Conagra Brands $CAG Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. cut its position in shares of Conagra Brands (NYSE:CAG) by 34.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 824,310 shares of the company’s stock after selling 437,905 shares during the period. Assenagon Asset Management S.A. owned approximately 0.17% of Conagra Brands worth $15,093,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Edmp Inc. grew its position in Conagra Brands by 1.1% in the second quarter. Edmp Inc. now owns 48,675 shares of the company’s stock worth $996,000 after acquiring an additional 544 shares during the period. Vontobel Holding Ltd. lifted its stake in shares of Conagra Brands by 1.5% in the 2nd quarter. Vontobel Holding Ltd. now owns 36,171 shares of the company’s stock valued at $740,000 after purchasing an additional 546 shares during the last quarter. Ameriflex Group Inc. lifted its stake in shares of Conagra Brands by 20.3% in the 2nd quarter. Ameriflex Group Inc. now owns 3,327 shares of the company’s stock valued at $68,000 after purchasing an additional 561 shares during the last quarter. DekaBank Deutsche Girozentrale grew its holdings in shares of Conagra Brands by 0.3% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 172,140 shares of the company’s stock worth $3,483,000 after purchasing an additional 585 shares during the period. Finally, Horrell Capital Management Inc. increased its position in shares of Conagra Brands by 2.2% during the 2nd quarter. Horrell Capital Management Inc. now owns 27,427 shares of the company’s stock worth $561,000 after purchasing an additional 597 shares during the last quarter. Hedge funds and other institutional investors own 83.75% of the company’s stock.

Conagra Brands Stock Performance

Shares of CAG opened at $17.35 on Friday. Conagra Brands has a 1 year low of $16.60 and a 1 year high of $28.51. The stock has a market capitalization of $8.30 billion, a PE ratio of 9.86 and a beta of -0.01. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.44 and a current ratio of 1.06. The stock has a 50-day simple moving average of $17.65 and a 200-day simple moving average of $18.99.

Conagra Brands (NYSE:CAG) last announced its quarterly earnings data on Friday, December 19th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $2.98 billion for the quarter, compared to analyst estimates of $3 billion. Conagra Brands had a net margin of 7.42% and a return on equity of 11.72%. The company’s revenue was down 6.8% on a year-over-year basis. During the same period last year, the business earned $0.70 EPS. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. On average, analysts predict that Conagra Brands will post 2.35 earnings per share for the current fiscal year.

Conagra Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Tuesday, January 27th will be paid a dividend of $0.35 per share. The ex-dividend date is Tuesday, January 27th. This represents a $1.40 annualized dividend and a yield of 8.1%. Conagra Brands’s payout ratio is presently 79.55%.

Insider Transactions at Conagra Brands

In other Conagra Brands news, SVP Melissa C. Napier sold 13,011 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $17.19, for a total value of $223,659.09. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.57% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on CAG shares. Wells Fargo & Company decreased their target price on shares of Conagra Brands from $20.00 to $19.00 and set an “equal weight” rating on the stock in a research report on Friday, December 12th. UBS Group reduced their price target on shares of Conagra Brands from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. Jefferies Financial Group lowered their price objective on shares of Conagra Brands from $19.00 to $18.00 and set a “hold” rating for the company in a research report on Thursday, December 11th. The Goldman Sachs Group dropped their target price on shares of Conagra Brands from $18.00 to $16.00 and set a “sell” rating for the company in a report on Monday, November 24th. Finally, JPMorgan Chase & Co. decreased their price target on Conagra Brands from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $20.25.

Key Headlines Impacting Conagra Brands

Here are the key news stories impacting Conagra Brands this week:

• Positive Sentiment: Board approved a $0.35 quarterly dividend (7.9% yield), supporting income investors and providing a floor for the stock. Dividend Announcement
• Neutral Sentiment: Q2 reported EPS was $0.45, narrowly beating the consensus $0.44, but revenue was $2.98B (below the ~$3.0B estimate) — a mixed print that removes upside surprise but avoids a clear miss. Quarterly Results
• Neutral Sentiment: Management maintained full‑year sales and profit forecasts, signaling confidence in the plan despite near‑term pressure. That stability is neutral — it prevents a pessimistic reset but offers limited upside. Reuters: Maintains Forecasts
• Negative Sentiment: Company took a large $968M impairment in Q2, weighing on reported results and investor sentiment; such charges can raise questions about portfolio strength and near‑term cash flow optics. MSN: $968M Impairment
• Negative Sentiment: Organic net sales declined (~3%) and total revenue fell ~6.8% year‑over‑year, reflecting softer volumes as consumers pull back — a demand weakness that could pressure margins and growth expectations. Zacks: Sales Decline
• Negative Sentiment: The firm set FY‑2026 EPS guidance at $1.70–$1.85 (slightly below street consensus ~ $1.81) and some analysts have trimmed targets (JPMorgan lowered its price target), which adds downward pressure on the stock. Analyst PT Cut

Conagra Brands Company Profile

Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra’s product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.

Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender’s and Banquet in the frozen foods category, as well as Hunt’s sauces, Orville Redenbacher’s popcorn, Slim Jim meat snacks and Reddi-wip toppings.