Representative Lisa C. McClain (R-Michigan) recently bought shares of Conagra Brands NYSE: CAG. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Conagra Brands stock on July 22nd. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
- Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.
Conagra Brands Trading Down 0.9%
Shares of CAG traded down $0.17 during mid-day trading on Monday, reaching $19.00. 9,453,797 shares of the company were exchanged, compared to its average volume of 11,384,872. Conagra Brands has a 52 week low of $18.18 and a 52 week high of $33.24. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.24 and a current ratio of 0.71. The stock has a market capitalization of $9.10 billion, a PE ratio of 7.95, a PEG ratio of 1.84 and a beta of 0.08. The business has a 50 day simple moving average of $20.04 and a two-hundred day simple moving average of $23.10.
Conagra Brands (NYSE:CAG - Get Free Report) last issued its quarterly earnings data 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). Conagra Brands had a return on equity of 12.52% and a net margin of 9.92%. The company had revenue of $2,781,800 billion for the quarter, compared to the consensus estimate of $2.88 billion. During the same quarter last year, the business earned $0.61 earnings per share. Conagra Brands's revenue was down 4.3% compared to the same quarter last year. On average, analysts predict that Conagra Brands will post 2.35 earnings per share for the current fiscal year.
Conagra Brands Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Wednesday, July 30th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Wednesday, July 30th. Conagra Brands's dividend payout ratio (DPR) is 58.58%.
Institutional Investors Weigh In On Conagra Brands
Hedge funds have recently added to or reduced their stakes in the company. Quaker Wealth Management LLC grew its stake in Conagra Brands by 202.3% in the second quarter. Quaker Wealth Management LLC now owns 1,227 shares of the company's stock valued at $25,000 after acquiring an additional 2,427 shares during the period. Alpine Bank Wealth Management purchased a new position in shares of Conagra Brands during the first quarter valued at approximately $26,000. CYBER HORNET ETFs LLC purchased a new position in shares of Conagra Brands during the second quarter valued at approximately $26,000. Capital Advisors Ltd. LLC raised its position in Conagra Brands by 82.3% in the 1st quarter. Capital Advisors Ltd. LLC now owns 1,001 shares of the company's stock valued at $27,000 after buying an additional 452 shares during the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new stake in Conagra Brands in the 1st quarter valued at $27,000. Institutional investors and hedge funds own 83.75% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on CAG. Bank of America cut Conagra Brands from a "neutral" rating to an "underperform" rating and decreased their target price for the stock from $27.00 to $20.00 in a research note on Thursday, June 12th. Barclays decreased their target price on Conagra Brands from $29.00 to $26.00 and set an "overweight" rating for the company in a research note on Monday, May 12th. Royal Bank Of Canada decreased 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. Wells Fargo & Company decreased their target price on Conagra Brands from $23.00 to $22.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 9th. Finally, The Goldman Sachs Group cut Conagra Brands from a "neutral" rating to a "sell" rating and decreased their target price for the stock from $26.00 to $21.00 in a research note on Monday, June 9th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $22.58.
View Our Latest Stock Analysis on Conagra Brands
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
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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