Kraft Heinz Company $KHC Stock: Profund Advisors LLC Decreases Stake

Key Points

• Profund Advisors cut its Kraft Heinz stake by 89.4% in the third quarter, selling 82,531 shares and retaining 9,769 shares worth about $222,000. Institutional investors overall own 78.17% of the company.
• Kraft Heinz beat quarterly earnings expectations, reporting EPS of $0.53 versus estimates of $0.42, though revenue fell 2% year over year. The company declared a $0.40 quarterly dividend, equivalent to an indicated annual yield of about 6.5%.
• Analyst sentiment remains cautious: the average rating is “Reduce,” with a $23.80 average price target, while UBS and Wells Fargo raised targets but kept neutral ratings. Inflation and sluggish U.S. sales remain headwinds.

Profund Advisors LLC lowered its position in shares of Kraft Heinz Company (NASDAQ:KHC - Free Report) by 89.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,769 shares of the company's stock after selling 82,531 shares during the quarter. Profund Advisors LLC's holdings in Kraft Heinz were worth $222,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of KHC. BlackRock Inc. bought a new position in shares of Kraft Heinz in the 2nd quarter worth about $1,803,911,000. Pacer Advisors Inc. boosted its stake in Kraft Heinz by 7.3% during the first 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 in the last quarter. Dimensional Fund Advisors LP boosted its stake in Kraft Heinz by 1.9% during the first 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 in the last quarter. Nykredit A S purchased a new stake in Kraft Heinz in the second quarter worth about $181,408,000. Finally, Deutsche Bank AG purchased a new stake in Kraft Heinz in the second quarter worth about $179,876,000. Institutional investors own 78.17% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. UBS Group lifted their target price on shares of Kraft Heinz from $24.00 to $26.00 and gave the company a "neutral" rating in a report on Thursday. Wells Fargo & Company upped their price target on Kraft Heinz from $23.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Thursday. JPMorgan Chase & Co. reduced their price objective on Kraft Heinz from $24.00 to $23.00 and set an "underweight" rating for the company in a research report on Tuesday, October 20th. Evercore set a $24.00 price objective on Kraft Heinz in a research report on Thursday, August 6th. Finally, TD Cowen reiterated a "hold" rating and set a $22.00 price objective on shares of Kraft Heinz in a research note on Tuesday, September 22nd. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, Kraft Heinz has an average rating of "Reduce" and an average price target of $23.80.

Kraft Heinz Stock Up 0.1%

NASDAQ:KHC opened at $24.64 on Monday. The firm has a market cap of $29.18 billion, a P/E ratio of -8.62, a P/E/G ratio of 2.99 and a beta of 0.12. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 1.06. Kraft Heinz Company has a fifty-two week low of $21.03 and a fifty-two week high of $28.09. The firm has a 50-day simple moving average of $24.01 and a two-hundred day simple moving average of $23.92.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last issued its earnings results on Wednesday, November 4th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.11. The business had revenue of $6.12 billion during the quarter, compared to analysts' expectations of $6.09 billion. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The business's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.61 earnings per share. Analysts predict that Kraft Heinz Company will post 2.06 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 23rd. Investors of record on Friday, December 4th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $1.60 annualized dividend and a dividend yield of 6.5%. Kraft Heinz's dividend payout ratio (DPR) is -54.79%.

Kraft Heinz News Roundup

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

• Positive Sentiment: Kraft Heinz beat third-quarter earnings expectations and raised its 2026 earnings outlook. RBC also sees improving sales, market-share and volume trends as potential signs of a 2027 sales inflection. Kraft Heinz's Improving Trends Point to 2027 Sales Inflection, RBC Says
• Positive Sentiment: The planned sale of its North American coffee business to One Rock is expected to generate about $650 million. Management intends to use proceeds to reduce debt and refocus on other brands, which could strengthen the balance sheet and sharpen its portfolio. Kraft Heinz to Sell Coffee Unit to Refocus on Other Brands
• Neutral Sentiment: Analyst views remain mixed: DBS reaffirmed a Hold rating, while Wells Fargo and UBS raised their price targets but retained neutral or equal-weight ratings. The cautious recommendations suggest limited conviction in near-term upside. DBS Reaffirms Their Hold Rating on Kraft Heinz
• Negative Sentiment: Management flagged persistent headwinds, including inflation above 5%, sluggish U.S. retail recovery and challenges in improving market share. These pressures could limit growth and offset the benefit of the earnings outlook increase. KHC Q3 Earnings Call Highlights Turnaround and Inflation Pressures
• Negative Sentiment: Dividend-focused coverage has highlighted payout safety concerns among food companies facing sales declines and debt burdens. Kraft Heinz’s declared quarterly dividend is $0.40 per share—an indicated annual yield of about 6.3%—but that high yield may also sharpen investor scrutiny of cash flow and debt. Kraft Heinz Battles Headwinds to Save Its Dividend

Kraft Heinz Company Profile

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