Rep. Gilbert Ray Cisneros, Jr. Buys Conagra Brands (NYSE:CAG) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Conagra Brands (NYSE:CAG). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Conagra Brands stock on February 10th. 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):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

Conagra Brands Trading Down 4.7%

NYSE:CAG traded down $0.80 during midday trading on Thursday, hitting $16.18. 24,810,595 shares of the company traded hands, compared to its average volume of 13,445,177. The firm has a market capitalization of $7.74 billion, a P/E ratio of -73.55 and a beta of -0.02. The firm’s fifty day moving average is $18.23 and its 200-day moving average is $18.12. Conagra Brands has a 12-month low of $15.96 and a 12-month high of $27.68. The company has a current ratio of 0.89, a quick ratio of 0.28 and a debt-to-equity ratio of 0.80.

Conagra Brands (NYSE:CAG) last posted its quarterly earnings data on Friday, December 19th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The company had revenue of $2.98 billion during the quarter, compared to analyst estimates 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 quarterly revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.70 earnings per share. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. On average, sell-side analysts predict that Conagra Brands will post 2.35 EPS for the current year.

Conagra Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Stockholders of record on Tuesday, January 27th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a $1.40 annualized dividend and a dividend yield of 8.7%. Conagra Brands’s payout ratio is currently -636.36%.

Institutional Trading of Conagra Brands

Institutional investors have recently made changes to their positions in the business. CYBER HORNET ETFs LLC acquired a new position in shares of Conagra Brands in the second quarter valued at about $26,000. MUFG Securities EMEA plc acquired a new stake in Conagra Brands during the second quarter valued at $29,000. Harbour Investments Inc. grew its position in shares of Conagra Brands by 80.4% during the 4th quarter. Harbour Investments Inc. now owns 1,573 shares of the company’s stock valued at $27,000 after acquiring an additional 701 shares during the period. True Wealth Design LLC increased its position in shares of Conagra Brands by 844.4% in the third quarter. True Wealth Design LLC now owns 1,596 shares of the company’s stock valued at $29,000 after buying an additional 1,427 shares in the last quarter. Finally, Clearstead Trust LLC grew its position in shares of Conagra Brands by 522.1% in the second quarter. Clearstead Trust LLC now owns 1,636 shares of the company’s stock valued at $33,000 after purchasing an additional 1,373 shares in the last quarter. Institutional investors and hedge funds 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: Conagra announced a major capacity expansion — a roughly $220M investment to expand its Fayetteville, Arkansas production facility, which should boost production flexibility and support long-term revenue/margin improvement if volumes recover. Conagra expansion
• Positive Sentiment: Analysts and journalists are debating whether the Fayetteville capex reframes Conagra as more margin-focused (potentially positive longer term if cost discipline and SKU mix improve). This narrative could support upside if execution meets expectations. Fayetteville margin narrative
• Neutral Sentiment: Market moves and coverage: multiple outlets highlighted Conagra in a broader consumer-staples selloff and wrote explainers for the decline (peer weakness, looming earnings). These pieces consolidate bearish sentiment but don’t add new company-specific facts. Market moves coverage
• Negative Sentiment: Wells Fargo downgraded Conagra as part of a note flagging profit risk for large packaged-food names (even as dividend yields are high), citing inflation and softer consumption — a direct catalyst for today’s pressure. Wells Fargo downgrade
• Negative Sentiment: Wells Fargo also reaffirmed an “underweight” stance with a reduced $15 price target (down from $20), formally lowering near-term street expectations versus the current level. Wells Fargo PT note
• Negative Sentiment: Other sell-side pressure: Goldman Sachs and other firms have recently cut targets or reiterated bearish views, amplifying de-risking in a high-yield, low-momentum name ahead of the next earnings report. Sell-side cuts
• Negative Sentiment: Options and trading signals: unusually high put volume (about a 35% jump in put contracts) and heavier-than-normal share volume suggest short-term bearish positioning by investors. (Reported market activity item.)

Wall Street Analysts Forecast Growth

Several brokerages have commented on CAG. Wall Street Zen raised Conagra Brands from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. JPMorgan Chase & Co. decreased their target price on Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Tuesday, December 16th. Jefferies Financial Group cut their price target on shares of Conagra Brands from $19.00 to $18.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. Morgan Stanley reaffirmed an “overweight” rating on shares of Conagra Brands in a research note on Wednesday, February 18th. Finally, The Goldman Sachs Group decreased their price objective 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. One investment analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $18.71.

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.