Key Points
- EVP Michael Theilmann sold 49,000 shares of Albertsons on Jan. 14 at an average price of $17.63 for about $863,870, reducing his holding by 14.48% to 289,429 shares (SEC filing disclosed).
- The company declared a quarterly dividend of $0.15 per share (annualized $0.60), with an ex-dividend date of Jan. 23 and a yield of roughly 3.5%.
- Albertsons beat Q4 EPS expectations ($0.72 vs. $0.67), gave FY2025 EPS guidance of $2.08–2.16 (analysts expect $2.14), and carries a consensus "Moderate Buy" rating with a $22.21 price target.
Albertsons Companies, Inc. (NYSE:ACI - Get Free Report) EVP Michael Theilmann sold 49,000 shares of Albertsons Companies stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $17.63, for a total value of $863,870.00. Following the completion of the sale, the executive vice president directly owned 289,429 shares in the company, valued at $5,102,633.27. This represents a 14.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Albertsons Companies Stock Performance
NYSE ACI opened at $17.34 on Friday. The stock has a market capitalization of $8.91 billion, a price-to-earnings ratio of 11.19, a PEG ratio of 0.52 and a beta of 0.48. The business's 50 day moving average is $17.49 and its two-hundred day moving average is $18.60. Albertsons Companies, Inc. has a 12-month low of $15.80 and a 12-month high of $23.20. The company has a current ratio of 0.91, a quick ratio of 0.20 and a debt-to-equity ratio of 3.36.
Albertsons Companies (NYSE:ACI - Get Free Report) last posted its quarterly earnings results on Wednesday, January 7th. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.05. Albertsons Companies had a return on equity of 38.00% and a net margin of 1.06%.The firm had revenue of $19.12 billion for the quarter, compared to the consensus estimate of $19.18 billion. During the same period in the previous year, the business earned $0.71 earnings per share. The company's revenue for the quarter was up 1.9% compared to the same quarter last year. Albertsons Companies has set its FY 2025 guidance at 2.080-2.16 EPS. Research analysts expect that Albertsons Companies, Inc. will post 2.14 EPS for the current year.
Albertsons Companies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Stockholders of record on Friday, January 23rd will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.5%. Albertsons Companies's dividend payout ratio is 38.71%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new stake in Albertsons Companies during the 2nd quarter valued at $320,613,000. LSV Asset Management lifted its position in shares of Albertsons Companies by 3.5% in the third quarter. LSV Asset Management now owns 10,946,507 shares of the company's stock valued at $191,673,000 after acquiring an additional 368,100 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Albertsons Companies by 17.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 9,388,320 shares of the company's stock valued at $164,389,000 after acquiring an additional 1,410,778 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Albertsons Companies by 37.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,269,879 shares of the company's stock worth $144,803,000 after purchasing an additional 2,239,291 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Albertsons Companies by 1.6% during the 2nd quarter. Geode Capital Management LLC now owns 7,901,015 shares of the company's stock worth $169,510,000 after purchasing an additional 124,824 shares in the last quarter. 71.35% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms recently commented on ACI. Wall Street Zen downgraded shares of Albertsons Companies from a "buy" rating to a "hold" rating in a report on Sunday, November 2nd. Royal Bank Of Canada reiterated an "outperform" rating on shares of Albertsons Companies in a research report on Monday, December 29th. Weiss Ratings restated a "hold (c-)" rating on shares of Albertsons Companies in a report on Thursday, October 30th. Tigress Financial raised their price objective on Albertsons Companies from $28.00 to $29.00 and gave the company a "buy" rating in a research note on Monday, October 20th. Finally, BMO Capital Markets reduced their price objective on Albertsons Companies from $25.00 to $23.00 and set an "outperform" rating for the company in a report on Thursday, January 8th. Eleven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.21.
Get Our Latest Stock Analysis on ACI
About Albertsons Companies
(
Get Free Report)
Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company's retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.
Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.
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