Gotham Asset Management LLC Acquires 1,083,648 Shares of Conagra Brands $CAG

Gotham Asset Management LLC raised its holdings in Conagra Brands (NYSE:CAG) by 126.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,943,344 shares of the company’s stock after acquiring an additional 1,083,648 shares during the quarter. Gotham Asset Management LLC’s holdings in Conagra Brands were worth $35,583,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in shares of Conagra Brands by 4.2% during the 1st quarter. NewEdge Advisors LLC now owns 23,541 shares of the company’s stock valued at $628,000 after acquiring an additional 954 shares during the period. United Services Automobile Association acquired a new stake in Conagra Brands in the first quarter worth $225,000. Empowered Funds LLC increased its stake in Conagra Brands by 5.9% in the first quarter. Empowered Funds LLC now owns 36,356 shares of the company’s stock valued at $970,000 after purchasing an additional 2,038 shares in the last quarter. Woodline Partners LP increased its stake in Conagra Brands by 40.7% in the first quarter. Woodline Partners LP now owns 40,326 shares of the company’s stock valued at $1,075,000 after purchasing an additional 11,664 shares in the last quarter. Finally, Savant Capital LLC acquired a new position in shares of Conagra Brands during the second quarter valued at about $562,000. 83.75% of the stock is currently owned by institutional investors.

Conagra Brands News Roundup

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

• Positive Sentiment: Conagra announced a roughly $220M expansion of its Fayetteville, AR production facility, which management says should increase capacity and support margin improvement over time. This is being viewed as a strategic, long-term investment in efficiency and supply. Conagra Expansion
• Positive Sentiment: Market commentary (The Motley Fool) notes Conagra’s stock has started 2026 with strength (early YTD gains), and revisits whether CAG is a long-term buy — supporting bullish investor interest and momentum. Is Conagra a Long-Term Buy?
• Neutral Sentiment: Conagra was listed among stocks that moved significantly yesterday, signaling above-average trading volume and short-term volatility that can amplify reactions to news. Stocks Making Big Moves
• Negative Sentiment: Wells Fargo turned more bearish on large food producers and reiterated an “underweight” on Conagra while cutting its price target to $15 (from $20), citing risks from persistent inflation and sluggish consumer demand that could pressure earnings and the company’s dividend profile — a clear near-term headwind for the stock. Wells Fargo Turns Bearish

Wall Street Analyst Weigh In

CAG has been the topic of a number of research analyst reports. Wells Fargo & Company reissued an “underweight” rating and set a $15.00 price objective (down from $20.00) on shares of Conagra Brands in a research report on Thursday. Evercore decreased their target price on Conagra Brands from $22.00 to $19.00 in a research report on Friday, January 9th. Stifel Nicolaus dropped their price target on Conagra Brands from $21.00 to $19.00 and set a “hold” rating on the stock in a research note on Thursday, December 11th. UBS Group reiterated a “neutral” rating and issued a $20.00 price target on shares of Conagra Brands in a report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Conagra Brands from $19.00 to $18.00 and set a “hold” rating for the company in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, Conagra Brands presently has an average rating of “Reduce” and an average target price of $18.71.

Conagra Brands Price Performance

Shares of NYSE:CAG opened at $16.41 on Monday. The company has a current ratio of 0.89, a quick ratio of 0.28 and a debt-to-equity ratio of 0.80. The stock has a market cap of $7.85 billion, a PE ratio of -74.60 and a beta of -0.02. The stock’s fifty day simple moving average is $18.19 and its two-hundred day simple moving average is $18.08. Conagra Brands has a 1-year low of $15.96 and a 1-year high of $27.68.

Conagra Brands (NYSE:CAG) last posted its earnings results on Friday, December 19th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.01. The firm 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%. The business’s revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.70 EPS. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. As a group, analysts forecast that Conagra Brands will post 2.35 EPS for the current fiscal year.

Conagra Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, January 27th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 8.5%. The ex-dividend date of this dividend was Tuesday, January 27th. Conagra Brands’s dividend payout ratio is presently -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.