Albertsons Companies (NYSE:ACI) Given New $13.00 Price Target at Royal Bank Of Canada

Albertsons Companies (NYSE:ACI) had its price target decreased by Royal Bank Of Canada from $20.00 to $13.00 in a research report report published on Friday,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

A number of other equities analysts have also weighed in on ACI. JPMorgan Chase & Co. dropped their price objective on Albertsons Companies from $22.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, June 30th. UBS Group lowered their price target on Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Wells Fargo & Company lowered shares of Albertsons Companies from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $18.00 to $11.00 in a report on Thursday. Telsey Advisory Group reiterated a “market perform” rating and set a $13.00 price objective (down from $22.00) on shares of Albertsons Companies in a research report on Friday. Finally, Citigroup dropped their target price on shares of Albertsons Companies from $22.00 to $17.00 and set a “buy” rating for the company in a research report on Monday, June 29th. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $16.38.

Albertsons Companies Stock Performance

ACI opened at $10.99 on Friday. The firm has a market cap of $5.39 billion, a P/E ratio of 137.44, a PEG ratio of 1.21 and a beta of 0.42. Albertsons Companies has a 1-year low of $10.86 and a 1-year high of $20.47. The company has a 50 day simple moving average of $14.83 and a two-hundred day simple moving average of $16.36. The company has a debt-to-equity ratio of 5.22, a current ratio of 0.84 and a quick ratio of 0.20.

Albertsons Companies (NYSE:ACI) last released its earnings results on Thursday, July 23rd. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). The firm had revenue of $24.94 billion for the quarter, compared to analysts’ expectations of $24.84 billion. Albertsons Companies had a net margin of 0.08% and a return on equity of 45.59%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.55 EPS. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Equities analysts forecast that Albertsons Companies will post 2.11 earnings per share for the current fiscal year.

Albertsons Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Friday, July 24th. Albertsons Companies’s dividend payout ratio (DPR) is 850.00%.

Hedge Funds Weigh In On Albertsons Companies

Hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Albertsons Companies in the fourth quarter worth about $388,089,000. Morgan Stanley raised its holdings in shares of Albertsons Companies by 101.0% in the fourth quarter. Morgan Stanley now owns 11,687,694 shares of the company’s stock worth $200,678,000 after buying an additional 5,873,759 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Albertsons Companies by 62.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 13,429,784 shares of the company’s stock worth $230,595,000 after buying an additional 5,159,905 shares during the period. Vanguard Group Inc. lifted its stake in shares of Albertsons Companies by 14.9% during the 4th quarter. Vanguard Group Inc. now owns 39,330,507 shares of the company’s stock worth $675,305,000 after acquiring an additional 5,110,777 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Albertsons Companies by 113.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,749,331 shares of the company’s stock worth $81,546,000 after acquiring an additional 2,519,432 shares during the last quarter. 71.35% of the stock is currently owned by institutional investors.

Key Headlines Impacting Albertsons Companies

Here are the key news stories impacting Albertsons Companies this week:

• Neutral Sentiment: Albertsons delivered first-quarter EPS of $0.42, missing expectations, while revenue of $24.94 billion was slightly ahead of estimates. The company also highlighted continued growth in digital and pharmacy, but core grocery sales showed pressure.
• Negative Sentiment: Management cut fiscal 2026 guidance, now projecting adjusted EPS of $1.75-$1.85 and lower sales growth, citing cautious consumers and weaker grocery spending. The company also signaled fiscal 2026 adjusted EBITDA of $3.55 billion-$3.625 billion, alongside $200 million in expected ACI Edge run-rate benefits as it pushes a turnaround plan. Albertsons Companies, Inc. Reports First Quarter Fiscal 2026 Results
• Negative Sentiment: Albertsons warned that consumers are pulling back on grocery spending, and multiple reports described softer same-store grocery demand as the main reason for the stock decline. Albertsons warns of softer grocery demand as consumers pull back
• Negative Sentiment: Several brokerages reduced price targets after the results, including Goldman Sachs to $16, JPMorgan to $14, Barclays to $12, RBC to $13, Telsey to $13, and Wells Fargo to $11, reflecting more cautious expectations for near-term performance.

About Albertsons Companies

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.