121,575 Shares in Conagra Brands $CAG Acquired by Campbell & CO Investment Adviser LLC

Key Points

• Campbell & CO Investment Adviser LLC purchased a new stake of 121,575 shares in Conagra Brands during Q2 (≈$2.49M), and institutional investors/hedge funds now own about 83.75% of the stock.
• Conagra announced a quarterly dividend of $0.35 (annualized $1.40), implying a 8.2% yield and a dividend payout ratio of 79.55%.
• The company reported Q EPS of $0.39 (vs. $0.33 expected) with revenue down 5.8% YoY, set FY2026 guidance of 1.70–1.85 EPS (analysts expect ~2.35), and carries a MarketBeat consensus rating of "Reduce" with a $21.92 target.

Campbell & CO Investment Adviser LLC purchased a new stake in shares of Conagra Brands (NYSE:CAG - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 121,575 shares of the company's stock, valued at approximately $2,489,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in Conagra Brands in the 1st quarter valued at $27,000. Quaker Wealth Management LLC boosted its holdings in Conagra Brands by 202.3% during the second quarter. Quaker Wealth Management LLC now owns 1,227 shares of the company's stock valued at $25,000 after acquiring an additional 2,427 shares during the period. Summit Securities Group LLC acquired a new stake in shares of Conagra Brands in the first quarter valued at about $45,000. ST Germain D J Co. Inc. increased its stake in shares of Conagra Brands by 130.8% in the second quarter. ST Germain D J Co. Inc. now owns 1,992 shares of the company's stock worth $41,000 after purchasing an additional 1,129 shares during the period. Finally, Parkside Financial Bank & Trust increased its stake in shares of Conagra Brands by 50.7% in the second quarter. Parkside Financial Bank & Trust now owns 1,995 shares of the company's stock worth $41,000 after purchasing an additional 671 shares during the period. 83.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on CAG. Zacks Research raised Conagra Brands from a "strong sell" rating to a "hold" rating in a report on Thursday, October 2nd. Morgan Stanley increased their price objective on Conagra Brands from $20.00 to $21.00 and gave the company an "equal weight" rating in a research report on Wednesday, September 24th. Wells Fargo & Company boosted their target price on shares of Conagra Brands from $19.00 to $20.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 2nd. Evercore ISI cut their target price on shares of Conagra Brands from $24.00 to $23.00 and set an "in-line" rating for the company in a research note on Wednesday, September 24th. Finally, UBS Group reduced their price target on shares of Conagra Brands from $20.00 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, September 24th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus price target of $21.92.

Insider Activity at Conagra Brands

In other news, SVP Melissa C. Napier sold 13,011 shares of the company's stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $17.19, for a total value of $223,659.09. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.57% of the company's stock.

Conagra Brands Trading Up 2.5%

Shares of Conagra Brands stock opened at $17.12 on Monday. Conagra Brands has a 52-week low of $16.60 and a 52-week high of $28.69. The firm has a market capitalization of $8.19 billion, a PE ratio of 9.72, a price-to-earnings-growth ratio of 1.65 and a beta of 0.03. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.06 and a quick ratio of 0.44. The company's fifty day moving average price is $18.46 and its two-hundred day moving average price is $20.14.

Conagra Brands (NYSE:CAG - Get Free Report) last announced its quarterly earnings results on Wednesday, October 1st. The company reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.06. Conagra Brands had a net margin of 7.42% and a return on equity of 11.72%. The firm had revenue of $2.63 billion during the quarter, compared to analysts' expectations of $2.62 billion. During the same quarter last year, the company earned $0.53 earnings per share. The company's revenue for the quarter was down 5.8% compared to the same quarter last year. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. On average, analysts expect that Conagra Brands will post 2.35 EPS for the current year.

Conagra Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Thursday, October 30th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, October 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 8.2%. Conagra Brands's dividend payout ratio (DPR) is presently 79.55%.

Conagra Brands Company Profile

Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.

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