Kraft Heinz Company $KHC Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its holdings in shares of Kraft Heinz Company (NASDAQ:KHCFree Report) by 4.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,043,650 shares of the company’s stock after buying an additional 311,020 shares during the period. Dimensional Fund Advisors LP owned approximately 0.68% of Kraft Heinz worth $209,427,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. STF Management LP grew its holdings in shares of Kraft Heinz by 2.1% in the 2nd quarter. STF Management LP now owns 18,475 shares of the company’s stock worth $477,000 after acquiring an additional 374 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of Kraft Heinz by 15.5% during the third quarter. Parkside Financial Bank & Trust now owns 3,219 shares of the company’s stock worth $84,000 after purchasing an additional 431 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Kraft Heinz by 13.4% during the third quarter. Hantz Financial Services Inc. now owns 3,894 shares of the company’s stock valued at $101,000 after purchasing an additional 460 shares during the last quarter. Barrett & Company Inc. boosted its position in shares of Kraft Heinz by 22.7% in the 3rd quarter. Barrett & Company Inc. now owns 2,700 shares of the company’s stock valued at $70,000 after purchasing an additional 500 shares during the period. Finally, Silverlake Wealth Management LLC increased its stake in Kraft Heinz by 3.4% in the 2nd quarter. Silverlake Wealth Management LLC now owns 16,021 shares of the company’s stock worth $414,000 after purchasing an additional 530 shares in the last quarter. Hedge funds and other institutional investors own 78.17% of the company’s stock.

Insider Buying and Selling

In other news, insider Miguel Patricio sold 125,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $24.82, for a total value of $3,102,500.00. Following the transaction, the insider directly owned 686,817 shares of the company’s stock, valued at approximately $17,046,797.94. This represents a 15.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Cory Onell sold 4,991 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $24.34, for a total value of $121,480.94. Following the sale, the insider owned 197,463 shares of the company’s stock, valued at approximately $4,806,249.42. This represents a 2.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 139,036 shares of company stock valued at $3,446,578. Insiders own 0.35% of the company’s stock.

Kraft Heinz News Summary

Here are the key news stories impacting Kraft Heinz this week:

Kraft Heinz Trading Up 1.3%

Shares of NASDAQ KHC opened at $24.54 on Friday. 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 Company has a one year low of $21.99 and a one year high of $33.35. The business has a 50-day moving average price of $24.02 and a two-hundred day moving average price of $24.98. The firm has a market capitalization of $29.05 billion, a PE ratio of -4.97 and a beta of 0.06.

Kraft Heinz (NASDAQ:KHCGet Free Report) last issued its earnings results on Wednesday, February 11th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.38 billion. Kraft Heinz had a positive return on equity of 7.07% and a negative net margin of 23.44%.The firm’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.84 EPS. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. As a group, analysts predict that Kraft Heinz Company will post 2.68 earnings per share for the current fiscal year.

Kraft Heinz Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 6th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 6.5%. The ex-dividend date is Friday, March 6th. Kraft Heinz’s dividend payout ratio is currently -32.39%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Mizuho cut their price objective on Kraft Heinz from $27.00 to $25.00 and set a “neutral” rating on the stock in a report on Monday, February 23rd. Zacks Research downgraded shares of Kraft Heinz from a “hold” rating to a “strong sell” rating in a research report on Friday, February 13th. Evercore cut their price target on shares of Kraft Heinz from $25.00 to $22.00 in a report on Thursday, February 12th. Weiss Ratings restated a “sell (d)” rating on shares of Kraft Heinz in a research report on Thursday, January 22nd. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $23.00 price objective on shares of Kraft Heinz in a research note 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $24.89.

View Our Latest Stock Report on Kraft Heinz

Kraft Heinz Profile

(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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Institutional Ownership by Quarter for Kraft Heinz (NASDAQ:KHC)

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