Albertsons Companies, Inc. $ACI Shares Purchased by Arbejdsmarkedets Tillaegspension

Arbejdsmarkedets Tillaegspension raised its holdings in Albertsons Companies, Inc. (NYSE:ACI) by 11.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,502,764 shares of the company’s stock after acquiring an additional 152,853 shares during the quarter. Arbejdsmarkedets Tillaegspension’s holdings in Albertsons Companies were worth $25,607,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of Albertsons Companies during the 4th quarter worth $388,089,000. Morgan Stanley increased its holdings in shares of Albertsons Companies by 101.0% in the 4th quarter. Morgan Stanley now owns 11,687,694 shares of the company’s stock valued at $200,678,000 after purchasing an additional 5,873,759 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Albertsons Companies by 62.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 13,429,784 shares of the company’s stock valued at $230,595,000 after purchasing an additional 5,159,905 shares during the period. Vanguard Group Inc. lifted its stake in shares of Albertsons Companies by 14.9% in the fourth quarter. Vanguard Group Inc. now owns 39,330,507 shares of the company’s stock valued at $675,305,000 after purchasing an additional 5,110,777 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Albertsons Companies by 113.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,749,331 shares of the company’s stock worth $81,546,000 after buying an additional 2,519,432 shares in the last quarter. 71.35% of the stock is currently owned by hedge funds and other institutional investors.

Albertsons Companies Stock Performance

NYSE:ACI opened at $14.72 on Monday. The company has a current ratio of 0.86, a quick ratio of 0.20 and a debt-to-equity ratio of 4.58. The company has a market capitalization of $7.21 billion, a P/E ratio of 46.02, a price-to-earnings-growth ratio of 1.69 and a beta of 0.42. The firm has a 50-day moving average price of $15.26 and a two-hundred day moving average price of $16.57. Albertsons Companies, Inc. has a twelve month low of $13.16 and a twelve month high of $22.39.

Albertsons Companies (NYSE:ACI) last announced its quarterly earnings results on Tuesday, April 14th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. The company had revenue of $20.25 billion for the quarter, compared to the consensus estimate of $20.49 billion. Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.46 earnings per share. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. As a group, research analysts expect that Albertsons Companies, Inc. will post 2.11 earnings per share 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 paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Friday, April 24th. This is an increase from Albertsons Companies’s previous quarterly dividend of $0.15. Albertsons Companies’s dividend payout ratio is currently 212.50%.

Analysts Set New Price Targets

ACI has been the topic of several recent analyst reports. Weiss Ratings lowered 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 price target on shares of Albertsons Companies from $22.00 to $20.00 and set an “overweight” rating for the company in a research report on Tuesday, June 30th. Wells Fargo & Company decreased their price target on Albertsons Companies from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Monday, June 29th. Citigroup lowered their price target on Albertsons Companies from $22.00 to $17.00 and set a “buy” rating on the stock in a report on Monday, June 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $21.00 price objective on shares of Albertsons Companies in a report on Monday, April 6th. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $20.54.

About Albertsons Companies

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.