In this article, we will look at 5 best organic food stocks to invest in. If you want to read our detailed analysis of the organic food industry which highlights key trends and major players, you can go directly to 10 Best Organic Food Stocks To Invest In.
5. The Kraft Heinz Company (NASDAQ:KHC)
Number of Hedge Fund Holders: 35
The Kraft Heinz Company (NASDAQ:KHC) manufactures and markets food and beverage products in the United States, Canada, the United Kingdom, and internationally. The company offers a range of organic products as part of its portfolio of more than 200 premium brands that are sold in roughly 200 countries across the globe. The Kraft Heinz Company (NASDAQ:KHC) is the third-largest food and beverage company in North America and the fifth-largest food and beverage company in the world, which justifies its high rank among the best organic food stocks to invest in now.
In addition to being a food and beverages giant, The Kraft Heinz Company (NASDAQ:KHC) is an undervalued dividend player. As of June 10, the stock has a forward PE ratio of 13.94, a forward dividend yield of 4.28%, and has gained 9.14% over the past six months.
On April 27, The Kraft Heinz Company (NASDAQ:KHC) announced that its board of directors have declared a quarterly cash dividend of $0.40 per share of the company’s common stock.
Hedge funds are raising their stakes in The Kraft Heinz Company (NASDAQ:KHC). Insider Monkey found 35 hedge funds bullish on the stock at the close of Q1 2022. The total stakes of these funds amounted to $13.44 billion, up from $12.21 billion in the previous quarter with 39 positions.
As of March 31, Berkshire Hathaway is the leading shareholder in The Kraft Heinz Company (NASDAQ:KHC), owning over 325.63 million shares of the company which amounts to a stake of $12.82 billion. The investment covers 3.52% of Warren Buffett’s 13F portfolio.