Foster & Motley Inc. increases stake in Kraft Heinz; Q2 EPS exceeds estimates, revenue down 3.3% YoY.

Foster & Motley Inc. raised its stake in The Kraft Heinz Company by 13.3%, totaling 97,145 shares after purchasing more. Insider Cory Onell sold 4,076 shares recently. Kraft Heinz reported a Q2 EPS of $0.78, exceeding estimates by $0.05, with revenue at $6.50 billion, down 3.3% year-over-year. The company declared a quarterly dividend of $0.40 per share, payable on September 27. Institutional investors hold 78.17% of the stock.

September 06, 2024
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