After this afternoon's 1.2% surge to $35.52 per share, Kraft Heinz might just keep moving past its target price of $34.25. With an average analyst rating of buy, and target prices from $26.62 to $41.31, the stock's next move is anyone's guess.
Kraft Heinz's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.2%. The stock's short ratio is 2.68. The company's insiders own 1.39% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 83.4%. In conclusion, we believe there is None regarding Kraft Heinz.
Institutions Invested in Kraft Heinz
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Berkshire Hathaway, Inc | 27% | 325,634,818 | $11,566,548,884 |
| 2023-09-30 | Blackrock Inc. | 7% | 86,447,332 | $3,070,609,272 |
| 2023-09-30 | Vanguard Group Inc | 6% | 70,215,597 | $2,494,058,037 |
| 2023-09-30 | State Street Corporation | 3% | 37,150,133 | $1,319,572,741 |
| 2023-09-30 | Bank of America Corporation | 2% | 30,535,768 | $1,084,630,493 |
| 2023-09-30 | Capital International Investors | 2% | 26,166,679 | $929,440,450 |
| 2023-09-30 | Invesco Ltd. | 2% | 24,601,098 | $873,831,012 |
| 2023-09-30 | Geode Capital Management, LLC | 1% | 15,840,527 | $562,655,526 |
| 2023-09-30 | Franklin Resources, Inc. | 1% | 13,508,858 | $479,834,642 |
| 2023-09-30 | Price (T.Rowe) Associates Inc | 1% | 12,604,669 | $447,717,848 |
