Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Conagra Brands (NYSE:CAG). In a filing disclosed on June 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Conagra Brands stock on May 30th. 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):
- Sold $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
- Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
- Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
- Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
- Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
- Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
- Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
- Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
- Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
- Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.
Conagra Brands Trading Down 1.3%
Shares of CAG traded down $0.25 during trading hours on Thursday, hitting $19.38. The stock had a trading volume of 5,262,980 shares, compared to its average volume of 7,263,193. The company's fifty day simple moving average is $21.38 and its 200 day simple moving average is $24.04. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.24 and a current ratio of 0.71. Conagra Brands has a 12-month low of $18.67 and a 12-month high of $33.24. The firm has a market cap of $9.25 billion, a P/E ratio of 8.11, a P/E/G ratio of 1.85 and a beta of 0.11.
Conagra Brands (NYSE:CAG - Get Free Report) last released its quarterly earnings data on Thursday, July 10th. The company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.05). The company had revenue of $2,781,800 billion during the quarter, compared to analysts' expectations of $2.88 billion. Conagra Brands had a net margin of 9.92% and a return on equity of 12.52%. The company's revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period last year, the business earned $0.61 earnings per share. Equities research analysts forecast that Conagra Brands will post 2.35 EPS for the current fiscal year.
Conagra Brands Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Wednesday, July 30th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 7.22%. The ex-dividend date of this dividend is Wednesday, July 30th. Conagra Brands's dividend payout ratio (DPR) is currently 58.58%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in CAG. Alpine Bank Wealth Management acquired a new position in Conagra Brands in the first quarter worth approximately $26,000. Capital Advisors Ltd. LLC grew its holdings in shares of Conagra Brands by 82.3% during the 1st quarter. Capital Advisors Ltd. LLC now owns 1,001 shares of the company's stock valued at $27,000 after acquiring an additional 452 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Conagra Brands during the 1st quarter valued at $27,000. Golden State Wealth Management LLC grew its holdings in shares of Conagra Brands by 235.2% during the 1st quarter. Golden State Wealth Management LLC now owns 1,056 shares of the company's stock valued at $28,000 after acquiring an additional 741 shares in the last quarter. Finally, Riverview Trust Co purchased a new position in shares of Conagra Brands during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 83.75% of the company's stock.
Wall Street Analysts Forecast Growth
CAG has been the subject of several recent analyst reports. Stifel Nicolaus lowered their target price on Conagra Brands from $26.00 to $21.00 and set a "hold" rating for the company in a research note on Friday, July 11th. JPMorgan Chase & Co. lowered their target price on Conagra Brands from $26.00 to $25.00 and set a "neutral" rating for the company in a research note on Tuesday, May 6th. Morgan Stanley lowered their target price on Conagra Brands from $22.00 to $20.00 and set an "equal weight" rating for the company in a research note on Friday, July 11th. Royal Bank Of Canada lowered their target price on Conagra Brands from $25.00 to $22.00 and set a "sector perform" rating for the company in a research note on Friday, July 11th. Finally, Bank of America downgraded Conagra Brands from a "neutral" rating to an "underperform" rating and decreased their price target for the stock from $27.00 to $20.00 in a research note on Thursday, June 12th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $22.58.
Get Our Latest Stock Analysis on Conagra Brands
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 Conagra Brands
(
Get Free Report)
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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