Analysts Set Kraft Heinz Company (NASDAQ:KHC) PT at $23.12

Kraft Heinz Company (NASDAQ:KHC) has been given an average recommendation of “Reduce” by the nineteen research firms that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $23.1875.

A number of brokerages have weighed in on KHC. Deutsche Bank Aktiengesellschaft boosted their target price on Kraft Heinz from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Thursday, May 7th. Sanford C. Bernstein downgraded shares of Kraft Heinz from a “market perform” rating to an “underperform” rating and dropped their price target for the company from $25.00 to $21.00 in a report on Wednesday, June 3rd. Jefferies Financial Group reduced their price target on shares of Kraft Heinz from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Piper Sandler boosted their price objective on shares of Kraft Heinz from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Finally, Wells Fargo & Company increased their price objective on shares of Kraft Heinz from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th.

Kraft Heinz News Roundup

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

• Positive Sentiment: Kraft Heinz announced a strategic alliance with Walt Disney spanning food service, media, events, and branded experiences, which could open new revenue and marketing opportunities and improve the company’s turnaround story. Article Title
• Positive Sentiment: Traders bought 74,729 call options on KHC, far above normal volume, suggesting rising speculation on further upside in the shares.
• Positive Sentiment: Coverage highlighting Kraft Heinz as an ideal LBO/take-private target may be supporting the stock by keeping deal speculation alive, especially given its beaten-down valuation profile. Article Title
• Neutral Sentiment: Analyst commentary on consumer staples names, including KHC, suggests the stock remains a debated value play rather than a clear consensus winner. Article Title
• Negative Sentiment: Recent market coverage noted that KHC had fallen in the prior session, reflecting ongoing investor caution around the company’s fundamentals and the broader consumer-staples backdrop. Article Title

Kraft Heinz Stock Up 1.2%

Kraft Heinz stock opened at $25.67 on Thursday. Kraft Heinz has a 12 month low of $21.03 and a 12 month high of $29.19. The stock has a fifty day simple moving average of $24.16 and a two-hundred day simple moving average of $23.57. The company has a current ratio of 1.20, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. The firm has a market cap of $30.44 billion, a price-to-earnings ratio of -5.28 and a beta of 0.09.

Kraft Heinz (NASDAQ:KHC) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.08. Kraft Heinz had a positive return on equity of 7.26% and a negative net margin of 23.05%.The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.89 billion. During the same period in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Equities analysts predict that Kraft Heinz will post 2.07 EPS for the current fiscal year.

Kraft Heinz Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 5th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, June 5th. This represents a $1.60 dividend on an annualized basis and a yield of 6.2%. Kraft Heinz’s payout ratio is currently -32.92%.

Insider Buying and Selling at Kraft Heinz

In other 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 transaction of $426,471.10. Following the transaction, the insider directly owned 102,667 shares of the company’s stock, valued at $2,366,474.35. This represents a 15.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.24% of the stock is owned by insiders.

Institutional Trading of Kraft Heinz

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Kraft Heinz by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 102,933,219 shares of the company’s stock worth $2,496,131,000 after purchasing an additional 616,283 shares during the last quarter. Invesco Ltd. increased its position in shares of Kraft Heinz by 10.5% during the 4th quarter. Invesco Ltd. now owns 19,725,662 shares of the company’s stock valued at $478,347,000 after purchasing an additional 1,870,310 shares during the last quarter. Auto Owners Insurance Co increased its position in shares of Kraft Heinz by 3,034.1% during the 4th quarter. Auto Owners Insurance Co now owns 16,477,002 shares of the company’s stock valued at $39,957,000 after purchasing an additional 15,951,271 shares during the last quarter. Norges Bank bought a new position in shares of Kraft Heinz in the 4th quarter worth approximately $332,382,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Kraft Heinz by 3.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,893,686 shares of the company’s stock worth $239,922,000 after purchasing an additional 341,197 shares during the period. Institutional investors own 78.17% of the company’s stock.

About Kraft Heinz

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.