Envestnet Asset Management Inc. Sells 633,658 Shares of Kraft Heinz Company $KHC

Envestnet Asset Management Inc. cut its holdings in Kraft Heinz Company (NASDAQ:KHC) by 42.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 867,115 shares of the company’s stock after selling 633,658 shares during the period. Envestnet Asset Management Inc. owned 0.07% of Kraft Heinz worth $22,580,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Ashton Thomas Private Wealth LLC bought a new stake in Kraft Heinz during the first quarter valued at about $207,000. Woodline Partners LP grew its stake in shares of Kraft Heinz by 39.0% during the 1st quarter. Woodline Partners LP now owns 73,700 shares of the company’s stock valued at $2,243,000 after acquiring an additional 20,690 shares during the period. IFP Advisors Inc grew its stake in shares of Kraft Heinz by 19.7% during the 2nd quarter. IFP Advisors Inc now owns 6,121 shares of the company’s stock valued at $164,000 after acquiring an additional 1,006 shares during the period. Blue Trust Inc. increased its holdings in Kraft Heinz by 18.4% in the 2nd quarter. Blue Trust Inc. now owns 5,276 shares of the company’s stock worth $136,000 after acquiring an additional 821 shares in the last quarter. Finally, Yousif Capital Management LLC raised its stake in Kraft Heinz by 1.3% during the 2nd quarter. Yousif Capital Management LLC now owns 98,991 shares of the company’s stock worth $2,556,000 after acquiring an additional 1,242 shares during the period. Institutional investors own 78.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Sanford C. Bernstein upped their price target on shares of Kraft Heinz from $24.00 to $27.00 and gave the stock a “market perform” rating in a research report on Thursday. BNP Paribas Exane lowered their target price on shares of Kraft Heinz from $22.00 to $20.00 and set an “underperform” rating on the stock in a research note on Thursday. Piper Sandler dropped their target price on shares of Kraft Heinz from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday. HSBC decreased their price target on Kraft Heinz from $29.00 to $27.00 in a report on Thursday, October 30th. Finally, The Goldman Sachs Group set a $23.00 price objective on Kraft Heinz in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Kraft Heinz has an average rating of “Reduce” and a consensus target price of $25.16.

Key Kraft Heinz News

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

• Positive Sentiment: Company announced a meaningful quarterly dividend (annualized yield ~6.6%; ex‑dividend March 6). Stable, high yield supports income-focused investors and can cushion downside for the stock.
• Positive Sentiment: Unusually large call buying: traders purchased ~58,273 KHC calls (≈99% above average), indicating short‑term bullish/speculative positioning that can amplify upside volume and volatility.
• Neutral Sentiment: Kraft Heinz is increasing investments: management forecast ~ $950M capital spending for 2026 and has committed ~$600M to revive growth — this signals a shift to reinvest in brands but raises near‑term execution questions. Read More.
• Neutral Sentiment: Analysts are split: Sanford Bernstein raised its PT to $27 while Deutsche Bank trimmed its PT to $23; other shops issued varying revisions (Piper Sandler, Barclays, Evercore, BNP). The mixed guidance reflects uncertainty and explains volatile price reactions. Read More. • Read More.
• Negative Sentiment: Some sell-side research is bearish: Seeking Alpha published a negative note calling the “catalyst” gone after a weak quarter, impairment charges and brand declines — a narrative that can pressure investor confidence. Read More.
• Negative Sentiment: Major downgrades: JPMorgan downgraded KHC to underweight with a $22 PT, signaling limited near‑term upside after the breakup pause — a clear negative for sentiment. Read More.
• Negative Sentiment: Additional downside pressure from price‑target cuts at Evercore and BNP Paribas (to $22 and $20 respectively) and continued concerns over slowing sales, a large impairment and margin pressure following Q4 results. Read More. • Read More.

Insider Buying and Selling

In other Kraft Heinz news, insider Miguel Patricio sold 125,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $24.82, for a total value of $3,102,500.00. Following the sale, the insider owned 686,817 shares of the company’s stock, valued at approximately $17,046,797.94. This represents a 15.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.35% of the company’s stock.

Kraft Heinz Stock Up 2.0%

Kraft Heinz stock opened at $24.80 on Friday. The stock has a 50 day moving average of $24.01 and a two-hundred day moving average of $25.34. Kraft Heinz Company has a twelve month low of $21.99 and a twelve month high of $33.35. The stock has a market capitalization of $29.36 billion, a price-to-earnings ratio of -5.02 and a beta of 0.08. The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46.

Kraft Heinz (NASDAQ:KHC) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. Kraft Heinz had a negative net margin of 23.44% and a positive return on equity of 7.07%. The business had revenue of $6.35 billion for the quarter, compared to analyst estimates of $6.38 billion. During the same period in the previous year, the business posted $0.84 earnings per share. The business’s revenue was down 3.4% compared to the same quarter last year. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. As a group, research analysts expect that Kraft Heinz Company will post 2.68 earnings per share for the current year.

Kraft Heinz Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.60 annualized dividend and a yield of 6.5%. Kraft Heinz’s payout ratio is currently -42.90%.

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.