Wells Fargo Reiterates Buy Rating on Albertsons Companies, Inc.

Wells Fargo analyst Edward Kelly reiterated his buy rating on Albertsons Companies, Inc. (NYSE:ACI) on June 29, 2026, setting a price target of $18. This announcement comes as Albertsons' shares traded around $13.59 on Monday.

Other Institutional Activity in Albertsons Companies, Inc.

Several institutional investors made changes to their holdings in Albertsons. BlackRock, Inc. boosted its stake by 5,166,020 shares, now holding 41,739,684 shares valued at approximately $711.2 million, marking a 14.1% increase. Vanguard Portfolio Management LLC opened a new position, acquiring 18,181,489 shares worth about $309.8 million. Meanwhile, FMR LLC reduced its holdings by 4,457,059 shares, resulting in 16,656,538 shares valued at roughly $283.8 million, a 21.1% decrease. Dimensional Fund Advisors LP also increased its stake by 1,583,741 shares, holding 15,013,525 shares valued at $255.9 million, an 11.8% rise.

Albertsons Companies, Inc. Stock Up 5.3%

Shares of Albertsons Companies, Inc. (NYSE:ACI) traded near $13.59 on Monday. The company has a market capitalization of about $6.66 billion and a forward P/E ratio of 5.52. Its beta stands at 0.228, indicating lower volatility compared to the market. The stock's 52-week range spans from $13.31 to $22.78, with a 50-day moving average of $15.86 and a 200-day moving average of $17.18. Albertsons has a current ratio of 0.858 and a debt-to-equity ratio of 833.074, reflecting its financial leverage.

Recent Earnings

In its most recent earnings report, Albertsons Companies, Inc. posted revenue of approximately $83.17 billion, with a revenue growth rate of 7.7%. The company's earnings per share (EPS) stood at $0.40, while its net margin was a slim 0.261%. Return on equity (ROE) was reported at 8.33%. The next earnings announcement is expected on July 21, 2026.

Dividend

Albertsons offers a dividend rate of $0.68 per share, yielding 5.0%. The payout ratio is 1.5, indicating the portion of earnings paid out as dividends to shareholders.

Insider Buying and Selling at Albertsons Companies, Inc.

Recently, several insiders have been active in trading Albertsons' stock. On May 8, 2026, EVP of Retail Operations West, Michael Withers, and President & CFO, Sharon McCollam, bought 1,774 and 4,653 shares respectively. Additionally, insider Scott Wille purchased 114 shares on May 12, 2026. Earlier, on December 1, 2025, Chief Tech & Transformation Officer Anuj Dhanda and Sharon McCollam sold 1,905 and 2,274 shares, respectively.

Analysts Set New Price Targets

On June 29, 2026, Wells Fargo maintained its buy rating on Albertsons with an $18 price target. Other analysts have also shown interest; UBS, Citigroup, and JP Morgan all maintained buy ratings in April, with targets ranging from $20 to $22. RBC Capital reiterated a buy rating with a $21 target in April as well. Morgan Stanley, however, downgraded the stock to sell with a $14 target in January.

About Albertsons Companies, Inc.

Albertsons Companies, Inc. is a major player in the U.S. food and drug retail sector, headquartered in Boise, Idaho. The company operates a wide range of grocery stores under various banners, including Albertsons, Safeway, and Vons, among others. Albertsons also runs pharmacies, fuel centers, and digital platforms. Led by CEO Ms. Susan D. Morris, the company employs over 106,000 people.

Bottom Line

Wells Fargo's reiterated buy rating on Albertsons Companies, Inc. underscores the firm's confidence in the company's prospects. As institutional investors adjust their positions, Albertsons remains a focal point in the grocery retail sector. Investors will be watching closely as the company gears up for its next earnings report in July.