Kraft Heinz Company $KHC Position Decreased by RWC Asset Management LLP

Key Points

• RWC Asset Management reduced its Kraft Heinz stake by 0.6%, selling 42,884 shares and retaining 6.96 million shares worth approximately $158 million. Institutional investors collectively own 78.17% of KHC.
• Kraft Heinz reported quarterly EPS of $0.56, beating estimates, but revenue declined 1.4% year over year and EPS fell from $0.69 in the prior-year period. The company pays a quarterly dividend of $0.40, equivalent to a 6.5% annualized yield.
• Analyst sentiment remains cautious: KHC has a consensus “Reduce” rating, with one Buy, eleven Holds, and five Sells, and an average price target of $23.81 versus its recent $24.80 share price.

RWC Asset Management LLP cut its stake in Kraft Heinz Company (NASDAQ:KHC - Free Report) by 0.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,955,732 shares of the company's stock after selling 42,884 shares during the period. Kraft Heinz makes up about 5.9% of RWC Asset Management LLP's holdings, making the stock its 4th largest holding. RWC Asset Management LLP owned approximately 0.59% of Kraft Heinz worth $158,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in KHC. BlackRock Inc. acquired a new position in Kraft Heinz during the second quarter worth $1,803,911,000. Pacer Advisors Inc. increased its stake in shares of Kraft Heinz by 7.3% in the 1st quarter. Pacer Advisors Inc. now owns 9,270,503 shares of the company's stock worth $208,494,000 after acquiring an additional 633,645 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Kraft Heinz by 1.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,944,618 shares of the company's stock worth $178,663,000 after acquiring an additional 149,034 shares during the last quarter. Nykredit A S acquired a new stake in shares of Kraft Heinz in the 2nd quarter worth $181,408,000. Finally, Deutsche Bank AG purchased a new position in shares of Kraft Heinz during the 2nd quarter worth $179,876,000. Institutional investors and hedge funds own 78.17% of the company's stock.

Kraft Heinz Trading Down 1.2%

Shares of NASDAQ:KHC traded down $0.29 during midday trading on Friday, reaching $24.80. 9,860,894 shares of the company's stock were exchanged, compared to its average volume of 15,861,146. The firm's 50 day simple moving average is $24.13 and its two-hundred day simple moving average is $24.05. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.06 and a quick ratio of 0.68. The stock has a market cap of $29.40 billion, a price-to-earnings ratio of -8.67, a P/E/G ratio of 2.99 and a beta of 0.12. Kraft Heinz Company has a fifty-two week low of $21.03 and a fifty-two week high of $28.09.

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

Kraft Heinz Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend was Friday, September 4th. Kraft Heinz's payout ratio is -55.94%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on KHC. BNP Paribas Exane boosted their price target 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. Barclays reduced their target price on shares of Kraft Heinz from $26.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Friday, October 16th. JPMorgan Chase & Co. cut their price target on shares of Kraft Heinz from $24.00 to $23.00 and set an "underweight" rating for the company in a report on Tuesday. Wall Street Zen downgraded shares of Kraft Heinz from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $21.00 price target on shares of Kraft Heinz in a research report on Wednesday, October 14th. One analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, Kraft Heinz presently has a consensus rating of "Reduce" and an average target price of $23.81.

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

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 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.

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.