Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Conagra Brands (NYSE:CAG). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Conagra Brands stock on January 9th. 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 Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
- Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
- Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.
Conagra Brands Stock Performance
Shares of CAG stock opened at $18.45 on Friday. The firm has a market cap of $8.82 billion, a price-to-earnings ratio of -83.85 and a beta of -0.01. The company’s 50 day moving average is $17.89 and its 200 day moving average is $18.18. The company has a quick ratio of 0.28, a current ratio of 0.89 and a debt-to-equity ratio of 0.80. Conagra Brands has a 52-week low of $15.96 and a 52-week high of $28.51.
Conagra Brands Dividend Announcement
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 paid a dividend of $0.35 per share. The ex-dividend date is Tuesday, January 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 7.6%. Conagra Brands’s dividend payout ratio (DPR) is currently -636.36%.
Analyst Ratings Changes
Several analysts have commented on CAG shares. The Goldman Sachs Group decreased their price target on shares of Conagra Brands from $18.00 to $16.00 and set a “sell” rating for the company in a research report on Monday, November 24th. 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 note on Thursday, December 11th. Sanford C. Bernstein lowered their target price on shares of Conagra Brands from $21.00 to $18.00 and set a “market perform” rating for the company in a research note on Monday, December 22nd. Bank of America reduced their price target on Conagra Brands from $18.00 to $17.00 and set an “underperform” rating on the stock in a research report on Monday, December 22nd. Finally, Wall Street Zen raised Conagra Brands from a “sell” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Conagra Brands presently has an average rating of “Reduce” and a consensus price target of $19.07.
Check Out Our Latest Stock Analysis on CAG
Hedge Funds Weigh In On Conagra Brands
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CAG. WealthPlan Investment Management LLC grew its stake in Conagra Brands by 5.3% during the 4th quarter. WealthPlan Investment Management LLC now owns 10,920 shares of the company’s stock valued at $189,000 after purchasing an additional 548 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in shares of Conagra Brands by 0.3% during the second 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. Sutton Place Investors LLC lifted its holdings in shares of Conagra Brands by 1.9% during the third quarter. Sutton Place Investors LLC now owns 31,196 shares of the company’s stock worth $571,000 after purchasing an additional 585 shares during the period. Horrell Capital Management Inc. boosted its position in Conagra Brands by 2.2% in the second quarter. Horrell Capital Management Inc. now owns 27,427 shares of the company’s stock valued at $561,000 after buying an additional 597 shares during the last quarter. Finally, Excalibur Management Corp increased its holdings in Conagra Brands by 4.3% in 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 period. Hedge funds and other institutional investors own 83.75% 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.
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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