Kraft Heinz Company will transfer its stock listing from the Nasdaq to the New York Stock Exchange on Monday, September 14, a move the company calls its "natural home" as it enters its next chapter. The food giant, which has traded on the Nasdaq since the 2015 merger of Kraft Foods and H.J. Heinz, is making the switch amid a slight dip in its shares. The company's stock is down 9.9% over the past 52 weeks and currently trades 10.5% below its July high of $28.09. In its second-quarter results, Kraft Heinz reported net sales of $6.3 billion, down 1.4% year-over-year, and adjusted EPS of $0.56, down 18.8%, both beating Wall Street expectations. The company narrowed its fiscal 2026 organic net sales decline forecast to 0.5%-2% from a previous 1.5%-3.5% range, but expects constant-currency adjusted operating income to decline 16% to 18% due to about $700 million of incremental investment. Analysts have a consensus "Hold" rating on the stock, with an average price target of $24.29, while the street-high target of $29 suggests 15.4% upside. The company offers a dividend yield of 6.32% with a payout ratio of 66.14%.
The Kraft Heinz CompanyStock listing transfer to NYSE, with Q2 results and guidance mentioned
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