Citigroup Reiterates Buy Rating on Albertsons Companies, Inc.
Citigroup continues its positive outlook on Albertsons Companies, Inc., maintaining a buy rating and a $17 price target, a 28.79% upside from the current price.
Key Points
- Citigroup reiterated its buy rating for Albertsons Companies, Inc. (ACI) with a price target of $17 on June 29, 2026.
- Citigroup's $17 price target implies 28.79% upside from Albertsons Companies, Inc.'s ($ACI) current $13.20 share price.
- Shares of ACI traded near $13.59 on Monday, with a market cap of $6.66 billion and a forward P/E of 5.52.
- Notable institutional activity includes BlackRock increasing its stake by 14.1% to 41.7 million shares valued at $711 million.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 29, 2026, Citigroup reiterated its buy rating on Albertsons Companies, Inc. (NYSE: ACI), setting a price target of $17. This reaffirmation by analyst Paul Lejuez suggests continued confidence in the grocery store giant.
Citigroup vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Other Institutional Activity in Albertsons Companies
Several institutional investors have been active in Albertsons Companies. BlackRock, Inc. increased its stake by 5,166,020 shares, bringing its total to 41,739,684 shares worth about $711 million, a 14.1% increase. Vanguard Portfolio Management LLC opened a new position with 18,181,489 shares valued at $310 million. FMR LLC reduced its holdings by 4,457,059 shares to 16,656,538 shares, a decrease of 21.1%. Dimensional Fund Advisors LP added 1,583,741 shares, ending with 15,013,525 shares valued at $256 million, marking an 11.8% increase.
Albertsons Companies, Inc. Stock Up 5.3%
Shares of Albertsons Companies, Inc. traded near $13.59 on Monday. The company has a market capitalization of approximately $6.66 billion. It features a P/E ratio of 34.0 and a forward P/E of 5.52, with a beta of 0.228. Over the past 52 weeks, the stock has ranged from a low of $13.31 to a high of $22.78. The stock's 50-day moving average is $15.86, and its 200-day moving average is $17.18. Albertsons has a current ratio of 0.86 and a quick ratio of 0.15, with a high debt-to-equity ratio of 833.07.
$ACI price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Albertsons Companies reported revenue of $83.17 billion with a growth rate of 7.7%. The company posted an EPS of $0.40, reflecting a net margin of 0.26% and a return on equity of 8.33%. The next earnings report is scheduled for July 21, 2026.
Dividend
The company pays an annual dividend of $0.68 per share, yielding 5.0% at current prices. The dividend payout ratio stands at 1.5.
Insider Buying and Selling at Albertsons Companies, Inc.
Insider trading activity at Albertsons includes sales by Anuj Dhanda, Chief Tech & Transformation Officer, and Sharon McCollam, President & CFO, on December 1, 2025. Both sold shares at an average price of $18.10. Recent buys in May 2026 include Scott Wille, Michael Withers, EVP of Retail Operations West, Sharon McCollam, and Sarah Mensah.
Analysts Set New Price Targets
On June 29, 2026, Citigroup maintained its buy rating with a $17 price target. Wells Fargo also maintained a buy rating with an $18 target. Earlier, on April 15, UBS and JP Morgan both maintained buy ratings with targets of $20 and $22, respectively. RBC Capital reiterated a buy rating with a $21 target on April 6, 2026. The consensus target price is $20.94, based on 16 analyst opinions.
About Albertsons Companies, Inc.
Albertsons Companies, Inc. operates a wide range of food and drug retail stores across the United States under several banners, including Safeway, Vons, and Jewel-Osco. Headquartered in Boise, Idaho, and led by CEO Susan D. Morris, the company employs over 106,000 people. It offers a variety of products and services, including groceries, pharmacy, fuel, and digital platforms.
Bottom Line
Citigroup's reiterated buy rating on Albertsons Companies reflects ongoing confidence in the company's prospects. With a diverse portfolio of retail brands and a strong presence in the grocery industry, Albertsons continues to attract institutional interest. As always, remember that analyst ratings are one of many factors investors consider, and they are based on past performance and current market conditions.
Get Albertsons Companies, Inc. alerts
New 13F filings, insider trades, and analyst moves on $ACI, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.