Arbejdsmarkedets Tillaegspension Makes New Investment in Albertsons Companies, Inc. $ACI

Arbejdsmarkedets Tillaegspension acquired a new stake in shares of Albertsons Companies, Inc. (NYSE:ACI) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 1,349,911 shares of the company’s stock, valued at approximately $23,178,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACI. CWM LLC boosted its stake in shares of Albertsons Companies by 103.5% during the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 730 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Albertsons Companies by 185.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock valued at $28,000 after purchasing an additional 1,057 shares in the last quarter. NBC Securities Inc. boosted its stake in shares of Albertsons Companies by 91.2% during the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock valued at $32,000 after purchasing an additional 885 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Albertsons Companies by 32.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,524 shares of the company’s stock valued at $44,000 after purchasing an additional 625 shares in the last quarter. Finally, Elevation Wealth Partners LLC bought a new position in shares of Albertsons Companies during the fourth quarter valued at approximately $46,000. 71.35% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ACI shares. Weiss Ratings downgraded shares of Albertsons Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, April 21st. UBS Group dropped their price objective on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Royal Bank Of Canada reiterated an “outperform” rating and set a $21.00 price objective on shares of Albertsons Companies in a research note on Monday, April 6th. JPMorgan Chase & Co. decreased their target price on shares of Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating for the company in a research report on Wednesday, April 15th. Finally, Citigroup decreased their target price on shares of Albertsons Companies from $26.00 to $22.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Ten analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Albertsons Companies currently has a consensus rating of “Hold” and a consensus price target of $21.31.

Albertsons Companies Trading Down 0.6%

NYSE:ACI opened at $16.41 on Friday. Albertsons Companies, Inc. has a 52 week low of $15.55 and a 52 week high of $22.78. The firm has a 50 day moving average of $16.91 and a 200 day moving average of $17.34. The company has a quick ratio of 0.20, a current ratio of 0.86 and a debt-to-equity ratio of 4.58. The stock has a market capitalization of $8.11 billion, a price-to-earnings ratio of 51.27, a PEG ratio of 1.89 and a beta of 0.43.

Albertsons Companies (NYSE:ACI) last posted its earnings results on Tuesday, April 14th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. The company had revenue of $20.25 billion during the quarter, compared to analysts’ expectations of $20.49 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share. Albertsons Companies’s revenue for the quarter was up 7.7% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. As a group, sell-side analysts anticipate that Albertsons Companies, Inc. will post 2.11 earnings per share for the current fiscal year.

Albertsons Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 24th were issued a $0.17 dividend. This is an increase from Albertsons Companies’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, April 24th. Albertsons Companies’s dividend payout ratio is 212.50%.

About Albertsons Companies

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.