Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan.

Analysts have provided Kraft Heinz with 7 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $28.0, suggesting a potential 0.88% downside.

Hidden among Kraft Heinz Co.’s brightly colored assets exists an unusual source of value: an over-funded pension plan.

Kraft Heinz, TGI Fridays extend frozen appetizers deal Kraft Heinz backs FY24 adjusted EPS view $3.01-$3.07, consensus $3.04 Kraft Heinz reports Q1 adjusted EPS 69c, consensus 69c SHARE THIS POST ...

Kraft has the larger retirement plans of the two, by far. As of the end of 2014, Kraft, which has 22,000 employees, projected its defined benefit pension obligation to be $8.3 billion.

Kraft Heinz contributed $311 million to its U.S. pension plans in 2016, which included contributions related to the settlement of a non-qualified pension plan that was terminated effective Dec. 31 ...