Royal Bank Of Canada Cuts Albertsons Companies (NYSE:ACI) Price Target to $13.00

Albertsons Companies (NYSE:ACI) had its price target decreased by Royal Bank Of Canada from $20.00 to $13.00 in a research note issued to investors on Friday,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

A number of other analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. BMO Capital Markets cut shares of Albertsons Companies from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $23.00 to $12.00 in a research report on Friday. UBS Group cut their price objective on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Wells Fargo & Company downgraded shares of Albertsons Companies from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $18.00 to $11.00 in a research note on Thursday. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $13.00 target price (down from $22.00) on shares of Albertsons Companies in a report on Friday. Seven analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Albertsons Companies has a consensus rating of “Hold” and a consensus price target of $16.38.

Albertsons Companies Trading Down 0.3%

NYSE ACI opened at $10.99 on Friday. The firm has a market capitalization of $5.39 billion, a PE ratio of 137.44, a P/E/G ratio of 1.17 and a beta of 0.42. The stock’s 50 day moving average is $14.83 and its 200 day moving average is $16.35. Albertsons Companies has a twelve month low of $10.86 and a twelve month high of $20.47. The company has a quick ratio of 0.21, a current ratio of 0.84 and a debt-to-equity ratio of 5.22.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). The firm had revenue of $24.94 billion during the quarter, compared to the consensus estimate of $24.84 billion. Albertsons Companies had a return on equity of 45.59% and a net margin of 0.08%.Albertsons Companies’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 EPS. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Research analysts forecast that Albertsons Companies will post 2.11 earnings per share for the current fiscal year.

Albertsons Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Friday, July 24th. Albertsons Companies’s payout ratio is presently 850.00%.

Institutional Trading of Albertsons Companies

Several institutional investors have recently added to or reduced their stakes in ACI. Twin Capital Management Inc. increased its holdings in shares of Albertsons Companies by 1.7% in the 1st quarter. Twin Capital Management Inc. now owns 43,912 shares of the company’s stock worth $748,000 after purchasing an additional 721 shares in the last quarter. Bank of Nova Scotia lifted its holdings in shares of Albertsons Companies by 5.4% during the second quarter. Bank of Nova Scotia now owns 14,041 shares of the company’s stock valued at $302,000 after purchasing an additional 723 shares in the last quarter. CWM LLC lifted its holdings in shares of Albertsons Companies by 103.5% during the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 730 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Albertsons Companies by 11.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,326 shares of the company’s stock valued at $126,000 after buying an additional 774 shares during the last quarter. Finally, NBC Securities Inc. boosted its position in shares of Albertsons Companies by 91.2% during the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock valued at $32,000 after buying an additional 885 shares during the last quarter. 71.35% of the stock is currently owned by hedge funds and other institutional investors.

More Albertsons Companies News

Here are the key news stories impacting Albertsons Companies this week:

• Neutral Sentiment: Albertsons delivered first-quarter EPS of $0.42, missing expectations, while revenue of $24.94 billion was slightly ahead of estimates. The company also highlighted continued growth in digital and pharmacy, but core grocery sales showed pressure.
• Negative Sentiment: Management cut fiscal 2026 guidance, now projecting adjusted EPS of $1.75-$1.85 and lower sales growth, citing cautious consumers and weaker grocery spending. The company also signaled fiscal 2026 adjusted EBITDA of $3.55 billion-$3.625 billion, alongside $200 million in expected ACI Edge run-rate benefits as it pushes a turnaround plan. Albertsons Companies, Inc. Reports First Quarter Fiscal 2026 Results
• Negative Sentiment: Albertsons warned that consumers are pulling back on grocery spending, and multiple reports described softer same-store grocery demand as the main reason for the stock decline. Albertsons warns of softer grocery demand as consumers pull back
• Negative Sentiment: Several brokerages reduced price targets after the results, including Goldman Sachs to $16, JPMorgan to $14, Barclays to $12, RBC to $13, Telsey to $13, and Wells Fargo to $11, reflecting more cautious expectations for near-term performance.

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.