Kellanova (K) to Release Quarterly Earnings on Thursday

Kellanova (NYSE:K - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $1.00 per share and revenue of $3.19 billion for the quarter.

Kellanova (NYSE:K - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.90 earnings per share for the quarter, missing analysts' consensus estimates of $1.01 by ($0.11). The company had revenue of $3.08 billion during the quarter, compared to analyst estimates of $3.16 billion. Kellanova had a net margin of 10.93% and a return on equity of 34.80%. The business's revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.01 EPS. On average, analysts expect Kellanova to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Kellanova Price Performance

Shares of Kellanova stock traded down $0.00 during midday trading on Friday, reaching $79.86. The company had a trading volume of 2,069,555 shares, compared to its average volume of 2,930,639. The company has a current ratio of 0.80, a quick ratio of 0.52 and a debt-to-equity ratio of 1.25. The company has a market capitalization of $27.71 billion, a price-to-earnings ratio of 20.17, a price-to-earnings-growth ratio of 4.25 and a beta of 0.28. The stock has a fifty day simple moving average of $80.48 and a 200 day simple moving average of $81.62. Kellanova has a 1-year low of $56.62 and a 1-year high of $83.22.

Kellanova Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.91%. This is a positive change from Kellanova's previous quarterly dividend of $0.57. Kellanova's dividend payout ratio (DPR) is currently 57.58%.

Insider Buying and Selling at Kellanova

In other news, major shareholder Kellogg W. K. Foundation Trust sold 114,583 shares of the business's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $79.54, for a total transaction of $9,113,931.82. Following the transaction, the insider directly owned 45,784,952 shares in the company, valued at $3,641,735,082.08. The trade was a 0.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders have sold 1,374,996 shares of company stock worth $111,198,218. 1.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Kellanova stock. Empowered Funds LLC lifted its position in shares of Kellanova (NYSE:K - Free Report) by 28.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,585 shares of the company's stock after acquiring an additional 1,439 shares during the period. Empowered Funds LLC's holdings in Kellanova were worth $543,000 as of its most recent filing with the Securities and Exchange Commission. 83.87% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on K shares. Citigroup raised shares of Kellanova to a "neutral" rating and set a $83.50 target price for the company in a report on Thursday, May 29th. Wall Street Zen cut shares of Kellanova from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. Fourteen research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $79.75.

Kellanova Company Profile

Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles.