Kraft Heinz Company $KHC Shares Acquired by Schroder Investment Management Group

Key Points

• Schroder Investment Management Group raised its stake in Kraft Heinz by 2.4% to 3,263,971 shares (about 0.28% of the company), valued at roughly $84.99 million, and institutional investors now own approximately 78.17% of the stock.
• Company insiders sold 139,036 shares (about $3.45 million) in the past three months, notably Miguel Patricio offloading 125,000 shares, reducing total insider ownership to 0.35%.
• Kraft Heinz announced a quarterly dividend of $0.40 (annualized yield ~6.5%, ex-dividend March 6), while the stock trades near $24.44 and analysts' consensus rating is "Reduce" with a $24.89 target.

Schroder Investment Management Group lifted its holdings in Kraft Heinz Company (NASDAQ:KHC - Free Report) by 2.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,263,971 shares of the company's stock after purchasing an additional 77,045 shares during the period. Schroder Investment Management Group owned approximately 0.28% of Kraft Heinz worth $84,994,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Prevail Innovative Wealth Advisors LLC acquired a new stake in Kraft Heinz during the 3rd quarter worth approximately $1,475,000. CreativeOne Wealth LLC grew its stake in shares of Kraft Heinz by 464.2% in the third quarter. CreativeOne Wealth LLC now owns 44,050 shares of the company's stock worth $1,147,000 after acquiring an additional 36,242 shares in the last quarter. Natixis Advisors LLC increased its position in shares of Kraft Heinz by 15.3% during the third quarter. Natixis Advisors LLC now owns 736,833 shares of the company's stock worth $19,187,000 after acquiring an additional 97,935 shares during the period. Korea Investment CORP increased its position in shares of Kraft Heinz by 113.3% during the third quarter. Korea Investment CORP now owns 402,396 shares of the company's stock worth $10,478,000 after acquiring an additional 213,742 shares during the period. Finally, Ameriflex Group Inc. raised its stake in shares of Kraft Heinz by 997.7% in the third quarter. Ameriflex Group Inc. now owns 2,920 shares of the company's stock valued at $76,000 after acquiring an additional 2,654 shares in the last quarter. 78.17% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Kraft Heinz

In other Kraft Heinz news, insider Miguel Patricio sold 125,000 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $24.82, for a total transaction of $3,102,500.00. Following the completion of the sale, the insider directly owned 686,817 shares of the company's stock, valued at approximately $17,046,797.94. This trade represents a 15.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Cory Onell sold 9,045 shares of Kraft Heinz stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $24.61, for a total value of $222,597.45. Following the completion of the transaction, the insider owned 202,454 shares in the company, valued at $4,982,392.94. This trade represents a 4.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 139,036 shares of company stock worth $3,446,578. Corporate insiders own 0.35% of the company's stock.

Kraft Heinz Stock Performance

Shares of Kraft Heinz stock opened at $24.44 on Tuesday. The firm's fifty day simple moving average is $24.02 and its 200-day simple moving average is $24.94. Kraft Heinz Company has a 12 month low of $21.99 and a 12 month high of $33.35. The stock has a market capitalization of $28.93 billion, a price-to-earnings ratio of -4.95 and a beta of 0.06. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.15 and a quick ratio of 0.79.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.06. The firm had revenue of $6.35 billion during the quarter, compared to analysts' expectations of $6.38 billion. Kraft Heinz had a negative net margin of 23.44% and a positive return on equity of 7.07%. Kraft Heinz's quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.84 EPS. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. As a group, equities analysts forecast that Kraft Heinz Company will post 2.68 earnings per share for the current year.

Kraft Heinz Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, March 6th. This represents a $1.60 annualized dividend and a dividend yield of 6.5%. Kraft Heinz's dividend payout ratio is -32.39%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on KHC. The Goldman Sachs Group set a $23.00 target price on Kraft Heinz in a report on Thursday, February 12th. BNP Paribas Exane reduced their price target on Kraft Heinz from $22.00 to $20.00 and set an "underperform" rating on the stock in a research report on Thursday, February 12th. Weiss Ratings reiterated a "sell (d)" rating on shares of Kraft Heinz in a research note on Thursday, January 22nd. UBS Group boosted their price objective on Kraft Heinz from $24.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday, February 13th. Finally, Zacks Research lowered shares of Kraft Heinz from a "hold" rating to a "strong sell" rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Hold rating and six have issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and a consensus target price of $24.89.

About Kraft Heinz

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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