34,157 Shares in Kraft Heinz Company $KHC Bought by Allstate Corp

Allstate Corp acquired a new stake in Kraft Heinz Company (NASDAQ:KHC) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 34,157 shares of the company’s stock, valued at approximately $889,000.

A number of other large investors also recently bought and sold shares of KHC. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Kraft Heinz by 4.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 157,482 shares of the company’s stock valued at $4,003,000 after acquiring an additional 6,346 shares in the last quarter. Maryland State Retirement & Pension System boosted its holdings in Kraft Heinz by 5.8% in the 3rd quarter. Maryland State Retirement & Pension System now owns 43,975 shares of the company’s stock valued at $1,145,000 after purchasing an additional 2,427 shares in the last quarter. Community Bank & Trust Waco Texas boosted its holdings in Kraft Heinz by 4.4% in the 3rd quarter. Community Bank & Trust Waco Texas now owns 74,852 shares of the company’s stock valued at $1,949,000 after purchasing an additional 3,142 shares in the last quarter. Ritholtz Wealth Management increased its position in Kraft Heinz by 194.7% during the 3rd quarter. Ritholtz Wealth Management now owns 48,745 shares of the company’s stock worth $1,269,000 after purchasing an additional 32,206 shares during the period. Finally, Jackson Hole Capital Partners LLC purchased a new position in shares of Kraft Heinz during the 3rd quarter worth approximately $255,000. Hedge funds and other institutional investors own 78.17% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on KHC. Zacks Research upgraded Kraft Heinz from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. BNP Paribas Exane lowered shares of Kraft Heinz from a “neutral” rating to an “underperform” rating and set a $22.00 target price on the stock. in a research report on Wednesday. Barclays cut their price target on shares of Kraft Heinz from $26.00 to $24.00 and set an “equal weight” rating for the company in a report on Thursday, October 30th. Sanford C. Bernstein reduced their price objective on shares of Kraft Heinz from $30.00 to $27.00 and set a “market perform” rating for the company in a research note on Tuesday, October 28th. Finally, Evercore ISI lowered their target price on shares of Kraft Heinz from $28.00 to $25.00 in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $26.16.

Insider Activity at Kraft Heinz

In related news, insider Miguel Patricio sold 125,000 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $24.82, for a total transaction of $3,102,500.00. Following the sale, the insider owned 686,817 shares of the company’s stock, valued at $17,046,797.94. This trade represents a 15.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.35% of the stock is currently owned by insiders.

Kraft Heinz Stock Down 5.7%

Shares of NASDAQ KHC opened at $22.40 on Thursday. The firm’s 50-day moving average is $24.37 and its two-hundred day moving average is $25.75. The company has a market capitalization of $26.51 billion, a PE ratio of -6.01 and a beta of 0.09. Kraft Heinz Company has a 12-month low of $21.99 and a 12-month high of $33.35. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.13 and a quick ratio of 0.73.

Kraft Heinz (NASDAQ:KHC) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. Kraft Heinz had a negative net margin of 17.35% and a positive return on equity of 7.26%. The business had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.27 billion. During the same period last year, the company posted $0.75 EPS. The company’s revenue was down 2.3% on a year-over-year basis. Kraft Heinz has set its FY 2025 guidance at 2.500-2.57 EPS. Equities analysts anticipate that Kraft Heinz Company will post 2.68 EPS for the current fiscal year.

Kraft Heinz Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, November 28th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 7.1%. The ex-dividend date was Friday, November 28th. Kraft Heinz’s dividend payout ratio is currently -42.90%.

More Kraft Heinz News

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

• Positive Sentiment: JPMorgan trimmed its price target to $24 but kept a “neutral” rating, implying modest upside from current levels and signaling some analyst support beneath the stock. JPMorgan adjusts price target on Kraft Heinz to $24 from $25; maintains neutral rating
• Neutral Sentiment: Kraft Heinz has scheduled its Q4 and full‑year 2025 results for Feb. 11, 2026 — an event that could create fresh catalysts (guidance, margins, share‑count updates) and short‑term volatility. The Kraft Heinz Company to Report Fourth Quarter and Full Year 2025 Results on Feb. 11, 2026
• Neutral Sentiment: Value investors and some research letters point to Kraft Heinz’s valuation and long‑term brand assets, but note near‑term growth worries are overshadowing that potential — suggesting any rebound may depend on convinced earnings and margin momentum. Market’s Near-Term Growth Worries Overshadow Value Potential of Kraft Heinz Co. (KHC)
• Negative Sentiment: Regulatory filings show Berkshire Hathaway may offer its entire ~27.5% stake for resale. The prospect of such a large block being sold (even over time) is the primary driver of the share weakness due to increased supply risk and investor uncertainty about eventual buyers or blocks trades. Berkshire may shed 27.5% Kraft Heinz stake, filing shows
• Negative Sentiment: Coverage highlights that Berkshire’s new leadership (Greg Abel) is weighing an exit; reports note Berkshire representatives resigned from Kraft Heinz’s board and the move follows a prior sizable writedown — increasing investor skepticism about the company’s strategic trajectory. Warren Buffett’s Successor Weighs Sale of Kraft Heinz Stake, Dealing a Blow to Ketchup Maker’s Stock

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.