Wealthfront Advisers LLC Takes Position in Kraft Heinz Company $KHC

Key Points

• Wealthfront Advisers acquired 363,620 Kraft Heinz shares in the second quarter, valued at approximately $8.6 million. Institutional investors collectively own 78.17% of the company.
• Kraft Heinz reported quarterly EPS of $0.56, exceeding the $0.53 consensus estimate, while revenue reached $6.26 billion but declined 1.4% year over year. The company maintained 2026 EPS guidance of $2.03–$2.09.
• The company declared a quarterly dividend of $0.40, equivalent to $1.60 annually and a 6.2% yield. Analysts remain cautious, with a consensus “Reduce” rating and an average price target of $23.62.

Wealthfront Advisers LLC purchased a new stake in Kraft Heinz Company (NASDAQ:KHC - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 363,620 shares of the company's stock, valued at approximately $8,589,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC bought a new stake in Kraft Heinz during the first quarter worth approximately $27,000. Jessup Wealth Management Inc bought a new stake in shares of Kraft Heinz in the 4th quarter valued at approximately $27,000. Reflection Asset Management bought a new stake in shares of Kraft Heinz in the 4th quarter valued at approximately $28,000. DV Equities LLC purchased a new position in shares of Kraft Heinz in the 4th quarter worth approximately $29,000. Finally, New England Capital Financial Advisors LLC increased its position in shares of Kraft Heinz by 70.2% during the 4th quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company's stock valued at $30,000 after purchasing an additional 511 shares during the last quarter. Hedge funds and other institutional investors own 78.17% of the company's stock.

Insider Transactions at Kraft Heinz

In related news, insider Diana Frost sold 18,502 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $23.05, for a total value of $426,471.10. Following the transaction, the insider owned 102,667 shares of the company's stock, valued at $2,366,474.35. This 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 is available through the SEC website. 0.24% of the stock is currently owned by company insiders.

Kraft Heinz Trading Up 3.5%

Shares of KHC opened at $25.68 on Thursday. Kraft Heinz Company has a 1-year low of $21.03 and a 1-year high of $28.10. The company has a 50-day moving average of $24.94 and a 200 day moving average of $23.86. The firm has a market capitalization of $30.45 billion, a price-to-earnings ratio of -8.98 and a beta of 0.08. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.06 and a quick ratio of 0.68.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last issued its 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. The business had revenue of $6.26 billion for the quarter, compared to the consensus estimate 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 period in the prior year, the firm earned $0.69 EPS. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. On average, research analysts expect that Kraft Heinz Company will post 2.06 EPS for the current year.

Kraft Heinz Announces Dividend

The company also recently declared 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. The ex-dividend date is Friday, September 4th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.2%. Kraft Heinz's payout ratio is presently -55.94%.

Analyst Ratings Changes

Several research firms recently weighed in on KHC. UBS Group increased their price target on Kraft Heinz from $25.00 to $27.00 and gave the company a "neutral" rating in a report on Thursday, August 6th. Barclays lifted 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. Piper Sandler boosted their price objective 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. Morgan Stanley set a $22.00 target price on shares of Kraft Heinz in a research note on Thursday, April 23rd. Finally, TD Cowen raised their target price on shares of Kraft Heinz from $20.00 to $22.00 and gave the stock a "hold" rating in a report 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 given a Sell rating to the company. According to MarketBeat, the stock 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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