140,547 Shares of Kraft Heinz Company $KHC Bought by Leelyn Smith LLC

Leelyn Smith LLC acquired a new position in shares of Kraft Heinz Company (NASDAQ:KHC) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 140,547 shares of the company’s stock, valued at approximately $3,193,000.

A number of other large investors have also recently bought and sold shares of KHC. BlackRock Inc. bought a new position in Kraft Heinz in the 2nd quarter valued at about $1,803,911,000. Nykredit A S bought a new stake in shares of Kraft Heinz during the 2nd quarter worth approximately $181,408,000. Deutsche Bank AG bought a new stake in shares of Kraft Heinz during the 2nd quarter worth approximately $179,876,000. Bank of New York Mellon Corp bought a new stake in shares of Kraft Heinz during the 2nd quarter worth approximately $170,097,000. Finally, Legal & General Group Plc acquired a new stake in shares of Kraft Heinz during the 2nd quarter worth approximately $142,611,000. 78.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KHC has been the topic of a number of recent analyst reports. TD Cowen reissued a “hold” rating and issued a $22.00 price objective on shares of Kraft Heinz in a research note on Tuesday, September 22nd. Piper Sandler upped their target price on Kraft Heinz from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. reduced their target price on Kraft Heinz from $24.00 to $23.00 and set an “underweight” rating on the stock in a report on Tuesday, October 20th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $32.00 target price on shares of Kraft Heinz in a report on Thursday, September 24th. Finally, UBS Group lifted their price target on Kraft Heinz from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Thursday. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $23.80.

Kraft Heinz Trading Down 2.7%

KHC opened at $24.64 on Friday. The company has a market cap of $29.18 billion, a P/E ratio of -8.62, a PEG ratio of 2.99 and a beta of 0.12. 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 company’s 50 day moving average is $24.01 and its 200-day moving average is $23.92. Kraft Heinz Company has a 1-year low of $21.03 and a 1-year high of $28.09.

Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.11. The business had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.09 billion. Kraft Heinz had a negative net margin of 13.64% and a positive return on equity of 7.10%. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.61 EPS. Equities research analysts predict that Kraft Heinz Company will post 2.06 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

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

Key Headlines 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

About Kraft Heinz