Albertsons Companies, Inc. $ACI Position Increased by California State Teachers Retirement System

California State Teachers Retirement System grew its position in shares of Albertsons Companies, Inc. (NYSE:ACI) by 21.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 422,999 shares of the company’s stock after purchasing an additional 73,870 shares during the quarter. California State Teachers Retirement System’s holdings in Albertsons Companies were worth $7,208,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in ACI. CWM LLC increased its stake in Albertsons Companies by 103.5% during the 4th quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after buying an additional 730 shares during the period. NBC Securities Inc. raised its position in shares of Albertsons Companies by 91.2% during the 4th quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after buying an additional 885 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Albertsons Companies by 172.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock worth $35,000 after purchasing an additional 1,306 shares during the period. Fifth Third Bancorp boosted its stake in Albertsons Companies by 44.2% during the fourth quarter. Fifth Third Bancorp now owns 4,412 shares of the company’s stock valued at $76,000 after buying an additional 1,353 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its position in shares of Albertsons Companies by 32,526.7% during the 4th quarter. Global Retirement Partners LLC now owns 4,894 shares of the company’s stock valued at $84,000 after purchasing an additional 4,879 shares in the last quarter. Institutional investors own 71.35% of the company’s stock.

Albertsons Companies Trading Up 4.8%

NYSE:ACI opened at $12.05 on Wednesday. The company has a quick ratio of 0.21, a current ratio of 0.84 and a debt-to-equity ratio of 5.22. Albertsons Companies, Inc. has a 12 month low of $10.86 and a 12 month high of $20.02. The company’s 50 day moving average is $14.16 and its 200-day moving average is $16.09. The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 150.62, a P/E/G ratio of 1.97 and a beta of 0.42.

Albertsons Companies (NYSE:ACI) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.12). The business had revenue of $24.94 billion during the quarter, compared to analyst estimates of $24.84 billion. Albertsons Companies had a net margin of 0.08% and a return on equity of 45.59%. The company’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.55 earnings per share. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Equities analysts anticipate that Albertsons Companies, Inc. will post 1.64 EPS for the current year.

Albertsons Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued a dividend of $0.17 per share. The ex-dividend date is Friday, July 24th. This represents a $0.68 annualized dividend and a dividend yield of 5.6%. Albertsons Companies’s payout ratio is presently 850.00%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Zacks Research lowered Albertsons Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Wells Fargo & Company lowered Albertsons Companies from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $18.00 to $11.00 in a research report on Thursday, July 23rd. Telsey Advisory Group reissued a “market perform” rating and issued a $13.00 price objective (down from $22.00) on shares of Albertsons Companies in a research note on Friday, July 24th. Barclays decreased their price objective on Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating for the company in a research report on Friday, July 24th. Finally, Royal Bank Of Canada dropped their target price on Albertsons Companies from $20.00 to $13.00 and set an “outperform” rating on the stock in a report on Friday, July 24th. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $15.31.

Insider Activity at Albertsons Companies

In other news, EVP Thomas M. Moriarty purchased 170,500 shares of the business’s stock in a transaction on Monday, July 27th. The stock was purchased at an average price of $11.51 per share, with a total value of $1,962,455.00. Following the acquisition, the executive vice president directly owned 308,946 shares in the company, valued at approximately $3,555,968.46. The trade was a 123.15% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Susan Morris acquired 39,409 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were purchased at an average cost of $11.42 per share, for a total transaction of $450,050.78. Following the acquisition, the chief executive officer directly owned 1,092,956 shares in the company, valued at $12,481,557.52. This represents a 3.74% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 218,909 shares of company stock worth $2,515,826 over the last three months. Company insiders own 1.18% of the company’s stock.

Albertsons Companies Profile

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.