Kraft Heinz (NASDAQ:KHC) Price Target Lowered to $24.00 at Piper Sandler

Kraft Heinz (NASDAQ:KHC) had its price objective reduced by Piper Sandler from $26.00 to $24.00 in a report issued on Monday,Benzinga reports. Piper Sandler currently has a neutral rating on the stock.

A number of other research firms have also recently issued reports on KHC. Zacks Research cut shares of Kraft Heinz from a “hold” rating to a “strong sell” rating in a research note on Friday, February 13th. Sanford C. Bernstein increased their price target on shares of Kraft Heinz from $24.00 to $27.00 and gave the company a “market perform” rating in a report on Thursday, February 12th. Morgan Stanley restated an “underweight” rating and set a $23.00 price objective on shares of Kraft Heinz in a research report on Tuesday, February 17th. The Goldman Sachs Group set a $23.00 price objective on Kraft Heinz in a report on Thursday, February 12th. Finally, Evercore decreased their target price on Kraft Heinz from $25.00 to $22.00 in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $24.67.

Kraft Heinz Price Performance

NASDAQ:KHC opened at $21.21 on Monday. Kraft Heinz has a 12-month low of $21.08 and a 12-month high of $31.15. The firm has a market capitalization of $25.11 billion, a price-to-earnings ratio of -4.29 and a beta of 0.06. The stock’s 50 day moving average price is $23.74 and its two-hundred day moving average price is $24.58. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.46.

Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Wednesday, February 11th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. Kraft Heinz had a positive return on equity of 7.07% and a negative net margin of 23.44%.The company had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.38 billion. During the same period in the previous year, the company posted $0.84 EPS. The firm’s revenue for the quarter 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. On average, analysts anticipate that Kraft Heinz will post 2.68 earnings per share for the current year.

Kraft Heinz Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 6th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 7.5%. Kraft Heinz’s payout ratio is currently -32.39%.

Insider Activity

In other Kraft Heinz news, insider Cory Onell sold 9,045 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $24.61, for a total transaction of $222,597.45. Following the transaction, the insider owned 202,454 shares in the company, valued at $4,982,392.94. This represents a 4.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.35% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Kraft Heinz

Several institutional investors have recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC acquired a new position in Kraft Heinz in the first quarter valued at about $207,000. Woodline Partners LP grew its stake in Kraft Heinz by 39.0% during the first quarter. Woodline Partners LP now owns 73,700 shares of the company’s stock worth $2,243,000 after buying an additional 20,690 shares in the last quarter. Prudential PLC grew its stake in Kraft Heinz by 6.6% during the second quarter. Prudential PLC now owns 34,987 shares of the company’s stock worth $903,000 after buying an additional 2,158 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in Kraft Heinz by 6.7% in the 2nd quarter. Handelsbanken Fonder AB now owns 447,017 shares of the company’s stock valued at $11,542,000 after buying an additional 27,917 shares during the period. Finally, Swiss National Bank increased its holdings in Kraft Heinz by 6.1% in the 2nd quarter. Swiss National Bank now owns 2,713,042 shares of the company’s stock valued at $70,051,000 after buying an additional 155,200 shares during the period. 78.17% of the stock is currently owned by institutional investors.

Key Stories Impacting Kraft Heinz

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

• Positive Sentiment: Announced capex to “upgrade key plant systems” at the Mont Royal (Montreal) factory — a productivity/quality investment that can support cost, reliability and long-term margins. Kraft Heinz to “upgrade” Canada plant
• Positive Sentiment: Brand-refresh moves: a five-year global condiment partnership with the NFL plus the PowerMac higher‑protein Mac & Cheese roll-out — these marketing and product innovations could help arrest volume declines and improve relevance. Could Kraft Heinz’s NFL Push and Healthier Mac & Cheese Redefine Its Brand Narrative for KHC?
• Neutral Sentiment: Unusually large options activity — about 64,080 call contracts traded (≈113% above typical daily call volume). This could reflect speculative bullish positioning or hedging and may increase near-term volatility.
• Neutral Sentiment: Featured in a MarketBeat piece as a deep‑value, high‑yield (~7.5%) name that draws income-seeking investors and institutional buying—supportive for longer-term income-oriented demand. 5 High-Yield Stocks to Shield Your Portfolio From the Storm (KHC)
• Negative Sentiment: Piper Sandler cut its price target from $26 to $24 and set a Neutral rating — a downgrade that can weigh on sentiment and reduce upside expectations from sell‑side support. Piper Sandler lowers KHC price target
• Negative Sentiment: Fundamentals remain mixed: Q4 EPS beat ( $0.67 vs. $0.61 est.) but revenue fell ~3.4% y/y and Kraft Heinz set FY‑2026 EPS guidance at $1.98–$2.10, below some analyst expectations — these trends and weaker top‑line growth are pressuring the stock. Kraft Heinz (KHC) Stock Sinks As Market Gains: Here’s Why

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.