Danske Bank A S Takes Position in Kraft Heinz Company $KHC

Key Points

• Danske Bank acquired 881,070 Kraft Heinz shares worth approximately $20.8 million in the second quarter, while institutional investors collectively own 78.17% of the company.
• Kraft Heinz reported quarterly EPS of $0.56, beating estimates of $0.53, but revenue fell 1.4% year over year and EPS declined from $0.69. Analysts remain cautious, with a consensus rating of “Reduce” and an average price target of $23.62.
• The company is investing in key brands and expanding its “Away From Home” business, offering potential longer-term growth, while maintaining a quarterly dividend of $0.40 per share, equivalent to a 6.3% annual yield.

Danske Bank A S acquired a new position in Kraft Heinz Company (NASDAQ:KHC - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 881,070 shares of the company's stock, valued at approximately $20,811,000. Danske Bank A S owned approximately 0.07% of Kraft Heinz at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC purchased a new stake in Kraft Heinz in the first quarter worth about $27,000. Jessup Wealth Management Inc purchased a new position in shares of Kraft Heinz during the 4th quarter valued at about $27,000. Reflection Asset Management purchased a new position in shares of Kraft Heinz during the 4th quarter valued at about $28,000. DV Equities LLC bought a new position in shares of Kraft Heinz during the 4th quarter valued at approximately $29,000. Finally, New England Capital Financial Advisors LLC increased its holdings in Kraft Heinz by 70.2% in the 4th quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company's stock worth $30,000 after acquiring an additional 511 shares in the last quarter. 78.17% of the stock is owned by institutional investors.

Kraft Heinz News Roundup

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

• Positive Sentiment: Analysts see potential for a turnaround as Kraft Heinz increases investment in key brands. Early market-share gains and expected volume recovery in 2027 could improve earnings after a more pressured 2026. Emerging Markets are a notable growth opportunity, with reported organic sales growth of 8.5%. Kraft Heinz: Early Signs Of Turnaround Gaining Traction And Reasonable Valuation
• Positive Sentiment: Zacks Research raised its FY2027 EPS forecast to $2.09 from $2.04 and increased estimates for several 2027 quarters. The revisions suggest analysts expect current brand and marketing investments to begin producing stronger results in the following fiscal year. Kraft Heinz analyst estimates
• Positive Sentiment: Kraft Heinz is expanding its “Away From Home” business beyond ketchup to serve more restaurants, venues and other customers, creating a potential source of longer-term sales growth. Can Kraft Heinz's Away From Home Expansion Support Long-Term Growth?
• Neutral Sentiment: Zacks maintained its FY2026 EPS outlook at $2.06, matching consensus, while lifting FY2028 EPS to $2.14 from $2.13 in its detailed estimates. This indicates relatively stable longer-term expectations despite quarterly adjustments.
• Negative Sentiment: Near-term estimates were reduced, including Q3 2026 EPS to $0.43 from $0.47, Q4 2026 EPS to $0.49 from $0.50, and Q1 2027 EPS to $0.52 from $0.53. FY2028 EPS was also trimmed to $2.14 from $2.15 in a separate revision, reinforcing concerns about execution and the cost of the investment cycle.
• Negative Sentiment: Recent commentary about declining consumer attachment to major American brands adds a broader risk for Kraft Heinz, whose portfolio depends heavily on established brands. The company’s latest reported revenue also declined year over year, while EPS fell from the prior-year period despite beating quarterly expectations. America's brands lose their magic

Insider Buying and Selling at Kraft Heinz

In related news, insider Diana Frost sold 18,502 shares of the firm's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $23.05, for a total transaction of $426,471.10. Following the completion of the transaction, the insider directly owned 102,667 shares of the company's stock, valued at approximately $2,366,474.35. This trade represents a 15.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.24% of the company's stock.

Analysts Set New Price Targets

KHC has been the topic of a number of recent analyst reports. UBS Group raised their target price on shares of Kraft Heinz from $25.00 to $27.00 and gave the stock a "neutral" rating in a research note on Thursday, August 6th. Sanford C. Bernstein lowered shares of Kraft Heinz from a "market perform" rating to an "underperform" rating and dropped their price target for the stock from $25.00 to $21.00 in a research report on Wednesday, June 3rd. Evercore set a $24.00 price objective on shares of Kraft Heinz in a research report on Thursday, August 6th. Wall Street Zen cut shares of Kraft Heinz from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Finally, BNP Paribas Exane upped their target price on shares of Kraft Heinz from $17.00 to $19.00 and gave the stock an "underperform" rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Hold rating and five have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus price target of $23.62.

Kraft Heinz Stock Down 0.4%

Shares of KHC opened at $25.57 on Friday. The business's 50 day moving average is $24.97 and its 200 day moving average is $23.88. The company has a current ratio of 1.06, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49. Kraft Heinz Company has a 12-month low of $21.03 and a 12-month high of $28.10. The company has a market capitalization of $30.32 billion, a PE ratio of -8.94 and a beta of 0.08.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.03. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%.The business had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.18 billion. During the same period in the prior year, the company posted $0.69 EPS. The firm'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. Research analysts expect 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 will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, September 4th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.3%. Kraft Heinz's dividend payout ratio is currently -55.94%.

Kraft Heinz Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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