63,780 Shares in Kraft Heinz Company $KHC Purchased by Fieldview Capital Management LLC

Fieldview Capital Management LLC acquired a new position in Kraft Heinz Company (NASDAQ:KHC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 63,780 shares of the company’s stock, valued at approximately $1,547,000.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Kraft Heinz by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 102,933,219 shares of the company’s stock worth $2,496,131,000 after buying an additional 616,283 shares in the last quarter. Invesco Ltd. increased its holdings in Kraft Heinz by 1.5% in the 3rd quarter. Invesco Ltd. now owns 17,855,352 shares of the company’s stock worth $464,953,000 after buying an additional 270,678 shares in the last quarter. Nordea Investment Management AB increased its holdings in Kraft Heinz by 0.8% in the 4th quarter. Nordea Investment Management AB now owns 13,801,453 shares of the company’s stock worth $336,134,000 after buying an additional 106,970 shares in the last quarter. Norges Bank bought a new stake in Kraft Heinz in the 4th quarter worth about $332,382,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Kraft Heinz by 3.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,893,686 shares of the company’s stock worth $239,922,000 after buying an additional 341,197 shares in the last quarter. 78.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

KHC has been the subject of several research analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Kraft Heinz in a report on Tuesday, April 21st. BNP Paribas Exane cut their price target on Kraft Heinz from $18.00 to $17.00 in a research note on Thursday, May 7th. Wall Street Zen downgraded Kraft Heinz from a “buy” rating to a “hold” rating in a research note on Sunday, May 31st. Piper Sandler cut their price target on 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, JPMorgan Chase & Co. cut their price target on Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating for the company in a research note 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 assigned a Sell rating to the company. According to MarketBeat.com, Kraft Heinz currently has a consensus rating of “Reduce” and an average price target of $22.69.

Kraft Heinz Stock Performance

Kraft Heinz stock opened at $24.39 on Monday. The business has a 50-day simple moving average of $23.08 and a two-hundred day simple moving average of $23.58. The company has a market cap of $28.92 billion, a P/E ratio of -5.02 and a beta of 0.08. Kraft Heinz Company has a 52-week low of $21.03 and a 52-week high of $29.19. The company has a quick ratio of 0.82, a current ratio of 1.20 and a debt-to-equity ratio of 0.46.

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

Kraft Heinz Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 5th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, June 5th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.6%. Kraft Heinz’s payout ratio is -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.