Bryn Mawr Trust Advisors LLC Sells 141,932 Shares of Kraft Heinz Company $KHC

Bryn Mawr Trust Advisors LLC decreased its holdings in shares of Kraft Heinz Company (NASDAQ:KHC) by 51.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 132,771 shares of the company’s stock after selling 141,932 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Kraft Heinz were worth $3,220,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Key Capital Management INC bought a new stake in Kraft Heinz during the 4th quarter valued at approximately $29,000. New England Capital Financial Advisors LLC lifted its stake in shares of Kraft Heinz by 70.2% in the fourth quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock valued at $30,000 after buying an additional 511 shares during the period. Rakuten Securities Inc. lifted its stake in shares of Kraft Heinz by 172.4% in the second quarter. Rakuten Securities Inc. now owns 1,245 shares of the company’s stock valued at $32,000 after buying an additional 788 shares during the period. Anfield Capital Management LLC lifted its stake in shares of Kraft Heinz by 256.7% in the third quarter. Anfield Capital Management LLC now owns 1,270 shares of the company’s stock valued at $33,000 after buying an additional 914 shares during the period. Finally, Sentry Investment Management LLC bought a new stake in shares of Kraft Heinz in the third quarter valued at about $38,000. Institutional investors own 78.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Thursday, March 12th. Zacks Research upgraded shares of Kraft Heinz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Morgan Stanley set a $22.00 target price on shares of Kraft Heinz in a research note on Thursday, April 23rd. Jefferies Financial Group reduced their target price on shares of Kraft Heinz from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating for the company in a research note on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Kraft Heinz has a consensus rating of “Reduce” and a consensus target price of $23.06.

Kraft Heinz News Roundup

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

• Positive Sentiment: Kraft Heinz reported better-than-expected Q1 sales and analysts have been raising attention around the improving turnaround story, suggesting early traction in its core brands. Article Title
• Positive Sentiment: The company is boosting marketing spending, launching new products like upgraded Kraft Mac & Cheese and Ore-Ida Tater Tots, and signing a five-year NFL sponsorship deal, all of which could help brand visibility and sales. Article Title
• Positive Sentiment: Kraft Heinz launched a $1.1 billion debt tender offer, a move that may improve balance-sheet flexibility and support the company’s broader restructuring efforts. Article Title
• Neutral Sentiment: Management is talking more openly about inflation pressure and lower-income consumers running out of room on spending, which explains why Kraft Heinz is leaning hard into value pricing. Article Title
• Negative Sentiment: BNP Paribas Exane lowered its price target on Kraft Heinz, which could temper enthusiasm despite the recent operational improvements. Article Title

Kraft Heinz Stock Down 0.1%

Shares of KHC opened at $23.93 on Monday. The stock has a market cap of $28.37 billion, a price-to-earnings ratio of -4.92 and a beta of 0.06. The company has a quick ratio of 0.82, a current ratio of 1.20 and a debt-to-equity ratio of 0.46. Kraft Heinz Company has a 12 month low of $21.03 and a 12 month high of $29.19. The company has a 50-day moving average price of $22.78 and a two-hundred day moving average price of $23.82.

Kraft Heinz (NASDAQ:KHC) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. The firm had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.89 billion. Kraft Heinz had a negative net margin of 23.05% and a positive return on equity of 7.26%. The company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the company earned $0.62 earnings per share. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Equities analysts predict that Kraft Heinz Company will post 2.06 EPS for the current fiscal year.

Kraft Heinz Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, June 5th. This represents a $1.60 dividend on an annualized basis and a yield of 6.7%. Kraft Heinz’s dividend payout ratio (DPR) is currently -32.92%.

Insider Buying and Selling

In other Kraft Heinz news, insider Cory Onell sold 9,045 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $24.61, for a total transaction of $222,597.45. Following the completion of the transaction, the insider owned 202,454 shares in the company, valued at $4,982,392.94. This trade represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.24% of the stock is currently owned by corporate insiders.

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.