92.

Kraft Heinz (NASDAQ:KHC) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.11. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The firm had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the prior year, the company earned $0.61 EPS. The company’s revenue was down 2.0% compared to the same quarter last year. Equities analysts forecast that Kraft Heinz Company will post 2.06 EPS for the current fiscal year.

Kraft Heinz Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 23rd. Investors of record on Friday, December 4th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Friday, December 4th. Kraft Heinz’s dividend payout ratio (DPR) is presently -54.79%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on KHC. TD Cowen restated a “hold” rating and issued a $22.00 target price on shares of Kraft Heinz in a research note on Tuesday, September 22nd. Weiss Ratings downgraded shares of Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, August 6th. Evercore set a $24.00 price target on shares of Kraft Heinz in a research note on Thursday, August 6th. Jefferies Financial Group reiterated a “hold” rating and issued a $24.00 price target on shares of Kraft Heinz in a report on Wednesday. Finally, JPMorgan Chase & Co. dropped their price objective on Kraft Heinz from $24.00 to $23.00 and set an “underweight” rating on the stock in a research note on Tuesday, October 20th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $23.80.

Kraft Heinz Company Profile