Kraft Heinz Company $KHC Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lessened its position in Kraft Heinz Company (NASDAQ:KHC) by 9.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,865,038 shares of the company’s stock after selling 188,531 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Kraft Heinz were worth $42,374,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. bought a new position in Kraft Heinz during the second quarter worth about $1,803,911,000. Pacer Advisors Inc. lifted its stake in shares of Kraft Heinz by 7.3% during the 1st quarter. Pacer Advisors Inc. now owns 9,270,503 shares of the company’s stock worth $208,494,000 after buying an additional 633,645 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Kraft Heinz by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 7,944,618 shares of the company’s stock worth $178,663,000 after purchasing an additional 149,034 shares during the period. Nykredit A S bought a new position in Kraft Heinz during the second quarter worth about $181,408,000. Finally, Deutsche Bank AG bought a new position in Kraft Heinz in the 2nd quarter valued at about $179,876,000. Institutional investors own 78.17% of the company’s stock.

Kraft Heinz Trading Up 3.8%

Shares of Kraft Heinz stock opened at $25.46 on Thursday. Kraft Heinz Company has a 12-month low of $21.03 and a 12-month high of $28.09. The company has a market cap of $30.19 billion, a price-to-earnings ratio of -8.90, 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 price is $24.00 and its 200-day moving average price is $23.90.

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

Kraft Heinz Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 23rd. Stockholders of record on Friday, December 4th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, December 4th. 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: Adjusted Q3 earnings were $0.53 per share, above analyst estimates of $0.42, while revenue of $6.12 billion also edged past expectations. Kraft Heinz raised its 2026 adjusted earnings outlook and full-year sales view, with growth in emerging markets contributing. Article: Kraft Heinz earnings beat estimates despite falling sales
• Positive Sentiment: The company agreed to sell its North American coffee business, including Maxwell House, to One Rock Capital Partners at a $650 million enterprise value. Kraft Heinz will retain a 30% stake; management says the deal can unlock portfolio value and support its turnaround. Article: Kraft Heinz to divest its North American coffee business
• Positive Sentiment: Kraft Heinz declared a quarterly dividend of $0.40 per share, payable Dec. 23 to shareholders of record Dec. 4. Article: Kraft Heinz declares regular quarterly dividend
• Neutral Sentiment: Management indicated price increases are likely in 2027 as inflation persists. Higher prices could help offset costs, but the impact on shoppers and demand is uncertain. Article: Kraft Heinz says 2027 price hikes are likely
• Negative Sentiment: Despite the quarterly beat, revenue fell 2% year over year and adjusted EPS declined from $0.61 a year earlier. Inflation, weaker consumer demand and margin pressure remain headwinds; management also said trade and marketing timing boosted operating profit versus expectations, tempering the quality of the beat. Article: Kraft Heinz earnings call signals progress amid inflation pressures

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Evercore set a $24.00 price objective on shares of Kraft Heinz 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 for the company in a research note on Tuesday, October 20th. Weiss Ratings lowered Kraft Heinz from a “sell (d)” rating to a “sell (d-)” rating in a report on Thursday, August 6th. Wells Fargo & Company cut their target price on Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Monday, October 5th. Finally, TD Cowen reissued a “hold” rating and set a $22.00 target price on shares of Kraft Heinz in a research report on Tuesday, September 22nd. One investment 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. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $23.80.

About Kraft Heinz

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company that develops, manufactures and markets branded products for consumers, retailers and foodservice customers. Its portfolio includes condiments and sauces, cheese and dairy products, meals, meats, snacks, beverages and desserts.

The company’s brands include Kraft, Heinz, Oscar Mayer, Philadelphia, Velveeta, Jell-O, Maxwell House, Lunchables, Capri Sun, Planters and Classico, among others. Products are sold through grocery stores, mass merchants, club stores, convenience retailers, e-commerce channels and foodservice distributors.

Kraft Heinz was created in 2015 through the merger of Kraft Foods Group and H.J.