Telsey Advisory Group reissued their market perform rating on shares of Albertsons Companies (NYSE:ACI – Free Report) in a report released on Friday, MarketBeat.com reports. Telsey Advisory Group currently has a $13.00 price target on the stock, down from their previous price target of $22.00.
Several other research analysts also recently commented on ACI. UBS Group reduced their price objective on Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Royal Bank Of Canada restated an “outperform” rating and set a $21.00 price target on shares of Albertsons Companies in a research note on Monday, April 6th. Citigroup lowered their price objective on shares of Albertsons Companies from $22.00 to $17.00 and set a “buy” rating for the company in a research note on Monday, June 29th. BMO Capital Markets downgraded shares of Albertsons Companies from an “outperform” rating to a “market perform” rating and cut their target price for the company from $23.00 to $12.00 in a research report on Friday. Finally, Weiss Ratings cut shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Albertsons Companies has an average rating of “Hold” and an average target price of $16.38.
Get Our Latest Analysis on ACI
Albertsons Companies Price Performance
Albertsons Companies (NYSE:ACI – Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). Albertsons Companies had a return on equity of 45.59% and a net margin of 0.08%.The company had revenue of $24.94 billion for the quarter, compared to analysts’ expectations of $24.84 billion. During the same period last year, the business posted $0.55 earnings per share. The business’s revenue was up .2% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. On average, research analysts forecast that Albertsons Companies will post 2.11 earnings per share for the current year.
Albertsons Companies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $0.68 dividend on an annualized basis and a yield of 6.2%. Albertsons Companies’s dividend payout ratio (DPR) is presently 850.00%.
Hedge Funds Weigh In On Albertsons Companies
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CWM LLC lifted its position in shares of Albertsons Companies by 103.5% during the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after buying an additional 730 shares during the last quarter. NBC Securities Inc. grew its position in shares of Albertsons Companies by 91.2% in the 4th quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after buying an additional 885 shares during the last quarter. EverSource Wealth Advisors LLC grew its position 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 worth $35,000 after buying an additional 1,306 shares during the last quarter. Allworth Financial LP raised its stake in shares of Albertsons Companies by 64.5% during the 3rd quarter. Allworth Financial LP now owns 2,799 shares of the company’s stock worth $49,000 after acquiring an additional 1,097 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in Albertsons Companies by 2,406.4% during the second quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock valued at $69,000 after acquiring an additional 4,909 shares during the last quarter. Hedge funds and other institutional investors own 71.35% of the company’s stock.
More Albertsons Companies News
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.
Albertsons Companies Company Profile
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.
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