Zacks Research Has Positive View of Kraft Heinz Q2 Earnings

Kraft Heinz Company (NASDAQ:KHCFree Report) – Investment analysts at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for shares of Kraft Heinz in a research report issued to clients and investors on Wednesday, May 20th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.53 for the quarter, up from their previous estimate of $0.51. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Kraft Heinz’s current full-year earnings is $2.06 per share. Zacks Research also issued estimates for Kraft Heinz’s Q3 2026 earnings at $0.47 EPS, Q4 2026 earnings at $0.50 EPS, FY2026 earnings at $2.08 EPS, Q1 2027 earnings at $0.53 EPS, Q2 2027 earnings at $0.52 EPS, Q3 2027 earnings at $0.47 EPS, Q4 2027 earnings at $0.51 EPS, FY2027 earnings at $2.04 EPS, Q1 2028 earnings at $0.56 EPS and FY2028 earnings at $2.15 EPS.

Several other research firms also recently issued reports on KHC. Jefferies Financial Group dropped their price target on shares of Kraft Heinz from $23.00 to $20.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Barclays upped their price objective on shares of Kraft Heinz from $24.00 to $25.00 and gave the company an “equal weight” rating in a research report on Thursday, February 12th. BTIG Research initiated coverage on Kraft Heinz in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on Kraft Heinz from $20.00 to $22.00 and gave the stock a “hold” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Kraft Heinz in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $23.06.

Read Our Latest Stock Report on Kraft Heinz

Kraft Heinz Trading Up 0.0%

NASDAQ KHC opened at $23.54 on Friday. The stock has a market cap of $27.91 billion, a P/E ratio of -4.84 and a beta of 0.06. The company’s fifty day simple moving average is $22.59 and its 200-day simple moving average is $23.69. The company has a current ratio of 1.20, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. Kraft Heinz has a 52 week low of $21.03 and a 52 week high of $29.19.

Kraft Heinz (NASDAQ:KHCGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. The firm had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.89 billion. Kraft Heinz had a positive return on equity of 7.26% and a negative net margin of 23.05%.Kraft Heinz’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.62 EPS. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS.

Institutional Trading of Kraft Heinz

Several hedge funds and other institutional investors have recently bought and sold shares of KHC. Cassaday & Co Wealth Management LLC acquired a new stake in Kraft Heinz during the first quarter valued at approximately $27,000. Jessup Wealth Management Inc acquired a new position in shares of Kraft Heinz in the 4th quarter worth approximately $27,000. Reflection Asset Management bought a new stake in shares of Kraft Heinz in the 4th quarter valued at approximately $28,000. Key Capital Management INC acquired a new stake in shares of Kraft Heinz during the 4th quarter valued at approximately $29,000. Finally, DV Equities LLC acquired a new stake in shares of Kraft Heinz during the 4th quarter valued at approximately $29,000. 78.17% of the stock is owned by institutional investors.

Insider Buying and Selling at Kraft Heinz

In other news, insider Cory Onell sold 4,991 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $24.34, for a total value of $121,480.94. Following the completion of the sale, the insider owned 197,463 shares of the company’s stock, valued at approximately $4,806,249.42. The trade was a 2.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.24% of the company’s stock.

Kraft Heinz Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Friday, June 5th. Kraft Heinz’s dividend payout ratio (DPR) is currently -32.92%.

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About Kraft Heinz

(Get Free Report)

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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Earnings History and Estimates for Kraft Heinz (NASDAQ:KHC)

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