Generali Asset Management SPA SGR Buys 32,731 Shares of Kraft Heinz Company $KHC

Generali Asset Management SPA SGR boosted its stake in shares of Kraft Heinz Company (NASDAQ:KHC) by 40.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 113,991 shares of the company’s stock after purchasing an additional 32,731 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Kraft Heinz were worth $2,764,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust boosted its position in Kraft Heinz by 15.5% during the third quarter. Parkside Financial Bank & Trust now owns 3,219 shares of the company’s stock valued at $84,000 after purchasing an additional 431 shares in the last quarter. V Square Quantitative Management LLC raised its stake in Kraft Heinz by 3.2% in the fourth quarter. V Square Quantitative Management LLC now owns 14,892 shares of the company’s stock valued at $361,000 after buying an additional 458 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Kraft Heinz by 13.4% in the third quarter. Hantz Financial Services Inc. now owns 3,894 shares of the company’s stock valued at $101,000 after buying an additional 460 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its stake in Kraft Heinz by 1.7% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 29,623 shares of the company’s stock valued at $718,000 after buying an additional 490 shares during the last quarter. Finally, Barrett & Company Inc. raised its stake in Kraft Heinz by 22.7% in the third quarter. Barrett & Company Inc. now owns 2,700 shares of the company’s stock valued at $70,000 after buying an additional 500 shares during the last quarter. Institutional investors own 78.17% of the company’s stock.

Insider Activity at Kraft Heinz

In other news, insider Cory Onell sold 4,991 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $24.34, for a total value of $121,480.94. Following the sale, the insider owned 197,463 shares in the company, valued at $4,806,249.42. This represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.24% of the stock is owned by insiders.

Kraft Heinz Stock Up 1.2%

Shares of KHC stock opened at $23.93 on Friday. The stock’s 50-day simple moving average is $22.78 and its 200-day simple moving average is $23.82. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 1.20. The firm has a market capitalization of $28.37 billion, a PE ratio of -4.92 and a beta of 0.06. Kraft Heinz Company has a fifty-two week low of $21.03 and a fifty-two week high of $29.19.

Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Wednesday, May 6th. The company reported $0.58 EPS for the quarter, topping 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 quarter in the prior year, the business earned $0.62 earnings per share. The company’s revenue was up .8% compared to the same quarter last year. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Equities analysts expect that Kraft Heinz Company will post 2.06 earnings per share for the current year.

Kraft Heinz Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 5th will be paid a $0.40 dividend. The ex-dividend date is Friday, June 5th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.7%. 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 reported better-than-expected Q1 sales and analysts have been raising attention around the improving turnaround story, suggesting early traction in its core brands. Article Title
• Positive Sentiment: The company is boosting marketing spending, launching new products like upgraded Kraft Mac & Cheese and Ore-Ida Tater Tots, and signing a five-year NFL sponsorship deal, all of which could help brand visibility and sales. Article Title
• Positive Sentiment: Kraft Heinz launched a $1.1 billion debt tender offer, a move that may improve balance-sheet flexibility and support the company’s broader restructuring efforts. Article Title
• Neutral Sentiment: Management is talking more openly about inflation pressure and lower-income consumers running out of room on spending, which explains why Kraft Heinz is leaning hard into value pricing. Article Title
• Negative Sentiment: BNP Paribas Exane lowered its price target on Kraft Heinz, which could temper enthusiasm despite the recent operational improvements. Article Title

Wall Street Analyst Weigh In

A number of equities research analysts have commented on KHC shares. JPMorgan Chase & Co. decreased their price target on Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating for the company in a research note on Wednesday, March 25th. Evercore decreased their price target on Kraft Heinz from $25.00 to $22.00 in a research note on Thursday, February 12th. Wells Fargo & Company decreased their price target on Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft increased their price target on Kraft Heinz from $20.00 to $22.00 and gave the company a “hold” rating in a research note on Thursday. Finally, Mizuho decreased their price target on Kraft Heinz from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $23.06.

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.