Albertsons Companies (NYSE:ACI) Receives Market Perform Rating from Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Albertsons Companies (NYSE:ACI) in a research report sent to investors on Tuesday morning, Benzinga reports. The brokerage currently has a $27.25 target price on the stock. Telsey Advisory Group also issued estimates for Albertsons Companies’ Q1 2025 earnings at $0.70 EPS, Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.72 EPS, Q4 2025 earnings at $0.50 EPS, FY2025 earnings at $2.42 EPS and FY2026 earnings at $2.53 EPS.

Other equities research analysts have also recently issued research reports about the company. Tigress Financial reaffirmed a buy rating and set a $27.00 target price on shares of Albertsons Companies in a research report on Friday, January 12th. Royal Bank of Canada decreased their price objective on shares of Albertsons Companies from $23.00 to $22.00 and set an outperform rating for the company in a report on Tuesday. Roth Mkm upgraded shares of Albertsons Companies from a neutral rating to a buy rating and set a $24.00 target price on the stock in a research note on Tuesday. Finally, Evercore ISI cut their target price on shares of Albertsons Companies from $23.00 to $22.00 and set an in-line rating for the company in a research report on Tuesday, April 16th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Albertsons Companies presently has a consensus rating of Moderate Buy and a consensus target price of $24.45.

Albertsons Companies Stock Performance

ACI opened at $20.14 on Tuesday. The company has a debt-to-equity ratio of 2.83, a quick ratio of 0.19 and a current ratio of 0.84. The company has a market cap of $11.63 billion, a PE ratio of 9.03, a price-to-earnings-growth ratio of 0.95 and a beta of 0.50. The stock has a 50-day moving average of $20.83 and a 200-day moving average of $21.60. Albertsons Companies has a 52-week low of $19.84 and a 52-week high of $23.88.

Albertsons Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Friday, April 26th will be paid a $0.12 dividend. The ex-dividend date is Thursday, April 25th. This represents a $0.48 annualized dividend and a dividend yield of 2.38%. Albertsons Companies’s payout ratio is 21.52%.

Hedge Funds Weigh In On Albertsons Companies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Peddock Capital Advisors LLC grew its position in Albertsons Companies by 2.2% in the 4th quarter. Peddock Capital Advisors LLC now owns 23,401 shares of the company’s stock worth $538,000 after purchasing an additional 500 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of Albertsons Companies by 0.5% in the third quarter. Asset Management One Co. Ltd. now owns 107,919 shares of the company’s stock valued at $2,455,000 after buying an additional 519 shares during the period. Verus Capital Partners LLC grew its position in Albertsons Companies by 3.7% during the third quarter. Verus Capital Partners LLC now owns 14,998 shares of the company’s stock worth $341,000 after buying an additional 540 shares in the last quarter. Miracle Mile Advisors LLC grew its position in Albertsons Companies by 3.7% during the third quarter. Miracle Mile Advisors LLC now owns 16,645 shares of the company’s stock worth $379,000 after buying an additional 600 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System increased its stake in Albertsons Companies by 0.4% during the third quarter. State Board of Administration of Florida Retirement System now owns 169,902 shares of the company’s stock valued at $3,865,000 after acquiring an additional 620 shares during the period. Institutional investors own 71.35% of the company’s stock.

Albertsons Companies Company Profile

Albertsons Companies, Inc, through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores.