KHC - The Kraft Heinz Company

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
31.03
-0.70 (-2.21%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close31.73
Open31.80
Bid31.00 x 4000
Ask31.18 x 1400
Day's Range30.95 - 31.86
52 Week Range24.86 - 48.66
Volume6,645,608
Avg. Volume6,751,950
Market Cap37.893B
Beta (5Y Monthly)1.03
PE Ratio (TTM)N/A
EPS (TTM)-8.87
Earnings DateFeb 18, 2020 - Feb 23, 2020
Forward Dividend & Yield1.60 (5.04%)
Ex-Dividend DateNov 12, 2019
1y Target Est30.84
  • Barrons.com

    Range Resources’ Reminder: Dividends Don’t Always Rise

    With stocks regularly touching new highs these days and the economy still growing, the notion of a dividend cut seems far-fetched. Companies, after all, often increase their dividends every year like clockwork and typically strive to avoid decreases or suspensions.

  • Business Wire

    HEINZ Offers Football Fans 57-Cent Change Fees for Miami-Bound Flights

    With less than five days until the final four teams in the playoffs seal their fate, dedicated football fans are throwing caution and superstition to the wind by booking their flights to Miami with hopes of cheering their team to victory on football’s biggest stage. By Sunday night, fans whose team doesn’t make it all the way will be left with both a team out of the running and an added cost to change their flight, which only adds insult to injury. To reassure fans that even in the bleakest moments not all hope is lost, HEINZ is offering football fans a chance to win 57-cent change fees for Miami-bound flights.

  • Planters returning to Super Bowl with Mr. Peanut and Matt Walsh
    American City Business Journals

    Planters returning to Super Bowl with Mr. Peanut and Matt Walsh

    The familiar nut brand is making its second consecutive Super Bowl appearance as parent Kraft Heinz ramps up marketing on some high-profile products.

  • Business Wire

    MR. PEANUT Returns to the Super Bowl in a New Nutty Adventure With Matt Walsh

    PLANTERS, America’s 1 nut brand, is returning to the Super Bowl with a story that will show fans just how far MR. PEANUT will go to have his friends’ backs.

  • How Many The Kraft Heinz Company (NASDAQ:KHC) Shares Did Insiders Buy, In The Last Year?
    Simply Wall St.

    How Many The Kraft Heinz Company (NASDAQ:KHC) Shares Did Insiders Buy, In The Last Year?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

  • Outgoing Campbell's executive snags top job at major competitor
    American City Business Journals

    Outgoing Campbell's executive snags top job at major competitor

    Campbell's snacks divisions president is leaving the company to take a job with one of the company's biggest competitors.

  • Bloomberg

    Kraft Heinz Poaches Rising Star at Campbell in Rare Outside Hire

    (Bloomberg) -- Kraft Heinz Co., in the midst of building a turnaround plan, hired the leader of Campbell Soup Co.’s fast-growing snacks business to lead its U.S. operations.Carlos Abrams-Rivera, 52, will join Kraft Heinz in February. He previously was president of Campbell’s popular Pepperidge Farm brand, which makes Goldfish crackers and Mint Milano cookies. He also worked at Mondelez International Inc. and started his career at Kraft Foods before its 2015 merger with Heinz that was engineered by Warren Buffett and the private equity firm 3G Capital.Abrams-Rivera’s hiring is a rarity in a company that has stayed mostly within the 3G family when replenishing its executive ranks. Kraft Heinz Chief Executive Officer Miguel Patricio and Chief Procurement Officer Marcos Eloi both came from 3G-backed Anheuser-Busch InBev SA. Chief Financial Officer Paulo Basilio, who returned to the role in September, has been a partner at 3G since 2012.Since Patricio joined Kraft Heinz last year, investors have been eager to see how he will turn around the flailing business. The company had a tumultuous 2019 that included weak profit, a $15.4 billion writedown and an SEC subpoena. Amid this backdrop, it seems Kraft Heinz is moving beyond the typical 3G playbook, which is to slash costs until profit rises and then acquire competitors and repeat the process.“I want talent, and that’s what I’m looking for,” Patricio told Bloomberg in an interview Wednesday. He cited Abrams-Rivera’s track record at Campbell, including oversight of brands that proved to be consistently successful. The growth of Pepperidge Farm and Campbell’s acquisition of Snyder’s-Lance under Abrams-Rivera drew Kraft Heinz’s attention, he said.“The story of his career is building brands and turning brands around,” Patricio said.Abrams-Rivera will face that very challenge at Kraft Heinz. Patricio mentioned Heinz Ketchup and Philadelphia cream cheese as top performers that can keep growing. Oscar Mayer and Lunchables, meanwhile, are examples of brands that are ready to be turned around, he said.(Adds executives affiliated with 3G in third paragraph.)To contact the reporter on this story: Deena Shanker in New York at dshanker@bloomberg.netTo contact the editors responsible for this story: Sally Bakewell at sbakewell1@bloomberg.net, Jonathan Roeder, Lisa WolfsonFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.

  • Kraft Heinz names Campbell executive to head U.S. business
    Reuters

    Kraft Heinz names Campbell executive to head U.S. business

    Kraft Heinz Co on Wednesday named Campbell Soup Co executive Carlos Abrams-Rivera president of its U.S. business, the Heinz ketchup maker's latest executive hire as it aims to revitalize its business after a troubling year. New Kraft Heinz Chief Executive Miguel Patricio had been managing the Chicago-based company's U.S. business since he took over in July. The unit, which makes Oscar Mayer bacon and Velveeta cheese, is Kraft Heinz's biggest contributor to sales.

  • Business Wire

    Kraft Heinz Names Carlos Abrams-Rivera As New U.S. Zone President

    As The Kraft Heinz Company (Nasdaq: KHC) continues to rebuild its business momentum with a focus on driving business growth through consumer-first marketing, innovation and people development, CEO Miguel Patricio today announced that Carlos Abrams-Rivera will join his Senior Leadership Team as the new U.S. Zone President. Effective Feb. 3, 2020, Abrams-Rivera will lead all U.S. business operations, the company’s largest business.

  • 6 High-Yield Guru Stocks
    GuruFocus.com

    6 High-Yield Guru Stocks

    Kraft Heinz and Valero's high dividend ratios make the list Continue reading...

  • Business Wire

    Here’s Your Chance to Become the Next Oscar Mayer Wienermobile Driver

    It’s a new decade, which means time for change! If you are a recent college grad on the hunt for a new job, here’s a career you can truly relish. Oscar Mayer announced that submissions are now open for the 2020 class of Hotdoggers. Have you dreamt of seeing the country through the windshield of a 27-foot hot dog on wheels? Here’s your chance!

  • Moody's

    Kraft Foods Group, Inc. (OLD) -- Moody's assigns Prime-3 to Kraft Heinz $1 billion Euro CP program

    Moody's Investors Service, ("Moody's") today assigned a Prime-3 rating to Kraft Heinz Foods Company's ("Kraft Heinz") $1 billion Euro commercial paper program. Moody's also affirmed all existing ratings of parent The Kraft Heinz Company ("KHC") and its subsidiaries, including Kraft Heinz, Kraft Canada Inc., and H.J. Heinz Finance UK PLC. The ratings outlook is stable. Kraft Heinz has a 1 billion USD equivalent Euro commercial paper program that is used to fund general corporate needs, primarily of its U.S. and European operations.

  • Barrons.com

    Berkshire Hathaway Rides Apple and Other Stocks to Big Fourth-Quarter Gains

    The Warren Buffett-led company’s gigantic equity portfolio ended the fourth quarter on a strong note, given the outsize increase in its largest holding, Apple, and broad gains in its financial stocks.

  • Business Wire

    Kraft Hockeyville™ USA Is Looking for the Most-Spirited Hockey Communities in America

    Kraft Hockeyville™ USA is back again this year to find America’s most-spirited hockey community. Together with the National Hockey League (NHL) and the National Hockey League Players’ Association (NHLPA), Kraft Heinz is looking to crown one hockey community in America with the Kraft Hockeyville™ USA 2020 title, award $150,000 in rink upgrades along with $10,000 worth of hockey equipment through the NHLPA Goals & Dreams program, and provide the chance to host an NHL® Pre-Season Game in their community rink.

  • Is Kraft Heinz (KHC) Doomed to Have a Terrible 2020 Too?
    Zacks

    Is Kraft Heinz (KHC) Doomed to Have a Terrible 2020 Too?

    Kraft Heinz (KHC) is bearing the brunt of higher expenses and adverse currency rates.However, the company's enterprise transformation strategy bodes well.

  • The Kraft Heinz Company (KHC) vs. Top 20 Hedge Fund Stocks in 2019
    Insider Monkey

    The Kraft Heinz Company (KHC) vs. Top 20 Hedge Fund Stocks in 2019

    Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]

  • The Bottom Pattern on Kraft Heinz Needs More Development
    TheStreet.com

    The Bottom Pattern on Kraft Heinz Needs More Development

    Kraft Heinz has been basing/stabilizing since March and that sideways price action is likely to continue longer. KHC suffered a serious decline from early 2017 and that sort of loss can require a longer-than-normal period of rebasing and rebuilding before a new uptrend is revealed. In this daily bar chart of KHC, below, we can see that prices are now above the rising 50-day simple moving average line.

  • 7 Safe Dividend Stocks for Investors to Buy Right Now
    InvestorPlace

    7 Safe Dividend Stocks for Investors to Buy Right Now

    [Editor's note: "7 Safe Dividend Stocks for Investors to Buy Right Now" was previously published in October 2019. It has since been updated to include the most relevant information available.]Income investors are looking for sources of yield again, as interest rates are low once more and the safe sources of fixed-income yield are drying up.Against that backdrop, conservative dividend stocks look like better and better alternatives to bonds for income investors. We saw a similar trend play out in 2015-16, with rate sensitive stocks soaring. Then, those gave way as the economy picked up steam and investors rushed back into big growth names like the FAANG stocks -- Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Stocks for 2020 Here are seven conservative dividend stocks to buy for income investors. Exxon Mobil (XOM)Source: Shutterstock Dividend Yield: 5%If you're a short-term trader, energy stocks have been a terrible place to be this year. But for dividend investors, the longer this slump drags on, the better.Take Exxon Mobil (NYSE:XOM) for example. XOM stock has gone essentially nowhere since 2005. The combination of plunging natural gas prices and the renewed weakness in crude oil scared everyone out of the sector. But with that mass departure comes opportunity.XOM stock is now yielding 5%. That's its highest level since the early 1990s. It's hard to overstate how pessimistic folks have gotten on oil and gas. But for the big dogs with great balance sheets, like Exxon, this is their time to shine. They can buy up assets from struggling and bankrupt rivals for cents on the dollar, and wait for the cycle to turn.Exxon's management is now planning for aggressive growth at the same time, so many other firms are having to pull back. In fact, Exxon is looking to double cash flow and earnings over the next five years. If it can do so, Exxon stock stock will soar. And you get a 5% dividend yield while you wait. BP (BP)Source: Shutterstock Dividend Yield: 6.45%Exxon isn't the only energy stock worth considering thanks to the latest sell-off in energy shares. Dividend investors should also take a look at BP (NYSE:BP) stock at these prices. BP got itself into hot water ages ago with the Deepwater Horizon tragedy, and the stock has underperformed ever since then.But the company's liabilities associated with that are almost gone now. Meanwhile, the company has greatly cut costs, making itself profitable even in current low-energy-pricing conditions.Skeptics had suggested that BP stock would have to cut its dividend to get through this difficult period for oil and gas companies. Instead, BP was able to maintain its juicy yield. * 10 Best Stocks for 2020 It's worth remembering that the United Kingdom and U.S. have a tax arrangement that ensures investors pay no foreign dividend taxes on their British shareholdings. This makes BP a nice option for dividend investors seeking to diversify their income streams beyond American sources. Kraft Heinz (KHC)Source: Shutterstock Dividend Yield: 5%It has been a great year for consumer staples stocks. In general, the sector has moved sharply higher, and many stalwarts like Hershey (NYSE:HSY) are up 40% or more and hitting new all-time highs. However, not all staples stocks have blasted off.For example, there is Kraft Heinz (NASDAQ:KHC). Kraft Heinz suffered an unbelievable decline from a peak of $90 to $27 in just a few years. Despite involvement from investing legends including Warren Buffett and 3G Capital, Kraft Heinz imploded thanks to failing growth prospects and excessive leverage.But don't count out the condiments and packaged foods maker just yet. The company has sold off non-core assets and adjusted its capital allocation to shore up the balance sheet. Management is changing its branding strategy as well. And at these depressed prices, KHC stock is undervalued even compared to other struggling sector laggards, to say nothing of industry leaders like Hershey and McCormick (NYSE:MKC).Even assuming Kraft Heinz only gets back to comparable enterprise value/EBITDA and price-to-earnings ratios with other lower-tier packaged foods stocks, it should still trade back up to $40 from the current $32 valuation.And at this price, KHC stock yields 5%. In a world that is increasingly starved for meaningful yield, Kraft Heinz will become irresistible to income investors. Hormel Foods (HRL)Source: Shutterstock Dividend Yield: 2.05%Another solid choice in the staples industry at this point is Hormel Foods (NYSE:HRL) stock.Forget about vegan meat for a second, there's way more dividend potential in the real stuff. Hormel is known for its legacy SPAM brand, but it makes a great assortment of lunchmeats, bacon and canned meals as well.It has acquired natural and organic meat brands to appeal to millennial consumers in recent years. It has also diversified in organic nut-butters, guacamole, Mexican salsas and other more youth-orientated products.Hormel stock enjoyed a tremendous run the last time interest rates plummeted a few years ago; HRL stock shot up 50% in six months. Since then, Hormel has traded sideways, however, as investors moved back out of dividend stocks. But its earnings are up 25% over the same period. * 10 Best Stocks for 2020 With investors piling back into yield plays, however, Hormel Foods should soar to new all-time highs. The African swine fever has been a bump in the road. Higher pork prices have hurt margins. But as pricing reverts to normal in 2020, Hormel's earnings per share should soar above $2, supporting a $50 share price based on its historical median earnings ratio.Hormel is the lowest-yielding stock on this list, at 2%. But it is a dividend king with more than 50 years of consecutive dividend hikes.It has consistently grown its dividend (and its earnings) at more than 10% per year for decades now. This means that investors get a starting yield significantly higher than in bonds, with rapid increases to their income stream over time. With dividend aristocrats back in style, HRL stock is heading to new all-time highs. Molson Coors Brewing (TAP)Source: Shutterstock Dividend Yield: 4.2%Turning from food to beer, we have Molson Coors Brewing (NYSE:TAP) stock. The big macro-brewers have seen their stocks implode in recent years based on craft beer fears. And those were valid fears. But note the past tense.In 2018, U.S. craft beer grew just 3% overall, with many of the leading craft brewers showing an outright decline in production. Arguably, craft beer over-expanded, and has now lost its cutting-edge trendiness.Meanwhile, there's still plenty of people that like macro beers, along with cheaper brews in general. The major beer companies still control nearly 80% of the American market after all. And Molson Coors plays to both lanes; it owns leading craft brands such as Blue Moon to complement its mainstream holdings.Why buy TAP stock now though? For one thing, it's at multi-year lows and its decision to rebrand and revamp should add shareholder value. Wells Fargo (WFC)Source: Shutterstock Dividend Yield 3.8%Investors don't like bank stocks much right now. In fact, other than energy, there's little that is more disliked at the moment. And with that comes opportunity.Interest rates have plummeted so rapidly since last year, and the bond market is now pricing in the equivalent of six Fed rate cuts to the long end of the curve.As the rate curve heads back to more normal levels, banks will benefit. Right now, people are pricing in a massive drop in profits for the industry going forward, but this could reverse on a dime. * 10 Best Stocks for 2020 Who wins? Wells Fargo (NYSE:WFC) stock is one obvious winner. Investors have shunned the bank since the account scandals a few years ago. But the bank has thrown out old management and moved on. Meanwhile, the stock price has gone nowhere for many years as capital piles up. This is allowing it to go on an aggressive shareholder return plan now.Wells Fargo is now paying a nearly a 4% dividend yield. On top of that, the company has authorization to repurchase more than 10% of its total outstanding float over the next year. Add it up, and the bank is offering a shareholder yield of nearly 15%. Throw in any improvement in the economic outlook, and we could see WFC stock rise 25% over the next year and pay a generous dividend along the way. PacWest Bancorp (PACW)Source: Shutterstock Dividend Yield: 6.15%The other banking dividend stock to consider today is PacWest Bancorp (NASDAQ:PACW), which offers a dividend yield of over 6% at the moment.Headquartered in Los Angeles, PacWest is a major player in the California market and currently sports a $4.6 billion market cap. That puts it in a sweet spot, size-wise, where it may still be a buyout candidate, but it is large enough to manage the rising costs of regulation and banking technology costs.Despite the horrid state of the California housing market in 2008, PacWest survived the crisis. In fact, its shares never came close to zero during the panic. The bank has come out stronger and is now generating record profits. Thanks to the corporate tax cuts in particular, PACW stock is now at a cheap P/E ratio of just 10.1 times its trailing earnings.At the time of this writing, Ian Bezek owned BP, PACW, WFC, KHC, MKC, HSY, HRL, and XOM stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Monthly Dividend Stocks to Buy to Pay the Bills * 9 High-Growth Stocks to Buy Now for Monster Returns * 7 Healthy Dividend Stocks to Buy for Extra Stability The post 7 Safe Dividend Stocks for Investors to Buy Right Now appeared first on InvestorPlace.

  • Benzinga

    How The Dow Jones Industrial Average Changed Over The Past Decade

    The U.S. stock market was on fire in the 2010s, and Dow Jones Industrial Average components were certainly in on the fun. The SPDR Dow Jones Industrial Average ETF (NYSE: DIA ) is up 176.1% in the past ...

  • Barrons.com

    Conagra Stock Soars on Earnings, Rise in Sales. It’s Having a Better Year Than Kraft.

    Stock in Conagra, maker of Slim Jim, Duncan Hines and Orville Redenbacher’s products, rose more than 17% in midday trading as sales growth improved.

  • Unilever Might Be Better Off Out of the Food Business
    Bloomberg

    Unilever Might Be Better Off Out of the Food Business

    (Bloomberg Opinion) -- Unilever NV has made a great deal of “instilling purpose” into its products, trying to flag up the social and environmental credentials of things from Dove shower gel to Magnum ice cream to appeal to millennial consumers. It doesn’t seem to be doing much for its sales.The Anglo-Dutch company surprised the stock market on Tuesday, warning that revenue growth this year would be below its 3% to 5% range. And it won’t bounce back quickly. Unilever forecasts sales increases will be in the lower half of its target range in 2020, with most progress coming in the second half.The company said it was suffering from an economic slowdown in south Asia, particularly India, Pakistan and Bangladesh, and difficult trading conditions in west Africa. Meanwhile, its big-selling north American products such as ice cream and hair care are still recovering from a sluggish period, while competition is fierce in parts of Europe.Yet Unilever must take some of the blame for its own predicament. Its rival Nestle SA has managed steady sales growth, while pulling off some canny acquisitions and disposals.After a failed takeover approach from Kraft Heinz Co. back in 2017, Unilever set the goal of lifting its operating margin from 16% to 20% by 2020. Alan Jope, the chief executive officer, could have ditched this target when he took the reins at the start of this year to give himself more firepower to invest. But it seems he’s sticking with it: The company said on Tuesday that the goal wouldn’t be affected by the sales slowdown. While Unilever insists it’s spending enough on research and development and marketing, Jope may have to back his biggest brands with more funds to make sure they’re competitive. That would have to come at the expense of margins. He also needs to decide in which categories Unilever wants to compete, and reshape its sprawling portfolio accordingly. It’s admirable that the company generates close to 60% of its sales in emerging markets, and operates in popular areas such as beauty and personal care. Unfortunately, it is also over-exposed to more sluggish food ranges such as tea and dressings.Jope could do worse than learn from Nestle’s CEO Mark Schneider. The latter has been quick to prune unwanted categories, recently selling its U.S. ice cream business to a joint venture between itself and private equity. Nestle has also been buying in its preferred product areas, such as coffee.Unilever, meanwhile, has been less bold, undertaking a plethora of small acquisitions — from fake meat to fancy laundry products. The group generated only about 0.5 percentage points of growth from its acquisitions and disposals in the first half of the financial year; Jope says he’ll slow the pace of bolt-on deals and step up disposals.If he doesn’t hurry, someone else might attempt to do some portfolio tidying for him. Kraft Heinz isn’t in a position to make another approach. But an activist investor may be tempted. Selling Unilever’s foods and refreshments business for cash is a possibility, although a demerger might be complicated by Unilever’s dual British and Dutch structure.The food unit could have an enterprise value of 55 billion euros ($61 billion), according to UBS analysts. So offloading it would generate proceeds to invest in higher growth products, while allowing the return of cash to investors. On a price-to-earnings basis, Nestle’s premium over Unilever is widening. An aggressive investor may spot a corporate purpose of their own.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Benzinga

    Kraft Heinz Enters Cashierless Checkout Business With $12M Investment

    Zippin combines computer vision, artificial intelligence and sensor fusion technology to create a checkout experience completely devoid of human interaction, the companies said in a press release. Zippin's technology is already operational, most notably at a concession stand at the home of the NBA's Sacramento Kings. As part of the $12-million Series A round led by Evolv Ventures, Zippin said it will accelerate new store launches across grocery stores, convenience chains, sports facilities, airports and more.

  • Kraft Heinz's VC arm leads $12M funding round for this innovative startup
    American City Business Journals

    Kraft Heinz's VC arm leads $12M funding round for this innovative startup

    Evolv stakes Zippin, developer of technology that offers consumers a checkout-free shopping experience in brick-and-mortar stores.

  • GuruFocus.com

    Smashed, Smushed, Trampled: This Year's Worst Performers

    Some of this year’s worst-performing stocks will vanish into history, but others will claw their way back Continue reading...