Kraft Heinz (NASDAQ:KHC) Releases FY 2026 Earnings Guidance

Kraft Heinz (NASDAQ:KHC) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.030-2.090 for the period, compared to the consensus EPS estimate of 2.060. The company issued revenue guidance of -.

Kraft Heinz Stock Performance

Shares of KHC traded up $0.30 during mid-day trading on Friday, hitting $25.27. 6,730,042 shares of the company’s stock were exchanged, compared to its average volume of 15,246,047. Kraft Heinz has a fifty-two week low of $21.03 and a fifty-two week high of $28.10. The firm has a market capitalization of $29.96 billion, a P/E ratio of -8.83 and a beta of 0.08. The business’s 50 day moving average is $24.62 and its two-hundred day moving average is $23.75. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.49.

Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.03. The firm had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.18 billion. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%.The business’s revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the company posted $0.69 earnings per share. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. On average, equities analysts expect that Kraft Heinz will post 2.06 earnings per share for the current year.

Kraft Heinz Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, September 4th. Kraft Heinz’s dividend payout ratio is -32.92%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wells Fargo & Company increased their price target on Kraft Heinz from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Sanford C. Bernstein cut shares of Kraft Heinz from a “market perform” rating to an “underperform” rating and dropped their price objective for the company from $25.00 to $21.00 in a research note on Wednesday, June 3rd. BTIG Research initiated coverage on shares of Kraft Heinz in a research report on Monday, April 13th. They set a “neutral” rating for the company. Morgan Stanley set a $22.00 target price on shares of Kraft Heinz in a research note on Thursday, April 23rd. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kraft Heinz in a report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $23.62.

Insider Activity

In other news, insider Diana Frost sold 18,502 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $23.05, for a total transaction of $426,471.10. Following the completion of the transaction, the insider directly owned 102,667 shares of the company’s stock, valued at $2,366,474.35. This trade represents a 15.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.24% of the stock is owned by company insiders.

Key Kraft Heinz News

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

• Positive Sentiment: Quarterly results exceeded expectations. Kraft Heinz reported second-quarter revenue of $6.26 billion and adjusted EPS of $0.56, beating estimates of $6.18 billion and $0.53, respectively. Management maintained 2026 EPS guidance of $2.03–$2.09. Kraft Heinz Q2 Earnings Beat Estimates Despite Organic Sales Dip
• Positive Sentiment: Early signs of a turnaround are supporting investor optimism. The company said consumption trends and market share are improving, with share losses narrowing to 30 basis points. Kraft Heinz plans to add $100 million in second-half marketing and innovation spending to support volume-led growth in 2027. KHC Q2 Earnings Call Raises Brand Spending on Early Traction
• Positive Sentiment: Credit sentiment improved. JPMorgan upgraded Kraft Heinz’s credit outlook to Overweight, citing better results, disciplined balance-sheet management, deleveraging and confidence that the company can fund brand investments while controlling leverage. JPMorgan upgrades Kraft Heinz credit to Overweight on deleveraging outlook
• Neutral Sentiment: The dividend remains a major income appeal but also a risk focus. Kraft Heinz declared a regular quarterly dividend of $0.40 per share, representing an indicated yield of roughly 6.4%. Analysts caution that the high yield reflects the stock’s depressed valuation and could resemble a “yield trap” if the turnaround falters. 3 Big Dividends and One Case Study in How a Yield Trap Ends
• Neutral Sentiment: Unusual options activity indicated speculative bullish interest. A large bull call spread represented most of the volume in two active call options, suggesting that at least one trader is positioning for upside with defined risk. Unusual Options Activity
• Negative Sentiment: A $7.4 billion goodwill and intangible-asset impairment produced a $5.46 billion net loss. Although largely noncash, the charge highlights weaker brand valuations and was a significant source of investor concern. Kraft Heinz Is Down 6.8% After Massive Impairment-Fueled Loss
• Negative Sentiment: Organic sales and volumes remain under pressure. Revenue declined 1.4% year over year, while inflation, rising brand spending and the expectation that 2026 will be a margin trough year temper enthusiasm over the earnings beat. Kraft Heinz Stock Falls as Better Sales Meet $7.4 Billion Charge

Hedge Funds Weigh In On Kraft Heinz

A number of institutional investors have recently made changes to their positions in the stock. Invesco Ltd. raised its position in shares of Kraft Heinz by 10.5% in the 4th quarter. Invesco Ltd. now owns 19,725,662 shares of the company’s stock worth $478,347,000 after buying an additional 1,870,310 shares during the period. Ameriprise Financial Inc. grew its position in Kraft Heinz by 112.2% during the third quarter. Ameriprise Financial Inc. now owns 2,491,597 shares of the company’s stock valued at $64,872,000 after acquiring an additional 1,317,201 shares during the period. Amundi increased its stake in Kraft Heinz by 25.7% during the fourth quarter. Amundi now owns 4,387,962 shares of the company’s stock worth $106,407,000 after acquiring an additional 898,486 shares during the last quarter. Victory Capital Management Inc. increased its stake in Kraft Heinz by 27.0% during the fourth quarter. Victory Capital Management Inc. now owns 3,587,927 shares of the company’s stock worth $87,007,000 after acquiring an additional 761,775 shares during the last quarter. Finally, Danske Bank A S purchased a new position in shares of Kraft Heinz in the 3rd quarter worth about $16,634,000. 78.17% of the stock is owned by institutional investors and hedge funds.

Kraft Heinz Company 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.