Will The Kraft Heinz Company (KHC) Stock Price Cross Over $40?

Group 1 - Longleaf Partners Fund reported a return of -0.33% in Q3 2025, underperforming the S&P 500's 8.12% and the Russell 1000 Value's 5.33% [1] - The fund emphasizes investments in real assets and brands that generate growing free cash flow (FCF) per share, with an anticipated rise in FCF multiple from ~10x to the mid-teens [1] - The Kraft Heinz Company (NASDAQ:KHC) experienced a one-month return of -3.13% and a 52-week loss of 27.36%, closing at $25.41 per share with a market capitalization of $29.857 billion on October 23, 2025 [2] Group 2 - Longleaf Partners Fund believes the market is overly focused on legacy headwinds for The Kraft Heinz Company and is missing the value-creating potential of its upcoming split into two businesses [3] - The split is expected to result in the higher-growth Flavor Elevation unit garnering a teens EBITDA multiple, while the stable remaining company could trade at the same multiple as current Kraft valuations, leading to a combined stock price over $40 per share [3] - UBS maintains a neutral stance on The Kraft Heinz Company, noting it is not among the 30 most popular stocks among hedge funds, with 45 hedge fund portfolios holding the stock at the end of Q2 2025 [4]