Ellsworth Advisors LLC Makes New Investment in Kraft Heinz Company $KHC

Ellsworth Advisors LLC purchased a new stake in shares of Kraft Heinz Company (NASDAQ:KHC) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 75,340 shares of the company’s stock, valued at approximately $1,712,000.

Several other institutional investors also recently modified their holdings of KHC. V Square Quantitative Management LLC lifted its stake in Kraft Heinz by 18.6% during the 3rd quarter. V Square Quantitative Management LLC now owns 20,198 shares of the company’s stock valued at $459,000 after acquiring an additional 3,165 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of Kraft Heinz by 135.0% in the third quarter. Assenagon Asset Management S.A. now owns 167,761 shares of the company’s stock worth $3,812,000 after acquiring an additional 96,372 shares during the period. Brindle & Bay Financial Advisors LLC grew its stake in shares of Kraft Heinz by 29.1% in the third quarter. Brindle & Bay Financial Advisors LLC now owns 53,041 shares of the company’s stock worth $1,205,000 after acquiring an additional 11,958 shares during the period. TT Capital Management LLC grew its stake in shares of Kraft Heinz by 4.9% in the third quarter. TT Capital Management LLC now owns 19,662 shares of the company’s stock worth $447,000 after acquiring an additional 913 shares during the period. Finally, Charles Schwab Trust Co purchased a new position in shares of Kraft Heinz during the third quarter valued at approximately $207,000. 78.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

KHC has been the topic of a number of research analyst reports. Wells Fargo & Company lowered their price objective on shares of Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Monday, October 5th. JPMorgan Chase & Co. lifted 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. BNP Paribas Exane boosted their target price on shares of Kraft Heinz from $17.00 to $19.00 and gave the company an “underperform” rating in a research note on Tuesday, June 30th. TD Cowen reissued a “hold” rating and set a $22.00 price target on shares of Kraft Heinz in a report on Tuesday, September 22nd. Finally, Evercore set a $24.00 price target on Kraft Heinz in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $23.81.

Kraft Heinz Trading Up 2.4%

Shares of NASDAQ:KHC opened at $23.24 on Friday. The stock has a market capitalization of $27.56 billion, a price-to-earnings ratio of -8.13, a PEG ratio of 2.99 and a beta of 0.12. 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 stock’s 50-day simple moving average is $24.26 and its two-hundred day simple moving average is $23.99. Kraft Heinz Company has a 52-week low of $21.03 and a 52-week high of $28.09.

Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.03. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%. The business had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.18 billion. During the same period in the previous year, the company posted $0.69 EPS. The business’s quarterly revenue 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. Analysts expect that Kraft Heinz Company will post 2.06 EPS for the current year.

Kraft Heinz Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 4th were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.9%. Kraft Heinz’s dividend payout ratio (DPR) is presently -55.94%.

Kraft Heinz News Summary

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

• Positive Sentiment: Kraft Heinz is launching the HEINZ Soup Collection in Canada, its first ready-to-eat soup line in the country. The bagged format expands the brand beyond traditional canned soup and targets convenience-focused consumers, offering a potential avenue for category growth. HEINZ Takes Soup Beyond the Can with New Ready-To-Eat Soup Collection
• Positive Sentiment: A bullish investment view argues that KHC is trading near its 52-week low and below historical valuation multiples. The thesis expects prior brand investments to support improving market share and sales through 2026, while productivity savings could offset anticipated 2027 cost inflation. Kraft Heinz: The Boring 2027 Long That Doesn’t Need A Rich Multiple
• Neutral Sentiment: KHC’s roughly 7% dividend yield remains attractive to income investors, and its staple brands provide relatively defensive demand. However, the yield reflects investor concerns about slow growth and changing consumer preferences rather than being a standalone catalyst. This High-Yield Stock Pays Investors 7%+, but There’s a Catch
• Negative Sentiment: Jefferies maintained a Hold rating and cut its price target to $21, citing worsening North American retail demand. The broker expects third-quarter sales to decline sequentially as weaker consumption and the reversal of a prior inventory benefit weigh on results, even as Kraft Heinz ramps up a $700 million turnaround investment. Kraft Heinz faces worsening US sales as $700 million turnaround spending ramps up
• Negative Sentiment: A separate analysis cautions that the dividend cannot compensate for a weak underlying growth story, highlighting pressure from shifting consumer preferences and the need for the turnaround spending to produce sustainable sales improvement. Kraft Heinz: A High Yield Won’t Fix A Broken Growth Story

Kraft Heinz Company Profile

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

The company’s brands include Heinz, Kraft, Oscar Mayer, Philadelphia, Velveeta, Lunchables, Maxwell House, Capri Sun, Jell-O, Ore-Ida, Classico, Grey Poupon and Planters.