Albertsons Companies (NYSE:ACI) Price Target Raised to $16.00

by · The Cerbat Gem

Albertsons Companies (NYSE:ACI – Free Report) had its target price lifted by Royal Bank Of Canada from $13.00 to $16.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has an outperform rating on the stock.

A number of other research analysts have also commented on ACI. The Goldman Sachs Group lowered their price objective on shares of Albertsons Companies from $24.00 to $16.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. Barclays cut their target price on Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating for the company in a research report on Friday, July 24th. Bank of America restated an “underperform” rating and issued a $12.00 target price (down from $16.00) on shares of Albertsons Companies in a research report on Wednesday. Citigroup reaffirmed a “neutral” rating and set a $11.00 price target (down from $17.00) on shares of Albertsons Companies in a research note on Monday, July 27th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Albertsons Companies in a research note on Wednesday, August 26th. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $14.62.

Get Our Latest Stock Analysis on Albertsons Companies

Albertsons Companies Stock Up 0.6%

Albertsons Companies stock opened at $13.11 on Wednesday. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of -119.15, a PEG ratio of 2.23 and a beta of 0.40. The company has a current ratio of 0.82, a quick ratio of 0.21 and a debt-to-equity ratio of 5.89. The company’s 50-day moving average price is $12.24 and its two-hundred day moving average price is $14.16. Albertsons Companies has a 52 week low of $10.86 and a 52 week high of $20.00.

Albertsons Companies (NYSE:ACI – Get Free Report) last issued its quarterly earnings results on Tuesday, October 13th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. The company had revenue of $18.89 billion during the quarter, compared to analyst estimates of $18.87 billion. Albertsons Companies had a negative net margin of 0.06% and a positive return on equity of 52.17%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS. On average, analysts expect that Albertsons Companies will post 1.64 EPS for the current fiscal year.

Albertsons Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Friday, October 23rd will be given a $0.17 dividend. The ex-dividend date is Friday, October 23rd. This represents a $0.68 annualized dividend and a yield of 5.2%. Albertsons Companies’s payout ratio is -618.18%.

Insider Buying and Selling at Albertsons Companies

In other Albertsons Companies news, CEO Susan Morris acquired 39,409 shares of Albertsons Companies stock in a transaction dated Tuesday, July 28th. The stock was bought at an average price of $11.42 per share, for a total transaction of $450,050.78. Following the transaction, the chief executive officer owned 1,092,956 shares in the company, valued at approximately $12,481,557.52. This trade represents a 3.74% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Sharon Mccollam acquired 9,000 shares of the stock in a transaction dated Friday, July 31st. The stock was acquired at an average cost of $11.48 per share, for a total transaction of $103,320.00. Following the purchase, the chief financial officer directly owned 567,051 shares in the company, valued at approximately $6,509,745.48. The trade was a 1.61% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders acquired 218,909 shares of company stock valued at $2,515,826. 1.18% of the stock is owned by insiders.

Institutional Trading of Albertsons Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fifth Third Bancorp lifted its stake in Albertsons Companies by 2,707.5% during the first quarter. Fifth Third Bancorp now owns 123,867 shares of the company’s stock valued at $2,111,000 after buying an additional 119,455 shares in the last quarter. WINTON GROUP Ltd acquired a new position in shares of Albertsons Companies in the second quarter worth about $3,910,000. Public Employees Retirement System of Ohio purchased a new position in shares of Albertsons Companies in the second quarter worth approximately $1,531,000. III Capital Management increased its position in shares of Albertsons Companies by 78.9% in the fourth quarter. III Capital Management now owns 215,370 shares of the company’s stock worth $3,698,000 after acquiring an additional 95,000 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Albertsons Companies in the second quarter worth approximately $3,658,000. 71.35% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Albertsons Companies

Here are the key news stories impacting Albertsons Companies this week:

  • Positive Sentiment: RBC raised its price target for Albertsons to $16, signaling improved potential upside from current trading levels. RBC raises target for Albertsons stock to USD 16.00
  • Neutral Sentiment: Albertsons appointed Harmit Singh, Levi Strauss’ chief financial officer, to its board. The addition brings an experienced consumer and retail executive to the board, although the announcement did not include a change to financial expectations. Albertsons Appoints Harmit Singh to Board of Directors
  • Neutral Sentiment: Wells Fargo maintained a Hold rating on ACI, indicating limited conviction that the stock will materially outperform or underperform in the near term. Wells Fargo Remains a Hold on Albertsons Companies
  • Negative Sentiment: Albertsons paused its financial guidance while undertaking a multiyear business review. Same-store sales declined 0.8% in the second quarter of fiscal 2026, highlighting pressure on customer demand and increasing uncertainty around the company’s outlook. Albertsons: 3 Key Takeaways for Long-Term Investors
  • Negative Sentiment: Bank of America reaffirmed its Underperform rating, reinforcing concerns about Albertsons’ operating performance and investment outlook. Bank of America Reaffirms Underperform Rating for Albertsons
  • Negative Sentiment: Goldman Sachs downgraded ACI from Buy to Neutral with a $13 price target, while JPMorgan cut its rating from Overweight to Neutral with a $14 target. The downgrades suggest analysts see a more balanced risk-reward profile after recent weakness. JPMorgan Downgrades Albertsons to Neutral

About Albertsons Companies

(Get Free Report)

Albertsons Companies, Inc is a U.S. food and drug retailer headquartered in Boise, Idaho. The company operates supermarkets, pharmacies and related retail businesses under banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Carrs and Haggen.

Its stores offer groceries, fresh produce, meat and seafood, bakery and deli items, household products, health and beauty products, and pharmacy services. Albertsons also provides private-label products, fuel at select locations, grocery delivery and pickup, digital shopping tools, and customer loyalty programs.

The company’s history traces to 1939, when Joe Albertson opened the first Albertsons store in Boise.

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