Envestnet Asset Management Inc. Has $10.18 Million Stock Holdings in Conagra Brands $CAG

Envestnet Asset Management Inc. trimmed its holdings in shares of Conagra Brands (NYSE:CAG) by 20.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 556,181 shares of the company’s stock after selling 139,499 shares during the quarter. Envestnet Asset Management Inc. owned about 0.12% of Conagra Brands worth $10,184,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CAG. DekaBank Deutsche Girozentrale increased its stake in 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 acquiring an additional 585 shares during the period. Sutton Place Investors LLC increased its holdings in Conagra Brands by 1.9% in the 3rd quarter. Sutton Place Investors LLC now owns 31,196 shares of the company’s stock valued at $571,000 after buying an additional 585 shares during the period. Horrell Capital Management Inc. raised its position in Conagra Brands by 2.2% during the second quarter. Horrell Capital Management Inc. now owns 27,427 shares of the company’s stock valued at $561,000 after purchasing an additional 597 shares in the last quarter. Excalibur Management Corp lifted its position in shares of Conagra Brands by 4.3% during the 2nd quarter. Excalibur Management Corp now owns 14,717 shares of the company’s stock worth $301,000 after buying an additional 600 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of Conagra Brands by 5.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 12,036 shares of the company’s stock valued at $220,000 after purchasing an additional 661 shares in the last quarter. Institutional investors own 83.75% of the company’s stock.

Key Conagra Brands News

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

• Positive Sentiment: Analyst price-target increases: Wells Fargo raised its PT to $20 (maintained Equal Weight) and Morgan Stanley nudged its PT to $19 — modest analyst support that signals limited upside from current levels. Wells Fargo raises PT to $20 Morgan Stanley raises PT to $19
• Positive Sentiment: Board refresh: Conagra added two independent directors (John Mulligan and Pietro Satriano), expanding the board to 12 — a governance move that investors typically view as constructive. Conagra appoints two directors
• Neutral Sentiment: Management reaffirmed FY‑2026 EPS guidance (1.70–1.85) and emphasized strong cash generation; this reduces downside risk but didn’t change the market’s view on near-term demand. Conagra reaffirms 2026 outlook
• Neutral Sentiment: CAG presented at the Consumer Analyst Group of New York (CAGNY); slides and prepared remarks reiterated strategy and priorities but offered no major surprises. Investors may wait for execution data. CAGNY prepared remarks CAGNY slideshow
• Neutral Sentiment: Valuation note: coverage pieces are flagging that shares are trading near consensus targets — a reminder that analysts’ room for upside is limited absent stronger revenue/earnings beats. Valuation review
• Negative Sentiment: Sector and demand worries pressured the stock: reports note Conagra shares fell despite the reaffirmed guidance as investors focused on soft category demand and broader packaged-food headwinds. That market sentiment is the primary driver of today’s decline. Investing.com: Conagra falls amid sector concerns
• Negative Sentiment: Analyst/market writeups called the company update underwhelming for near-term growth — coverage highlighting that the guidance was already baked in and failed to address demand trends, which amplified selling. Fool: Why CAG sank

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. UBS Group reaffirmed a “neutral” rating and issued a $20.00 target price on shares of Conagra Brands in a report on Friday, February 13th. The Goldman Sachs Group lowered 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. Evercore cut their price target on Conagra Brands from $22.00 to $19.00 in a report on Friday, January 9th. Royal Bank Of Canada reduced their target price on Conagra Brands from $22.00 to $20.00 and set a “sector perform” rating for the company in a research note on Monday, December 22nd. Finally, Zacks Research downgraded shares of Conagra Brands from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $19.07.

Conagra Brands Stock Performance

Shares of CAG opened at $18.82 on Thursday. The stock’s fifty day moving average price is $17.86 and its two-hundred day moving average price is $18.18. Conagra Brands has a 1 year low of $15.96 and a 1 year high of $28.51. The firm has a market cap of $9.00 billion, a PE ratio of -85.52 and a beta of -0.01. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.89 and a quick ratio of 0.28.

Conagra Brands (NYSE:CAG) last announced its quarterly earnings data on Friday, December 19th. The company reported $0.45 earnings per share (EPS) 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 analysts’ expectations of $3 billion. Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The firm’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.70 EPS. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. On average, equities research analysts forecast that Conagra Brands will post 2.35 EPS for the current year.

Conagra Brands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Tuesday, January 27th will be given a dividend of $0.35 per share. The ex-dividend date is Tuesday, January 27th. This represents a $1.40 annualized dividend and a dividend yield of 7.4%. Conagra Brands’s dividend payout ratio is currently -636.36%.

Conagra Brands 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.