UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Position in Kraft Heinz Company $KHC

Key Points

• UBS Asset Management cut its Kraft Heinz position by 40.2% in the second quarter, selling 3.9 million shares and retaining 5.8 million shares worth approximately $137.6 million. Institutional investors collectively own 78.17% of the company.
• Kraft Heinz reported quarterly EPS of $0.56, beating estimates of $0.53, while revenue reached $6.26 billion but declined 1.4% year over year. The company reaffirmed fiscal 2026 EPS guidance of $2.03–$2.09.
• The company declared a quarterly dividend of $0.40 per share, equating to a 6.2% annualized yield. Despite the income appeal, analysts maintain a consensus “Reduce” rating with an average price target of $23.62, below the cited share price of $25.87.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of Kraft Heinz Company (NASDAQ:KHC - Free Report) by 40.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,825,123 shares of the company's stock after selling 3,918,574 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.49% of Kraft Heinz worth $137,589,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Cassaday & Co Wealth Management LLC acquired a new position in Kraft Heinz during the first quarter valued at $27,000. Jessup Wealth Management Inc acquired a new stake in Kraft Heinz during the 4th quarter worth about $27,000. Reflection Asset Management purchased a new position in shares of Kraft Heinz during the 4th quarter valued at about $28,000. Hara Capital LLC purchased a new position in shares of Kraft Heinz during the 2nd quarter valued at about $29,000. Finally, DV Equities LLC acquired a new position in shares of Kraft Heinz in the 4th quarter valued at about $29,000. 78.17% of the stock is owned by hedge funds and other institutional investors.

Kraft Heinz Price Performance

Shares of NASDAQ KHC opened at $25.87 on Wednesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 1.06. The firm has a fifty day moving average of $25.33 and a 200 day moving average of $23.93. The firm has a market cap of $30.68 billion, a PE ratio of -9.05 and a beta of 0.08. Kraft Heinz Company has a one year low of $21.03 and a one year high of $28.09.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last announced its earnings results 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 business 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%. The company's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.69 earnings per share. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. As a group, research analysts predict that Kraft Heinz Company will post 2.06 EPS for the current fiscal year.

Kraft Heinz Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 6.2%. The ex-dividend date is Friday, September 4th. Kraft Heinz's payout ratio is presently -55.94%.

Insider Buying and Selling

In other Kraft Heinz news, insider Diana Frost sold 18,502 shares of the business's stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $23.05, for a total transaction of $426,471.10. Following the completion of the sale, the insider directly owned 102,667 shares in the company, valued at approximately $2,366,474.35. The trade was a 15.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.24% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently commented on KHC. UBS Group raised 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. BNP Paribas Exane boosted their price target on Kraft Heinz from $17.00 to $19.00 and gave the company an "underperform" rating in a report on Tuesday, June 30th. Barclays raised their price objective 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. Sanford C. Bernstein lowered shares of Kraft Heinz from a "market perform" rating to an "underperform" rating and cut their target price for the company from $25.00 to $21.00 in a report on Wednesday, June 3rd. Finally, TD Cowen boosted their target price on shares of Kraft Heinz from $20.00 to $22.00 and gave the company a "hold" rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average target price of $23.62.

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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