Saxon Interests Inc. Purchases Shares of 42,230 Kraft Heinz Company $KHC

Posted by Geri Gentry on Jul 8th, 2026

Saxon Interests Inc. acquired a new position in shares of Kraft Heinz Company (NASDAQ:KHC – Free Report) during the first quarter, HoldingsChannel reports. The institutional investor acquired 42,230 shares of the company’s stock, valued at approximately $950,000.

Several other institutional investors have also modified their holdings of KHC. Vanguard Group Inc. grew its position in shares of Kraft Heinz by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 102,933,219 shares of the company’s stock valued at $2,496,131,000 after buying an additional 616,283 shares during the last quarter. Invesco Ltd. lifted its position in Kraft Heinz by 10.5% in the fourth quarter. Invesco Ltd. now owns 19,725,662 shares of the company’s stock valued at $478,347,000 after acquiring an additional 1,870,310 shares during the last quarter. Auto Owners Insurance Co boosted its stake in Kraft Heinz by 3,034.1% in the fourth quarter. Auto Owners Insurance Co now owns 16,477,002 shares of the company’s stock valued at $39,957,000 after acquiring an additional 15,951,271 shares in the last quarter. Nordea Investment Management AB grew its holdings in shares of Kraft Heinz by 0.8% during the fourth quarter. Nordea Investment Management AB now owns 13,801,453 shares of the company’s stock worth $336,134,000 after purchasing an additional 106,970 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Kraft Heinz during the fourth quarter worth about $332,382,000. Hedge funds and other institutional investors own 78.17% of the company’s stock.

Insider Activity at Kraft Heinz

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

Analyst Ratings Changes

Several analysts have recently weighed in on the company. BNP Paribas Exane boosted their target price on Kraft Heinz from $17.00 to $19.00 and gave the company an “underperform” rating in a report on Tuesday, June 30th. JPMorgan Chase & Co. cut their price target on Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating on the stock in a research report on Wednesday, March 25th. Jefferies Financial Group reduced their price objective on Kraft Heinz from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Zacks Research raised Kraft Heinz from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, BTIG Research began coverage on shares of Kraft Heinz in a research report on Monday, April 13th. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $22.88.

Read Our Latest Stock Analysis on Kraft Heinz

Kraft Heinz Stock Up 1.9%

Kraft Heinz stock opened at $25.30 on Wednesday. The stock has a 50 day moving average of $23.52 and a two-hundred day moving average of $23.46. Kraft Heinz Company has a twelve month low of $21.03 and a twelve month high of $29.19. The stock has a market capitalization of $30.00 billion, a price-to-earnings ratio of -5.21 and a beta of 0.09. 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 (NASDAQ:KHC – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.08. Kraft Heinz had a positive return on equity of 7.26% and a negative net margin of 23.05%.The business had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.89 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up .8% compared to the same quarter last year. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. As a group, research analysts expect that Kraft Heinz Company will post 2.07 earnings per share for the current year.

Kraft Heinz Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 5th were given a dividend of $0.40 per share. The ex-dividend date was Friday, June 5th. This represents a $1.60 dividend on an annualized basis and a yield of 6.3%. Kraft Heinz’s dividend payout ratio is presently -32.92%.

Kraft Heinz Profile

(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.