Franklin Street Advisors Inc. NC Increases Stock Position in Kraft Heinz Company $KHC

Franklin Street Advisors Inc. NC increased its stake in shares of Kraft Heinz Company (NASDAQ:KHC) by 70.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 994,375 shares of the company’s stock after purchasing an additional 410,029 shares during the period. Kraft Heinz makes up 1.3% of Franklin Street Advisors Inc. NC’s investment portfolio, making the stock its 28th largest holding. Franklin Street Advisors Inc. NC owned 0.08% of Kraft Heinz worth $23,487,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jessup Wealth Management Inc bought a new stake in Kraft Heinz in the 4th quarter worth approximately $27,000. Reflection Asset Management bought a new position in shares of Kraft Heinz during the 4th quarter valued at $28,000. DV Equities LLC purchased a new position in shares of Kraft Heinz in the 4th quarter worth $29,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Kraft Heinz in the first quarter worth $27,000. Finally, Key Capital Management INC bought a new stake in shares of Kraft Heinz in the fourth quarter worth $29,000. Institutional investors own 78.17% of the company’s stock.

Key Kraft Heinz News

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

• Positive Sentiment: Quarterly results exceeded expectations: Kraft Heinz reported Q2 sales of approximately $6.26 billion and adjusted EPS of $0.56, ahead of consensus estimates of $6.18 billion and $0.53, respectively. The company also maintained its 2026 adjusted EPS outlook of $2.03–$2.09. Kraft Heinz Q2 Earnings Beat Estimates Despite Organic Sales Dip
• Positive Sentiment: Early signs of stabilization are encouraging: Management said consumption trends and market share are improving, with losses narrowing to 30 basis points. Kraft Heinz plans to add $100 million in second-half marketing investment to support brand momentum and pursue volume-led growth in 2027. KHC Q2 Earnings Call Raises Brand Spending on Early Traction
• Positive Sentiment: Credit outlook improved: JPMorgan upgraded Kraft Heinz’s credit recommendation to Overweight, citing better results, disciplined balance-sheet management and confidence that the company can fund brand investment while controlling leverage. JPMorgan Upgrades Kraft Heinz Credit to Overweight
• Neutral Sentiment: Income support remains intact: Kraft Heinz declared a quarterly dividend of $0.40 per share, preserving an annualized payout of $1.60. The high yield may attract income investors, although it also reflects concerns about the company’s growth and valuation. 3 Big Dividends and One Case Study in How a Yield Trap Ends
• Negative Sentiment: Headline results were severely distorted: Kraft Heinz posted a net loss of roughly $5.46 billion, primarily because of goodwill and intangible-asset impairment charges totaling about $7.4 billion. Although noncash, the write-down highlights weaker expectations for certain brands and weighs on confidence. Kraft Heinz Is Down After Massive Impairment-Fueled Loss
• Negative Sentiment: Turnaround costs and weak demand remain risks: Organic sales declined, while inflation, lower volumes and increased marketing and innovation spending are expected to make 2026 the company’s margin trough. Analysts therefore characterize the recovery as promising but cautious rather than established. Kraft Heinz Earnings Call Signals Cautious Turnaround

Kraft Heinz Stock Performance

NASDAQ:KHC opened at $25.32 on Monday. The stock has a 50-day simple moving average of $24.65 and a two-hundred day simple moving average of $23.76. Kraft Heinz Company has a 52-week low of $21.03 and a 52-week high of $28.10. 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 firm has a market capitalization of $30.02 billion, a PE ratio of -8.85 and a beta of 0.08.

Kraft Heinz (NASDAQ:KHC) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.53 by $0.03. Kraft Heinz had a positive return on equity of 7.10% and a negative net margin of 13.64%.The firm had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.18 billion. During the same quarter last year, the company earned $0.69 earnings per share. The business’s revenue for the quarter 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. Analysts forecast that Kraft Heinz Company will post 2.06 EPS for the current year.

Kraft Heinz Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, September 4th. Kraft Heinz’s dividend payout ratio is currently -55.94%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Piper Sandler increased their target price on Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday. Weiss Ratings downgraded Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kraft Heinz from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Thursday, May 7th. Wells Fargo & Company raised their price objective on shares of Kraft Heinz from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Finally, UBS Group boosted their target price on shares of Kraft Heinz from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Kraft Heinz currently has a consensus rating of “Reduce” and an average target price of $23.62.

Insider Buying and Selling

In other Kraft Heinz news, insider Diana Frost sold 18,502 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $23.05, for a total transaction of $426,471.10. Following the sale, the insider owned 102,667 shares in the company, valued at approximately $2,366,474.35. This trade represents a 15.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.24% of the company’s stock.

About Kraft Heinz

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.