Wall Street Zen Upgrades Kraft Heinz (NASDAQ:KHC) to Buy

Kraft Heinz (NASDAQ:KHC) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

KHC has been the topic of a number of other research reports. Sanford C. Bernstein increased their price objective on Kraft Heinz from $24.00 to $27.00 and gave the stock a “market perform” rating in a report on Thursday, February 12th. Jefferies Financial Group dropped their price objective on Kraft Heinz from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Weiss Ratings restated a “sell (d)” rating on shares of Kraft Heinz in a report on Tuesday, April 21st. BTIG Research began coverage on Kraft Heinz in a report on Monday, April 13th. They issued a “neutral” rating on the stock. Finally, Evercore decreased their target price on Kraft Heinz from $25.00 to $22.00 in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $23.06.

Kraft Heinz Trading Up 1.1%

NASDAQ:KHC opened at $23.79 on Friday. The stock’s 50 day moving average price is $22.60 and its 200 day moving average price is $23.69. Kraft Heinz has a 52 week low of $21.03 and a 52 week high of $29.19. The company has a market capitalization of $28.21 billion, a P/E ratio of -4.90 and a beta of 0.06. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.82 and a current ratio of 1.20.

Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. Kraft Heinz had a positive return on equity of 7.26% and a negative net margin of 23.05%.The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.89 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The firm’s revenue was up .8% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. On average, research analysts forecast that Kraft Heinz will post 2.07 EPS for the current fiscal year.

Insider Buying and Selling

In other Kraft Heinz news, insider Cory Onell sold 9,045 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $24.61, for a total transaction of $222,597.45. Following the transaction, the insider owned 202,454 shares in the company, valued at $4,982,392.94. This trade represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.24% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Kraft Heinz

Several hedge funds have recently modified their holdings of KHC. Cassaday & Co Wealth Management LLC bought a new stake in shares of Kraft Heinz in the first quarter valued at approximately $27,000. Jessup Wealth Management Inc bought a new stake in shares of Kraft Heinz in the fourth quarter valued at approximately $27,000. Reflection Asset Management bought a new stake in shares of Kraft Heinz in the fourth quarter valued at approximately $28,000. Key Capital Management INC bought a new stake in shares of Kraft Heinz in the fourth quarter valued at approximately $29,000. Finally, DV Equities LLC bought a new stake in shares of Kraft Heinz in the fourth quarter valued at approximately $29,000. 78.17% of the stock is owned by institutional investors.

Trending Headlines about Kraft Heinz

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

• Positive Sentiment: Kraft Heinz launched JELL-O Simply, a new gelatin and pudding line made with real fruit juice, no artificial sweeteners, no FD&C colors, and at least 25% less sugar, supporting its broader effort to remove synthetic colors from its U.S. portfolio by the end of 2027. Article Title
• Positive Sentiment: The company completed early-tender and pricing steps for a cash tender offer of up to $1.1 billion of notes, and separately issued new euro notes, actions that suggest active refinancing and debt management. Article Title Article Title
• Positive Sentiment: Zacks Research raised several near- and long-term earnings estimates, including FY2026 and Q1 2027, which can reinforce the view that Kraft Heinz can hold earnings steady despite a tough consumer backdrop.
• Neutral Sentiment: Zacks Research kept a Hold rating on Kraft Heinz, signaling limited conviction even after some estimate increases.
• Negative Sentiment: Some Zacks revisions were cut, including lower EPS forecasts for Q3 2026, Q4 2026, Q2 2027, Q3 2027, Q4 2027, and FY2027, which may limit enthusiasm for a bigger rerating.

About Kraft Heinz

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.