Kellanova (NYSE:K) Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Representative Gilbert Ray Cisneros, Jr. sold Kellanova (NYSE:K) shares worth between $1,001 and $15,000 on September 5th, indicating ongoing insider trading activity.
• Kellanova reported earnings of $0.94 per share for the quarter, missing expectations, while the company also declared an increased quarterly dividend of $0.58 per share.
• Wall Street analysts have mixed views on Kellanova, with ratings varying from "sell" to "buy," and a current average target price of $83.38.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Kellanova (NYSE:K). In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Kellanova stock on September 5th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 10/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 10/1/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 9/30/2025.
• Sold $15,001 - $50,000 in shares of Fortive NYSE: FTV on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 9/30/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi Heavy Industries OTCMKTS: MHVYF on 9/30/2025.

Kellanova Stock Performance

Shares of NYSE:K traded up $0.14 during mid-day trading on Tuesday, reaching $82.94. The company had a trading volume of 1,955,339 shares, compared to its average volume of 3,018,886. Kellanova has a one year low of $76.48 and a one year high of $83.22. The company has a current ratio of 0.68, a quick ratio of 0.45 and a debt-to-equity ratio of 1.03. The company's 50-day moving average price is $80.01 and its 200-day moving average price is $80.78. The firm has a market cap of $28.83 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 5.16 and a beta of 0.24.

Kellanova (NYSE:K - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.05). Kellanova had a net margin of 10.56% and a return on equity of 32.54%. The firm had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.19 billion. During the same quarter in the previous year, the firm earned $1.01 earnings per share. The business's quarterly revenue was up .3% compared to the same quarter last year. As a group, equities research analysts anticipate that Kellanova will post 3.93 EPS for the current fiscal year.

Kellanova Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, September 2nd. This is an increase from Kellanova's previous quarterly dividend of $0.57. Kellanova's dividend payout ratio (DPR) is 60.89%.

Institutional Investors Weigh In On Kellanova

Several large investors have recently added to or reduced their stakes in the business. Pinnacle Associates Ltd. raised its position in shares of Kellanova by 2.0% during the 1st quarter. Pinnacle Associates Ltd. now owns 6,373 shares of the company's stock valued at $526,000 after buying an additional 123 shares in the last quarter. Independent Advisor Alliance lifted its stake in Kellanova by 1.8% during the first quarter. Independent Advisor Alliance now owns 7,334 shares of the company's stock worth $605,000 after purchasing an additional 131 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Kellanova by 1.3% during the 1st quarter. Sequoia Financial Advisors LLC now owns 10,423 shares of the company's stock valued at $860,000 after purchasing an additional 132 shares during the last quarter. Cigna Investments Inc. New raised its holdings in shares of Kellanova by 5.3% during the 2nd quarter. Cigna Investments Inc. New now owns 2,797 shares of the company's stock valued at $222,000 after buying an additional 141 shares in the last quarter. Finally, Ethic Inc. boosted its stake in Kellanova by 0.9% in the second quarter. Ethic Inc. now owns 17,216 shares of the company's stock worth $1,360,000 after buying an additional 150 shares in the last quarter. Institutional investors own 83.87% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on K shares. Wall Street Zen downgraded shares of Kellanova from a "hold" rating to a "sell" rating in a report on Sunday, September 21st. JPMorgan Chase & Co. initiated coverage on shares of Kellanova in a report on Wednesday, August 20th. They issued a "neutral" rating and a $83.50 price objective for the company. Finally, Weiss Ratings upgraded shares of Kellanova from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $83.38.

Insider Activity at Kellanova

In other news, major shareholder Kellogg W. K. Foundation Trust sold 114,599 shares of the firm's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $79.55, for a total transaction of $9,116,350.45. Following the transaction, the insider directly owned 45,097,438 shares of the company's stock, valued at approximately $3,587,501,192.90. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 572,931 shares of company stock worth $45,755,411 over the last quarter. Company insiders own 1.80% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Kellanova

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.

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