Dai ichi Life Insurance Company Ltd Lowers Stake in Kraft Heinz Company $KHC

Dai ichi Life Insurance Company Ltd lessened its stake in Kraft Heinz Company (NASDAQ:KHC) by 31.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 60,591 shares of the company’s stock after selling 27,958 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Kraft Heinz were worth $1,363,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KHC. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Kraft Heinz in the first quarter valued at $207,000. Woodline Partners LP lifted its stake in Kraft Heinz by 39.0% during the 1st quarter. Woodline Partners LP now owns 73,700 shares of the company’s stock worth $2,243,000 after acquiring an additional 20,690 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Kraft Heinz by 16.6% during the 2nd quarter. NewEdge Advisors LLC now owns 51,222 shares of the company’s stock worth $1,323,000 after acquiring an additional 7,307 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Kraft Heinz by 0.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 522,147 shares of the company’s stock valued at $13,482,000 after acquiring an additional 4,003 shares during the period. Finally, HUB Investment Partners LLC purchased a new position in Kraft Heinz during the 2nd quarter valued at about $207,000. Hedge funds and other institutional investors own 78.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on KHC shares. Sanford C. Bernstein lowered shares of Kraft Heinz from a “market perform” rating to an “underperform” rating and cut their price target for the stock from $25.00 to $21.00 in a research note on Wednesday, June 3rd. UBS Group raised their price objective on shares of Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. BTIG Research started coverage on shares of Kraft Heinz in a report on Monday, April 13th. They issued a “neutral” rating for the company. Jefferies Financial Group dropped their price objective on shares of Kraft Heinz from $23.00 to $20.00 and set a “hold” rating for the company in a report on Monday, March 30th. Finally, Morgan Stanley set a $22.00 target price on shares of Kraft Heinz in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, Kraft Heinz has a consensus rating of “Reduce” and a consensus price target of $23.19.

Key Headlines Impacting Kraft Heinz

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

• Positive Sentiment: Kraft Heinz announced a strategic alliance with Walt Disney spanning food service, media, events, and branded experiences, which could open new revenue and marketing opportunities and improve the company’s turnaround story. Article Title
• Positive Sentiment: Traders bought 74,729 call options on KHC, far above normal volume, suggesting rising speculation on further upside in the shares.
• Positive Sentiment: Coverage highlighting Kraft Heinz as an ideal LBO/take-private target may be supporting the stock by keeping deal speculation alive, especially given its beaten-down valuation profile. Article Title
• Neutral Sentiment: Analyst commentary on consumer staples names, including KHC, suggests the stock remains a debated value play rather than a clear consensus winner. Article Title
• Negative Sentiment: Recent market coverage noted that KHC had fallen in the prior session, reflecting ongoing investor caution around the company’s fundamentals and the broader consumer-staples backdrop. Article Title

Insiders Place Their Bets

In related news, insider Diana Frost sold 18,502 shares of Kraft Heinz stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $23.05, for a total value of $426,471.10. Following the completion of the transaction, the insider owned 102,667 shares in the company, valued at $2,366,474.35. The trade was a 15.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.24% of the stock is currently owned by company insiders.

Kraft Heinz Price Performance

Shares of NASDAQ KHC opened at $25.67 on Monday. The stock’s 50-day moving average is $24.16 and its two-hundred day moving average is $23.57. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.20 and a quick ratio of 0.82. Kraft Heinz Company has a 1-year low of $21.03 and a 1-year high of $29.19. The company has a market cap of $30.44 billion, a price-to-earnings ratio of -5.28 and a beta of 0.09.

Kraft Heinz (NASDAQ:KHC) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.08. The company had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.89 billion. Kraft Heinz had a positive return on equity of 7.26% and a negative net margin of 23.05%.Kraft Heinz’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the company earned $0.62 EPS. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Analysts forecast that Kraft Heinz Company will post 2.07 EPS for the current fiscal year.

Kraft Heinz Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 5th were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.60 annualized dividend and a yield of 6.2%. Kraft Heinz’s dividend payout ratio (DPR) is -32.92%.

Kraft Heinz 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.