Kraft Heinz Company $KHC Shares Sold by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. reduced its position in Kraft Heinz Company (NASDAQ:KHC – Free Report) by 33.1% in the third quarter, Holdings Channel.com reports. The firm owned 154,987 shares of the company’s stock after selling 76,659 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Kraft Heinz were worth $3,634,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Kraft Heinz in the 2nd quarter worth approximately $1,803,911,000. Nykredit A S purchased a new stake in Kraft Heinz in the 2nd quarter worth approximately $181,408,000. Deutsche Bank AG bought a new stake in Kraft Heinz in the second quarter valued at $179,876,000. Bank of New York Mellon Corp purchased a new position in shares of Kraft Heinz during the second quarter valued at about $170,097,000. Finally, Legal & General Group Plc bought a new position in shares of Kraft Heinz in the 2nd quarter worth approximately $142,611,000. 78.17% of the stock is currently owned by institutional investors.

Kraft Heinz Stock Down 2.7%

Shares of NASDAQ KHC traded down $0.68 during trading on Friday, reaching $24.64. The company had a trading volume of 16,030,528 shares, compared to its average volume of 15,780,060. Kraft Heinz Company has a 12-month low of $21.03 and a 12-month high of $28.09. The company has a quick ratio of 0.68, a current ratio of 1.06 and a debt-to-equity ratio of 0.49. The business’s 50-day moving average is $24.01 and its 200 day moving average is $23.92. The stock has a market cap of $29.22 billion, a PE ratio of -8.62, a P/E/G ratio of 2.99 and a beta of 0.12.

Kraft Heinz (NASDAQ:KHC – Get Free Report) last issued its earnings results on Wednesday, November 4th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.11. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The firm had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the prior year, the firm posted $0.61 earnings per share. The business’s revenue was down 2.0% on a year-over-year basis. As a group, equities analysts forecast that Kraft Heinz Company will post 2.06 earnings per share for the current fiscal year.

Kraft Heinz Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 23rd. Stockholders of record on Friday, December 4th will be paid a $0.40 dividend. The ex-dividend date is Friday, December 4th. This represents a $1.60 annualized dividend and a dividend yield of 6.5%. Kraft Heinz’s payout ratio is currently -55.94%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. TD Cowen reaffirmed a “hold” rating and issued a $22.00 target price on shares of Kraft Heinz in a research report on Tuesday, September 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $32.00 price target on shares of Kraft Heinz in a research report on Thursday, September 24th. Barclays dropped their price objective on shares of Kraft Heinz from $26.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. Evercore set a $24.00 price objective on shares of Kraft Heinz in a report on Thursday, August 6th. Finally, Weiss Ratings downgraded shares of Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $23.80.

View Our Latest Stock Report on KHC

Key Stories Impacting Kraft Heinz

Here are the key news stories impacting Kraft Heinz this week:

  • Positive Sentiment: Kraft Heinz beat third-quarter earnings expectations and raised its 2026 earnings outlook. RBC also sees improving sales, market-share and volume trends as potential signs of a 2027 sales inflection. Kraft Heinz’s Improving Trends Point to 2027 Sales Inflection, RBC Says
  • Positive Sentiment: The planned sale of its North American coffee business to One Rock is expected to generate about $650 million. Management intends to use proceeds to reduce debt and refocus on other brands, which could strengthen the balance sheet and sharpen its portfolio. Kraft Heinz to Sell Coffee Unit to Refocus on Other Brands
  • Neutral Sentiment: Analyst views remain mixed: DBS reaffirmed a Hold rating, while Wells Fargo and UBS raised their price targets but retained neutral or equal-weight ratings. The cautious recommendations suggest limited conviction in near-term upside. DBS Reaffirms Their Hold Rating on Kraft Heinz
  • Negative Sentiment: Management flagged persistent headwinds, including inflation above 5%, sluggish U.S. retail recovery and challenges in improving market share. These pressures could limit growth and offset the benefit of the earnings outlook increase. KHC Q3 Earnings Call Highlights Turnaround and Inflation Pressures
  • Negative Sentiment: Dividend-focused coverage has highlighted payout safety concerns among food companies facing sales declines and debt burdens. Kraft Heinz’s declared quarterly dividend is $0.40 per share—an indicated annual yield of about 6.3%—but that high yield may also sharpen investor scrutiny of cash flow and debt. Kraft Heinz Battles Headwinds to Save Its Dividend

Kraft Heinz Profile

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

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