Dai ichi Life Insurance Company Ltd Decreases Holdings in Kraft Heinz Company $KHC

Dai ichi Life Insurance Company Ltd reduced its holdings in shares of Kraft Heinz Company (NASDAQ:KHC) by 31.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,591 shares of the company’s stock after selling 27,958 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Kraft Heinz were worth $1,363,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Kraft Heinz during the 1st quarter worth about $27,000. Jessup Wealth Management Inc acquired a new position in Kraft Heinz in the fourth quarter valued at approximately $27,000. Reflection Asset Management acquired a new position in Kraft Heinz in the fourth quarter valued at approximately $28,000. Key Capital Management INC purchased a new position in Kraft Heinz in the fourth quarter valued at approximately $29,000. Finally, DV Equities LLC purchased a new position in Kraft Heinz in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 78.17% of the company’s stock.

Key Stories Impacting Kraft Heinz

Here are the key news stories impacting Kraft Heinz this week:

• Positive Sentiment: Kraft Heinz announced a strategic alliance with Walt Disney spanning food service, media, events, and branded experiences, which could open new revenue and marketing opportunities and improve the company’s turnaround story. Article Title
• Positive Sentiment: Traders bought 74,729 call options on KHC, far above normal volume, suggesting rising speculation on further upside in the shares.
• Positive Sentiment: Coverage highlighting Kraft Heinz as an ideal LBO/take-private target may be supporting the stock by keeping deal speculation alive, especially given its beaten-down valuation profile. Article Title
• Neutral Sentiment: Analyst commentary on consumer staples names, including KHC, suggests the stock remains a debated value play rather than a clear consensus winner. Article Title
• Negative Sentiment: Recent market coverage noted that KHC had fallen in the prior session, reflecting ongoing investor caution around the company’s fundamentals and the broader consumer-staples backdrop. Article Title

Insider Buying and Selling at Kraft Heinz

In other Kraft Heinz news, insider Diana Frost sold 18,502 shares of Kraft Heinz stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $23.05, for a total value of $426,471.10. Following the transaction, the insider directly owned 102,667 shares in the company, valued at approximately $2,366,474.35. This trade represents a 15.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.24% of the company’s stock.

Kraft Heinz Price Performance

Shares of NASDAQ:KHC opened at $25.67 on Monday. Kraft Heinz Company has a one year low of $21.03 and a one year high of $29.19. The stock has a market capitalization of $30.44 billion, a price-to-earnings ratio of -5.28 and a beta of 0.09. The company has a 50-day simple moving average of $24.16 and a 200-day simple moving average of $23.57. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.82 and a current ratio of 1.20.

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

Kraft Heinz Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 5th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Friday, June 5th. Kraft Heinz’s dividend payout ratio (DPR) is presently -32.92%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on KHC shares. Zacks Research upgraded shares of Kraft Heinz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Morgan Stanley set a $22.00 target price on shares of Kraft Heinz in a research report on Thursday, April 23rd. Evercore set a $23.00 price target on Kraft Heinz in a research note on Thursday. UBS Group lifted their price target on Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Finally, Jefferies Financial Group reduced their price objective on Kraft Heinz from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Monday, March 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, Kraft Heinz currently has an average rating of “Reduce” and a consensus price target of $23.19.

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.