56,968 Kraft Heinz Company $KHC Shares Bought by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS raised its holdings in shares of Kraft Heinz Company (NASDAQ:KHC) by 16.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 403,200 shares of the company’s stock after purchasing an additional 56,968 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Kraft Heinz were worth $9,161,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Waverly Advisors LLC increased its holdings in shares of Kraft Heinz by 3.9% in the 2nd quarter. Waverly Advisors LLC now owns 11,438 shares of the company’s stock worth $270,000 after buying an additional 433 shares during the last quarter. 55 North Private Wealth LLC raised its position in shares of Kraft Heinz by 4.2% during the 3rd quarter. 55 North Private Wealth LLC now owns 11,225 shares of the company’s stock valued at $255,000 after buying an additional 453 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Kraft Heinz by 19.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 3,097 shares of the company’s stock valued at $73,000 after acquiring an additional 508 shares during the last quarter. Triumph Capital Management lifted its holdings in shares of Kraft Heinz by 14.4% in the 2nd quarter. Triumph Capital Management now owns 4,042 shares of the company’s stock valued at $95,000 after acquiring an additional 509 shares during the last quarter. Finally, Van Hulzen Asset Management LLC lifted its holdings in shares of Kraft Heinz by 5.6% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 10,029 shares of the company’s stock valued at $237,000 after acquiring an additional 529 shares during the last quarter. 78.17% of the stock is owned by hedge funds and other institutional investors.

Kraft Heinz Trading Down 2.7%

KHC stock opened at $24.64 on Friday. 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 twelve month low of $21.03 and a twelve month high of $28.09. The stock has a market capitalization of $29.18 billion, a price-to-earnings ratio of -8.62, a price-to-earnings-growth ratio of 2.99 and a beta of 0.12. The firm’s fifty day simple moving average is $24.01 and its two-hundred day simple moving average is $23.92.

Kraft Heinz (NASDAQ:KHC) last announced its earnings results on Wednesday, November 4th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.11. The business had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $6.09 billion. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.61 earnings per share. As a group, analysts anticipate that Kraft Heinz Company will post 2.06 earnings per share for the current year.

Kraft Heinz Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 23rd. Investors of record on Friday, December 4th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 6.5%. The ex-dividend date is Friday, December 4th. Kraft Heinz’s dividend payout ratio is presently -54.79%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KHC. Jefferies Financial Group reiterated a “hold” rating and issued a $24.00 price target on shares of Kraft Heinz in a research report on Wednesday. Weiss Ratings downgraded Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, August 6th. Piper Sandler upped their price objective on Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Evercore set a $24.00 price objective on Kraft Heinz in a research note on Thursday, August 6th. Finally, UBS Group lifted their target price on Kraft Heinz from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $23.80.

More Kraft Heinz News

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

• Positive Sentiment: Kraft Heinz beat third-quarter earnings expectations and raised its 2026 earnings outlook. RBC also sees improving sales, market-share and volume trends as potential signs of a 2027 sales inflection. Kraft Heinz’s Improving Trends Point to 2027 Sales Inflection, RBC Says
• Positive Sentiment: The planned sale of its North American coffee business to One Rock is expected to generate about $650 million. Management intends to use proceeds to reduce debt and refocus on other brands, which could strengthen the balance sheet and sharpen its portfolio. Kraft Heinz to Sell Coffee Unit to Refocus on Other Brands
• Neutral Sentiment: Analyst views remain mixed: DBS reaffirmed a Hold rating, while Wells Fargo and UBS raised their price targets but retained neutral or equal-weight ratings. The cautious recommendations suggest limited conviction in near-term upside. DBS Reaffirms Their Hold Rating on Kraft Heinz
• Negative Sentiment: Management flagged persistent headwinds, including inflation above 5%, sluggish U.S. retail recovery and challenges in improving market share. These pressures could limit growth and offset the benefit of the earnings outlook increase. KHC Q3 Earnings Call Highlights Turnaround and Inflation Pressures
• Negative Sentiment: Dividend-focused coverage has highlighted payout safety concerns among food companies facing sales declines and debt burdens. Kraft Heinz’s declared quarterly dividend is $0.40 per share—an indicated annual yield of about 6.3%—but that high yield may also sharpen investor scrutiny of cash flow and debt. Kraft Heinz Battles Headwinds to Save Its Dividend

Kraft Heinz Company Profile