Royal Palms Capital LLC purchased a new stake in Kraft Heinz Company (NASDAQ:KHC – Free Report) during the third quarter, Holdings Channel.com reports. The firm purchased 126,812 shares of the company’s stock, valued at approximately $2,881,000. Kraft Heinz comprises 2.6% of Royal Palms Capital LLC’s portfolio, making the stock its 20th biggest position.
Several other large investors have also recently made changes to their positions in the stock. Waverly Advisors LLC boosted its position in Kraft Heinz by 3.9% during the second quarter. Waverly Advisors LLC now owns 11,438 shares of the company’s stock valued at $270,000 after purchasing an additional 433 shares in the last quarter. 55 North Private Wealth LLC grew its stake in Kraft Heinz by 4.2% in the third quarter. 55 North Private Wealth LLC now owns 11,225 shares of the company’s stock valued at $255,000 after purchasing an additional 453 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in Kraft Heinz by 19.6% in the second quarter. Parkside Financial Bank & Trust now owns 3,097 shares of the company’s stock worth $73,000 after purchasing an additional 508 shares in the last quarter. Triumph Capital Management raised its holdings in Kraft Heinz by 14.4% in the second quarter. Triumph Capital Management now owns 4,042 shares of the company’s stock worth $95,000 after purchasing an additional 509 shares in the last quarter. Finally, Van Hulzen Asset Management LLC raised its holdings in Kraft Heinz by 5.6% in the second quarter. Van Hulzen Asset Management LLC now owns 10,029 shares of the company’s stock worth $237,000 after purchasing an additional 529 shares in the last quarter. 78.17% of the stock is owned by institutional investors.
More Kraft Heinz News
Here are the key news stories impacting Kraft Heinz this week:
- Positive Sentiment: Investors are positioning ahead of Kraft Heinz’s third-quarter earnings release on November 4, 2026, and its November 12 investor day. Management’s focus on innovation, marketing investment, and protein- and fiber-oriented products could support a return to growth in 2027. Kraft Heinz Rises as Investors Weigh Upcoming Catalysts and Improving Sentiment
- Positive Sentiment: A bullish investment thesis highlights Kraft Heinz’s strong cash generation, debt reduction, and relatively modest valuation compared with other packaged-food companies such as General Mills and Conagra Brands. The company’s dividend yield is approaching 7%, which may attract income-oriented investors despite weak long-term share performance. Kraft Heinz versus General Mills and Conagra Brands
- Positive Sentiment: Unusually high call-option activity and a reported purchase of Kraft Heinz shares by CEO Steven Cahillane suggest some traders and insiders are positioning for a recovery. Kraft Heinz market activity
- Neutral Sentiment: Analysts expect investors to focus on whether Kraft Heinz can stabilize brand performance, improve consumption trends, and provide credible 2027 growth targets in its upcoming earnings report. What to Expect From Kraft Heinz’s Next Earnings Report
- Negative Sentiment: Bearish coverage points to Kraft Heinz’s more than 35% five-year share-price decline, persistent brand and volume challenges, and uncertainty over whether a proposed brand reset can restore sustainable growth. What’s Wrong With Kraft Heinz Stock?
- Negative Sentiment: JPMorgan issued a pessimistic forecast, while the reported analyst price-target median of $24 suggests limited near-term upside around recent trading levels. Kraft Heinz also faces earnings pressure: the latest quarter’s revenue declined year over year and EPS fell from the prior-year period despite beating estimates. JPMorgan forecast for Kraft Heinz
Wall Street Analyst Weigh In
Several research firms have commented on KHC. Wells Fargo & Company decreased their price target on shares of Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Monday, October 5th. Evercore set a $24.00 price objective on shares of Kraft Heinz in a research report on Thursday, August 6th. Barclays reduced their price objective on shares of Kraft Heinz from $26.00 to $25.00 and set an “equal weight” rating for the company in a research note on Friday, October 16th. Weiss Ratings cut shares of Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, August 6th. Finally, Wall Street Zen cut shares of Kraft Heinz from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, Kraft Heinz currently has an average rating of “Reduce” and an average target price of $23.81.
Get Our Latest Report on Kraft Heinz
Kraft Heinz Stock Down 0.0%
Shares of KHC stock opened at $24.80 on Monday. The stock’s fifty day moving average price is $24.13 and its 200 day moving average price is $24.05. Kraft Heinz Company has a 1-year low of $21.03 and a 1-year high of $28.09. The company has a market cap of $29.40 billion, a price-to-earnings ratio of -8.67, a price-to-earnings-growth ratio of 2.99 and a beta of 0.12. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.06 and a quick ratio of 0.68.
Kraft Heinz (NASDAQ:KHC – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.03. The company had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $6.18 billion. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%. The firm’s revenue was down 1.4% compared to the same quarter last year. During the same period last year, the business posted $0.69 earnings per share. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. On average, research analysts expect that Kraft Heinz Company will post 2.06 earnings per share for the current fiscal year.
Kraft Heinz Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were issued a dividend of $0.40 per share. The ex-dividend date was Friday, September 4th. This represents a $1.60 annualized dividend and a dividend yield of 6.5%. Kraft Heinz’s dividend payout ratio is -55.94%.
About Kraft Heinz
The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company that develops, manufactures and markets branded products for consumers, retailers and foodservice customers. Its portfolio includes condiments and sauces, cheese and dairy products, meals, meats, snacks, beverages and desserts.
The company’s brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Jell-O, Maxwell House, Lunchables, Capri Sun, Planters and Classico, among others. Products are sold through grocery stores, mass merchants, club stores, convenience retailers, e-commerce channels and foodservice distributors.
Kraft Heinz was created in 2015 through the merger of Kraft Foods Group and H.J.
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