Zacks Research Reduces Earnings Estimates for Kraft Heinz

Kraft Heinz Company (NASDAQ:KHC) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings per share estimates for Kraft Heinz in a report issued on Wednesday, November 12th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.61 per share for the quarter, down from their prior estimate of $0.62. The consensus estimate for Kraft Heinz’s current full-year earnings is $2.68 per share. Zacks Research also issued estimates for Kraft Heinz’s Q3 2027 earnings at $0.62 EPS.

Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Friday, July 8th. The company reported $0.72 earnings per share (EPS) for the quarter. Kraft Heinz had a positive return on equity of 7.26% and a negative net margin of 17.35%.The business had revenue of $6.39 billion during the quarter.

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. cut their price target on shares of Kraft Heinz from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Mizuho lowered their target price on shares of Kraft Heinz from $29.00 to $27.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 28th. Barclays reduced their price target on shares of Kraft Heinz from $26.00 to $24.00 and set an “equal weight” rating for the company in a research report on Thursday, October 30th. Evercore ISI decreased their price target on Kraft Heinz from $30.00 to $28.00 and set an “in-line” rating on the stock in a research note on Thursday, October 30th. Finally, Jefferies Financial Group dropped their price objective on Kraft Heinz from $28.00 to $24.00 and set a “hold” rating for the company in a research note on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $26.58.

Kraft Heinz Price Performance

NASDAQ:KHC traded up $0.35 during trading hours on Thursday, hitting $25.10. The company’s stock had a trading volume of 6,922,353 shares, compared to its average volume of 13,478,610. Kraft Heinz has a 52-week low of $23.70 and a 52-week high of $33.35. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13. The business’s 50-day moving average is $25.56 and its two-hundred day moving average is $26.66. The company has a market capitalization of $29.71 billion, a PE ratio of -6.73, a PEG ratio of 2.88 and a beta of 0.16.

Kraft Heinz Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, November 28th will be issued a $0.40 dividend. The ex-dividend date is Friday, November 28th. This represents a $1.60 annualized dividend and a yield of 6.4%. Kraft Heinz’s payout ratio is -42.90%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in KHC. Vanguard Group Inc. grew its holdings in shares of Kraft Heinz by 12.7% during the 1st quarter. Vanguard Group Inc. now owns 101,980,834 shares of the company’s stock worth $3,103,277,000 after purchasing an additional 11,472,071 shares during the period. Norges Bank purchased a new stake in shares of Kraft Heinz during the 2nd quarter valued at about $276,159,000. Pacer Advisors Inc. boosted its holdings in Kraft Heinz by 4,390.7% in the 1st quarter. Pacer Advisors Inc. now owns 7,444,062 shares of the company’s stock worth $226,523,000 after acquiring an additional 7,278,295 shares during the period. Nordea Investment Management AB lifted its position in shares of Kraft Heinz by 75.1% during the third quarter. Nordea Investment Management AB now owns 13,694,483 shares of the company’s stock worth $351,263,000 after purchasing an additional 5,873,967 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Kraft Heinz by 14.7% in the second quarter. Geode Capital Management LLC now owns 26,446,203 shares of the company’s stock valued at $681,663,000 after purchasing an additional 3,392,470 shares during the period. 78.17% of the stock is owned by hedge funds and other institutional investors.

About Kraft Heinz

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.