Albertsons Companies
About: Albertsons is the second largest supermarket operator in the United States with more than 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
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
288% more call options, than puts
Call options by funds: $741M | Put options by funds: $191M
61% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 67
12% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 137
12% more capital invested
Capital invested by funds: $7.88B [Q3] → $8.8B (+$914M) [Q4]
5% more funds holding
Funds holding: 432 [Q3] → 455 (+23) [Q4]
3.55% more ownership
Funds ownership: 73.68% [Q3] → 77.23% (+3.55%) [Q4]
22% less funds holding in top 10
Funds holding in top 10: 23 [Q3] → 18 (-5) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$19
8%
downside
Avg. target
$23
13%
upside
High target
$26
27%
upside
7 analyst ratings
4 positive
57%
3 neutral
43%
0 negative
0%
Goldman Sachs Leah Jordan 70% 1-year accuracy 7 / 10 met price target | 27%upside $26 | Buy Reinstated | 4 Feb 2025 |
Citigroup Paul Lejuez 61% 1-year accuracy 23 / 38 met price target | 27%upside $26 | Buy Reinstated | 24 Jan 2025 |
RBC Capital Steven Shemesh 69% 1-year accuracy 35 / 51 met price target | 7%upside $22 | Outperform Reiterated | 9 Jan 2025 |
Telsey Advisory Group Joe Feldman 100% 1-year accuracy 5 / 5 met price target | 27%upside $26 | Outperform Maintained | 9 Jan 2025 |
UBS Mark Carden 70% 1-year accuracy 7 / 10 met price target | 17%upside $24 | Neutral Maintained | 17 Dec 2024 |
Financial journalist opinion
Based on 4 articles about ACI published over the past 30 days
Neutral
Business Wire
15 hours ago
Albertsons Companies, Inc. Announces Changes to Board of Directors
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. announces changes to Board of Directors today.
Neutral
Business Wire
2 days ago
Albertsons Companies, Inc. Announces Pricing of Its Senior Notes Offering
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies announced the pricing of its private offering of $600 million aggregate principal amount of its 6.250% senior notes due 2033.
Neutral
Business Wire
2 days ago
Albertsons Companies, Inc. Announces Proposed Senior Notes Offering
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. announced its intention to offer $600 million in aggregate principal amount of new senior notes due 2033.
Neutral
Seeking Alpha
2 weeks ago
Trump's New Tariffs: Top U.S.-Centric Stocks Amid Escalating Trade Tensions
Tariffs and currency headwinds are impacting costs and currency, making US retail and service-related stocks a nice hedge. Key stocks to consider include home improvement, grocery, automotive retail, and waste management. Hedging against tariff uncertainty should become a theme in years to come.
Neutral
Business Wire
1 month ago
Positive Beverage Brings Positive Energy® to the Aisles of Albertsons and Vons Stores in Southern California
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #AlbertsonsStores--Positive Beverage's sugar-free, sucralose-free energy drinks are now in 280+ Albertsons and Vons stores across Southern California.
Positive
Seeking Alpha
1 month ago
Albertsons Is Still Trading At A Steep Discount, Even After Strong Upside
Albertsons Companies remains a strong buy despite the blocked Kroger merger, with shares rising 13.7% since the merger collapse. The company shows growth in revenue and profits, driven by its pharmacy business and identical sales increases, despite some financial underperformance. Shares are attractively priced both on an absolute basis and relative to peers, with potential upside from litigation against Kroger Co.
Positive
Zacks Investment Research
1 month ago
Albertsons' Q3 Earnings Beat Estimates, Digital Sales Rise 23% Y/Y
ACI's third-quarter fiscal 2024 results highlight strong year-over-year growth in digital sales, pharmacy operations and membership in its loyalty program.
Positive
PYMNTS
1 month ago
Albertsons Doubles Down on Digital; Eyes Growth Despite Merger Setback
Under CEO Vivek Sankaran, Albertsons has invested heavily in digital transformation, customer engagement, and operational efficiency. Even after the halt of the proposed merger with Kroger, the company remained committed to expanding its digital capabilities, improving customer experiences and positioning itself for long-term growth.
Neutral
Seeking Alpha
1 month ago
Albertsons Companies, Inc. (ACI) Q3 2024 Earnings Call Transcript
Albertsons Companies, Inc. (NYSE:ACI ) Q3 2024 Earnings Call Transcript January 8, 2025 8:30 AM ET Company Participants Melissa Plaisance - SVP, IR, Treasury, and Risk Management Vivek Sankaran - CEO Sharon McCollam - President and CFO Conference Call Participants Ken Goldman - JPMorgan John Heinbockel - Guggenheim Partners Edward Kelly - Wells Fargo Rupesh Parikh - Oppenheimer Simeon Gutman - Morgan Stanley Mark Carden - UBS Leah Jordan - Goldman Sachs Robby Ohmes - Bank of America Scott Mushkin - R5 Capital Michael Montani - Evercore ISI Joe Feldman - Telsey Advisory Group Bill Kirk - ROTH Kelly Bania - BMO Capital Markets Chuck Cerankosky - Northcoast Research Jacob Aiken-Phillips - Melius Research Operator Welcome to the Albertsons Companies Third Quarter 2024 Earnings Conference Call, and thank you for standing by. All participants will be in a listen-only mode until the Q&A session.
Neutral
Zacks Investment Research
1 month ago
Albertsons Companies (ACI) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Albertsons Companies (ACI) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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