Te Ahumairangi Investment Management Ltd Makes New Investment in Kraft Heinz Company $KHC

Te Ahumairangi Investment Management Ltd bought a new stake in shares of Kraft Heinz Company (NASDAQ:KHC - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 152,070 shares of the company's stock, valued at approximately $3,592,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Kraft Heinz by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 102,933,219 shares of the company's stock worth $2,496,131,000 after buying an additional 616,283 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Kraft Heinz during the 2nd quarter worth $1,803,911,000. Invesco Ltd. boosted its holdings in shares of Kraft Heinz by 10.5% during the fourth quarter. Invesco Ltd. now owns 19,725,662 shares of the company's stock worth $478,347,000 after purchasing an additional 1,870,310 shares during the last quarter. Auto Owners Insurance Co grew its position in shares of Kraft Heinz by 3,034.1% in the fourth quarter. Auto Owners Insurance Co now owns 16,477,002 shares of the company's stock valued at $39,957,000 after purchasing an additional 15,951,271 shares during the period. Finally, Norges Bank purchased a new stake in shares of Kraft Heinz in the fourth quarter valued at $332,382,000. 78.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wells Fargo & Company upped their price objective on shares of Kraft Heinz from $23.00 to $25.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 8th. Barclays increased their price target on shares of Kraft Heinz from $25.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Friday, August 7th. BNP Paribas Exane lifted their price target on shares of Kraft Heinz from $17.00 to $19.00 and gave the company an "underperform" rating in a report on Tuesday, June 30th. Evercore set a $24.00 target price on Kraft Heinz in a research report on Thursday, August 6th. Finally, UBS Group boosted their target price on Kraft Heinz from $25.00 to $27.00 and gave the stock a "neutral" rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, Kraft Heinz presently has an average rating of "Reduce" and an average price target of $23.62.

Key Stories Impacting Kraft Heinz

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

• Positive Sentiment: Investment in key brands is showing early signs of improving market share, with volumes and earnings expected to recover in 2027 as spending initiatives gain traction. Emerging Markets are a notable growth driver, posting 8.5% organic sales growth and offering long-term expansion potential. The stock’s valuation is also viewed as reasonable. Kraft Heinz: Early Signs Of Turnaround Gaining Traction And Reasonable Valuation
• Positive Sentiment: Zacks Research raised its FY2027 EPS forecast to $2.09 from $2.04, and increased estimates for Q2 and Q3 2027 and Q4 2027. These revisions support the view that current investments could produce better profitability beyond 2026. Kraft Heinz analyst estimates
• Neutral Sentiment: The FY2026 EPS forecast now stands at $2.06, matching consensus but below Zacks’ previous $2.08 estimate. FY2028 EPS is projected at $2.14, slightly below the prior $2.15 forecast, suggesting modest long-term revisions rather than a broad earnings reset.
• Negative Sentiment: Zacks lowered Q3 2026 EPS to $0.43 from $0.47, cut Q4 2026 EPS to $0.49 from $0.50, and reduced Q1 2027 EPS to $0.52 from $0.53. The revisions reflect expected pressure from higher brand investment and indicate that the turnaround may weigh on earnings before benefits appear.

Insider Transactions at Kraft Heinz

In other Kraft Heinz news, insider Diana Frost sold 18,502 shares of the firm's stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $23.05, for a total value of $426,471.10. Following the sale, the insider owned 102,667 shares in the company, valued at approximately $2,366,474.35. This trade represents a 15.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.24% of the stock is owned by insiders.

Kraft Heinz Stock Performance

Kraft Heinz stock opened at $25.58 on Monday. The stock has a market cap of $30.33 billion, a P/E ratio of -8.94 and a beta of 0.08. The company has a current ratio of 1.06, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49. The stock has a 50 day moving average of $24.99 and a 200-day moving average of $23.89. Kraft Heinz Company has a 52 week low of $21.03 and a 52 week high of $28.10.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.03. The business had revenue of $6.26 billion during 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%. The business's revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.69 earnings per share. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. On average, analysts expect that Kraft Heinz Company will post 2.06 EPS for the current fiscal year.

Kraft Heinz Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.60 annualized dividend and a yield of 6.3%. Kraft Heinz's dividend payout ratio (DPR) is currently -55.94%.

Kraft Heinz Company 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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