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

Kraft Heinz (NASDAQ:KHC) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.980-2.100 for the period, compared to the consensus earnings per share estimate of 2.510. The company issued revenue guidance of -.

Kraft Heinz Stock Up 1.6%

KHC stock opened at $24.98 on Wednesday. The company has a market cap of $29.57 billion, a price-to-earnings ratio of -6.70 and a beta of 0.08. Kraft Heinz has a twelve month low of $21.99 and a twelve month high of $33.35. The business has a 50 day moving average price of $24.00 and a two-hundred day moving average price of $25.37. The company has a quick ratio of 0.73, a current ratio of 1.13 and a debt-to-equity ratio of 0.46.

Kraft Heinz (NASDAQ:KHC) last released its earnings results on Wednesday, February 11th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. Kraft Heinz had a negative net margin of 17.35% and a positive return on equity of 7.26%. The business had revenue of $6.35 billion during the quarter, compared to analysts’ expectations of $6.38 billion. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Analysts anticipate that Kraft Heinz will post 2.68 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

KHC has been the subject of several recent analyst reports. Morgan Stanley cut their target price on shares of Kraft Heinz from $28.00 to $27.00 and set an “equal weight” rating for the company in a research note on Thursday, October 30th. Evercore dropped their price objective on Kraft Heinz from $28.00 to $25.00 in a research note on Friday, January 9th. HSBC reduced their target price on Kraft Heinz from $29.00 to $27.00 in a research note on Thursday, October 30th. Zacks Research raised Kraft Heinz from a “strong sell” rating to a “hold” rating in a report on Thursday, January 1st. Finally, UBS Group reaffirmed a “neutral” rating on shares of Kraft Heinz in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $26.16.

Insiders Place Their Bets

In other Kraft Heinz news, insider Miguel Patricio sold 125,000 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $24.82, for a total transaction of $3,102,500.00. Following the transaction, the insider owned 686,817 shares in the company, valued at $17,046,797.94. This represents a 15.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.35% of the stock is owned by insiders.

Hedge Funds Weigh In On Kraft Heinz

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC acquired a new position in Kraft Heinz during the 1st quarter worth approximately $207,000. Woodline Partners LP grew its stake in shares of Kraft Heinz by 39.0% during the first quarter. Woodline Partners LP now owns 73,700 shares of the company’s stock worth $2,243,000 after buying an additional 20,690 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Kraft Heinz by 16.6% during the second quarter. NewEdge Advisors LLC now owns 51,222 shares of the company’s stock worth $1,323,000 after buying an additional 7,307 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Kraft Heinz by 0.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 522,147 shares of the company’s stock valued at $13,482,000 after acquiring an additional 4,003 shares during the last quarter. Finally, HUB Investment Partners LLC acquired a new stake in shares of Kraft Heinz during the 2nd quarter valued at $207,000. 78.17% of the stock is owned by institutional investors and hedge funds.

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.