Keybank National Association OH Lowers Stake in Kraft Heinz Company $KHC

Key Points

• Keybank National Association OH cut its stake in Kraft Heinz by 45.9% in Q4, selling 54,736 shares and ending with 64,559 shares valued at $1.566 million.
• Analysts hold a consensus rating of Reduce on KHC with an average price target of $23.47 and broker targets roughly between $22 and $25 (one Strong Buy, 15 Hold, 4 Sell).
• Kraft Heinz beat quarterly EPS estimates ($0.67 vs. $0.61), set FY2026 guidance of 1.980–2.100 EPS, and pays a quarterly dividend of $0.40 (annualized yield ~7.1%).

Keybank National Association OH lowered its stake in shares of Kraft Heinz Company (NASDAQ:KHC - Free Report) by 45.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,559 shares of the company's stock after selling 54,736 shares during the period. Keybank National Association OH's holdings in Kraft Heinz were worth $1,566,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Parkside Financial Bank & Trust lifted its holdings in shares of Kraft Heinz by 15.5% during the 3rd quarter. Parkside Financial Bank & Trust now owns 3,219 shares of the company's stock valued at $84,000 after purchasing an additional 431 shares during the last quarter. V Square Quantitative Management LLC lifted its holdings in shares of Kraft Heinz by 3.2% during the 4th quarter. V Square Quantitative Management LLC now owns 14,892 shares of the company's stock valued at $361,000 after purchasing an additional 458 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Kraft Heinz by 13.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 3,894 shares of the company's stock valued at $101,000 after purchasing an additional 460 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Kraft Heinz by 1.7% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 29,623 shares of the company's stock valued at $718,000 after purchasing an additional 490 shares during the last quarter. Finally, Barrett & Company Inc. lifted its holdings in shares of Kraft Heinz by 22.7% during the 3rd quarter. Barrett & Company Inc. now owns 2,700 shares of the company's stock valued at $70,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 78.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on KHC. Weiss Ratings reiterated a "sell (d)" rating on shares of Kraft Heinz in a report on Tuesday, April 21st. The Goldman Sachs Group set a $23.00 price objective on Kraft Heinz in a report on Thursday, February 12th. Morgan Stanley set a $22.00 price objective on Kraft Heinz in a report on Thursday, April 23rd. Mizuho decreased their price objective on Kraft Heinz from $27.00 to $25.00 and set a "neutral" rating for the company in a report on Monday, February 23rd. Finally, Barclays increased their price objective on Kraft Heinz from $24.00 to $25.00 and gave the company an "equal weight" rating in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $23.47.

Insider Buying and Selling at Kraft Heinz

In other Kraft Heinz news, insider Cory Onell sold 9,045 shares of Kraft Heinz stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $24.61, for a total transaction of $222,597.45. Following the completion of the transaction, the insider owned 202,454 shares in the company, valued at approximately $4,982,392.94. This trade represents a 4.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.24% of the company's stock.

Kraft Heinz Stock Performance

NASDAQ KHC opened at $22.49 on Friday. The stock has a 50-day simple moving average of $22.87 and a two-hundred day simple moving average of $23.88. The firm has a market capitalization of $26.67 billion, a P/E ratio of -4.55 and a beta of 0.06. Kraft Heinz Company has a fifty-two week low of $21.03 and a fifty-two week high of $29.19. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 1.15.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.06. The business had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.38 billion. Kraft Heinz had a positive return on equity of 7.07% and a negative net margin of 23.44%.The company's revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the business posted $0.84 EPS. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. On average, equities analysts forecast that Kraft Heinz Company will post 2.04 earnings per share for the current year.

Kraft Heinz Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 6th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 7.1%. Kraft Heinz's dividend payout ratio (DPR) is presently -32.39%.

Kraft Heinz 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.

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