This consumer staple stock makes sense for nervous investors. Kraft Heinz Co. (NYSE: KHC) is the third-largest food and beverage company in North America and the fifth-largest in the world, with eight $1 billion+ brands. A globally trusted producer of delicious foods, Kraft Heinz provides high quality, great taste and nutrition for all eating occasions whether at home, in restaurants or on the go.
The company’s iconic brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.
Consumer staples are expected to continue to do well this year, and this is one of the top companies in the sector. The company reported very solid earnings, and analysts across Wall Street are generally bullish on the potential for solid earnings continuing through 2017 and beyond.
Shareholders receive a 2.77% dividend. Merrill Lynch has a $100 price target, and the consensus target is $90.29. The shares closed Tuesday at $86.67.
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Recent KHC News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 08:53:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:50:56 PM
- Bagel Bites is Back! Beloved Brand Returns to Canadian Grocery Shelves Nationwide • Business Wire • 05/07/2024 12:00:00 PM
- Les fameuses pizzas collations Bagel Bites sont de retour! La marque préférée des consommateurs fait son grand retour sur les étagères d’épiceries canadiennes partout au pays • Business Wire • 05/07/2024 12:00:00 PM
- Oscar Mayer’s New Stuffed Dogs Bring Bold Flavors and Crave-Worthy Cheese to Grocery Store Shelves • Business Wire • 05/07/2024 11:01:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 09:29:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 09:26:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 09:22:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 09:20:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 09:19:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 09:14:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 09:06:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/06/2024 03:08:41 PM
- Kraft Heinz and TGI Fridays® Announce New Perpetual Licensing Deal to Sell TGI Fridays Branded Frozen Appetizers in Retail • Business Wire • 05/01/2024 12:00:00 PM
- The Kraft Heinz Company Declares Regular Quarterly Dividend of $0.40 Per Share • Business Wire • 05/01/2024 11:01:00 AM
- Kraft Heinz Reports First Quarter 2024 Results • Business Wire • 05/01/2024 11:00:00 AM
- VELVEETA Unveils its First-Ever, Ready-to-Eat Queso in Three Cheesy Flavors • Business Wire • 04/30/2024 10:00:00 AM
- Kraft Heinz’s mio Launches TAP: First-Ever Faucet that Instantly Turns Tap Water into an Energy Drink • Business Wire • 04/16/2024 10:00:00 AM
- Samsung Surpasses Apple in Q1 Smartphone Market; Salesforce in Talks to Acquire Informatica, and More News • IH Market News • 04/15/2024 11:06:48 AM
- The Kraft Heinz Company Foundation Commits $15 Million Over Three Years to Rise Against Hunger to Provide 463 Million Meals to People in Need • Business Wire • 04/09/2024 12:00:00 PM
- The Kraft Heinz Company to Report First Quarter 2024 Results on May 1, 2024 • Business Wire • 04/08/2024 01:00:00 PM
- Yes, Chef! KRAFT Unveils New Line of Restaurant-Worthy Creamy Sauces • Business Wire • 04/03/2024 11:00:00 AM
- Lunchables® est de retour! Après quinze ans, la marque se retrouve à nouveau sur les étagères canadiennes pour inspirer la créativité et encourager les enfants • Business Wire • 04/03/2024 10:00:00 AM
- Live La Dolce VELVEETA with New Limited-Edition VELVEETA Gold Hair Dye • Business Wire • 04/01/2024 10:00:00 AM
- Kraft Heinz Seeks to Reduce Carbon Emissions by Over 99% Across 10 U.S. Plants With Help from a $170 Million Investment from U.S. Department of Energy • Business Wire • 03/25/2024 01:00:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM