46,095 Kraft Heinz Company $KHC Shares Bought by Alps Advisors Inc.

Key Points

• Alps Advisors increased its Kraft Heinz stake by 4.0%, buying 46,095 shares in the third quarter to hold 1,211,661 shares, valued at about $27.5 million. Institutional investors and hedge funds own 78.17% of the stock.
• Kraft Heinz beat quarterly earnings and revenue estimates, reporting EPS of $0.53 and revenue of $6.12 billion, though revenue fell 2% year over year. It declared a quarterly dividend of $0.40 per share, equivalent to a 6.5% annualized yield.
• Analyst sentiment is cautious: the stock has a consensus “Reduce” rating and an average price target of $23.80. The company also faces inflation and sluggish retail demand, while a planned coffee-business sale is expected to bring in about $650 million for debt reduction and portfolio refocusing.

Alps Advisors Inc. lifted its stake in shares of Kraft Heinz Company (NASDAQ:KHC - Free Report) by 4.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,211,661 shares of the company's stock after acquiring an additional 46,095 shares during the period. Alps Advisors Inc. owned 0.10% of Kraft Heinz worth $27,529,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Alyeska Investment Group L.P. acquired a new stake in shares of Kraft Heinz during the second quarter worth $1,968,000. Gradient Investments LLC raised its stake in Kraft Heinz by 11.8% during the 3rd quarter. Gradient Investments LLC now owns 667,877 shares of the company's stock worth $15,174,000 after buying an additional 70,534 shares during the period. OMERS ADMINISTRATION Corp bought a new stake in shares of Kraft Heinz during the 2nd quarter valued at $1,076,000. The Manufacturers Life Insurance Company lifted its position in Kraft Heinz by 11.3% in the second quarter. The Manufacturers Life Insurance Company now owns 561,627 shares of the company's stock valued at $13,266,000 after purchasing an additional 57,092 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC boosted its stake in Kraft Heinz by 70.2% during the 2nd quarter. Franklin Street Advisors Inc. NC now owns 994,375 shares of the company's stock valued at $23,487,000 after purchasing an additional 410,029 shares during the last quarter. 78.17% of the stock is owned by institutional investors and hedge funds.

Kraft Heinz Price Performance

KHC stock opened at $24.64 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 1.06. Kraft Heinz Company has a 1 year low of $21.03 and a 1 year high of $28.09. The stock's 50 day moving average price is $24.01 and its 200 day moving average price is $23.92. The firm has a market cap of $29.22 billion, a P/E ratio of -8.62, a PEG ratio of 2.99 and a beta of 0.12.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.42 by $0.11. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%. The business had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the prior year, the business posted $0.61 earnings per share. Kraft Heinz's revenue was down 2.0% compared to the same quarter last year. On average, sell-side analysts expect that Kraft Heinz Company will post 2.06 earnings per share for the current fiscal year.

Kraft Heinz Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 23rd. Shareholders of record on Friday, December 4th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, December 4th. This represents a $1.60 annualized dividend and a yield of 6.5%. Kraft Heinz's dividend payout ratio (DPR) is presently -55.94%.

Analyst Ratings Changes

Several research firms recently commented on KHC. Wells Fargo & Company increased their price target on Kraft Heinz from $23.00 to $24.00 and gave the company an "equal weight" rating in a report on Thursday. Barclays cut their price target on shares of Kraft Heinz from $26.00 to $25.00 and set an "equal weight" rating on the stock in a report on Friday, October 16th. Piper Sandler lifted their price target on shares of Kraft Heinz from $24.00 to $25.00 and gave the company a "neutral" rating in a report on Thursday, August 6th. Royal Bank Of Canada reissued an "outperform" rating and issued a $32.00 price objective on shares of Kraft Heinz in a report on Thursday, September 24th. Finally, Wall Street Zen lowered Kraft Heinz from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average target price of $23.80.

Key Stories Impacting Kraft Heinz

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

• Positive Sentiment: Kraft Heinz beat third-quarter earnings expectations and raised its 2026 earnings outlook. RBC also sees improving sales, market-share and volume trends as potential signs of a 2027 sales inflection. Kraft Heinz's Improving Trends Point to 2027 Sales Inflection, RBC Says
• Positive Sentiment: The planned sale of its North American coffee business to One Rock is expected to generate about $650 million. Management intends to use proceeds to reduce debt and refocus on other brands, which could strengthen the balance sheet and sharpen its portfolio. Kraft Heinz to Sell Coffee Unit to Refocus on Other Brands
• Neutral Sentiment: Analyst views remain mixed: DBS reaffirmed a Hold rating, while Wells Fargo and UBS raised their price targets but retained neutral or equal-weight ratings. The cautious recommendations suggest limited conviction in near-term upside. DBS Reaffirms Their Hold Rating on Kraft Heinz
• Negative Sentiment: Management flagged persistent headwinds, including inflation above 5%, sluggish U.S. retail recovery and challenges in improving market share. These pressures could limit growth and offset the benefit of the earnings outlook increase. KHC Q3 Earnings Call Highlights Turnaround and Inflation Pressures
• Negative Sentiment: Dividend-focused coverage has highlighted payout safety concerns among food companies facing sales declines and debt burdens. Kraft Heinz’s declared quarterly dividend is $0.40 per share—an indicated annual yield of about 6.3%—but that high yield may also sharpen investor scrutiny of cash flow and debt. Kraft Heinz Battles Headwinds to Save Its Dividend

About Kraft Heinz

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