Entropy Technologies LP Grows Position in Kraft Heinz Company $KHC

Entropy Technologies LP raised its stake in Kraft Heinz Company (NASDAQ:KHC) by 2,249.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 471,864 shares of the company’s stock after acquiring an additional 451,776 shares during the quarter. Entropy Technologies LP’s holdings in Kraft Heinz were worth $10,612,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Jessup Wealth Management Inc purchased a new stake in Kraft Heinz during the 4th quarter worth about $27,000. Reflection Asset Management purchased a new position in Kraft Heinz in the 4th quarter valued at about $28,000. DV Equities LLC purchased a new position in Kraft Heinz in the 4th quarter valued at about $29,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Kraft Heinz during the 1st quarter worth about $27,000. Finally, Key Capital Management INC purchased a new stake in shares of Kraft Heinz during the fourth quarter worth about $29,000. 78.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on KHC. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Kraft Heinz from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Thursday, May 7th. Piper Sandler lifted their target price on shares of Kraft Heinz from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. BTIG Research began coverage on Kraft Heinz in a report on Monday, April 13th. They issued a “neutral” rating for the company. Zacks Research raised Kraft Heinz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, BNP Paribas Exane raised their price objective on Kraft Heinz from $17.00 to $19.00 and gave the stock an “underperform” rating in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $23.19.

Kraft Heinz Trading Up 1.2%

Shares of KHC stock opened at $25.67 on Friday. The firm has a market cap of $30.44 billion, a P/E ratio of -5.28 and a beta of 0.09. Kraft Heinz Company has a 1-year low of $21.03 and a 1-year high of $29.19. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.20 and a quick ratio of 0.82. The firm’s 50-day simple moving average is $24.16 and its 200-day simple moving average is $23.57.

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

Kraft Heinz Announces Dividend

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

Key Stories Impacting Kraft Heinz

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

Insider Activity at Kraft Heinz

In related 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 value of $426,471.10. Following the transaction, the insider directly owned 102,667 shares of the company’s stock, valued at approximately $2,366,474.35. This trade represents a 15.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.24% of the stock is currently owned by insiders.

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.