Kraft Heinz (NASDAQ:KHC) Receives “Outperform” Rating from Royal Bank Of Canada

Kraft Heinz (NASDAQ:KHC)‘s stock had its “outperform” rating reaffirmed by Royal Bank Of Canada in a research note issued on Thursday, Benzinga reports. They presently have a $32.00 target price on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 34.94% from the stock’s previous close.

KHC has been the topic of several other research reports. TD Cowen restated a “hold” rating and set a $22.00 target price on shares of Kraft Heinz in a research report on Tuesday. BNP Paribas Exane lifted their price objective on shares of Kraft Heinz from $17.00 to $19.00 and gave the company an “underperform” rating in a research note on Tuesday, June 30th. JPMorgan Chase & Co. raised their price target on shares of Kraft Heinz from $21.00 to $22.00 and gave the stock an “underweight” rating in a report on Wednesday, July 15th. Piper Sandler increased their price objective on shares of Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Finally, Wall Street Zen downgraded Kraft Heinz from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, Kraft Heinz has a consensus rating of “Reduce” and a consensus target price of $23.88.

Kraft Heinz Trading Down 0.3%

Shares of NASDAQ:KHC traded down $0.08 during mid-day trading on Thursday, reaching $23.72. 3,267,562 shares of the company’s stock were exchanged, compared to its average volume of 16,004,168. 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 has a twelve month low of $21.03 and a twelve month high of $28.09. The firm has a market capitalization of $28.12 billion, a price-to-earnings ratio of -8.30, a PEG ratio of 2.99 and a beta of 0.09. The business’s fifty day moving average price is $25.35 and its 200-day moving average price is $23.97.

Kraft Heinz (NASDAQ:KHC) last announced 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 firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.18 billion. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%.The business’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.69 EPS. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. On average, research analysts predict that Kraft Heinz will post 2.06 EPS for the current fiscal year.

Hedge Funds Weigh In On Kraft Heinz

Hedge funds have recently bought and sold shares of the company. Talon Private Wealth LLC purchased a new position in shares of Kraft Heinz during the 2nd quarter valued at $204,000. Core Capital Management & Research inc. purchased a new position in Kraft Heinz during the second quarter worth about $8,517,000. The Manufacturers Life Insurance Company increased its stake in Kraft Heinz by 11.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 561,627 shares of the company’s stock worth $13,266,000 after acquiring an additional 57,092 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Kraft Heinz by 6.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 65,543 shares of the company’s stock valued at $1,548,000 after acquiring an additional 4,073 shares in the last quarter. Finally, Van Hulzen Asset Management LLC boosted its position in shares of Kraft Heinz by 5.6% during the 2nd quarter. Van Hulzen Asset Management LLC now owns 10,029 shares of the company’s stock valued at $237,000 after acquiring an additional 529 shares during the last quarter. Hedge funds and other institutional investors own 78.17% of the company’s stock.

Kraft Heinz News Summary

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.

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, 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.