Rep. Gilbert Ray Cisneros, Jr. Buys Kellanova (NYSE:K) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Kellanova (NYSE:K). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Kellanova stock on August 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 Semtech (NASDAQ:SMTC) on 9/2/2025.
• Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 9/2/2025.
• Purchased $1,001 – $15,000 in shares of Avient (NYSE:AVNT) on 9/2/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/27/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of APi Group (NYSE:APG) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 8/26/2025.
• Sold $1,001 – $15,000 in shares of Fortive (NYSE:FTV) on 8/26/2025.

Kellanova Price Performance

K opened at $77.40 on Monday. The stock has a fifty day simple moving average of $79.67 and a two-hundred day simple moving average of $80.94. 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 has a market cap of $26.91 billion, a price-to-earnings ratio of 20.31, a price-to-earnings-growth ratio of 4.82 and a beta of 0.27. Kellanova has a 12-month low of $77.20 and a 12-month high of $83.22.

Kellanova (NYSE:K) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.94 earnings per share 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 company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.19 billion. During the same quarter in the previous year, the business earned $1.01 earnings per share. Kellanova’s revenue was up .3% compared to the same quarter last year. Research analysts predict that Kellanova will post 3.93 earnings per share for the current fiscal year.

Kellanova Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 3.0%. This is a positive change from Kellanova’s previous quarterly dividend of $0.57. The ex-dividend date was Tuesday, September 2nd. Kellanova’s dividend payout ratio is currently 60.89%.

Analyst Upgrades and Downgrades

K has been the topic of several recent analyst reports. JPMorgan Chase & Co. initiated coverage on Kellanova in a research report on Wednesday, August 20th. They set a “neutral” rating and a $83.50 price objective on the stock. Citigroup raised Kellanova to a “neutral” rating and set a $83.50 price objective on the stock in a research report on Thursday, May 29th. Finally, Wall Street Zen cut Kellanova from a “hold” rating to a “sell” rating in a research report on Sunday. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $83.38.

Insider Transactions at Kellanova

In related news, major shareholder Kellogg W. K. Foundation Trust sold 114,599 shares of Kellanova stock in a transaction that occurred on 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 sale, the insider 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders sold 916,680 shares of company stock worth $73,093,769. 1.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. raised its stake in shares of Kellanova by 7.4% in the second quarter. Osaic Holdings Inc. now owns 47,664 shares of the company’s stock worth $3,795,000 after buying an additional 3,292 shares during the period. Orion Porfolio Solutions LLC raised its stake in Kellanova by 24.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 10,769 shares of the company’s stock valued at $856,000 after purchasing an additional 2,149 shares during the period. Thrivent Financial for Lutherans raised its stake in Kellanova by 39.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 15,374 shares of the company’s stock valued at $1,223,000 after purchasing an additional 4,330 shares during the period. Stance Capital LLC bought a new stake in Kellanova during the 2nd quarter valued at approximately $1,856,000. Finally, Advisory Services Network LLC raised its stake in Kellanova by 5.8% during the 2nd quarter. Advisory Services Network LLC now owns 4,782 shares of the company’s stock valued at $382,000 after purchasing an additional 263 shares during the period. Institutional investors own 83.87% 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.