Zacks Research Decreases Earnings Estimates for Kraft Heinz

The Kraft Heinz Company (NASDAQ:KHC) – Stock analysts at Zacks Research decreased their FY2026 earnings estimates for Kraft Heinz in a research report issued to clients and investors on Wednesday, February 26th. Zacks Research analyst V. Bagree now forecasts that the company will post earnings of $2.79 per share for the year, down from their previous estimate of $3.18. The consensus estimate for Kraft Heinz’s current full-year earnings is $2.68 per share.

A number of other equities analysts have also weighed in on the company. TD Cowen decreased their target price on Kraft Heinz from $34.00 to $32.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. StockNews.com cut shares of Kraft Heinz from a “hold” rating to a “sell” rating in a report on Friday, February 14th. Barclays dropped their target price on shares of Kraft Heinz from $33.00 to $29.00 and set an “equal weight” rating on the stock in a report on Friday, February 14th. UBS Group decreased their target price on shares of Kraft Heinz from $37.00 to $31.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Finally, Piper Sandler dropped their price target on Kraft Heinz from $35.00 to $31.00 and set a “neutral” rating on the stock in a research note on Thursday, February 13th. Three equities research analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the company’s stock. According to data from MarketBeat, Kraft Heinz currently has a consensus rating of “Hold” and a consensus target price of $30.86.

Kraft Heinz Stock Up 2.0 %

Kraft Heinz stock opened at $31.32 on Monday. The firm has a market cap of $37.43 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 3.39 and a beta of 0.47. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.39. Kraft Heinz has a 12 month low of $27.25 and a 12 month high of $38.96. The stock has a fifty day simple moving average of $29.79 and a two-hundred day simple moving average of $32.37.

Kraft Heinz (NASDAQ:KHC) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.06. Kraft Heinz had a net margin of 10.62% and a return on equity of 7.58%.

Kraft Heinz Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 7th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 5.11%. The ex-dividend date is Friday, March 7th. Kraft Heinz’s dividend payout ratio is 70.80%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. New York Life Investment Management LLC raised its holdings in Kraft Heinz by 0.3% during the fourth quarter. New York Life Investment Management LLC now owns 130,075 shares of the company’s stock valued at $3,995,000 after acquiring an additional 361 shares during the period. Checchi Capital Advisers LLC grew its holdings in Kraft Heinz by 5.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 7,265 shares of the company’s stock valued at $223,000 after buying an additional 366 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Kraft Heinz by 1.0% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 35,735 shares of the company’s stock valued at $1,097,000 after buying an additional 370 shares during the last quarter. Winch Advisory Services LLC lifted its holdings in shares of Kraft Heinz by 20.1% in the fourth quarter. Winch Advisory Services LLC now owns 2,274 shares of the company’s stock worth $70,000 after buying an additional 380 shares in the last quarter. Finally, Pinnacle Financial Partners Inc boosted its position in shares of Kraft Heinz by 4.2% during the third quarter. Pinnacle Financial Partners Inc now owns 9,560 shares of the company’s stock worth $336,000 after acquiring an additional 381 shares during the last quarter. Hedge funds and other institutional investors own 78.17% of the company’s stock.

Kraft Heinz Company Profile

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.