Conagra Brands (NYSE:CAG) Price Target Lowered to $22.00 at Evercore ISI

Conagra Brands (NYSE:CAG) had its price objective trimmed by Evercore ISI from $23.00 to $22.00 in a report published on Monday morning, Marketbeat.com reports. The firm currently has an in-line rating on the stock.

CAG has been the subject of a number of other research reports. Bank of America cut their target price on shares of Conagra Brands from $18.00 to $17.00 and set an “underperform” rating for the company in a research report on Monday. UBS Group cut their price objective on Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. Royal Bank Of Canada reduced their target price on Conagra Brands from $22.00 to $20.00 and set a “sector perform” rating on the stock in a research note on Monday. TD Cowen dropped their price target on Conagra Brands from $19.00 to $18.00 and set a “hold” rating for the company in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Conagra Brands from $19.00 to $18.00 and set a “hold” rating for the company in a report on Monday. One analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Conagra Brands has a consensus rating of “Reduce” and a consensus target price of $19.36.

Conagra Brands Stock Performance

Shares of CAG stock opened at $17.27 on Monday. The stock has a fifty day moving average price of $17.63 and a 200 day moving average price of $18.90. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.28 and a current ratio of 0.89. The stock has a market cap of $8.26 billion, a PE ratio of -78.48 and a beta of -0.01. Conagra Brands has a 1 year low of $16.60 and a 1 year high of $28.51.

Conagra Brands (NYSE:CAG) last announced its quarterly earnings results 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. Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The business had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $3 billion. During the same quarter last year, the business posted $0.70 earnings per share. The business’s revenue for the quarter was down 6.8% on a year-over-year basis. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. Sell-side analysts forecast that Conagra Brands will post 2.35 earnings per share for the current fiscal year.

Conagra Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Tuesday, January 27th will be given a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, January 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 8.1%. Conagra Brands’s payout ratio is currently -636.36%.

Insider Buying and Selling

In related news, SVP Melissa C. Napier sold 13,011 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $17.19, for a total transaction of $223,659.09. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP boosted its position in shares of Conagra Brands by 173.1% in the first quarter. Wellington Management Group LLP now owns 196,589 shares of the company’s stock worth $5,243,000 after acquiring an additional 124,595 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Conagra Brands in the 1st quarter valued at $580,000. T. Rowe Price Investment Management Inc. acquired a new position in shares of Conagra Brands in the 1st quarter valued at $245,000. CW Advisors LLC grew its stake in shares of Conagra Brands by 101.6% during the 1st quarter. CW Advisors LLC now owns 35,995 shares of the company’s stock valued at $960,000 after buying an additional 18,136 shares during the period. Finally, Norinchukin Bank The increased its holdings in shares of Conagra Brands by 14.4% during the 1st quarter. Norinchukin Bank The now owns 23,585 shares of the company’s stock worth $629,000 after buying an additional 2,967 shares during the last quarter. Institutional investors and hedge funds own 83.75% of the company’s stock.

Conagra Brands News Roundup

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

About Conagra Brands

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.