Kraft Heinz’s (KHC) “Outperform” Rating Reiterated at Royal Bank Of Canada

Kraft Heinz (NASDAQ:KHC)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank Of Canada in a research note issued to investors on Thursday, Benzinga reports. They presently have a $32.00 target price on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 34.16% from the stock’s previous close.

KHC has been the topic of several other reports. Wells Fargo & Company upped their target price on shares of Kraft Heinz from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. UBS Group upped their target price on shares of Kraft Heinz from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. upped their target price on shares of Kraft Heinz from $21.00 to $22.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 15th. Wall Street Zen downgraded shares of Kraft Heinz from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, TD Cowen reaffirmed a “hold” rating and issued a $22.00 price target on shares of Kraft Heinz in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $23.88.

Kraft Heinz Price Performance

KHC traded up $0.06 on Thursday, hitting $23.85. 13,462,859 shares of the company were exchanged, compared to its average volume of 16,063,024. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 1.06. The business’s fifty day moving average is $25.31 and its 200 day moving average is $23.96. Kraft Heinz has a fifty-two week low of $21.03 and a fifty-two week high of $28.09. The firm has a market capitalization of $28.28 billion, a P/E ratio of -8.34, a price-to-earnings-growth ratio of 2.99 and a beta of 0.09.

Kraft Heinz (NASDAQ:KHC) last issued 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 negative net margin of 13.64% and a positive return on equity of 7.10%. The company had revenue of $6.26 billion for the quarter, compared to analyst estimates of $6.18 billion. During the same period in the prior year, the business posted $0.69 earnings per share. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. As a group, sell-side analysts anticipate that Kraft Heinz will post 2.06 EPS for the current year.

Institutional Trading of Kraft Heinz

Several institutional investors and hedge funds have recently modified their holdings of KHC. BlackRock Inc. purchased a new position in shares of Kraft Heinz during the second quarter valued at approximately $1,803,911,000. Auto Owners Insurance Co lifted its stake in shares of Kraft Heinz by 3,034.1% during the fourth quarter. Auto Owners Insurance Co now owns 16,477,002 shares of the company’s stock valued at $39,957,000 after buying an additional 15,951,271 shares during the period. Norges Bank purchased a new position in shares of Kraft Heinz during the fourth quarter valued at approximately $332,382,000. Nykredit A S purchased a new position in shares of Kraft Heinz during the second quarter valued at approximately $181,408,000. Finally, Deutsche Bank AG purchased a new position in shares of Kraft Heinz during the second quarter valued at approximately $179,876,000. Hedge funds and other institutional investors own 78.17% of the company’s stock.

Trending Headlines about Kraft Heinz

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

• Positive Sentiment: Royal Bank of Canada reaffirmed its Outperform rating on Kraft Heinz and assigned a $32 price target, implying approximately 34% upside from the reference price of $23.85. The bullish view likely provided the strongest immediate support for the stock. RBC rating article
• Positive Sentiment: Capri Sun launched a limited-edition Big Pouch after consumer demand, giving Kraft Heinz an opportunity to test a new format and use customer feedback to guide future product development. The potential sales impact is likely limited initially because the rollout is a trial. Capri Sun Big Pouch article
• Positive Sentiment: Unusual options activity showed a strong preference for calls in Kraft Heinz, signaling short-term bullish positioning among options traders, though this is a speculative indicator rather than a fundamental catalyst. KHC options activity article
• Neutral Sentiment: TD Cowen assigned Kraft Heinz a Hold rating, reflecting a more cautious view of the company’s growth and valuation prospects. TD Cowen rating article
• Neutral Sentiment: Kraft Heinz’s high dividend yield continues to attract income-oriented investors, but commentary on its elevated payout ratio highlights the risk that dividend support may come with limited flexibility if earnings weaken. Dividend stocks article
• Negative Sentiment: Kraft Heinz was removed from major Nasdaq indices, while its shares had already declined about 6% over the past month. The removal may create additional technical selling pressure and reinforces concerns about weak near-term momentum. Kraft Heinz valuation and index removal article

About Kraft Heinz

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company that develops, manufactures and markets branded products for consumers, retailers, foodservice operators and other customers. Its portfolio includes condiments and sauces, cheese and dairy products, meals, meats, beverages, snacks and other packaged foods.

The company’s well-known brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Lunchables, Capri Sun, Jell-O, Maxwell House and Classico, among others.