Kraft Heinz (KHC)

• Market cap: $36.7B
• 1 day: 0.57%
• 5 days: 3.42%
• 1 month: -1.53%
• 3 months: -0.40%
• 6 months: -13.87%
• Year to date: -1.72%
• 1 year: -18.05%
• 5 years: 20.14%
• 10 years: -58.55%
• Sector: Consumer Staples
• Industry: Canned, Frozen & Preserved Fruits, Vegetables, and Food Specialties

About: In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm has a growing presence in foodservice. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

Employees: 36,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

10% more first-time investments, than exits

New positions opened: 153 | Existing positions closed: 139

8% more funds holding in top 10

Funds holding in top 10: 12 [Q3] → 13 (+1) [Q4]

0.22% more ownership

Funds ownership: 80.87% [Q3] → 81.08% (+0.22%) [Q4]

6% less call options, than puts

Call options by funds: $399M | Put options by funds: $423M

1% less funds holding

Funds holding: 1,168 [Q3] → 1,156 (-12) [Q4]

10% less repeat investments, than reductions

Existing positions increased: 402 | Existing positions reduced: 449

11% less capital invested

Capital invested by funds: $34.5B [Q3] → $30.5B (-$3.91B) [Q4]

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $28 7% downside
• Avg. target: $30 0% upside
• High target: $35 16% upside

13 analyst ratings

• positive: 0 0%
• neutral: 10 77%
• negative: 3 23%

Morgan Stanley Megan Alexander 53% 1-year accuracy 9 / 17 met price target	4% downside $29	Underweight Initiated	24 Mar 2025
Barclays Andrew Lazar 33% 1-year accuracy 7 / 21 met price target	4% downside $29	Equal-Weight Maintained	14 Feb 2025
Citigroup Thomas Palmer 16% 1-year accuracy 5 / 32 met price target	7% downside $28	Neutral Downgraded	13 Feb 2025
Goldman Sachs Leah Jordan 64% 1-year accuracy 7 / 11 met price target	7% downside $28	Sell Maintained	13 Feb 2025
JP Morgan Ken Goldman 50% 1-year accuracy 6 / 12 met price target	3% upside $31	Neutral Maintained	13 Feb 2025