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

Kraft Heinz (NASDAQ:KHC)‘s stock had its “outperform” rating reaffirmed by research analysts at Royal Bank Of Canada in a report issued on Thursday, Benzinga reports. They currently have a $32.00 target price on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 33.75% from the company’s current price.

Several other analysts have also weighed in on KHC. TD Cowen reaffirmed a “hold” rating and issued a $22.00 price objective on shares of Kraft Heinz in a research note on Tuesday. Barclays raised their price objective on Kraft Heinz from $25.00 to $26.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. BNP Paribas Exane raised their price objective on Kraft Heinz from $17.00 to $19.00 and gave the company an “underperform” rating in a research note on Tuesday, June 30th. Evercore set a $24.00 price objective on Kraft Heinz in a research note on Thursday, August 6th. Finally, Sanford C. Bernstein lowered Kraft Heinz from a “market perform” rating to an “underperform” rating and reduced their price objective for the company from $25.00 to $21.00 in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $23.88.

Kraft Heinz Stock Performance

NASDAQ KHC traded up $0.14 on Thursday, reaching $23.93. The stock had a trading volume of 5,571,628 shares, compared to its average volume of 16,017,827. 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 firm has a fifty day moving average of $25.35 and a two-hundred day moving average of $23.97. Kraft Heinz has a 1-year low of $21.03 and a 1-year high of $28.09. The company has a market cap of $28.37 billion, a P/E ratio of -8.35, a price-to-earnings-growth ratio of 2.99 and a beta of 0.09.

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

Institutional Trading of Kraft Heinz

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

Key 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.

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.