Conagra Brands (NYSE:CAG – Free Report) had its target price lowered by Deutsche Bank Aktiengesellschaft from $19.00 to $18.00 in a report issued on Monday morning, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.
Several other brokerages also recently commented on CAG. Weiss Ratings reiterated a “sell (d+)” rating on shares of Conagra Brands in a research note on Wednesday, October 8th. Jefferies Financial Group reduced 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. Evercore ISI dropped their price objective on shares of Conagra Brands from $24.00 to $23.00 and set an “in-line” rating on the stock in a research report on Wednesday, September 24th. The Goldman Sachs Group cut their target price on shares of Conagra Brands from $18.00 to $16.00 and set a “sell” rating for the company in a research note on Monday, November 24th. Finally, Royal Bank Of Canada decreased their price target on shares of Conagra Brands from $22.00 to $20.00 and set a “sector perform” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $19.36.
Check Out Our Latest Report on CAG
Conagra Brands Stock Down 0.5%
Conagra Brands (NYSE:CAG – Get Free Report) last issued its earnings results on Friday, December 19th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.01. The business had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $3 billion. Conagra Brands had a negative net margin of 0.87% and a positive return on equity of 10.59%. Conagra Brands’s revenue was down 6.8% on a year-over-year basis. During the same period last year, the business posted $0.70 EPS. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. Sell-side analysts anticipate that Conagra Brands will post 2.35 earnings per share for the current year.
Conagra Brands Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Tuesday, January 27th will be paid a $0.35 dividend. 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 -636.36%.
Insider Activity
In other news, SVP Melissa C. Napier sold 13,011 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $17.19, for a total transaction of $223,659.09. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.57% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Conagra Brands
Institutional investors have recently made changes to their positions in the stock. Quaker Wealth Management LLC raised its holdings in Conagra Brands by 202.3% in the 2nd 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 in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Conagra Brands during the 2nd quarter worth $26,000. True Wealth Design LLC grew its holdings in shares of Conagra Brands by 844.4% during the 3rd quarter. True Wealth Design LLC now owns 1,596 shares of the company’s stock worth $29,000 after purchasing an additional 1,427 shares in the last quarter. MUFG Securities EMEA plc bought a new position in shares of Conagra Brands in the second quarter worth $29,000. Finally, Spire Wealth Management raised its stake in Conagra Brands by 249.0% in the third quarter. Spire Wealth Management now owns 1,724 shares of the company’s stock valued at $32,000 after purchasing an additional 1,230 shares in the last quarter. 83.75% of the stock is currently owned by institutional investors.
Key Stores Impacting Conagra Brands
Here are the key news stories impacting Conagra Brands this week:
- Positive Sentiment: Conagra affirmed its quarterly dividend of $0.35, which supports income investors and reduces downside risk from payout uncertainty. Article Title
- Positive Sentiment: A recent Seeking Alpha piece argues the market may be misreading Conagra’s elevated yield and that key fundamentals are being overlooked — a contrarian take that could attract value-focused buyers. Article Title
- Neutral Sentiment: General news coverage is flagging the stock’s weakness and linking it to the company’s mixed Q2 results and guidance — useful context for traders but not new fundamental information. Article Title
- Negative Sentiment: Analysts collectively trimmed forecasts and price targets after Conagra’s mixed Q2. Benzinga reports multiple downgrades and forecast cuts tied to the quarter’s weaker revenue and margin dynamics. Article Title
- Negative Sentiment: Evercore ISI lowered its price target to $22 (from $23) and moved to an “in-line” rating — a sign analysts see less upside following Q2. Article Title
- Negative Sentiment: Deutsche Bank cut its target to $18 (from $19) and kept a “hold” rating, reflecting reduced conviction in near-term upside. Article Title
- Negative Sentiment: TD Cowen also trimmed its target to $18 (from $19) and maintained a “hold,” adding to the consensus of tempered expectations. Article Title
- Negative Sentiment: Bank of America cut its target to $17 and set an “underperform” rating — the most bearish of the recent notes and a likely contributor to selling pressure. Article Title
- Negative Sentiment: An analyst-aggregate report shows Conagra receiving an average analyst stance of “Reduce,” underscoring the shift toward cautious/negative sentiment across the street. Article Title
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.
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