Lombard Odier Asset Management Switzerland SA increased its stake in Kraft Heinz Company (NASDAQ:KHC – Free Report) by 37.5% during the first quarter, Holdings Channel reports. The firm owned 276,176 shares of the company’s stock after acquiring an additional 75,300 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Kraft Heinz were worth $6,211,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Graney & King LLC grew its stake in Kraft Heinz by 20.5% during the fourth quarter. Graney & King LLC now owns 2,560 shares of the company’s stock worth $62,000 after buying an additional 435 shares in the last quarter. V Square Quantitative Management LLC raised its position in shares of Kraft Heinz by 3.2% in the 4th quarter. V Square Quantitative Management LLC now owns 14,892 shares of the company’s stock valued at $361,000 after buying an additional 458 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in shares of Kraft Heinz by 1.7% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 29,623 shares of the company’s stock valued at $718,000 after buying an additional 490 shares in the last quarter. New England Capital Financial Advisors LLC lifted its holdings 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 worth $30,000 after acquiring an additional 511 shares during the period. Finally, Deseret Mutual Benefit Administrators boosted its position in shares of Kraft Heinz by 6.6% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 8,281 shares of the company’s stock worth $201,000 after acquiring an additional 515 shares in the last quarter. Institutional investors and hedge funds own 78.17% of the company’s stock.
More Kraft Heinz News
Here are the key news stories impacting Kraft Heinz this week:
- Positive Sentiment: Kraft Heinz announced a strategic alliance with Walt Disney spanning food service, media, events, and branded experiences, which could open new revenue and marketing opportunities and improve the company’s turnaround story. Article Title
- Positive Sentiment: Traders bought 74,729 call options on KHC, far above normal volume, suggesting rising speculation on further upside in the shares.
- Positive Sentiment: Coverage highlighting Kraft Heinz as an ideal LBO/take-private target may be supporting the stock by keeping deal speculation alive, especially given its beaten-down valuation profile. Article Title
- Neutral Sentiment: Analyst commentary on consumer staples names, including KHC, suggests the stock remains a debated value play rather than a clear consensus winner. Article Title
- Negative Sentiment: Recent market coverage noted that KHC had fallen in the prior session, reflecting ongoing investor caution around the company’s fundamentals and the broader consumer-staples backdrop. Article Title
Insider Buying and Selling at Kraft Heinz
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the stock. UBS Group lifted their price objective on shares of Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Wall Street Zen upgraded Kraft Heinz from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kraft Heinz in a report on Friday, July 17th. Zacks Research raised Kraft Heinz from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Jefferies Financial Group dropped their price objective on Kraft Heinz from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, Kraft Heinz currently has an average rating of “Reduce” and an average price target of $23.19.
Check Out Our Latest Stock Report on Kraft Heinz
Kraft Heinz Price Performance
KHC stock opened at $25.67 on Friday. The stock has a market cap of $30.44 billion, a price-to-earnings ratio of -5.28 and a beta of 0.09. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.20 and a quick ratio of 0.82. The company has a 50 day simple moving average of $24.16 and a 200 day simple moving average of $23.57. Kraft Heinz Company has a 1 year low of $21.03 and a 1 year high of $29.19.
Kraft Heinz (NASDAQ:KHC – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.08. The firm had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.89 billion. Kraft Heinz had a negative net margin of 23.05% and a positive return on equity of 7.26%. The company’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter last year, the business posted $0.62 earnings per share. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Research analysts anticipate that Kraft Heinz Company will post 2.07 EPS for the current fiscal year.
Kraft Heinz Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 5th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.60 annualized dividend and a dividend yield of 6.2%. Kraft Heinz’s dividend payout ratio (DPR) is -32.92%.
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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