Albertsons Companies, Inc. $ACI Stake Trimmed by Pacer Advisors Inc.

Pacer Advisors Inc. cut its position in shares of Albertsons Companies, Inc. (NYSE:ACI) by 94.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,937 shares of the company’s stock after selling 753,355 shares during the quarter. Pacer Advisors Inc.’s holdings in Albertsons Companies were worth $749,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp boosted its stake in Albertsons Companies by 2,707.5% in the 1st quarter. Fifth Third Bancorp now owns 123,867 shares of the company’s stock worth $2,111,000 after purchasing an additional 119,455 shares during the period. Norges Bank acquired a new stake in Albertsons Companies during the 4th quarter valued at $388,089,000. Vanguard Group Inc. lifted its holdings 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 purchasing an additional 5,110,777 shares in the last quarter. Strategic Global Advisors LLC purchased a new stake in shares of Albertsons Companies in the fourth quarter valued at $2,858,000. Finally, III Capital Management boosted its position in shares of Albertsons Companies by 78.9% in the fourth quarter. III Capital Management now owns 215,370 shares of the company’s stock worth $3,698,000 after buying an additional 95,000 shares during the period. 71.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Thomas M. Moriarty bought 170,500 shares of Albertsons Companies stock in a transaction that occurred on Monday, July 27th. The stock was purchased at an average cost of $11.51 per share, for a total transaction of $1,962,455.00. Following the acquisition, the executive vice president owned 308,946 shares in the company, valued at $3,555,968.46. This trade represents a 123.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Sharon Mccollam bought 9,000 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were bought at an average cost of $11.48 per share, with a total value of $103,320.00. Following the transaction, the chief financial officer directly owned 567,051 shares of the company’s stock, valued at approximately $6,509,745.48. This trade represents a 1.61% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders purchased 218,909 shares of company stock worth $2,515,826. 1.18% of the stock is currently owned by insiders.

Albertsons Companies Stock Up 1.1%

ACI stock opened at $12.14 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.21 and a debt-to-equity ratio of 5.22. The firm has a market cap of $5.89 billion, a PE ratio of 151.75, a PEG ratio of 2.06 and a beta of 0.42. Albertsons Companies, Inc. has a 1 year low of $10.86 and a 1 year high of $20.00. The company has a fifty day simple moving average of $13.86 and a 200 day simple moving average of $15.94.

Albertsons Companies (NYSE:ACI) last posted its earnings results on Thursday, July 23rd. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.12). Albertsons Companies had a net margin of 0.08% and a return on equity of 45.59%. The company had revenue of $24.94 billion for the quarter, compared to the consensus estimate of $24.84 billion. During the same quarter last year, the business earned $0.55 earnings per share. Albertsons Companies’s quarterly revenue was up .2% on a year-over-year basis. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Sell-side analysts anticipate that Albertsons Companies, Inc. will post 1.64 EPS for the current fiscal year.

Albertsons Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend was Friday, July 24th. Albertsons Companies’s dividend payout ratio (DPR) is presently 850.00%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. BMO Capital Markets lowered Albertsons Companies from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $23.00 to $12.00 in a research report on Friday, July 24th. Royal Bank Of Canada decreased their price objective on Albertsons Companies from $20.00 to $13.00 and set an “outperform” rating for the company in a research report on Friday, July 24th. Citigroup reaffirmed a “neutral” rating and set a $11.00 target price (down from $17.00) on shares of Albertsons Companies in a research note on Monday, July 27th. The Goldman Sachs Group dropped their target price on Albertsons Companies from $24.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Finally, Barclays decreased their price target on shares of Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating for the company in a report on Friday, July 24th. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $15.31.

Albertsons Companies Profile

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.