Chicago Partners Investment Group LLC lifted its stake in shares of Kraft Heinz Company (NASDAQ:KHC – Free Report) by 146.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 93,079 shares of the company’s stock after acquiring an additional 55,264 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Kraft Heinz were worth $2,308,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Kraft Heinz during the 2nd quarter worth approximately $1,803,911,000. Pacer Advisors Inc. raised its position in shares of Kraft Heinz by 7.3% in the 1st 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 lifted its holdings in shares of 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 acquired a new position in shares of Kraft Heinz in the 2nd quarter valued at about $181,408,000. Finally, Deutsche Bank AG acquired a new position in shares of Kraft Heinz in the second quarter worth about $179,876,000. 78.17% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages have recently commented on KHC. Wells Fargo & Company upped their price objective on shares of Kraft Heinz from $23.00 to $24.00 and gave the stock an “equal weight” rating in a report on Thursday. Weiss Ratings downgraded Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, August 6th. Jefferies Financial Group restated a “hold” rating and set a $24.00 price objective on shares of Kraft Heinz in a report on Wednesday. Piper Sandler raised their price target on shares of Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Finally, UBS Group lifted their target price on Kraft Heinz from $24.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $23.80.
View Our Latest Stock Analysis on Kraft Heinz
Trending Headlines about Kraft Heinz
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 Stock Down 2.7%
KHC stock opened at $24.64 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.06 and a quick ratio of 0.68. The company has a 50-day moving average of $24.01 and a two-hundred day moving average of $23.92. The stock has a market capitalization of $29.22 billion, a price-to-earnings ratio of -8.62, 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.
Kraft Heinz (NASDAQ:KHC – Get Free Report) last issued its earnings results on Wednesday, November 4th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.11. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%. The business had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same period in the prior year, the company posted $0.61 earnings per share. Kraft Heinz’s revenue was down 2.0% on a year-over-year basis. As a group, equities research analysts anticipate that Kraft Heinz Company will post 2.06 EPS for the current year.
Kraft Heinz Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 23rd. Stockholders of record on Friday, December 4th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Friday, December 4th. Kraft Heinz’s payout ratio is presently -55.94%.
Kraft Heinz Company Profile
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