Value Investment Professionals LLC Takes Position in Albertsons Companies, Inc. $ACI

Value Investment Professionals LLC bought a new position in shares of Albertsons Companies, Inc. (NYSE:ACI) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 54,190 shares of the company’s stock, valued at approximately $923,000.

A number of other institutional investors have also made changes to their positions in the business. Bank of Nova Scotia lifted its holdings in Albertsons Companies by 5.4% during the 2nd quarter. Bank of Nova Scotia now owns 14,041 shares of the company’s stock valued at $302,000 after purchasing an additional 723 shares during the last quarter. CWM LLC increased its holdings in shares of Albertsons Companies by 103.5% in the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 730 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Albertsons Companies by 11.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,326 shares of the company’s stock valued at $126,000 after purchasing an additional 774 shares during the last quarter. NBC Securities Inc. raised its position in shares of Albertsons Companies by 91.2% in the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock valued at $32,000 after purchasing an additional 885 shares during the period. Finally, Foster & Motley Inc. raised its position in shares of Albertsons Companies by 1.5% in the first quarter. Foster & Motley Inc. now owns 61,163 shares of the company’s stock valued at $1,042,000 after purchasing an additional 917 shares during the period. 71.35% of the stock is owned by institutional investors and hedge funds.

Albertsons Companies Stock Up 0.2%

ACI stock opened at $14.15 on Friday. Albertsons Companies, Inc. has a fifty-two week low of $13.16 and a fifty-two week high of $22.78. The company has a debt-to-equity ratio of 4.58, a current ratio of 0.86 and a quick ratio of 0.20. The stock has a market capitalization of $6.93 billion, a price-to-earnings ratio of 44.23, a PEG ratio of 1.61 and a beta of 0.42. The business’s fifty day moving average price is $15.50 and its two-hundred day moving average price is $16.69.

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

Albertsons Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 24th were paid a $0.17 dividend. This is a positive change from Albertsons Companies’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, April 24th. This represents a $0.68 annualized dividend and a yield of 4.8%. Albertsons Companies’s dividend payout ratio is presently 212.50%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ACI shares. Weiss Ratings cut shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Wells Fargo & Company decreased their price target on shares of Albertsons Companies from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Monday, June 29th. JPMorgan Chase & Co. lowered their price target on shares of Albertsons Companies from $22.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, June 30th. UBS Group cut their price objective on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $21.00 price objective on shares of Albertsons Companies in a report on Monday, April 6th. 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 MarketBeat.com, Albertsons Companies presently has an average rating of “Hold” and a consensus price target of $20.54.

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.