Albertsons Companies, Inc. $ACI Holdings Lifted by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB increased its position in shares of Albertsons Companies, Inc. (NYSE:ACI) by 8.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,036,014 shares of the company’s stock after acquiring an additional 158,225 shares during the period. Albertsons Companies makes up about 0.9% of E. Ohman J or Asset Management AB’s investment portfolio, making the stock its 26th largest position. E. Ohman J or Asset Management AB’s holdings in Albertsons Companies were worth $34,694,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Norges Bank acquired a new stake in Albertsons Companies during the 4th quarter worth about $388,089,000. Morgan Stanley boosted its position in Albertsons Companies by 101.0% during the fourth quarter. Morgan Stanley now owns 11,687,694 shares of the company’s stock worth $200,678,000 after purchasing an additional 5,873,759 shares during the period. Dimensional Fund Advisors LP grew its holdings in Albertsons Companies by 62.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 13,429,784 shares of the company’s stock valued at $230,595,000 after purchasing an additional 5,159,905 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Albertsons Companies by 14.9% in the fourth quarter. Vanguard Group Inc. now owns 39,330,507 shares of the company’s stock valued at $675,305,000 after purchasing an additional 5,110,777 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Albertsons Companies by 113.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,749,331 shares of the company’s stock valued at $81,546,000 after purchasing an additional 2,519,432 shares during the period. 71.35% of the stock is currently owned by institutional investors.

Albertsons Companies Stock Down 0.1%

ACI opened at $13.44 on Friday. The business has a 50 day moving average of $16.10 and a 200-day moving average of $16.95. The stock has a market capitalization of $6.65 billion, a price-to-earnings ratio of 42.00, a P/E/G ratio of 1.54 and a beta of 0.40. The company has a current ratio of 0.86, a quick ratio of 0.20 and a debt-to-equity ratio of 4.58. Albertsons Companies, Inc. has a 1-year low of $13.41 and a 1-year high of $22.78.

Albertsons Companies (NYSE:ACI) last issued its quarterly earnings results on Tuesday, April 14th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. The firm had revenue of $20.25 billion during the quarter, compared to the consensus estimate of $20.49 billion. During the same period in the prior year, the firm earned $0.46 EPS. The business’s revenue was up 7.7% on a year-over-year basis. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. As a group, sell-side analysts anticipate that Albertsons Companies, Inc. will post 2.11 earnings per share for the current year.

Albertsons Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 24th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 5.1%. This is a boost from Albertsons Companies’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, April 24th. Albertsons Companies’s dividend payout ratio (DPR) is 212.50%.

Wall Street Analysts Forecast Growth

ACI has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating for the company in a report on Wednesday, April 15th. UBS Group dropped their target price on shares of 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 reissued an “outperform” rating and set a $21.00 target price on shares of Albertsons Companies in a research report on Monday, April 6th. Citigroup decreased their price target on shares of Albertsons Companies from $26.00 to $22.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. Finally, Weiss Ratings downgraded Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. Ten equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Albertsons Companies has an average rating of “Hold” and an average price target of $21.31.

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.