BNP Paribas Financial Markets Boosts Holdings in Albertsons Companies, Inc. $ACI

BNP Paribas Financial Markets raised its stake in shares of Albertsons Companies, Inc. (NYSE:ACI) by 18.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 384,761 shares of the company’s stock after purchasing an additional 60,934 shares during the period. BNP Paribas Financial Markets owned 0.07% of Albertsons Companies worth $6,606,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ACI. CWM LLC grew its holdings in shares of Albertsons Companies by 103.5% during the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock worth $25,000 after buying an additional 730 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of Albertsons Companies by 185.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock valued at $28,000 after buying an additional 1,057 shares during the last quarter. NBC Securities Inc. raised its position in shares of Albertsons Companies by 91.2% in the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock valued at $32,000 after buying an additional 885 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Albertsons Companies by 172.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock valued at $35,000 after buying an additional 1,306 shares during the last quarter. Finally, Elevation Wealth Partners LLC acquired a new stake in shares of Albertsons Companies in the fourth quarter valued at about $46,000. 71.35% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on ACI shares. Citigroup reduced their target price on shares of Albertsons Companies from $26.00 to $22.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. UBS Group reduced their target price on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Weiss Ratings cut shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. JPMorgan Chase & Co. reduced their target price on shares of Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating for the company in a research report on Wednesday, April 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $21.00 target price on shares of Albertsons Companies in a research report on Monday, April 6th. Ten investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $21.31.

Albertsons Companies Stock Down 2.9%

NYSE ACI opened at $15.68 on Wednesday. Albertsons Companies, Inc. has a 52 week low of $15.36 and a 52 week high of $22.78. The company has a quick ratio of 0.20, a current ratio of 0.86 and a debt-to-equity ratio of 4.58. The business’s fifty day simple moving average is $16.56 and its 200-day simple moving average is $17.13. The firm has a market cap of $7.75 billion, a PE ratio of 48.98, a P/E/G ratio of 1.85 and a beta of 0.40.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings results on Tuesday, April 14th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.43 by $0.05. Albertsons Companies had a return on equity of 42.75% and a net margin of 0.26%.The business had revenue of $20.25 billion for the quarter, compared to analyst estimates of $20.49 billion. During the same quarter in the previous year, the firm earned $0.46 EPS. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. As a group, equities analysts anticipate that Albertsons Companies, Inc. will post 2.11 earnings per share for the current year.

Albertsons Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 24th were issued a $0.17 dividend. This is an increase from Albertsons Companies’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, April 24th. This represents a $0.68 annualized dividend and a yield of 4.3%. Albertsons Companies’s payout ratio is presently 212.50%.

Albertsons Companies Company Profile

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.