Kraft Heinz Company $KHC Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. decreased its holdings in shares of Kraft Heinz Company (NASDAQ:KHC) by 70.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,777 shares of the company’s stock after selling 49,468 shares during the quarter. D.A. Davidson & CO.’s holdings in Kraft Heinz were worth $467,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jessup Wealth Management Inc acquired a new stake in Kraft Heinz in the 4th quarter valued at about $27,000. Reflection Asset Management acquired a new stake in shares of Kraft Heinz in the fourth quarter valued at approximately $28,000. DV Equities LLC purchased a new position in Kraft Heinz during the fourth quarter worth approximately $29,000. Key Capital Management INC purchased a new position in Kraft Heinz during the fourth quarter worth approximately $29,000. Finally, New England Capital Financial Advisors LLC boosted its stake in Kraft Heinz by 70.2% during the fourth quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock worth $30,000 after buying an additional 511 shares during the last quarter. 78.17% of the stock is owned by hedge funds and other institutional investors.

More Kraft Heinz News

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

• Positive Sentiment: Kraft Heinz announced a strategic alliance with Walt Disney spanning food service, media, events, and branded experiences, which could open new revenue and marketing opportunities and improve the company’s turnaround story. Article Title
• Positive Sentiment: Traders bought 74,729 call options on KHC, far above normal volume, suggesting rising speculation on further upside in the shares.
• Positive Sentiment: Coverage highlighting Kraft Heinz as an ideal LBO/take-private target may be supporting the stock by keeping deal speculation alive, especially given its beaten-down valuation profile. Article Title
• Neutral Sentiment: Analyst commentary on consumer staples names, including KHC, suggests the stock remains a debated value play rather than a clear consensus winner. Article Title
• Negative Sentiment: Recent market coverage noted that KHC had fallen in the prior session, reflecting ongoing investor caution around the company’s fundamentals and the broader consumer-staples backdrop. Article Title

Insiders Place Their Bets

In other Kraft Heinz news, insider Diana Frost sold 18,502 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $23.05, for a total transaction of $426,471.10. Following the transaction, the insider owned 102,667 shares in the company, valued at approximately $2,366,474.35. The trade was a 15.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on KHC. Weiss Ratings restated a “sell (d)” rating on shares of Kraft Heinz in a report on Friday, July 17th. Wells Fargo & Company boosted their price target on shares of Kraft Heinz from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Wall Street Zen raised shares of Kraft Heinz from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Kraft Heinz from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Thursday, May 7th. Finally, Piper Sandler lifted their target price on shares of Kraft Heinz from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $23.19.

Kraft Heinz Price Performance

Kraft Heinz stock opened at $25.67 on Friday. The stock has a market cap of $30.44 billion, a P/E ratio of -5.28 and a beta of 0.09. The company has a fifty day simple moving average of $24.16 and a 200-day simple moving average of $23.57. The company has a current ratio of 1.20, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. Kraft Heinz Company has a 12-month low of $21.03 and a 12-month high of $29.19.

Kraft Heinz (NASDAQ:KHC) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share for the quarter, beating 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 company had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.89 billion. During the same period last year, the firm earned $0.62 earnings per share. Kraft Heinz’s quarterly revenue was up .8% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Equities analysts expect that Kraft Heinz Company will post 2.07 EPS for the current fiscal year.

Kraft Heinz Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 5th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Friday, June 5th. Kraft Heinz’s payout ratio is currently -32.92%.

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.