Kraft Heinz (NASDAQ:KHC) Cut to “Strong Sell” at Zacks Research

Zacks Research cut shares of Kraft Heinz (NASDAQ:KHCFree Report) from a hold rating to a strong sell rating in a report released on Thursday morning,Zacks.com reports. Zacks Research also issued estimates for Kraft Heinz’s Q4 2025 earnings at $0.61 EPS, FY2025 earnings at $2.53 EPS, Q1 2026 earnings at $0.62 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.63 EPS, FY2026 earnings at $2.54 EPS, Q1 2027 earnings at $0.64 EPS, Q2 2027 earnings at $0.69 EPS, Q3 2027 earnings at $0.62 EPS and FY2027 earnings at $2.61 EPS.

KHC has been the topic of several other reports. Weiss Ratings restated a “sell (d)” rating on shares of Kraft Heinz in a research report on Wednesday, October 8th. DZ Bank raised Kraft Heinz from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 19th. Sanford C. Bernstein reduced their target price on shares of Kraft Heinz from $30.00 to $27.00 and set a “market perform” rating on the stock in a research report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Kraft Heinz from $27.00 to $26.00 in a research note on Thursday, October 30th. Finally, BNP Paribas Exane cut their price objective on shares of Kraft Heinz from $29.00 to $26.00 in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $26.58.

Read Our Latest Analysis on KHC

Kraft Heinz Trading Down 0.4%

Shares of KHC opened at $24.85 on Thursday. Kraft Heinz has a 1-year low of $23.70 and a 1-year high of $33.35. The company has a current ratio of 1.13, a quick ratio of 0.66 and a debt-to-equity ratio of 0.46. The firm’s 50-day moving average price is $25.47 and its 200-day moving average price is $26.61. The firm has a market capitalization of $29.41 billion, a price-to-earnings ratio of -6.66, a PEG ratio of 2.88 and a beta of 0.16.

Kraft Heinz (NASDAQ:KHCGet Free Report) last issued its quarterly earnings data on Friday, July 8th. The company reported $0.72 EPS for the quarter. Kraft Heinz had a negative net margin of 17.35% and a positive return on equity of 7.26%. The business had revenue of $6.39 billion during the quarter. Sell-side analysts anticipate that Kraft Heinz will post 2.68 EPS for the current year.

Kraft Heinz Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Friday, November 28th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Friday, November 28th. Kraft Heinz’s dividend payout ratio (DPR) is -42.90%.

Institutional Trading of Kraft Heinz

Large investors have recently added to or reduced their stakes in the business. Larson Financial Group LLC boosted its position in shares of Kraft Heinz by 52.6% in the first quarter. Larson Financial Group LLC now owns 1,558 shares of the company’s stock worth $47,000 after purchasing an additional 537 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Kraft Heinz by 5.3% during the 1st quarter. Victory Capital Management Inc. now owns 1,628,990 shares of the company’s stock valued at $49,570,000 after buying an additional 82,222 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in Kraft Heinz by 11.6% in the 1st quarter. Kingsview Wealth Management LLC now owns 16,054 shares of the company’s stock worth $489,000 after buying an additional 1,663 shares during the period. Hussman Strategic Advisors Inc. increased its stake in Kraft Heinz by 100.0% in the 1st quarter. Hussman Strategic Advisors Inc. now owns 42,000 shares of the company’s stock worth $1,278,000 after buying an additional 21,000 shares in the last quarter. Finally, AMG National Trust Bank raised its holdings in Kraft Heinz by 13.3% during the first quarter. AMG National Trust Bank now owns 24,423 shares of the company’s stock valued at $743,000 after acquiring an additional 2,870 shares during the period. 78.17% of the stock is currently owned by institutional investors.

Kraft Heinz Company Profile

(Get Free Report)

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.

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