Fox Run Management L.L.C. acquired a new position in Albertsons Companies, Inc. (NYSE:ACI – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 74,289 shares of the company’s stock, valued at approximately $1,276,000.
A number of other large investors have also modified their holdings of ACI. CWM LLC raised 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 worth $25,000 after purchasing an additional 730 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of Albertsons Companies by 185.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock worth $28,000 after purchasing an additional 1,057 shares during the last quarter. NBC Securities Inc. raised its position in shares of Albertsons Companies by 91.2% during the 4th quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after purchasing an additional 885 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Albertsons Companies by 172.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock worth $35,000 after purchasing an additional 1,306 shares during the last quarter. Finally, Elevation Wealth Partners LLC acquired a new position in shares of Albertsons Companies during the 4th quarter worth about $46,000. Institutional investors and hedge funds own 71.35% of the company’s stock.
Wall Street Analysts Forecast Growth
ACI has been the subject of several research analyst reports. Royal Bank Of Canada restated an “outperform” rating and set a $21.00 price target on shares of Albertsons Companies in a research report on Monday, April 6th. JPMorgan Chase & Co. reduced their price target on shares of Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating for the company in a research report on Wednesday, April 15th. UBS Group reduced their price target on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Weiss Ratings downgraded shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. Finally, Citigroup reduced their price target on shares of Albertsons Companies from $26.00 to $22.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $21.31.
Albertsons Companies Stock Down 2.9%
ACI stock opened at $15.68 on Wednesday. The company has a market cap of $7.75 billion, a price-to-earnings ratio of 48.98, a PEG ratio of 1.85 and a beta of 0.40. The company has a current ratio of 0.86, a quick ratio of 0.20 and a debt-to-equity ratio of 4.58. Albertsons Companies, Inc. has a 12 month low of $15.36 and a 12 month high of $22.78. The firm has a 50-day moving average of $16.56 and a two-hundred day moving average of $17.13.
Albertsons Companies (NYSE:ACI – Get Free Report) last released its quarterly earnings data on Tuesday, April 14th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The company had revenue of $20.25 billion during the quarter, compared to the consensus estimate of $20.49 billion. Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. Albertsons Companies’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 EPS. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. As a group, analysts forecast that Albertsons Companies, Inc. will post 2.11 earnings per share for the current fiscal year.
Albertsons Companies Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 24th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Friday, April 24th. This is a positive change from Albertsons Companies’s previous quarterly dividend of $0.15. Albertsons Companies’s payout ratio is currently 212.50%.
Albertsons Companies Profile
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.
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