Murphy Pohlad Asset Management LLC Acquires New Holdings in Kraft Heinz Company $KHC

Key Points

• Murphy Pohlad Asset Management acquired 45,060 Kraft Heinz shares worth approximately $1.02 million in the third quarter. Institutional investors collectively own 78.17% of the company.
• Kraft Heinz shares recently traded at $24.80, while analysts maintain a cautious outlook: the stock has a consensus “Reduce” rating and an average price target of $23.81.
• The company beat quarterly earnings and revenue expectations but reported year-over-year declines, while its $0.40 quarterly dividend provides a high 6.5% annualized yield. Investors are watching upcoming earnings and investor-day events for evidence of a sustainable growth recovery.

Murphy Pohlad Asset Management LLC acquired a new position in shares of Kraft Heinz Company (NASDAQ:KHC - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 45,060 shares of the company's stock, valued at approximately $1,024,000.

Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Kraft Heinz during the second quarter worth approximately $1,803,911,000. Nykredit A S acquired a new position in Kraft Heinz in the 2nd quarter valued at $181,408,000. Deutsche Bank AG acquired a new position in Kraft Heinz in the 2nd quarter valued at $179,876,000. Bank of New York Mellon Corp bought a new position in Kraft Heinz during the 2nd quarter worth $170,097,000. Finally, Legal & General Group Plc bought a new position in Kraft Heinz during the 2nd quarter worth $142,611,000. Institutional investors own 78.17% of the company's stock.

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Kraft Heinz Price Performance

Shares of KHC traded down $0.29 during trading hours on Friday, hitting $24.80. 9,860,894 shares of the company were exchanged, compared to its average volume of 15,861,146. The company 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. The company has a quick ratio of 0.68, a current ratio of 1.06 and a debt-to-equity ratio of 0.49. The firm's fifty day moving average is $24.13 and its 200 day moving average is $24.05.

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

Kraft Heinz Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Piper Sandler boosted their target price on shares of Kraft Heinz from $24.00 to $25.00 and gave the company a "neutral" rating in a research report on Thursday, August 6th. UBS Group reaffirmed a "neutral" rating on shares of Kraft Heinz in a research report on Thursday, October 15th. TD Cowen reiterated a "hold" rating and issued a $22.00 price objective on shares of Kraft Heinz in a research note on Tuesday, September 22nd. Wells Fargo & Company cut their price objective on shares of Kraft Heinz from $25.00 to $23.00 and set an "equal weight" rating for the company in a report on Monday, October 5th. Finally, Weiss Ratings lowered shares of Kraft Heinz from a "sell (d)" rating to a "sell (d-)" rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average price target of $23.81.

Key Stories Impacting Kraft Heinz

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

Kraft Heinz Profile

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.

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