E. Ohman J or Asset Management AB Has $31.41 Million Stake in Albertsons Companies, Inc. $ACI

E. Ohman J or Asset Management AB lifted its holdings in Albertsons Companies, Inc. (NYSE:ACI) by 14.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,321,294 shares of the company’s stock after acquiring an additional 285,280 shares during the period. E. Ohman J or Asset Management AB’s holdings in Albertsons Companies were worth $31,407,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC boosted its position in shares of Albertsons Companies by 103.5% during the 4th quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 730 shares in the last quarter. NBC Securities Inc. increased its holdings in Albertsons Companies by 91.2% in the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after purchasing an additional 885 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Albertsons Companies by 172.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock valued at $35,000 after buying an additional 1,306 shares during the period. Versant Capital Management Inc lifted its stake in Albertsons Companies by 2,406.4% in the second quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock valued at $69,000 after buying an additional 4,909 shares during the period. Finally, Fifth Third Bancorp boosted its holdings in shares of Albertsons Companies by 44.2% during the 4th quarter. Fifth Third Bancorp now owns 4,412 shares of the company’s stock worth $76,000 after buying an additional 1,353 shares in the last quarter. 71.35% of the stock is owned by institutional investors and hedge funds.

Albertsons Companies Trading Up 1.1%

NYSE:ACI opened at $12.14 on Tuesday. 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 firm has a market cap of $5.89 billion, a price-to-earnings ratio of 151.75, a price-to-earnings-growth ratio of 2.06 and a beta of 0.42. The firm has a 50-day moving average price of $13.86 and a two-hundred day moving average price of $15.94. Albertsons Companies, Inc. has a 52 week low of $10.86 and a 52 week high of $20.00.

Albertsons Companies (NYSE:ACI) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). Albertsons Companies had a return on equity of 45.59% and a net margin of 0.08%.The business had revenue of $24.94 billion for the quarter, compared to the consensus estimate of $24.84 billion. During the same quarter last year, the business posted $0.55 earnings per share. The business’s revenue was up .2% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. On average, equities analysts expect that Albertsons Companies, Inc. will post 1.64 earnings per share for the current fiscal year.

Albertsons Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date was Friday, July 24th. Albertsons Companies’s payout ratio is presently 850.00%.

Insider Buying and Selling

In related news, CEO Susan Morris acquired 39,409 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was acquired at an average price of $11.42 per share, for a total transaction of $450,050.78. Following the completion of the acquisition, the chief executive officer owned 1,092,956 shares of the company’s stock, valued at approximately $12,481,557.52. This represents a 3.74% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sharon Mccollam acquired 9,000 shares of the stock in a transaction on Friday, July 31st. The stock was bought at an average cost of $11.48 per share, for a total transaction of $103,320.00. Following the transaction, the chief financial officer owned 567,051 shares of the company’s stock, valued at approximately $6,509,745.48. This trade represents a 1.61% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have purchased 218,909 shares of company stock valued at $2,515,826. 1.18% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Albertsons Companies from $20.00 to $14.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Barclays cut their target price on shares of Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating on the stock in a research note on Friday, July 24th. Weiss Ratings cut shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 29th. The Goldman Sachs Group decreased their price target on shares of Albertsons Companies from $24.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $13.00 price objective (down from $22.00) on shares of Albertsons Companies in a report on Friday, July 24th. Five research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Albertsons Companies presently has a consensus rating of “Hold” and a consensus price target of $15.31.

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.