Nordea Investment Management AB lifted its holdings in Kraft Heinz Company (NASDAQ:KHC – Free Report) by 0.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 13,801,453 shares of the company’s stock after buying an additional 106,970 shares during the quarter. Nordea Investment Management AB’s holdings in Kraft Heinz were worth $336,134,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in the business. Ashton Thomas Private Wealth LLC acquired a new stake in Kraft Heinz in the 1st quarter valued at $207,000. Woodline Partners LP boosted its position in shares of Kraft Heinz by 39.0% in the first quarter. Woodline Partners LP now owns 73,700 shares of the company’s stock worth $2,243,000 after buying an additional 20,690 shares during the period. Ensign Peak Advisors Inc grew its stake in shares of Kraft Heinz by 37.6% in the second quarter. Ensign Peak Advisors Inc now owns 621,151 shares of the company’s stock valued at $16,038,000 after buying an additional 169,848 shares in the last quarter. Prudential PLC grew its stake in shares of Kraft Heinz by 6.6% in the second quarter. Prudential PLC now owns 34,987 shares of the company’s stock valued at $903,000 after buying an additional 2,158 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its holdings in shares of Kraft Heinz by 6.7% during the 2nd quarter. Handelsbanken Fonder AB now owns 447,017 shares of the company’s stock valued at $11,542,000 after buying an additional 27,917 shares during the period. Hedge funds and other institutional investors own 78.17% of the company’s stock.
Kraft Heinz Stock Down 0.9%
NASDAQ:KHC opened at $21.57 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 1.15. The company has a market capitalization of $25.53 billion, a price-to-earnings ratio of -4.37 and a beta of 0.06. Kraft Heinz Company has a one year low of $21.51 and a one year high of $31.15. The stock has a 50-day simple moving average of $23.78 and a 200 day simple moving average of $24.64.
Kraft Heinz Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, March 6th. This represents a $1.60 annualized dividend and a yield of 7.4%. Kraft Heinz’s dividend payout ratio (DPR) is -32.39%.
Insider Buying and Selling
In other Kraft Heinz news, insider Cory Onell sold 9,045 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $24.61, for a total transaction of $222,597.45. Following the completion of the sale, the insider owned 202,454 shares in the company, valued at $4,982,392.94. The trade was a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.35% of the stock is currently owned by corporate insiders.
Kraft Heinz News Summary
Here are the key news stories impacting Kraft Heinz this week:
- Positive Sentiment: Kraft Heinz announced a C$250 million (US$250M) investment to modernize its Mont Royal factory in Montreal, boosting manufacturing capacity, sustainability and local production for core brands; this is a tangible capex commitment that supports long‑term margin improvement and supply-chain control. Business Wire
- Positive Sentiment: The company is pushing brand relevance with product innovation (PowerMac high-protein Mac & Cheese) and a five‑year global NFL partnership aimed at driving game‑day demand and foodservice reach — moves that target growth areas (better‑for‑you and occasion-driven consumption). Yahoo — PowerMac & NFL
- Positive Sentiment: Investment‑oriented analysis highlights an attractive free cash flow yield and a potential turnaround narrative, which could attract value‑oriented investors if operational improvement continues. Seeking Alpha — Turnaround
- Neutral Sentiment: Industry M&A chatter remains elevated (Unilever/McCormick/food‑assets talk). Such moves could materially reshape competitive dynamics but outcomes and timelines are uncertain, so near‑term impact on KHC is ambiguous. Reuters — Unilever/food
- Neutral Sentiment: Press coverage notes ongoing strategic conversations in the sector (McCormick/Unilever), which could create opportunities or threats depending on deal structure. Just‑Food — M&A
- Negative Sentiment: Analyst consensus is weak — the stock carries an average recommendation of “Reduce,” signaling continued sell‑side skepticism that can pressure sentiment and limit buyer interest. American Banking News — Analyst Ratings
- Negative Sentiment: KHC recently hit a 52‑week low and has shown notable short‑term declines, reflecting investor concern about top‑line trends and valuation. Investing.com — 52‑week low
- Negative Sentiment: Critical analysis argues Kraft Heinz faces structural market share erosion and execution risk, which underpins bearish views and could keep multiples depressed absent clear evidence of sustained recovery. Seeking Alpha — Structural concerns
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on KHC. BNP Paribas Exane decreased their price target on Kraft Heinz from $22.00 to $20.00 and set an “underperform” rating for the company in a report on Thursday, February 12th. TD Cowen reissued a “hold” rating on shares of Kraft Heinz in a research report on Thursday, February 12th. Sanford C. Bernstein upped their target price on shares of Kraft Heinz from $24.00 to $27.00 and gave the company a “market perform” rating in a research note on Thursday, February 12th. The Goldman Sachs Group set a $23.00 price target on shares of Kraft Heinz in a research note on Thursday, February 12th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Kraft Heinz in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Hold rating and six have given a Sell rating to the company. According to MarketBeat, Kraft Heinz presently has an average rating of “Reduce” and an average target price of $24.78.
Check Out Our Latest Stock Analysis on Kraft Heinz
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.
Further Reading
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