Osmosis Investment Management UK Ltd Buys New Stake in Kraft Heinz Company $KHC

Osmosis Investment Management UK Ltd purchased a new position in Kraft Heinz Company (NASDAQ:KHCFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 27,858 shares of the company’s stock, valued at approximately $658,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake 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 purchasing an additional 616,283 shares in the last quarter. Swiss Life Asset Management Ltd increased its position in shares of Kraft Heinz by 148.4% during the 4th quarter. Swiss Life Asset Management Ltd now owns 2,168,874 shares of the company’s stock worth $52,595,000 after purchasing an additional 1,295,688 shares in the last quarter. Westhampton Capital LLC bought a new position in Kraft Heinz during the 4th quarter valued at about $1,222,000. Swedbank AB boosted its position in Kraft Heinz by 10.2% in the fourth quarter. Swedbank AB now owns 1,359,161 shares of the company’s stock valued at $32,960,000 after buying an additional 125,307 shares in the last quarter. Finally, AustralianSuper Pty Ltd boosted its position in Kraft Heinz by 68.7% in the fourth quarter. AustralianSuper Pty Ltd now owns 2,052,635 shares of the company’s stock valued at $49,776,000 after buying an additional 835,554 shares in the last quarter. Institutional investors own 78.17% of the company’s stock.

Kraft Heinz Trading Down 1.4%

KHC opened at $25.32 on Wednesday. Kraft Heinz Company has a 1-year low of $21.03 and a 1-year high of $28.09. The stock has a market capitalization of $30.02 billion, a PE ratio of -8.85 and a beta of 0.08. The company has a current ratio of 1.06, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49. The firm has a 50-day moving average price of $25.06 and a two-hundred day moving average price of $23.91.

Kraft Heinz (NASDAQ:KHCGet Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.03. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The company had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.18 billion. During the same period in the prior year, the business earned $0.69 earnings per share. Kraft Heinz’s quarterly revenue was down 1.4% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. As a group, equities analysts anticipate that Kraft Heinz Company will post 2.06 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.60 annualized dividend and a yield of 6.3%. Kraft Heinz’s dividend payout ratio is currently -55.94%.

Insider Transactions at Kraft Heinz

In other Kraft Heinz news, insider Diana Frost sold 18,502 shares of the stock in a transaction 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 directly owned 102,667 shares in the company, valued at approximately $2,366,474.35. This trade represents a 15.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KHC. Piper Sandler raised their price objective on shares of Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Weiss Ratings downgraded Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, August 6th. TD Cowen increased their price target on Kraft Heinz from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Evercore set a $24.00 price target on Kraft Heinz in a report on Thursday, August 6th. Finally, BNP Paribas Exane lifted their price objective on Kraft Heinz from $17.00 to $19.00 and gave the company an “underperform” rating in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $23.62.

View Our Latest Research Report on Kraft Heinz

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.

Further Reading

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Institutional Ownership by Quarter for Kraft Heinz (NASDAQ:KHC)

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