Capital International Investors Has $184.69 Million Stock Position in Kraft Heinz Company $KHC

Capital International Investors boosted its stake in shares of Kraft Heinz Company (NASDAQ:KHC) by 0.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 7,616,122 shares of the company’s stock after buying an additional 32,395 shares during the period. Capital International Investors owned approximately 0.64% of Kraft Heinz worth $184,691,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Key Capital Management INC acquired a new stake in Kraft Heinz during the 4th quarter worth approximately $29,000. New England Capital Financial Advisors LLC grew its stake in shares of Kraft Heinz by 70.2% during the 4th quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock worth $30,000 after acquiring an additional 511 shares in the last quarter. Rakuten Securities Inc. grew its stake in shares of Kraft Heinz by 172.4% during the 2nd quarter. Rakuten Securities Inc. now owns 1,245 shares of the company’s stock worth $32,000 after acquiring an additional 788 shares in the last quarter. Anfield Capital Management LLC grew its stake in shares of Kraft Heinz by 256.7% during the 3rd quarter. Anfield Capital Management LLC now owns 1,270 shares of the company’s stock worth $33,000 after acquiring an additional 914 shares in the last quarter. Finally, Sentry Investment Management LLC bought a new position in shares of Kraft Heinz during the 3rd quarter worth approximately $38,000. 78.17% of the stock is currently owned by institutional investors and hedge funds.

Kraft Heinz Stock Up 3.4%

KHC opened at $23.35 on Tuesday. Kraft Heinz Company has a 1-year low of $21.03 and a 1-year high of $29.19. The stock’s fifty day simple moving average is $22.94 and its 200 day simple moving average is $23.61. The company has a current ratio of 1.20, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. The stock has a market cap of $27.69 billion, a PE ratio of -4.80 and a beta of 0.08.

Kraft Heinz (NASDAQ:KHC) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share for the quarter, beating 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 business had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.89 billion. During the same quarter in the prior year, the business earned $0.62 EPS. The firm’s revenue for the quarter 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, research analysts expect that Kraft Heinz Company will post 2.07 earnings per share for the current year.

Kraft Heinz Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors 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 yield of 6.9%. The ex-dividend date is Friday, June 5th. Kraft Heinz’s dividend payout ratio is -32.92%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kraft Heinz in a research note on Tuesday, April 21st. UBS Group raised their price target on shares of Kraft Heinz from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Mizuho decreased their price target on shares of Kraft Heinz from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. BTIG Research began coverage on Kraft Heinz in a report on Monday, April 13th. They issued a “neutral” rating for the company. Finally, JPMorgan Chase & Co. cut their price objective on Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating for the company in a report on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Kraft Heinz presently has an average rating of “Reduce” and an average target price of $22.69.

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.