Factorial Partners LLC Acquires 22,500 Shares of Kraft Heinz Company $KHC

Factorial Partners LLC grew its holdings in Kraft Heinz Company (NASDAQ:KHC) by 115.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,000 shares of the company’s stock after acquiring an additional 22,500 shares during the period. Factorial Partners LLC’s holdings in Kraft Heinz were worth $1,018,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Key Capital Management INC purchased a new stake in shares of Kraft Heinz in the fourth quarter worth $29,000. New England Capital Financial Advisors LLC increased its stake in shares of Kraft Heinz by 70.2% in the fourth quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock worth $30,000 after purchasing an additional 511 shares in the last quarter. Rakuten Securities Inc. increased its stake in shares of Kraft Heinz by 172.4% in the second quarter. Rakuten Securities Inc. now owns 1,245 shares of the company’s stock worth $32,000 after purchasing an additional 788 shares in the last quarter. Anfield Capital Management LLC increased its stake in shares of Kraft Heinz by 256.7% in the third quarter. Anfield Capital Management LLC now owns 1,270 shares of the company’s stock worth $33,000 after purchasing an additional 914 shares in the last quarter. Finally, Sentry Investment Management LLC purchased a new stake in shares of Kraft Heinz in the third quarter worth $38,000. 78.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Evercore reduced their price objective on shares of Kraft Heinz from $25.00 to $22.00 in a research note on Thursday, February 12th. BNP Paribas Exane reduced their price objective on shares of Kraft Heinz from $18.00 to $17.00 in a research note on Thursday, May 7th. Wells Fargo & Company reduced their price objective on shares of Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Thursday, March 12th. Piper Sandler reduced their price objective on shares of Kraft Heinz from $24.00 to $23.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. Finally, Barclays increased their price objective on shares of Kraft Heinz from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $23.06.

Kraft Heinz Stock Performance

KHC opened at $23.63 on Tuesday. Kraft Heinz Company has a fifty-two week low of $21.03 and a fifty-two week high of $29.19. The stock has a market capitalization of $28.02 billion, a price-to-earnings ratio of -4.86 and a beta of 0.06. The company has a fifty day moving average of $22.80 and a 200 day moving average of $23.68. 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 issued 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 negative net margin of 23.05% and a positive return on equity of 7.26%. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.89 billion. During the same period last year, the company posted $0.62 EPS. The business’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. As a group, sell-side analysts forecast that Kraft Heinz Company will post 2.07 earnings per share for the current fiscal year.

Kraft Heinz Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Friday, June 5th. Kraft Heinz’s dividend payout ratio (DPR) is presently -32.92%.

Kraft Heinz 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.