Tocqueville Asset Management L.P. Invests $805,000 in Kraft Heinz Company $KHC

Tocqueville Asset Management L.P. acquired a new stake in shares of Kraft Heinz Company (NASDAQ:KHC) in the second quarter, Holdings Channel reports. The firm acquired 34,062 shares of the company’s stock, valued at approximately $805,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Kraft Heinz by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 102,933,219 shares of the company’s stock worth $2,496,131,000 after acquiring an additional 616,283 shares during the period. Swiss Life Asset Management Ltd increased its position in Kraft Heinz by 148.4% during the 4th quarter. Swiss Life Asset Management Ltd now owns 2,168,874 shares of the company’s stock valued at $52,595,000 after purchasing an additional 1,295,688 shares during the period. Westhampton Capital LLC bought a new stake in shares of Kraft Heinz in the 4th quarter valued at about $1,222,000. Swedbank AB lifted its position in shares of Kraft Heinz by 10.2% in the 4th quarter. Swedbank AB now owns 1,359,161 shares of the company’s stock worth $32,960,000 after purchasing an additional 125,307 shares during the period. Finally, AustralianSuper Pty Ltd lifted its position in shares of Kraft Heinz by 68.7% in the 4th quarter. AustralianSuper Pty Ltd now owns 2,052,635 shares of the company’s stock worth $49,776,000 after purchasing an additional 835,554 shares during the period. 78.17% of the stock is currently owned by institutional investors.

Kraft Heinz Stock Performance

Shares of KHC opened at $25.57 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49. The firm has a market cap of $30.32 billion, a PE ratio of -8.94 and a beta of 0.08. Kraft Heinz Company has a 12 month low of $21.03 and a 12 month high of $28.10. The stock has a fifty day moving average price of $24.97 and a 200-day moving average price of $23.88.

Kraft Heinz (NASDAQ:KHC) last announced its earnings results on Wednesday, August 5th. The company reported $0.56 earnings per share 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 period in the previous year, the business earned $0.69 EPS. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 2.030-2.090 EPS. Equities research analysts predict that Kraft Heinz Company will post 2.06 earnings per share for the current fiscal year.

Kraft Heinz Dividend Announcement

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

Key Kraft Heinz News

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

• Positive Sentiment: Analysts see potential for a turnaround as Kraft Heinz increases investment in key brands. Early market-share gains and expected volume recovery in 2027 could improve earnings after a more pressured 2026. Emerging Markets are a notable growth opportunity, with reported organic sales growth of 8.5%. Kraft Heinz: Early Signs Of Turnaround Gaining Traction And Reasonable Valuation
• Positive Sentiment: Zacks Research raised its FY2027 EPS forecast to $2.09 from $2.04 and increased estimates for several 2027 quarters. The revisions suggest analysts expect current brand and marketing investments to begin producing stronger results in the following fiscal year. Kraft Heinz analyst estimates
• Positive Sentiment: Kraft Heinz is expanding its “Away From Home” business beyond ketchup to serve more restaurants, venues and other customers, creating a potential source of longer-term sales growth. Can Kraft Heinz’s Away From Home Expansion Support Long-Term Growth?
• Neutral Sentiment: Zacks maintained its FY2026 EPS outlook at $2.06, matching consensus, while lifting FY2028 EPS to $2.14 from $2.13 in its detailed estimates. This indicates relatively stable longer-term expectations despite quarterly adjustments.
• Negative Sentiment: Near-term estimates were reduced, including Q3 2026 EPS to $0.43 from $0.47, Q4 2026 EPS to $0.49 from $0.50, and Q1 2027 EPS to $0.52 from $0.53. FY2028 EPS was also trimmed to $2.14 from $2.15 in a separate revision, reinforcing concerns about execution and the cost of the investment cycle.
• Negative Sentiment: Recent commentary about declining consumer attachment to major American brands adds a broader risk for Kraft Heinz, whose portfolio depends heavily on established brands. The company’s latest reported revenue also declined year over year, while EPS fell from the prior-year period despite beating quarterly expectations. America’s brands lose their magic

Insider Activity at Kraft Heinz

In related news, insider Diana Frost sold 18,502 shares of Kraft Heinz stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $23.05, for a total value of $426,471.10. Following the completion of the sale, the insider directly owned 102,667 shares in the company, valued at $2,366,474.35. This trade represents a 15.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.24% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on KHC shares. UBS Group lifted their price objective on shares of Kraft Heinz from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Evercore set a $24.00 price target on Kraft Heinz in a report on Thursday, August 6th. Wells Fargo & Company boosted their price target on Kraft Heinz from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. Barclays upped their price objective on Kraft Heinz from $25.00 to $26.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. Finally, Piper Sandler lifted their target price on Kraft Heinz from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $23.62.

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.