DA Davidson Comments on Kellanova's Q2 Earnings (NYSE:K)

Kellanova (NYSE:K - Free Report) - Investment analysts at DA Davidson issued their Q2 2025 earnings per share estimates for Kellanova in a research note issued to investors on Monday, May 5th. DA Davidson analyst B. Holland anticipates that the company will earn $0.97 per share for the quarter. The consensus estimate for Kellanova's current full-year earnings is $3.93 per share. DA Davidson also issued estimates for Kellanova's FY2026 earnings at $4.08 EPS.

Kellanova (NYSE:K - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.90 EPS for the quarter, missing analysts' consensus estimates of $1.01 by ($0.11). Kellanova had a return on equity of 37.25% and a net margin of 10.53%. The business had revenue of $3.08 billion during the quarter, compared to analysts' expectations of $3.16 billion. During the same quarter in the previous year, the business earned $1.01 EPS. Kellanova's revenue for the quarter was down 3.7% compared to the same quarter last year.

A number of other research firms have also weighed in on K. Royal Bank of Canada lowered shares of Kellanova from a "moderate buy" rating to a "hold" rating in a report on Friday, March 14th. StockNews.com downgraded Kellanova from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. Thirteen equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Kellanova currently has an average rating of "Hold" and an average target price of $79.41.

Kellanova Trading Down 0.0 %

Kellanova stock traded down $0.04 during trading hours on Tuesday, reaching $82.50. The company had a trading volume of 2,183,976 shares, compared to its average volume of 2,678,257. The company has a 50-day moving average price of $82.39 and a 200 day moving average price of $81.69. Kellanova has a 12-month low of $55.96 and a 12-month high of $83.22. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.81 and a quick ratio of 0.56. The firm has a market cap of $28.48 billion, a price-to-earnings ratio of 21.32, a P/E/G ratio of 4.21 and a beta of 0.30.

Kellanova Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Monday, June 2nd will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 2.76%. Kellanova's dividend payout ratio (DPR) is presently 57.58%.

Insider Buying and Selling at Kellanova

In other news, major shareholder Kellogg W. K. Foundation Trust sold 114,583 shares of the firm's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $82.23, for a total transaction of $9,422,160.09. Following the sale, the insider now owns 48,191,195 shares of the company's stock, valued at $3,962,761,964.85. This trade represents a 0.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders have sold 1,374,996 shares of company stock worth $113,261,858. Insiders own 1.80% of the company's stock.

Hedge Funds Weigh In On Kellanova

Institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank bought a new position in Kellanova in the fourth quarter valued at about $285,126,000. Franklin Resources Inc. increased its position in shares of Kellanova by 869.5% during the 4th quarter. Franklin Resources Inc. now owns 2,579,058 shares of the company's stock valued at $208,826,000 after purchasing an additional 2,313,047 shares during the last quarter. FIL Ltd lifted its stake in shares of Kellanova by 182.3% in the 4th quarter. FIL Ltd now owns 2,388,000 shares of the company's stock worth $193,356,000 after purchasing an additional 1,542,000 shares during the period. Barclays PLC lifted its stake in shares of Kellanova by 134.7% in the 3rd quarter. Barclays PLC now owns 1,800,363 shares of the company's stock worth $145,309,000 after purchasing an additional 1,033,383 shares during the period. Finally, Tudor Investment Corp ET AL grew its position in Kellanova by 136.0% during the fourth quarter. Tudor Investment Corp ET AL now owns 1,745,788 shares of the company's stock valued at $141,356,000 after buying an additional 1,006,100 shares during the period. 83.87% of the stock is currently owned by hedge funds and other institutional investors.

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.