Kraft Heinz Company $KHC Stock Sold by Profund Advisors LLC

Profund Advisors LLC trimmed its holdings in Kraft Heinz Company (NASDAQ:KHC) by 89.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,769 shares of the company’s stock after selling 82,531 shares during the period. Profund Advisors LLC’s holdings in Kraft Heinz were worth $222,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of KHC. Cassaday & Co Wealth Management LLC bought a new position in Kraft Heinz during the 1st quarter valued at about $27,000. Hara Capital LLC purchased a new stake in shares of Kraft Heinz during the 2nd quarter valued at about $29,000. Reyes Financial Architecture Inc. grew its stake in shares of Kraft Heinz by 5,820.8% in the third quarter. Reyes Financial Architecture Inc. now owns 1,421 shares of the company’s stock worth $32,000 after acquiring an additional 1,397 shares during the period. Fiduciary Financial Advisors bought a new stake in shares of Kraft Heinz in the second quarter worth approximately $33,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Kraft Heinz in the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 78.17% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on KHC shares. Wells Fargo & Company boosted their price objective on shares of Kraft Heinz from $23.00 to $24.00 and gave the company an “equal weight” rating in a report on Thursday. Royal Bank Of Canada restated an “outperform” rating and issued a $32.00 target price on shares of Kraft Heinz in a report on Thursday, September 24th. Piper Sandler lifted their target price on shares of Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. decreased their target price on shares of Kraft Heinz from $24.00 to $23.00 and set an “underweight” rating for the company in a research note on Tuesday, October 20th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $24.00 target price on shares of Kraft Heinz in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, Kraft Heinz presently has an average rating of “Reduce” and an average price target of $23.80.

Kraft Heinz Trading Up 0.1%

Shares of NASDAQ:KHC opened at $24.64 on Monday. The stock has a market capitalization of $29.18 billion, a price-to-earnings ratio of -8.62, 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 $24.01 and its two-hundred day simple moving average is $23.92. 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, November 4th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.42 by $0.11. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The firm had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same quarter in the prior year, the firm earned $0.61 EPS. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. Analysts expect that Kraft Heinz Company will post 2.06 EPS for the current year.

Kraft Heinz Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 23rd. Investors of record on Friday, December 4th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 6.5%. The ex-dividend date is Friday, December 4th. Kraft Heinz’s payout ratio is -54.79%.

Key Stories Impacting Kraft Heinz

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

• Positive Sentiment: Kraft Heinz beat third-quarter earnings expectations and raised its 2026 earnings outlook. RBC also sees improving sales, market-share and volume trends as potential signs of a 2027 sales inflection. Kraft Heinz’s Improving Trends Point to 2027 Sales Inflection, RBC Says
• Positive Sentiment: The planned sale of its North American coffee business to One Rock is expected to generate about $650 million. Management intends to use proceeds to reduce debt and refocus on other brands, which could strengthen the balance sheet and sharpen its portfolio. Kraft Heinz to Sell Coffee Unit to Refocus on Other Brands
• Neutral Sentiment: Analyst views remain mixed: DBS reaffirmed a Hold rating, while Wells Fargo and UBS raised their price targets but retained neutral or equal-weight ratings. The cautious recommendations suggest limited conviction in near-term upside. DBS Reaffirms Their Hold Rating on Kraft Heinz
• Negative Sentiment: Management flagged persistent headwinds, including inflation above 5%, sluggish U.S. retail recovery and challenges in improving market share. These pressures could limit growth and offset the benefit of the earnings outlook increase. KHC Q3 Earnings Call Highlights Turnaround and Inflation Pressures
• Negative Sentiment: Dividend-focused coverage has highlighted payout safety concerns among food companies facing sales declines and debt burdens. Kraft Heinz’s declared quarterly dividend is $0.40 per share—an indicated annual yield of about 6.3%—but that high yield may also sharpen investor scrutiny of cash flow and debt. Kraft Heinz Battles Headwinds to Save Its Dividend

Kraft Heinz Company Profile