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

Kraft Heinz (NASDAQ:KHC)‘s stock had its “outperform” rating reaffirmed by investment analysts at Royal Bank Of Canada in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $32.00 price objective on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 34.08% from the stock’s previous close.

KHC has been the topic of several other research reports. TD Cowen reissued a “hold” rating and set a $22.00 price objective on shares of Kraft Heinz in a research note on Tuesday. Wall Street Zen lowered shares of Kraft Heinz from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Piper Sandler raised their target price on shares of Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Sanford C. Bernstein downgraded shares of Kraft Heinz from a “market perform” rating to an “underperform” rating and dropped their target price for the stock from $25.00 to $21.00 in a report on Wednesday, June 3rd. Finally, Evercore set a $24.00 price objective on shares of Kraft Heinz in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $23.88.

Kraft Heinz Price Performance

NASDAQ:KHC traded up $0.08 during mid-day trading on Thursday, reaching $23.87. 2,118,991 shares of the company were exchanged, compared to its average volume of 15,998,405. Kraft Heinz has a 12 month low of $21.03 and a 12 month high of $28.09. The company has a fifty day moving average of $25.35 and a 200 day moving average of $23.97. The company has a quick ratio of 0.68, a current ratio of 1.06 and a debt-to-equity ratio of 0.49. The stock has a market cap of $28.30 billion, a PE ratio of -8.35, a PEG ratio of 2.99 and a beta of 0.09.

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

Institutional Investors Weigh In On Kraft Heinz

Institutional investors have recently modified their holdings of the business. Talon Private Wealth LLC acquired a new position in Kraft Heinz in the second quarter valued at about $204,000. Core Capital Management & Research inc. acquired a new position in Kraft Heinz during the second quarter worth about $8,517,000. The Manufacturers Life Insurance Company raised its stake in Kraft Heinz by 11.3% during the second 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 in the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Kraft Heinz by 6.6% in the second quarter. Sequoia Financial Advisors LLC now owns 65,543 shares of the company’s stock valued at $1,548,000 after buying an additional 4,073 shares during the period. Finally, Van Hulzen Asset Management LLC increased its stake in shares of Kraft Heinz by 5.6% in the second quarter. Van Hulzen Asset Management LLC now owns 10,029 shares of the company’s stock valued at $237,000 after buying an additional 529 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: 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.