Crossmark Global Holdings Inc. Sells 51,932 Shares of Kraft Heinz Company $KHC

Key Points

• Crossmark Global Holdings cut its Kraft Heinz stake by 44.8% in the third quarter, selling 51,932 shares and retaining 63,981 shares valued at approximately $1.45 million.
• Analyst sentiment remains cautious: Kraft Heinz has an average “Reduce” rating, with 11 Holds and five Sells versus one Buy, and an average price target of $23.81.
• Kraft Heinz beat quarterly earnings and revenue estimates, but sales declined 1.4% year over year and EPS fell from the prior-year period. The company continues to offer a substantial dividend, recently yielding about 6.5%.

Crossmark Global Holdings Inc. lowered its stake in Kraft Heinz Company (NASDAQ:KHC - Free Report) by 44.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,981 shares of the company's stock after selling 51,932 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Kraft Heinz were worth $1,454,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC bought a new position in shares of Kraft Heinz in the 1st quarter worth $27,000. Hara Capital LLC bought a new stake in Kraft Heinz during the second quarter worth about $29,000. Fiduciary Financial Advisors purchased a new stake in Kraft Heinz in the second quarter worth approximately $33,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Kraft Heinz in the 2nd quarter valued at $34,000. Finally, Clearstead Trust LLC bought a new position in shares of Kraft Heinz during the second quarter valued at about $38,000. Hedge funds and other institutional investors own 78.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Jefferies Financial Group reaffirmed a "hold" rating and issued a $21.00 target price on shares of Kraft Heinz in a research note on Wednesday, October 14th. Barclays dropped their price target on shares of Kraft Heinz from $26.00 to $25.00 and set an "equal weight" rating for the company in a research report on Friday, October 16th. TD Cowen restated a "hold" rating and issued a $22.00 price objective on shares of Kraft Heinz in a research report on Tuesday, September 22nd. BNP Paribas Exane boosted their price objective on shares of Kraft Heinz from $17.00 to $19.00 and gave the company an "underperform" rating in a research report on Tuesday, June 30th. Finally, Wells Fargo & Company lowered their price objective on shares of Kraft Heinz from $25.00 to $23.00 and set an "equal weight" rating for the company in a research note on Monday, October 5th. One research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, Kraft Heinz has an average rating of "Reduce" and an average target price of $23.81.

Kraft Heinz Price Performance

Shares of KHC opened at $24.80 on Monday. The stock has a market cap of $29.40 billion, a PE ratio of -8.67, a price-to-earnings-growth ratio of 2.99 and a beta of 0.12. 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 fifty-two week low of $21.03 and a fifty-two week high of $28.09. The firm's 50-day simple moving average is $24.13 and its two-hundred day simple moving average is $24.05.

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

Kraft Heinz Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 4th were issued a $0.40 dividend. The ex-dividend date was Friday, September 4th. This represents a $1.60 annualized dividend and a yield of 6.5%. Kraft Heinz's dividend payout ratio (DPR) is currently -55.94%.

Kraft Heinz News Roundup

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

• Positive Sentiment: Investors are positioning ahead of Kraft Heinz’s third-quarter earnings release on November 4, 2026, and its November 12 investor day. Management’s focus on innovation, marketing investment, and protein- and fiber-oriented products could support a return to growth in 2027. Kraft Heinz Rises as Investors Weigh Upcoming Catalysts and Improving Sentiment
• Positive Sentiment: A bullish investment thesis highlights Kraft Heinz’s strong cash generation, debt reduction, and relatively modest valuation compared with other packaged-food companies such as General Mills and Conagra Brands. The company’s dividend yield is approaching 7%, which may attract income-oriented investors despite weak long-term share performance. Kraft Heinz versus General Mills and Conagra Brands
• Positive Sentiment: Unusually high call-option activity and a reported purchase of Kraft Heinz shares by CEO Steven Cahillane suggest some traders and insiders are positioning for a recovery. Kraft Heinz market activity
• Neutral Sentiment: Analysts expect investors to focus on whether Kraft Heinz can stabilize brand performance, improve consumption trends, and provide credible 2027 growth targets in its upcoming earnings report. What to Expect From Kraft Heinz’s Next Earnings Report
• Negative Sentiment: Bearish coverage points to Kraft Heinz’s more than 35% five-year share-price decline, persistent brand and volume challenges, and uncertainty over whether a proposed brand reset can restore sustainable growth. What’s Wrong With Kraft Heinz Stock?
• Negative Sentiment: JPMorgan issued a pessimistic forecast, while the reported analyst price-target median of $24 suggests limited near-term upside around recent trading levels. Kraft Heinz also faces earnings pressure: the latest quarter’s revenue declined year over year and EPS fell from the prior-year period despite beating estimates. JPMorgan forecast for Kraft Heinz

Kraft Heinz Profile

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

The company's brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Jell-O, Maxwell House, Lunchables, Capri Sun, Planters and Classico, among others. Products are sold through grocery stores, mass merchants, club stores, convenience retailers, e-commerce channels and foodservice distributors.

Kraft Heinz was created in 2015 through the merger of Kraft Foods Group and H.J.

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