Osmosis Investment Management UK Ltd Takes $658,000 Position in Kraft Heinz Company $KHC

Osmosis Investment Management UK Ltd purchased a new position in shares of Kraft Heinz Company (NASDAQ:KHC) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 27,858 shares of the company’s stock, valued at approximately $658,000.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Kraft Heinz by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 102,933,219 shares of the company’s stock worth $2,496,131,000 after acquiring an additional 616,283 shares during the period. Swiss Life Asset Management Ltd lifted its stake in shares of Kraft Heinz by 148.4% in the 4th quarter. Swiss Life Asset Management Ltd now owns 2,168,874 shares of the company’s stock valued at $52,595,000 after purchasing an additional 1,295,688 shares during the period. Westhampton Capital LLC bought a new position in shares of Kraft Heinz in the 4th quarter worth $1,222,000. Swedbank AB boosted its position in shares of Kraft Heinz by 10.2% in the 4th quarter. Swedbank AB now owns 1,359,161 shares of the company’s stock worth $32,960,000 after purchasing an additional 125,307 shares during the last quarter. Finally, AustralianSuper Pty Ltd grew its stake in shares of Kraft Heinz by 68.7% during the fourth quarter. AustralianSuper Pty Ltd now owns 2,052,635 shares of the company’s stock worth $49,776,000 after purchasing an additional 835,554 shares during the period. 78.17% of the stock is currently owned by institutional investors and hedge funds.

Kraft Heinz Price Performance

KHC opened at $25.32 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 1.06 and a debt-to-equity ratio of 0.49. Kraft Heinz Company has a 12 month low of $21.03 and a 12 month high of $28.09. The company has a fifty day simple moving average of $25.06 and a 200 day simple moving average of $23.91. The stock has a market cap of $30.02 billion, a P/E ratio of -8.85 and a beta of 0.08.

Kraft Heinz (NASDAQ:KHC) last posted its earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.03. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%.The firm had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.18 billion. During the same period in the previous year, the company posted $0.69 earnings per share. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. On average, research analysts expect that Kraft Heinz Company will post 2.06 EPS for the current year.

Kraft Heinz Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, September 4th. Kraft Heinz’s payout ratio is -55.94%.

Insider Buying and Selling at Kraft Heinz

In related news, insider Diana Frost sold 18,502 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $23.05, for a total value of $426,471.10. Following the completion of the transaction, the insider directly owned 102,667 shares in the company, valued at approximately $2,366,474.35. The trade was a 15.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.24% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Barclays upped their price objective on Kraft Heinz from $25.00 to $26.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. TD Cowen raised their target price on Kraft Heinz from $20.00 to $22.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. Sanford C. Bernstein lowered Kraft Heinz from a “market perform” rating to an “underperform” rating and decreased their target price for the stock from $25.00 to $21.00 in a research report on Wednesday, June 3rd. Evercore set a $24.00 price target on Kraft Heinz in a research note on Thursday, August 6th. Finally, UBS Group increased their price target on shares of Kraft Heinz from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $23.62.

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.