Kraft Heinz (NASDAQ:KHC) Stock Gets Price Target Boost from Wells Fargo & Company

Kraft Heinz (NASDAQ:KHC) had its price target hoisted by stock analysts at Wells Fargo & Company from $23.00 to $24.00 in a report released on Thursday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price would indicate a potential downside of 2.62% from the stock’s previous close.

KHC has been the subject of a number of other research reports. JPMorgan Chase & Co. lowered their price objective on shares of Kraft Heinz from $24.00 to $23.00 and set an “underweight” rating for the company in a research report on Tuesday, October 20th. Evercore set a $24.00 target price on Kraft Heinz in a research report on Thursday, August 6th. Weiss Ratings lowered Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, August 6th. Royal Bank Of Canada restated an “outperform” rating and set a $32.00 price target on shares of Kraft Heinz in a research note on Thursday, September 24th. Finally, UBS Group restated a “neutral” rating on shares of Kraft Heinz in a research report on Thursday, October 15th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, Kraft Heinz has an average rating of “Reduce” and a consensus target price of $23.80.

Kraft Heinz Trading Down 2.7%

KHC traded down $0.68 on Thursday, hitting $24.64. The company had a trading volume of 16,030,528 shares, compared to its average volume of 15,780,060. The company’s fifty day moving average price is $24.01 and its 200 day moving average price is $23.92. Kraft Heinz has a 1 year low of $21.03 and a 1 year high of $28.09. The company has a current ratio of 1.06, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49. The firm has a market cap of $29.22 billion, a P/E ratio of -8.62, a PEG ratio of 2.99 and a beta of 0.12.

Kraft Heinz (NASDAQ:KHC) last announced its earnings results on Wednesday, November 4th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.11. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The company had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same quarter last year, the firm posted $0.61 earnings per share. Kraft Heinz’s revenue was down 2.0% compared to the same quarter last year. As a group, equities analysts expect that Kraft Heinz will post 2.06 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KHC. BlackRock Inc. acquired a new stake in Kraft Heinz during the 2nd quarter worth approximately $1,803,911,000. Pacer Advisors Inc. grew its stake in shares of Kraft Heinz by 7.3% in the first quarter. Pacer Advisors Inc. now owns 9,270,503 shares of the company’s stock worth $208,494,000 after acquiring an additional 633,645 shares in the last quarter. Nykredit A S purchased a new stake in shares of Kraft Heinz during the second quarter worth $181,408,000. Deutsche Bank AG purchased a new stake in shares of Kraft Heinz during the second quarter worth $179,876,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Kraft Heinz by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 7,944,618 shares of the company’s stock worth $178,663,000 after acquiring an additional 149,034 shares during the period. Institutional investors and hedge funds own 78.17% of the company’s stock.

Key Headlines Impacting Kraft Heinz

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

• Positive Sentiment: Kraft Heinz beat third-quarter earnings expectations and raised its 2026 earnings outlook. RBC also sees improving sales, market-share and volume trends as potential signs of a 2027 sales inflection. Kraft Heinz’s Improving Trends Point to 2027 Sales Inflection, RBC Says
• Positive Sentiment: The planned sale of its North American coffee business to One Rock is expected to generate about $650 million. Management intends to use proceeds to reduce debt and refocus on other brands, which could strengthen the balance sheet and sharpen its portfolio. Kraft Heinz to Sell Coffee Unit to Refocus on Other Brands
• Neutral Sentiment: Analyst views remain mixed: DBS reaffirmed a Hold rating, while Wells Fargo and UBS raised their price targets but retained neutral or equal-weight ratings. The cautious recommendations suggest limited conviction in near-term upside. DBS Reaffirms Their Hold Rating on Kraft Heinz
• Negative Sentiment: Management flagged persistent headwinds, including inflation above 5%, sluggish U.S. retail recovery and challenges in improving market share. These pressures could limit growth and offset the benefit of the earnings outlook increase. KHC Q3 Earnings Call Highlights Turnaround and Inflation Pressures
• Negative Sentiment: Dividend-focused coverage has highlighted payout safety concerns among food companies facing sales declines and debt burdens. Kraft Heinz’s declared quarterly dividend is $0.40 per share—an indicated annual yield of about 6.3%—but that high yield may also sharpen investor scrutiny of cash flow and debt. Kraft Heinz Battles Headwinds to Save Its Dividend

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