Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Conagra Brands (NYSE:CAG)

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 0.5%

Shares of NYSE:CAG traded down $0.10 during mid-day trading on Monday, reaching $18.98. 2,065,486 shares of the company were exchanged, compared to its average volume of 6,098,317. The firm has a market cap of $9.06 billion, a price-to-earnings ratio of 7.96, a P/E/G ratio of 1.82 and a beta of 0.11. Conagra Brands has a 1 year low of $18.80 and a 1 year high of $33.24. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.71 and a quick ratio of 0.24. The firm's 50-day simple moving average is $21.54 and its 200 day simple moving average is $24.13.

Conagra Brands (NYSE:CAG - Get Free Report) last released its earnings results on Thursday, July 10th. The company reported $0.56 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by ($0.05). The business had revenue of $2,781,800 billion for the quarter, compared to analyst estimates of $2.88 billion. Conagra Brands had a return on equity of 12.52% and a net margin of 9.92%. Conagra Brands's quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.61 earnings per share. Equities research analysts forecast that Conagra Brands will post 2.35 EPS for the current year.

Conagra Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Wednesday, July 30th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, July 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 7.38%. Conagra Brands's payout ratio is currently 58.58%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CAG shares. Sanford C. Bernstein set a $21.00 price objective on shares of Conagra Brands and gave the company a "market perform" rating in a report on Friday, July 11th. Stifel Nicolaus cut their price target on shares of Conagra Brands from $26.00 to $21.00 and set a "hold" rating on the stock in a research note on Friday, July 11th. The Goldman Sachs Group lowered shares of Conagra Brands from a "neutral" rating to a "sell" rating and cut their price target for the stock from $26.00 to $21.00 in a research note on Monday, June 9th. Bank of America lowered shares of Conagra Brands from a "neutral" rating to an "underperform" rating and cut their price target for the stock from $27.00 to $20.00 in a research note on Thursday, June 12th. Finally, Royal Bank Of Canada cut their price target on shares of Conagra Brands from $25.00 to $22.00 and set a "sector perform" rating on the stock in a research note on Friday, July 11th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Conagra Brands currently has an average rating of "Hold" and an average target price of $22.58.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CAG. Vanguard Group Inc. increased its stake in shares of Conagra Brands by 2.7% during the first quarter. Vanguard Group Inc. now owns 60,403,845 shares of the company's stock worth $1,610,971,000 after acquiring an additional 1,604,893 shares during the period. Invesco Ltd. lifted its holdings in shares of Conagra Brands by 6.3% in the 1st quarter. Invesco Ltd. now owns 11,859,985 shares of the company's stock valued at $316,306,000 after buying an additional 698,630 shares during the period. Geode Capital Management LLC grew its position in Conagra Brands by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 11,745,629 shares of the company's stock worth $325,096,000 after buying an additional 231,477 shares during the period. Dimensional Fund Advisors LP increased its position in Conagra Brands by 49.5% during the first quarter. Dimensional Fund Advisors LP now owns 8,162,251 shares of the company's stock worth $217,686,000 after buying an additional 2,702,407 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its stake in shares of Conagra Brands by 33.9% during the fourth quarter. Two Sigma Advisers LP now owns 8,135,000 shares of the company's stock valued at $225,746,000 after buying an additional 2,058,000 shares during the period. 83.75% of the stock is currently owned by institutional investors and hedge funds.

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

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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