Kraft Heinz (NASDAQ:KHC) Issues FY 2026 Earnings Guidance

Kraft Heinz (NASDAQ:KHC) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.030-2.090 for the period, compared to the consensus earnings per share estimate of 2.060. The company issued revenue guidance of -.

Kraft Heinz Trading Down 3.5%

Shares of Kraft Heinz stock traded down $0.89 on Thursday, reaching $24.84. 15,782,128 shares of the company’s stock were exchanged, compared to its average volume of 15,236,708. The firm’s 50-day moving average is $24.61 and its two-hundred day moving average is $23.74. The company has a market capitalization of $29.45 billion, a P/E ratio of -5.10 and a beta of 0.08. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.82 and a current ratio of 1.20. Kraft Heinz has a 52 week low of $21.03 and a 52 week high of $28.10.

Kraft Heinz (NASDAQ:KHC) last released its 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 negative net margin of 23.05% and a positive return on equity of 7.26%. The company had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.18 billion. During the same quarter in the previous year, the company earned $0.69 EPS. Kraft Heinz’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. Sell-side analysts predict that Kraft Heinz will post 2.07 EPS for the current fiscal year.

Kraft Heinz Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Friday, September 4th. Kraft Heinz’s dividend payout ratio (DPR) is -32.92%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. UBS Group increased their target price on Kraft Heinz from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Thursday. Morgan Stanley set a $22.00 price target on Kraft Heinz in a research note on Thursday, April 23rd. Piper Sandler lifted their target price on Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday. Weiss Ratings reissued a “sell (d)” rating on shares of Kraft Heinz in a research report on Friday, July 17th. Finally, BNP Paribas Exane lifted their price objective on shares of Kraft Heinz from $17.00 to $19.00 and gave the stock an “underperform” rating in a report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $23.44.

Insiders Place Their Bets

In other news, insider Diana Frost sold 18,502 shares of Kraft Heinz stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $23.05, for a total value of $426,471.10. Following the completion of the transaction, the insider owned 102,667 shares in the company, valued at $2,366,474.35. This trade represents a 15.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.24% of the company’s stock.

Key Headlines Impacting Kraft Heinz

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

• Positive Sentiment: Kraft Heinz reported second-quarter adjusted earnings of $0.56 per share and revenue of $6.26 billion, exceeding estimates of $0.53 and $6.18 billion, respectively. Kraft Heinz Reports Second Quarter 2026 Results; Updates 2026 Full Year Outlook
• Positive Sentiment: Management improved its 2026 organic-sales outlook to a decline of approximately 0.5% to 2.0% and maintained full-year adjusted EPS guidance of $2.03 to $2.09, signaling better-than-expected near-term execution. Kraft Heinz raises annual outlook as Q2 results top forecasts
• Positive Sentiment: JPMorgan upgraded Kraft Heinz’s credit recommendation to Overweight, citing deleveraging, disciplined balance-sheet management and greater confidence that the company can fund brand investments while controlling leverage. JPMorgan upgrades Kraft Heinz credit to Overweight on deleveraging outlook
• Positive Sentiment: Early improvements in consumption, market share and brand performance prompted Kraft Heinz to add $100 million to second-half marketing, with management targeting volume-led growth and a stronger 2027. KHC Q2 Earnings Call Raises Brand Spending on Early Traction
• Neutral Sentiment: The company declared its regular quarterly dividend of $0.40 per share, equivalent to an annualized yield of roughly 6.2% at the referenced share price. The payout supports income appeal but may also draw scrutiny because of Kraft Heinz’s weak reported earnings.
• Negative Sentiment: A $7.4 billion noncash goodwill and intangible-asset impairment produced a reported net loss of $5.46 billion, overshadowing the adjusted earnings beat. Kraft Heinz Is Down After Massive Impairment-Fueled Loss
• Negative Sentiment: Organic sales and adjusted profitability remain under pressure: revenue declined year over year, adjusted operating income fell sharply, and management expects 2026 to be a margin trough while increasing total incremental investment to approximately $700 million.
• Negative Sentiment: Income investors are being cautioned not to treat Kraft Heinz’s high yield as automatically safe, with the stock cited as a potential yield-trap risk if the underlying turnaround fails to restore growth. 3 Big Dividends and One Case Study in How a Yield Trap Ends

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in KHC. Litman Gregory Wealth Management LLC purchased a new stake in shares of Kraft Heinz in the 4th quarter worth about $85,000. Zions Bancorporation National Association UT grew its holdings in Kraft Heinz by 204.0% in the fourth quarter. Zions Bancorporation National Association UT now owns 2,693 shares of the company’s stock worth $65,000 after purchasing an additional 1,807 shares during the period. J.Safra Asset Management Corp purchased a new position in shares of Kraft Heinz during the fourth quarter valued at approximately $91,000. Triumph Capital Management purchased a new position in shares of Kraft Heinz during the third quarter valued at approximately $118,000. Finally, Larson Financial Group LLC boosted its position in shares of Kraft Heinz by 170.1% in the 3rd quarter. Larson Financial Group LLC now owns 5,412 shares of the company’s stock worth $141,000 after purchasing an additional 3,408 shares in the last quarter. 78.17% of the stock is currently owned by hedge funds and other institutional investors.

Kraft Heinz Company Profile

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company. The combination created one of the largest packaged-food companies in the world, built around well-known consumer brands. The merger was supported by major investors and established a multi-national platform for branded food products.

Kraft Heinz develops, manufactures, markets and distributes a broad portfolio of branded packaged foods and condiments.