ORG Partners LLC Decreases Stock Position in Kraft Heinz Company $KHC

ORG Partners LLC cut its stake in Kraft Heinz Company (NASDAQ:KHC) by 89.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,666 shares of the company’s stock after selling 23,383 shares during the quarter. ORG Partners LLC’s holdings in Kraft Heinz were worth $65,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Generali Asset Management SPA SGR raised its position in Kraft Heinz by 192.4% in the 3rd quarter. Generali Asset Management SPA SGR now owns 81,260 shares of the company’s stock worth $2,116,000 after purchasing an additional 53,467 shares during the period. Fairfax Financial Holdings Ltd. Can boosted its position in shares of Kraft Heinz by 45.4% during the second quarter. Fairfax Financial Holdings Ltd. Can now owns 4,884,000 shares of the company’s stock valued at $126,056,000 after buying an additional 1,525,000 shares during the period. First Horizon Corp purchased a new position in shares of Kraft Heinz during the third quarter valued at approximately $4,678,000. Savoir Faire Capital Management L.P. bought a new position in shares of Kraft Heinz during the third quarter valued at approximately $12,923,000. Finally, Schroder Investment Management Group grew its stake in shares of Kraft Heinz by 2.4% during the third quarter. Schroder Investment Management Group now owns 3,263,971 shares of the company’s stock valued at $84,994,000 after buying an additional 77,045 shares during the last quarter. 78.17% of the stock is owned by hedge funds and other institutional investors.

Kraft Heinz Stock Up 0.7%

Shares of NASDAQ KHC opened at $22.49 on Wednesday. Kraft Heinz Company has a 52-week low of $21.03 and a 52-week high of $31.15. The firm has a market capitalization of $26.62 billion, a price-to-earnings ratio of -4.55 and a beta of 0.06. The stock has a 50 day moving average price of $23.51 and a 200 day moving average price of $24.38. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 1.15.

Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings data on Wednesday, February 11th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. Kraft Heinz had a positive return on equity of 7.07% and a negative net margin of 23.44%.The company had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.38 billion. During the same period last year, the business posted $0.84 EPS. Kraft Heinz’s quarterly revenue was down 3.4% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Sell-side analysts expect that Kraft Heinz Company will post 2.68 earnings per share for the current year.

Kraft Heinz Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 6th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 7.1%. The ex-dividend date was Friday, March 6th. Kraft Heinz’s payout ratio is presently -32.39%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on KHC. Jefferies Financial Group decreased their price target on Kraft Heinz from $24.00 to $23.00 and set a “hold” rating for the company in a research note on Tuesday, January 20th. BNP Paribas Exane reduced their target price on Kraft Heinz from $22.00 to $20.00 and set an “underperform” rating on the stock in a research note on Thursday, February 12th. The Goldman Sachs Group set a $23.00 target price on Kraft Heinz in a research report on Thursday, February 12th. Weiss Ratings reissued a “sell (d)” rating on shares of Kraft Heinz in a research note on Thursday, January 22nd. Finally, Morgan Stanley restated an “underweight” rating and issued a $23.00 price target on shares of Kraft Heinz in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat, Kraft Heinz has an average rating of “Reduce” and an average target price of $24.44.

Insider Buying and Selling at Kraft Heinz

In related news, insider Cory Onell sold 4,991 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $24.34, for a total value of $121,480.94. Following the completion of the sale, the insider directly owned 197,463 shares of the company’s stock, valued at $4,806,249.42. This represents a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.35% of the stock is owned by insiders.

Kraft Heinz Company Profile

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company. The combination created one of the largest packaged-food companies in the world, built around well-known consumer brands. The merger was supported by major investors and established a multi-national platform for branded food products.

Kraft Heinz develops, manufactures, markets and distributes a broad portfolio of branded packaged foods and condiments.