Key Points
- Cory Onell, a Kraft Heinz insider, sold 9,045 shares on March 2 at an average price of $24.61 for about $222,597 and then sold 4,991 shares on March 3; his stake fell 4.28% to 202,454 shares (~$4.98M).
- Kraft Heinz beat Q4 EPS estimates with $0.67 (vs. $0.61) but revenue was slightly below expectations at $6.35B, the company set FY2026 guidance of 1.980–2.100 EPS, and declared a $0.40 quarterly dividend (annualized $1.60) with a ~6.6% yield (ex-dividend March 6).
- Analysts have cut price targets and ratings recently, leaving a MarketBeat consensus rating of "Reduce" and a consensus target price of $24.89.
Kraft Heinz Company (NASDAQ:KHC - Get Free Report) insider Cory Onell sold 4,991 shares of the firm's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $24.34, for a total value of $121,480.94. Following the transaction, the insider directly owned 197,463 shares in the company, valued at $4,806,249.42. This trade represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.
Cory Onell also recently made the following trade(s):
- On Monday, March 2nd, Cory Onell sold 9,045 shares of Kraft Heinz stock. The shares were sold at an average price of $24.61, for a total transaction of $222,597.45.
Kraft Heinz Stock Down 1.2%
KHC stock opened at $24.22 on Wednesday. The firm's 50-day moving average is $24.00 and its two-hundred day moving average is $25.03. The company has a market capitalization of $28.67 billion, a price-to-earnings ratio of -4.90 and a beta of 0.06. Kraft Heinz Company has a 52 week low of $21.99 and a 52 week high of $33.35. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.
Kraft Heinz (NASDAQ:KHC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.06. Kraft Heinz had a negative net margin of 23.44% and a positive return on equity of 7.07%. The business had revenue of $6.35 billion for the quarter, compared to analyst estimates of $6.38 billion. During the same quarter last year, the business earned $0.84 earnings per share. The business's revenue for the quarter was down 3.4% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. On average, analysts forecast that Kraft Heinz Company will post 2.68 earnings per share for the current fiscal year.
Kraft Heinz Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be issued a $0.40 dividend. The ex-dividend date is Friday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 6.6%. Kraft Heinz's dividend payout ratio is -32.39%.
Analysts Set New Price Targets
KHC has been the subject of a number of research analyst reports. BNP Paribas Exane cut their price target on shares of Kraft Heinz from $22.00 to $20.00 and set an "underperform" rating for the company in a report on Thursday, February 12th. Mizuho reduced their target price on shares of Kraft Heinz from $27.00 to $25.00 and set a "neutral" rating for the company in a report on Monday, February 23rd. Morgan Stanley restated an "underweight" rating and issued a $23.00 price target on shares of Kraft Heinz in a research report on Tuesday, February 17th. Sanford C. Bernstein increased their price objective on Kraft Heinz from $24.00 to $27.00 and gave the company a "market perform" rating in a research report on Thursday, February 12th. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of Kraft Heinz in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, Kraft Heinz has a consensus rating of "Reduce" and an average price target of $24.89.
Read Our Latest Research Report on KHC
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Generali Asset Management SPA SGR grew its stake in Kraft Heinz by 192.4% in the third quarter. Generali Asset Management SPA SGR now owns 81,260 shares of the company's stock valued at $2,116,000 after purchasing an additional 53,467 shares in the last quarter. Fairfax Financial Holdings Ltd. Can grew its stake in shares of Kraft Heinz by 45.4% in the 2nd 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 in the last quarter. First Horizon Corp bought a new stake in shares of Kraft Heinz in the 3rd quarter valued at approximately $4,678,000. Savoir Faire Capital Management L.P. bought a new position in Kraft Heinz during the third quarter valued at approximately $12,923,000. Finally, Peak Retirement Planning Inc. acquired a new stake in Kraft Heinz in the third quarter valued at approximately $1,655,000. Hedge funds and other institutional investors own 78.17% of the company's stock.
About Kraft Heinz
(
Get Free Report)
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.
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