Illinois Municipal Retirement Fund Raises Position in Kraft Heinz Company $KHC

Illinois Municipal Retirement Fund grew its holdings in shares of Kraft Heinz Company (NASDAQ:KHC) by 23.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 504,173 shares of the company’s stock after acquiring an additional 95,556 shares during the period. Illinois Municipal Retirement Fund’s holdings in Kraft Heinz were worth $13,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new stake in Kraft Heinz during the second quarter valued at about $276,159,000. Nordea Investment Management AB lifted its position in shares of Kraft Heinz by 75.1% during the 3rd quarter. Nordea Investment Management AB now owns 13,694,483 shares of the company’s stock valued at $351,263,000 after buying an additional 5,873,967 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Kraft Heinz by 14.7% during the 2nd quarter. Geode Capital Management LLC now owns 26,446,203 shares of the company’s stock valued at $681,663,000 after acquiring an additional 3,392,470 shares during the period. Marshall Wace LLP increased its holdings in Kraft Heinz by 1,645.9% in the 2nd quarter. Marshall Wace LLP now owns 1,880,281 shares of the company’s stock worth $48,549,000 after acquiring an additional 1,772,581 shares in the last quarter. Finally, Fairfax Financial Holdings Ltd. Can raised its stake in Kraft Heinz by 45.4% during the 2nd quarter. Fairfax Financial Holdings Ltd. Can now owns 4,884,000 shares of the company’s stock worth $126,056,000 after acquiring an additional 1,525,000 shares during the period. 78.17% of the stock is owned by institutional investors.

Kraft Heinz News Roundup

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

• Positive Sentiment: Kraft Heinz declared a $0.40 quarterly dividend (about a 6.6% yield), supporting income investor demand and providing a shareholder cash-return anchor. Dividend Press Release
• Positive Sentiment: Management is shifting to a growth/reinvestment plan — announcing a $600M investment push into marketing, sales and product development and forecasting roughly $950M in 2026 capital spending — which could help revive weak brands and improve long‑term sales if execution succeeds. Kraft Heinz forecasts about $950 million in 2026 capital spending
• Neutral Sentiment: Q4 earnings: adjusted EPS of $0.67 beat estimates but revenue was slightly below expectations and organic sales fell, a mixed report that limits clear near‑term upside despite the beat. Q4 Earnings Beat
• Negative Sentiment: Management paused the planned separation into two companies — a strategy many investors saw as a path to unlock value — and instead will reinvest in the combined business; the pivot unsettled investors and was cited as a key reason for the stock decline. Kraft Heinz pauses work on separation
• Negative Sentiment: FY2026 EPS guidance (1.98–2.10) came in below street estimates, signaling limited near‑term earnings upside and prompting analyst re‑ratings. Full Year Results & Guidance
• Negative Sentiment: Multiple broker moves cut price targets and ratings after the strategic pivot and softer guidance — notable actions include JPMorgan downgrading to underweight ($22 PT) and other firms trimming targets (Evercore, BNP Paribas Exane), increasing downside pressure from analysts. JPMorgan Downgrade Evercore ISI Price Target Cut

Kraft Heinz Stock Down 2.7%

KHC opened at $24.32 on Friday. The company has a market capitalization of $28.79 billion, a PE ratio of -4.92 and a beta of 0.08. The firm has a 50-day simple moving average of $24.00 and a two-hundred day simple moving average of $25.36. The company has a quick ratio of 0.73, a current ratio of 1.15 and a debt-to-equity ratio of 0.46. Kraft Heinz Company has a 52 week low of $21.99 and a 52 week high of $33.35.

Kraft Heinz (NASDAQ:KHC) last posted its earnings results on Wednesday, February 11th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.38 billion. Kraft Heinz had a positive return on equity of 7.07% and a negative net margin of 23.44%.The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.84 earnings per share. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Analysts forecast that Kraft Heinz Company will post 2.68 earnings per share for the current fiscal year.

Kraft Heinz Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.6%. Kraft Heinz’s dividend payout ratio (DPR) is -42.90%.

Analyst Upgrades and Downgrades

KHC has been the subject of a number of analyst reports. HSBC reduced their price objective on shares of Kraft Heinz from $29.00 to $27.00 in a research note on Thursday, October 30th. Zacks Research raised shares of Kraft Heinz from a “strong sell” rating to a “hold” rating in a report on Thursday, January 1st. Jefferies Financial Group decreased their price target on Kraft Heinz from $24.00 to $23.00 and set a “hold” rating on the stock in a report on Tuesday, January 20th. Morgan Stanley lowered their price objective on Kraft Heinz from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 30th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Kraft Heinz from $27.00 to $26.00 in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $25.32.

Insiders Place Their Bets

In related news, insider Miguel Patricio sold 125,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $24.82, for a total transaction of $3,102,500.00. Following the sale, the insider owned 686,817 shares of the company’s stock, valued at $17,046,797.94. This represents a 15.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.35% of the company’s stock.

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.