Counterpoint Mutual Funds LLC Acquires New Holdings in Albertsons Companies, Inc. $ACI

Counterpoint Mutual Funds LLC bought a new position in shares of Albertsons Companies, Inc. (NYSE:ACI) in the 1st quarter, HoldingsChannel.com reports. The firm bought 297,473 shares of the company’s stock, valued at approximately $5,069,000. Albertsons Companies makes up approximately 0.8% of Counterpoint Mutual Funds LLC’s portfolio, making the stock its 9th largest position.

A number of other institutional investors have also recently made changes to their positions in the stock. Norges Bank bought a new position in shares of Albertsons Companies during the 4th quarter valued at $388,089,000. Vanguard Group Inc. increased its position in shares of Albertsons Companies by 14.9% in the fourth quarter. Vanguard Group Inc. now owns 39,330,507 shares of the company’s stock valued at $675,305,000 after acquiring an additional 5,110,777 shares during the period. Strategic Global Advisors LLC bought a new position in Albertsons Companies during the 4th quarter valued at approximately $2,858,000. Private Management Group Inc. raised its holdings in shares of Albertsons Companies by 8.4% during the third quarter. Private Management Group Inc. now owns 2,360,714 shares of the company’s stock valued at $41,336,000 after acquiring an additional 182,638 shares in the last quarter. Finally, South Dakota Investment Council bought a new position in Albertsons Companies in the 3rd quarter worth $1,658,000. Institutional investors own 71.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ACI shares. JPMorgan Chase & Co. decreased their price objective on Albertsons Companies from $22.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday. Wells Fargo & Company decreased their price objective on shares of Albertsons Companies from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Monday, June 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $21.00 price target on shares of Albertsons Companies in a report on Monday, April 6th. UBS Group dropped their price objective on Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Finally, Citigroup decreased their target price on Albertsons Companies from $22.00 to $17.00 and set a “buy” rating for the company in a research report on Monday, June 29th. Ten equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $20.54.

Albertsons Companies Trading Up 0.2%

Shares of NYSE:ACI opened at $14.15 on Friday. The stock has a 50 day moving average of $15.50 and a 200 day moving average of $16.69. The company has a current ratio of 0.86, a quick ratio of 0.20 and a debt-to-equity ratio of 4.58. The company has a market cap of $6.93 billion, a PE ratio of 44.23, a price-to-earnings-growth ratio of 1.61 and a beta of 0.42. Albertsons Companies, Inc. has a 12-month low of $13.16 and a 12-month high of $22.78.

Albertsons Companies (NYSE:ACI) last issued its earnings results on Tuesday, April 14th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. The company had revenue of $20.25 billion for the quarter, compared to the consensus estimate of $20.49 billion. Albertsons Companies had a return on equity of 42.75% and a net margin of 0.26%.The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company earned $0.46 EPS. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. As a group, equities research analysts expect that Albertsons Companies, Inc. will post 2.11 EPS for the current year.

Albertsons Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 24th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Albertsons Companies’s previous quarterly dividend of $0.15. 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.