Kraft Heinz Company $KHC Shares Sold by Hillman Capital Management Inc.

Hillman Capital Management Inc. lessened its holdings in shares of Kraft Heinz Company (NASDAQ:KHC) by 16.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 176,807 shares of the company’s stock after selling 34,344 shares during the quarter. Kraft Heinz makes up about 2.7% of Hillman Capital Management Inc.’s portfolio, making the stock its 16th biggest holding. Hillman Capital Management Inc.’s holdings in Kraft Heinz were worth $4,288,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jessup Wealth Management Inc acquired a new stake in Kraft Heinz during the 4th quarter worth $27,000. Key Capital Management INC acquired a new stake in shares of Kraft Heinz in the fourth quarter valued at approximately $29,000. New England Capital Financial Advisors LLC increased its holdings in shares of Kraft Heinz by 70.2% in the fourth quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock valued at $30,000 after purchasing an additional 511 shares during the last quarter. Rakuten Securities Inc. increased its holdings in shares of Kraft Heinz by 172.4% in the second quarter. Rakuten Securities Inc. now owns 1,245 shares of the company’s stock valued at $32,000 after purchasing an additional 788 shares during the last quarter. Finally, Anfield Capital Management LLC increased its holdings in shares of Kraft Heinz by 256.7% in the third quarter. Anfield Capital Management LLC now owns 1,270 shares of the company’s stock valued at $33,000 after purchasing an additional 914 shares during the last quarter. Institutional investors and hedge funds own 78.17% of the company’s stock.

Kraft Heinz Stock Down 0.8%

NASDAQ KHC opened at $23.80 on Wednesday. Kraft Heinz Company has a 52 week low of $21.03 and a 52 week high of $29.19. The company has a quick ratio of 0.82, a current ratio of 1.20 and a debt-to-equity ratio of 0.46. The business’s fifty day simple moving average is $23.13 and its 200-day simple moving average is $23.56. The firm has a market cap of $28.22 billion, a PE ratio of -4.90 and a beta of 0.08.

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

Kraft Heinz Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.60 dividend on an annualized basis and a yield of 6.7%. Kraft Heinz’s dividend payout ratio is presently -32.92%.

Analyst Ratings Changes

Several research firms recently commented on KHC. BTIG Research initiated coverage on Kraft Heinz in a report on Monday, April 13th. They issued a “neutral” rating for the company. Jefferies Financial Group reduced their price target on Kraft Heinz from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Morgan Stanley set a $22.00 price target on Kraft Heinz in a report on Thursday, April 23rd. JPMorgan Chase & Co. reduced their price target on Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating on the stock in a report on Wednesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Kraft Heinz from $20.00 to $22.00 and gave the stock a “hold” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $22.69.

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.