140,547 Shares in Kraft Heinz Company $KHC Purchased by Leelyn Smith LLC

Leelyn Smith LLC purchased a new stake in shares of Kraft Heinz Company (NASDAQ:KHC – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 140,547 shares of the company’s stock, valued at approximately $3,193,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Alyeska Investment Group L.P. acquired a new position in shares of Kraft Heinz in the second quarter valued at approximately $1,968,000. Gradient Investments LLC increased its stake in shares of Kraft Heinz by 11.8% during the third quarter. Gradient Investments LLC now owns 667,877 shares of the company’s stock worth $15,174,000 after purchasing an additional 70,534 shares during the period. OMERS ADMINISTRATION Corp bought a new position in shares of Kraft Heinz during the second quarter worth approximately $1,076,000. The Manufacturers Life Insurance Company lifted its holdings in Kraft Heinz by 11.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 561,627 shares of the company’s stock worth $13,266,000 after purchasing an additional 57,092 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC lifted its holdings in Kraft Heinz by 70.2% during the 2nd quarter. Franklin Street Advisors Inc. NC now owns 994,375 shares of the company’s stock worth $23,487,000 after purchasing an additional 410,029 shares during the last quarter. 78.17% of the stock is currently owned by institutional investors.

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

Wall Street Analyst Weigh In

KHC has been the subject of several recent research reports. UBS Group boosted their price target on Kraft Heinz from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday. Piper Sandler increased their price objective on Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Wall Street Zen downgraded Kraft Heinz from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings cut shares of Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, August 6th. Finally, TD Cowen reissued a “hold” rating and issued a $22.00 target price on shares of Kraft Heinz in a research report on Tuesday, September 22nd. One analyst has rated the stock with a Buy rating, ten have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $23.80.

Get Our Latest Stock Analysis on KHC

Kraft Heinz Stock Down 2.7%

Shares of KHC opened at $24.64 on Friday. Kraft Heinz Company has a 12 month low of $21.03 and a 12 month high of $28.09. The firm’s 50 day moving average is $24.01 and its 200-day moving average is $23.92. The stock has a market capitalization of $29.18 billion, a PE ratio of -8.62, a P/E/G ratio of 2.99 and a beta of 0.12. The company has a current ratio of 1.06, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49.

Kraft Heinz (NASDAQ:KHC – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.11. The business had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.09 billion. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%. The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.61 earnings per share. Equities research analysts forecast that Kraft Heinz Company will post 2.06 EPS for the current year.

Kraft Heinz Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 23rd. Shareholders of record on Friday, December 4th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Friday, December 4th. Kraft Heinz’s dividend payout ratio (DPR) is -54.79%.

Kraft Heinz Company Profile

(Free Report)

See Also

Institutional Ownership by Quarter for Kraft Heinz (NASDAQ:KHC)

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