Barclays Cuts Albertsons Companies (NYSE:ACI) Price Target to $12.00

Albertsons Companies (NYSE:ACI) had its price objective cut by Barclays from $17.00 to $12.00 in a report published on Friday morning,Benzinga reports. They currently have an underweight rating on the stock.

ACI has been the topic of a number of other reports. Wells Fargo & Company downgraded Albertsons Companies from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $18.00 to $11.00 in a report on Thursday. Citigroup dropped their price objective on Albertsons Companies from $22.00 to $17.00 and set a “buy” rating on the stock in a research report on Monday, June 29th. BMO Capital Markets lowered Albertsons Companies from an “outperform” rating to a “market perform” rating and cut their target price for the company from $23.00 to $12.00 in a research note on Friday. Royal Bank Of Canada cut their target price on Albertsons Companies from $20.00 to $13.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, JPMorgan Chase & Co. reduced their target price on shares of Albertsons Companies from $22.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, June 30th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $16.38.

Albertsons Companies Price Performance

Shares of ACI opened at $10.99 on Friday. The company has a debt-to-equity ratio of 5.22, a quick ratio of 0.21 and a current ratio of 0.84. The company has a 50 day moving average price of $14.83 and a 200-day moving average price of $16.35. Albertsons Companies has a fifty-two week low of $10.86 and a fifty-two week high of $20.47. The stock has a market capitalization of $5.39 billion, a PE ratio of 137.44, a PEG ratio of 1.17 and a beta of 0.42.

Albertsons Companies (NYSE:ACI) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.12). The business had revenue of $24.94 billion for the quarter, compared to analysts’ expectations of $24.84 billion. Albertsons Companies had a net margin of 0.08% and a return on equity of 45.59%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.55 earnings per share. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Equities analysts predict that Albertsons Companies will post 2.11 earnings per share for the current fiscal year.

Albertsons Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, July 24th. Albertsons Companies’s dividend payout ratio is currently 850.00%.

Institutional Investors Weigh In On Albertsons Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CWM LLC boosted its holdings in Albertsons Companies by 103.5% in the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 730 shares in the last quarter. NBC Securities Inc. increased its holdings in shares of Albertsons Companies by 91.2% during the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock valued at $32,000 after acquiring an additional 885 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Albertsons Companies by 172.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock valued at $35,000 after acquiring an additional 1,306 shares in the last quarter. Allworth Financial LP raised its position in shares of Albertsons Companies by 64.5% in the 3rd quarter. Allworth Financial LP now owns 2,799 shares of the company’s stock valued at $49,000 after purchasing an additional 1,097 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in shares of Albertsons Companies by 2,406.4% in the 2nd quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock valued at $69,000 after purchasing an additional 4,909 shares during the last quarter. 71.35% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Albertsons Companies

Here are the key news stories impacting Albertsons Companies this week:

• Neutral Sentiment: Albertsons delivered first-quarter EPS of $0.42, missing expectations, while revenue of $24.94 billion was slightly ahead of estimates. The company also highlighted continued growth in digital and pharmacy, but core grocery sales showed pressure.
• Negative Sentiment: Management cut fiscal 2026 guidance, now projecting adjusted EPS of $1.75-$1.85 and lower sales growth, citing cautious consumers and weaker grocery spending. The company also signaled fiscal 2026 adjusted EBITDA of $3.55 billion-$3.625 billion, alongside $200 million in expected ACI Edge run-rate benefits as it pushes a turnaround plan. Albertsons Companies, Inc. Reports First Quarter Fiscal 2026 Results
• Negative Sentiment: Albertsons warned that consumers are pulling back on grocery spending, and multiple reports described softer same-store grocery demand as the main reason for the stock decline. Albertsons warns of softer grocery demand as consumers pull back
• Negative Sentiment: Several brokerages reduced price targets after the results, including Goldman Sachs to $16, JPMorgan to $14, Barclays to $12, RBC to $13, Telsey to $13, and Wells Fargo to $11, reflecting more cautious expectations for near-term performance.

About Albertsons Companies

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.