Kraft Heinz (NASDAQ:KHC) Given New $25.00 Price Target at Barclays

Key Points

• Barclays lowered Kraft Heinz’s price target from $26 to $25 while maintaining an “equal weight” rating, implying roughly 6.3% upside from the prior close.
• Analyst sentiment remains cautious: Kraft Heinz has an average “Reduce” rating and a consensus price target of $23.75, with 11 Hold and five Sell ratings versus one Buy.
• Kraft Heinz’s latest quarter beat earnings and revenue expectations, but revenue declined 1.4% year over year; shares rose 1% to $23.52, while institutional investors own 78.17% of the stock.

Kraft Heinz (NASDAQ:KHC - Get Free Report) had its price target reduced by Barclays from $26.00 to $25.00 in a research report issued on Friday, Benzinga reports. The firm presently has an "equal weight" rating on the stock. Barclays's price target points to a potential upside of 6.32% from the stock's previous close.

Several other research firms also recently commented on KHC. BNP Paribas Exane increased their target price on shares of Kraft Heinz from $17.00 to $19.00 and gave the stock an "underperform" rating in a research report on Tuesday, June 30th. JPMorgan Chase & Co. boosted their price target on Kraft Heinz from $21.00 to $22.00 and gave the stock an "underweight" rating in a research report on Wednesday, July 15th. Weiss Ratings downgraded Kraft Heinz from a "sell (d)" rating to a "sell (d-)" rating in a research note on Thursday, August 6th. Royal Bank Of Canada reiterated an "outperform" rating and set a $32.00 price target on shares of Kraft Heinz in a research note on Thursday, September 24th. Finally, UBS Group reissued a "neutral" rating on shares of Kraft Heinz in a report on Thursday. One investment analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, Kraft Heinz presently has an average rating of "Reduce" and an average price target of $23.75.

Kraft Heinz Stock Up 1.0%

NASDAQ KHC traded up $0.23 during trading on Friday, reaching $23.52. The company's stock had a trading volume of 7,700,192 shares, compared to its average volume of 15,932,293. The company has a current ratio of 1.06, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $27.88 billion, a PE ratio of -8.24, a PEG ratio of 2.99 and a beta of 0.12. The business has a 50-day moving average price of $24.26 and a 200-day moving average price of $23.99. Kraft Heinz has a 1-year low of $21.03 and a 1-year high of $28.09.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.53 by $0.03. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The company had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.18 billion. During the same period in the previous year, the firm posted $0.69 earnings per share. The company's revenue for the quarter was down 1.4% compared to the same quarter last year. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. On average, research analysts forecast that Kraft Heinz will post 2.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kraft Heinz

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Kraft Heinz in the 2nd quarter valued at approximately $1,803,911,000. Pacer Advisors Inc. lifted its holdings in shares of Kraft Heinz by 7.3% during the first quarter. Pacer Advisors Inc. now owns 9,270,503 shares of the company's stock worth $208,494,000 after buying an additional 633,645 shares during the last quarter. Nykredit A S bought a new stake in shares of Kraft Heinz in the second quarter valued at approximately $181,408,000. Deutsche Bank AG bought a new stake in shares of Kraft Heinz in the second quarter valued at approximately $179,876,000. Finally, Dimensional Fund Advisors LP grew its stake in shares of Kraft Heinz by 1.9% in the first quarter. Dimensional Fund Advisors LP now owns 7,944,618 shares of the company's stock worth $178,663,000 after acquiring an additional 149,034 shares during the last quarter. 78.17% of the stock is currently owned by institutional investors.

About Kraft Heinz

The Kraft Heinz Company NASDAQ: KHC is a global food and beverage company that develops, manufactures and markets packaged foods and beverages for consumers, retailers and foodservice customers. Its portfolio includes condiments and sauces, cheese and dairy products, meals, meats, snacks, beverages and other grocery items.

The company's brands include Heinz, Kraft, Oscar Mayer, Philadelphia, Velveeta, Lunchables, Maxwell House, Capri Sun, Jell-O, Ore-Ida, Classico, Grey Poupon and Planters.

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