Albertsons Companies (NYSE:ACI) Given New $16.00 Price Target at The Goldman Sachs Group

Albertsons Companies (NYSE:ACI) had its target price cut by The Goldman Sachs Group from $24.00 to $16.00 in a research note published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings lowered shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 29th. Barclays dropped their price target on shares of Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating for the company in a research note on Friday. Wells Fargo & Company cut Albertsons Companies from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $18.00 to $11.00 in a research note on Thursday. Citigroup decreased their target price on Albertsons Companies from $22.00 to $17.00 and set a “buy” rating for the company in a report on Monday, June 29th. Finally, BMO Capital Markets cut Albertsons Companies from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $23.00 to $12.00 in a research note on Friday. Seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $16.38.

Albertsons Companies Stock Performance

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

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

Albertsons Companies Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Friday, July 24th. Albertsons Companies’s payout ratio is presently 850.00%.

Institutional Trading of Albertsons Companies

A number of large investors have recently bought and sold shares of ACI. CWM LLC increased its position in Albertsons Companies by 103.5% in the 4th quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 730 shares during the period. NBC Securities Inc. lifted its position in 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 acquiring an additional 885 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Albertsons Companies by 172.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock valued at $35,000 after purchasing an additional 1,306 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Albertsons Companies by 64.5% in the third quarter. Allworth Financial LP now owns 2,799 shares of the company’s stock valued at $49,000 after purchasing an additional 1,097 shares during the period. Finally, Versant Capital Management Inc increased its holdings in shares of Albertsons Companies by 2,406.4% in the second quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock valued at $69,000 after purchasing an additional 4,909 shares during the period. Institutional investors and hedge funds own 71.35% of the company’s stock.

Key Stories 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.