Capricorn Fund Managers Ltd Makes New $1.36 Million Investment in Albertsons Companies, Inc. $ACI

Capricorn Fund Managers Ltd bought a new position in shares of Albertsons Companies, Inc. (NYSE:ACI) during the 1st quarter, Holdings Channel reports. The fund bought 80,000 shares of the company’s stock, valued at approximately $1,363,000.

Other institutional investors and hedge funds have also modified their holdings of the company. CWM LLC grew its position in shares of Albertsons Companies by 103.5% in the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 730 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Albertsons Companies by 185.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock worth $28,000 after purchasing an additional 1,057 shares during the last quarter. NBC Securities Inc. grew its holdings in Albertsons Companies by 91.2% in the 4th 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 period. EverSource Wealth Advisors LLC grew its holdings in 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 purchasing an additional 1,306 shares during the period. Finally, Elevation Wealth Partners LLC acquired a new stake in shares of Albertsons Companies during the 4th quarter worth $46,000. Institutional investors and hedge funds own 71.35% of the company’s stock.

Albertsons Companies Trading Up 0.3%

Albertsons Companies stock opened at $13.52 on Wednesday. The firm’s 50 day moving average price is $15.67 and its two-hundred day moving average price is $16.76. The company has a debt-to-equity ratio of 4.58, a quick ratio of 0.20 and a current ratio of 0.86. Albertsons Companies, Inc. has a 1 year low of $13.16 and a 1 year high of $22.78. The firm has a market cap of $6.62 billion, a price-to-earnings ratio of 42.24, a price-to-earnings-growth ratio of 1.54 and a beta of 0.40.

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

Albertsons Companies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 24th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 5.0%. This is an increase from Albertsons Companies’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, April 24th. Albertsons Companies’s payout ratio is presently 212.50%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. UBS Group reduced their price target on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Wells Fargo & Company dropped their price objective on Albertsons Companies from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Monday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $21.00 price target on shares of Albertsons Companies in a research report on Monday, April 6th. Citigroup reduced their price objective on Albertsons Companies from $22.00 to $17.00 and set a “buy” rating on the stock in a research note on Monday. Finally, Weiss Ratings downgraded Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Ten research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $20.54.

Albertsons Companies 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.