113,170 Shares in Albertsons Companies, Inc. $ACI Purchased by Public Employees Retirement System of Ohio

Key Points

• Public Employees Retirement System of Ohio initiated a position in Albertsons, purchasing 113,170 shares valued at approximately $1.53 million. Institutional investors collectively own 71.35% of the company.
• Albertsons reported quarterly EPS of $0.42, missing estimates of $0.54, while revenue reached $24.94 billion and rose slightly year over year. The stock opened at $12.53, well below its 52-week high of $20.00.
• The company paid a quarterly dividend of $0.17, equivalent to a 5.4% annualized yield, while executives made significant purchases totaling 218,909 shares over the past three months. Analysts maintain a consensus “Hold” rating with a $15.31 price target.

Public Employees Retirement System of Ohio bought a new position in Albertsons Companies, Inc. (NYSE:ACI - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 113,170 shares of the company's stock, valued at approximately $1,531,000.

A number of other hedge funds have also added to or reduced their stakes in ACI. Twin Capital Management Inc. lifted its position in Albertsons Companies by 1.7% in the 1st quarter. Twin Capital Management Inc. now owns 43,912 shares of the company's stock valued at $748,000 after acquiring an additional 721 shares in the last quarter. Bank of Nova Scotia increased its holdings in shares of Albertsons Companies by 5.4% in the 2nd quarter. Bank of Nova Scotia now owns 14,041 shares of the company's stock worth $302,000 after purchasing an additional 723 shares in the last quarter. CWM LLC increased its holdings in shares of Albertsons Companies by 103.5% in the 4th quarter. CWM LLC now owns 1,435 shares of the company's stock worth $25,000 after purchasing an additional 730 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Albertsons Companies by 11.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,326 shares of the company's stock worth $126,000 after purchasing an additional 774 shares during the last quarter. Finally, Foster & Motley Inc. raised its stake in shares of Albertsons Companies by 1.5% in the first quarter. Foster & Motley Inc. now owns 61,163 shares of the company's stock worth $1,042,000 after purchasing an additional 917 shares during the last quarter. Hedge funds and other institutional investors own 71.35% of the company's stock.

Albertsons Companies Price Performance

Shares of ACI opened at $12.53 on Tuesday. The firm has a fifty day simple moving average of $12.90 and a two-hundred day simple moving average of $15.22. The firm has a market cap of $6.08 billion, a PE ratio of 156.62, a P/E/G ratio of 2.14 and a beta of 0.37. The company has a current ratio of 0.84, a quick ratio of 0.21 and a debt-to-equity ratio of 5.22. Albertsons Companies, Inc. has a 1-year low of $10.86 and a 1-year high of $20.00.

Albertsons Companies (NYSE:ACI - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($0.12). The firm had revenue of $24.94 billion during the quarter, compared to analysts' expectations of $24.84 billion. Albertsons Companies had a return on equity of 45.59% and a net margin of 0.08%.The business's quarterly revenue was up .2% on a year-over-year basis. During the same quarter last year, the business earned $0.55 earnings per share. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. On average, equities analysts anticipate that Albertsons Companies, Inc. will post 1.65 EPS for the current year.

Albertsons Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Friday, July 24th. Albertsons Companies's dividend payout ratio (DPR) is presently 850.00%.

Insider Buying and Selling at Albertsons Companies

In other news, EVP Thomas Moriarty purchased 170,500 shares of the business's stock in a transaction on Monday, July 27th. The stock was acquired at an average cost of $11.51 per share, for a total transaction of $1,962,455.00. Following the purchase, the executive vice president directly owned 308,946 shares in the company, valued at $3,555,968.46. This trade represents a 123.15% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sharon Mccollam purchased 9,000 shares of Albertsons Companies stock in a transaction dated Friday, July 31st. The shares were acquired at an average cost of $11.48 per share, with a total value of $103,320.00. Following the transaction, the chief financial officer directly owned 567,051 shares in the company, valued at approximately $6,509,745.48. The trade was a 1.61% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 218,909 shares of company stock worth $2,515,826 in the last three months. 1.18% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ACI. Royal Bank Of Canada lowered their price target on Albertsons Companies from $20.00 to $13.00 and set an "outperform" rating on the stock in a report on Friday, July 24th. Barclays reduced their price objective on Albertsons Companies from $17.00 to $12.00 and set an "underweight" rating for the company in a report on Friday, July 24th. Wells Fargo & Company cut shares of Albertsons Companies from an "overweight" rating to an "equal weight" rating and lowered their target price for the company from $18.00 to $11.00 in a research note on Thursday, July 23rd. JPMorgan Chase & Co. dropped their price target on shares of Albertsons Companies from $20.00 to $14.00 and set an "overweight" rating on the stock in a report on Friday, July 24th. Finally, Zacks Research downgraded shares of Albertsons Companies from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 28th. Five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $15.31.

Albertsons Companies Company 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.

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