SEB Asset Management AB Makes New $6.63 Million Investment in Kraft Heinz Company $KHC

SEB Asset Management AB purchased a new stake in shares of Kraft Heinz Company (NASDAQ:KHC) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 294,993 shares of the company’s stock, valued at approximately $6,634,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of KHC. Jessup Wealth Management Inc purchased a new position in shares of Kraft Heinz in the fourth quarter worth about $27,000. Reflection Asset Management purchased a new stake in Kraft Heinz during the 4th quarter valued at about $28,000. Key Capital Management INC purchased a new stake in Kraft Heinz during the 4th quarter valued at about $29,000. DV Equities LLC bought a new position in Kraft Heinz during the 4th quarter worth approximately $29,000. Finally, New England Capital Financial Advisors LLC grew its position in Kraft Heinz by 70.2% during the 4th quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock worth $30,000 after acquiring an additional 511 shares during the last quarter. 78.17% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Diana Frost sold 18,502 shares of the firm’s stock in a transaction dated 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 sale, the insider directly owned 102,667 shares of the company’s stock, valued at approximately $2,366,474.35. This trade represents a 15.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on KHC shares. Deutsche Bank Aktiengesellschaft boosted their price objective on Kraft Heinz from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Thursday, May 7th. Wall Street Zen upgraded shares of Kraft Heinz from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. BNP Paribas Exane lifted their target price on shares of Kraft Heinz from $17.00 to $19.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 30th. BTIG Research began coverage on shares of Kraft Heinz in a report on Monday, April 13th. They set a “neutral” rating for the company. Finally, Zacks Research raised shares of Kraft Heinz from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, Kraft Heinz currently has a consensus rating of “Reduce” and a consensus price target of $23.12.

Kraft Heinz News Summary

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

• Positive Sentiment: The Disney alliance could expand Kraft Heinz’s visibility across theme parks, cruises, media, and consumer products, creating a platform to refresh key brands and potentially boost long-term demand. Kraft Heinz and The Walt Disney Company Announce Landmark Alliance, Uniting the Iconic Companies Across Food, Media and Experiences
• Positive Sentiment: Kraft Heinz will become the exclusive supplier of several products at Disney destinations, which could support recurring product placement and stronger brand association with families. Disney partners with Kraft Heinz for theme parks, cruises, and media
• Neutral Sentiment: Analysts and commentary around the deal suggest the partnership is strategically interesting, but investors are still waiting for proof that it will improve earnings estimates or growth trends. Kraft Heinz Bets on Disney to Revive Its Brands
• Neutral Sentiment: Separate valuation-focused coverage from Zacks indicates the stock remains a debate for investors, with no clear catalyst from the article itself beyond standard value-screening discussion. 1 Stock Under $50 with Impressive Fundamentals and 2 We Avoid
• Negative Sentiment: Some market coverage says shares slipped after the announcement because the deal’s upside may already be priced in, and it may take time before the partnership shows up in financial results. Disney, Kraft Heinz Stocks Slip After Companies Announce Multi-Year Strategic Alliance

Kraft Heinz Price Performance

Shares of KHC stock opened at $25.79 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.82 and a current ratio of 1.20. Kraft Heinz Company has a fifty-two week low of $21.03 and a fifty-two week high of $29.19. The firm has a market cap of $30.58 billion, a P/E ratio of -5.31 and a beta of 0.09. The business’s 50 day moving average price is $24.01 and its 200-day moving average price is $23.54.

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

Kraft Heinz Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 5th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Friday, June 5th. Kraft Heinz’s payout ratio is presently -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.