Mitsubishi UFJ Asset Management Co. Ltd. Increases Stake in Kraft Heinz Company $KHC

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Kraft Heinz Company (NASDAQ:KHC) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,200,583 shares of the company’s stock after buying an additional 56,695 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Kraft Heinz were worth $53,672,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Kraft Heinz by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 102,933,219 shares of the company’s stock worth $2,496,131,000 after buying an additional 616,283 shares during the period. Invesco Ltd. increased its stake in Kraft Heinz by 1.5% during the 3rd quarter. Invesco Ltd. now owns 17,855,352 shares of the company’s stock worth $464,953,000 after buying an additional 270,678 shares during the period. Nordea Investment Management AB increased its stake in Kraft Heinz by 0.8% during the 4th quarter. Nordea Investment Management AB now owns 13,801,453 shares of the company’s stock worth $336,134,000 after buying an additional 106,970 shares during the period. Dimensional Fund Advisors LP increased its stake in Kraft Heinz by 4.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,043,650 shares of the company’s stock worth $209,427,000 after buying an additional 311,020 shares during the period. Finally, Capital International Investors increased its stake in Kraft Heinz by 0.4% during the 3rd quarter. Capital International Investors now owns 7,583,727 shares of the company’s stock worth $197,480,000 after buying an additional 30,991 shares during the period. 78.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on KHC. UBS Group boosted their price target on shares of Kraft Heinz from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Friday. JPMorgan Chase & Co. lowered their price target on shares of Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating for the company in a report on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Kraft Heinz from $20.00 to $22.00 and gave the stock a “hold” rating in a report on Thursday. Wells Fargo & Company lowered 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 report on Thursday, March 12th. Finally, Piper Sandler lowered their price target on shares of Kraft Heinz from $24.00 to $23.00 and set a “neutral” rating for the company in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Kraft Heinz currently has a consensus rating of “Reduce” and an average target price of $23.06.

More Kraft Heinz News

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

• Positive Sentiment: Kraft Heinz reported better-than-expected Q1 sales and analysts have been raising attention around the improving turnaround story, suggesting early traction in its core brands. Article Title
• Positive Sentiment: The company is boosting marketing spending, launching new products like upgraded Kraft Mac & Cheese and Ore-Ida Tater Tots, and signing a five-year NFL sponsorship deal, all of which could help brand visibility and sales. Article Title
• Positive Sentiment: Kraft Heinz launched a $1.1 billion debt tender offer, a move that may improve balance-sheet flexibility and support the company’s broader restructuring efforts. Article Title
• Neutral Sentiment: Management is talking more openly about inflation pressure and lower-income consumers running out of room on spending, which explains why Kraft Heinz is leaning hard into value pricing. Article Title
• Negative Sentiment: BNP Paribas Exane lowered its price target on Kraft Heinz, which could temper enthusiasm despite the recent operational improvements. Article Title

Kraft Heinz Trading Up 1.2%

Shares of Kraft Heinz stock opened at $23.93 on Friday. The company has a fifty day simple moving average of $22.78 and a 200-day simple moving average of $23.82. Kraft Heinz Company has a 12-month low of $21.03 and a 12-month high of $29.19. The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The stock has a market cap of $28.37 billion, a price-to-earnings ratio of -4.92 and a beta of 0.06.

Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.08. Kraft Heinz had a negative net margin of 23.05% and a positive return on equity of 7.26%. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.89 billion. During the same quarter in the prior year, the business posted $0.62 EPS. The company’s revenue for the quarter was up .8% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. On average, equities analysts forecast that Kraft Heinz Company will post 2.05 EPS for the current fiscal year.

Kraft Heinz Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 5th will be issued a $0.40 dividend. The ex-dividend date is Friday, June 5th. This represents a $1.60 annualized dividend and a dividend yield of 6.7%. Kraft Heinz’s dividend payout ratio is presently -32.92%.

Insider Activity

In other news, insider Cory Onell sold 9,045 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $24.61, for a total value of $222,597.45. Following the completion of the transaction, the insider owned 202,454 shares in the company, valued at approximately $4,982,392.94. This represents a 4.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.24% of the company’s stock.

Kraft Heinz 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.