Diana Frost Sells 18,502 Shares of Kraft Heinz (NASDAQ:KHC) Stock

Kraft Heinz Company (NASDAQ:KHC) insider Diana Frost sold 18,502 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $23.05, for a total value of $426,471.10. Following the sale, the insider directly owned 102,667 shares in the company, valued at $2,366,474.35. The trade was a 15.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Kraft Heinz Stock Up 2.0%

NASDAQ:KHC opened at $22.47 on Wednesday. Kraft Heinz Company has a 1 year low of $21.03 and a 1 year high of $29.19. The company has a current ratio of 1.20, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. The stock has a market cap of $26.64 billion, a price-to-earnings ratio of -4.62 and a beta of 0.08. The stock has a 50-day moving average price of $23.07 and a two-hundred day moving average price of $23.46.

Kraft Heinz (NASDAQ:KHC) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.08. Kraft Heinz had a positive return on equity of 7.26% and a negative net margin of 23.05%.The company had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.89 billion. During the same period in the prior year, the company earned $0.62 earnings per share. The company’s revenue for the quarter was up .8% compared to the same quarter last year. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. As a group, equities analysts expect that Kraft Heinz Company will post 2.07 earnings per share for the current year.

Kraft Heinz Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 7.1%. The ex-dividend date is Friday, June 5th. Kraft Heinz’s dividend payout ratio (DPR) is -32.92%.

Key Kraft Heinz News

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

• Positive Sentiment: Kraft Heinz highlighted a growth-focused plan at its dbAccess Global Consumer Conference, including a shift of $600 million toward higher-priority initiatives. That signals management is trying to improve execution and support longer-term revenue and margin growth. Kraft Heinz (KHC) Reveals Its Next Move at the Annual dbAccess Global Consumer Conference
• Positive Sentiment: The company also expanded its product lineup with KD Ramen in Canada, moving the Kraft Dinner brand beyond mac and cheese into a new snack/meal category. New product launches can help support sales and brand relevance. Kraft Dinner Expands Beyond Mac n’ Cheese with All-New KD Ramen Lineup
• Neutral Sentiment: Unusually heavy call-option buying was reported, which may reflect speculation that traders expect a rebound, but it does not by itself confirm a fundamental improvement.
• Negative Sentiment: Insider Diana Frost sold 18,502 shares, reducing her holdings by about 15%. Insider selling can weigh on sentiment because investors often read it as a lack of near-term confidence. Kraft Heinz (NASDAQ:KHC) Insider Sells $426,471.10 in Stock
• Negative Sentiment: The stock recently fell more than the broader market, reflecting ongoing investor concern around valuation, slower growth, and market momentum. Here’s Why Kraft Heinz (KHC) Fell More Than Broader Market

Analysts Set New Price Targets

KHC has been the subject of several research reports. Zacks Research raised shares of Kraft Heinz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kraft Heinz in a research note on Tuesday, April 21st. JPMorgan Chase & Co. lowered their target price on Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating for the company in a report on Wednesday, March 25th. Sanford C. Bernstein downgraded Kraft Heinz from a “market perform” rating to an “underperform” rating and dropped their price target for the company from $25.00 to $21.00 in a research note on Wednesday, June 3rd. Finally, Wells Fargo & Company reduced their price objective on Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $22.69.

Institutional Investors Weigh In On Kraft Heinz

Several large investors have recently made changes to their positions in KHC. Jessup Wealth Management Inc acquired a new position in Kraft Heinz during the fourth quarter worth $27,000. Reflection Asset Management acquired a new stake in Kraft Heinz in the fourth quarter valued at $28,000. DV Equities LLC bought a new position in shares of Kraft Heinz in the 4th quarter valued at about $29,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of Kraft Heinz during the 1st quarter worth about $27,000. Finally, Key Capital Management INC acquired a new position in shares of Kraft Heinz during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 78.17% of the company’s stock.

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.