Albertsons Companies
About: Albertsons is the second largest supermarket operator in the United States with over 2,200 stores across a variety of banners. About 80% of the firm's sales stem from non-perishable and fresh food, of which 25% comes from its portfolio of private brands. The company operates fuel centers and pharmacies at about 20% and 75% of its store locations, respectively. Albertsons went public in 2020 following years of ownership under private equity firm Cerberus Capital Management, which still owns about a fourth of outstanding shares.
Employees: 285,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
194% more call options, than puts
Call options by funds: $576M | Put options by funds: $196M
26% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 136
3% less funds holding
Funds holding: 439 [Q2] → 428 (-11) [Q3]
3.41% less ownership
Funds ownership: 76.47% [Q2] → 73.05% (-3.41%) [Q3]
11% less capital invested
Capital invested by funds: $8.75B [Q2] → $7.82B (-$930M) [Q3]
12% less funds holding in top 10
Funds holding in top 10: 25 [Q2] → 22 (-3) [Q3]
17% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 64
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
UBS Mark Carden 80% 1-year accuracy 8 / 10 met price target | 23%upside $24 | Neutral Maintained | 17 Dec 2024 |
RBC Capital Steven Shemesh 67% 1-year accuracy 33 / 49 met price target | 13%upside $22 | Outperform Maintained | 17 Dec 2024 |
Telsey Advisory Group Joe Feldman 75% 1-year accuracy 3 / 4 met price target | 33%upside $26 | Outperform Upgraded | 17 Dec 2024 |
Morgan Stanley Simeon Gutman 50% 1-year accuracy 18 / 36 met price target | 3%downside $19 | Equal-Weight Maintained | 11 Dec 2024 |
Evercore ISI Group Michael Montani 76% 1-year accuracy 13 / 17 met price target | 3%downside $19 | In-Line Maintained | 3 Dec 2024 |
Financial journalist opinion
Based on 37 articles about ACI published over the past 30 days
