Envestnet Portfolio Solutions Inc. Decreases Stock Holdings in Kraft Heinz Company $KHC

Key Points

• Envestnet Portfolio Solutions cut its Kraft Heinz stake by 12.3% in the second quarter, selling 88,192 shares and retaining 626,962 shares worth approximately $14.8 million. Institutional investors collectively own 78.17% of KHC.
• Analyst sentiment remains cautious: Kraft Heinz has a consensus “Reduce” rating and an average price target of $23.88, despite RBC’s bullish $32 target and “outperform” rating. Concerns include declining sales volume, promotional pressures and dividend sustainability.
• KHC reported quarterly EPS of $0.56, above estimates, but revenue fell 1.4% year over year to $6.26 billion. The company maintains a quarterly dividend of $0.40 per share, equivalent to a 6.7% annualized yield.

Envestnet Portfolio Solutions Inc. reduced its position in shares of Kraft Heinz Company (NASDAQ:KHC - Free Report) by 12.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 626,962 shares of the company's stock after selling 88,192 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.05% of Kraft Heinz worth $14,809,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in KHC. Talon Private Wealth LLC purchased a new position in shares of Kraft Heinz during the second quarter valued at approximately $204,000. Core Capital Management & Research inc. purchased a new position in Kraft Heinz during the 2nd quarter valued at $8,517,000. The Manufacturers Life Insurance Company increased its position in Kraft Heinz by 11.3% during the 2nd 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 period. Sequoia Financial Advisors LLC raised its holdings in Kraft Heinz by 6.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 65,543 shares of the company's stock worth $1,548,000 after purchasing an additional 4,073 shares in the last quarter. Finally, Van Hulzen Asset Management LLC lifted its position in shares of Kraft Heinz by 5.6% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 10,029 shares of the company's stock worth $237,000 after purchasing an additional 529 shares during the period. Hedge funds and other institutional investors own 78.17% of the company's stock.

Key Kraft Heinz News

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

• Positive Sentiment: RBC remains bullish, arguing that Kraft Heinz’s investments in innovation, pricing and marketing could begin producing stronger results, with 2027 viewed as a potential operating turning point. Kraft Heinz’s Bull Case Runs Into Its Own Recent Reversal
• Positive Sentiment: Capri Sun launched a limited-edition Big Pouch after consumer demand, providing a low-risk test of a larger format and an opportunity to generate consumer engagement and potential incremental sales. Kraft Heinz Launches Limited Edition Big Pouch
• Positive Sentiment: KHC appeared among the most actively traded options, with call options favored—an indication that some traders are positioning for a rebound, although it does not guarantee sustained buying. Most Active Options Report: KHC, PTON
• Neutral Sentiment: Kraft Dinner introduced a limited-edition KD x Solly’s Cream Soda in Canada. The unusual collaboration may support brand awareness, but its limited scope makes a material near-term financial impact uncertain. Kraft Dinner Pops Into the Beverage Aisle
• Negative Sentiment: Kraft Heinz was removed from major Nasdaq indexes, adding potential technical selling pressure and contributing to a roughly 6% monthly decline. Is Kraft Heinz Undervalued?
• Negative Sentiment: TD Cowen reaffirmed a Hold rating and set a $22 price target, implying downside from the referenced trading level. Analysts remain concerned that promotions, pricing and pack-size changes may not quickly reverse falling volume and mix. Can Kraft Heinz’s Promotional Strategy Support Better Volume Trends?
• Negative Sentiment: Although KHC is frequently highlighted as a high-yield dividend stock, commentary notes that its payout ratio is a key risk, limiting the dividend’s appeal if earnings and cash flow weaken.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Evercore set a $24.00 price target on shares of Kraft Heinz in a research report on Thursday, August 6th. JPMorgan Chase & Co. raised their price objective on shares of Kraft Heinz from $21.00 to $22.00 and gave the stock an "underweight" rating in a report on Wednesday, July 15th. TD Cowen reaffirmed a "hold" rating and set a $22.00 price objective on shares of Kraft Heinz in a research report on Tuesday. Royal Bank Of Canada assumed coverage on Kraft Heinz in a report on Thursday, September 17th. They set an "outperform" rating and a $32.00 target price on the stock. Finally, Weiss Ratings cut Kraft Heinz from a "sell (d)" rating to a "sell (d-)" rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and a consensus price target of $23.88.

Kraft Heinz Price Performance

KHC stock opened at $23.80 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 1.06. The firm has a 50 day moving average price of $25.35 and a 200-day moving average price of $23.97. Kraft Heinz Company has a 52-week low of $21.03 and a 52-week high of $28.09. The firm has a market capitalization of $28.22 billion, a price-to-earnings ratio of -8.32, a PEG ratio of 2.99 and a beta of 0.09.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 positive return on equity of 7.10% and a negative net margin of 13.64%.The firm's quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.69 earnings per share. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. Equities research analysts forecast that Kraft Heinz Company will post 2.06 EPS for the current fiscal year.

Kraft Heinz Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Friday, September 4th. Kraft Heinz's dividend payout ratio (DPR) is currently -55.94%.

About Kraft Heinz

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

The company's well-known brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Lunchables, Capri Sun, Jell-O, Maxwell House and Classico, among others.

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