Meyer Handelman Co. Sells 64,268 Shares of Conagra Brands $CAG

Meyer Handelman Co. lowered its stake in shares of Conagra Brands (NYSE:CAG) by 48.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,360 shares of the company’s stock after selling 64,268 shares during the period. Meyer Handelman Co.’s holdings in Conagra Brands were worth $1,166,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. CYBER HORNET ETFs LLC purchased a new stake in Conagra Brands in the second quarter worth $26,000. True Wealth Design LLC lifted its position in shares of Conagra Brands by 844.4% during the 3rd 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 during the last quarter. MUFG Securities EMEA plc bought a new position in shares of Conagra Brands during the 2nd quarter worth $29,000. Spire Wealth Management grew its stake in shares of Conagra Brands by 249.0% during the 3rd quarter. Spire Wealth Management now owns 1,724 shares of the company’s stock worth $32,000 after acquiring an additional 1,230 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Conagra Brands in the 3rd quarter worth about $33,000. Institutional investors own 83.75% of the company’s stock.

Conagra Brands Stock Down 1.2%

CAG opened at $15.54 on Thursday. The firm has a market capitalization of $7.43 billion, a P/E ratio of -70.61 and a beta of 0.04. Conagra Brands has a one year low of $15.03 and a one year high of $27.68. The company has a fifty day moving average price of $17.84 and a 200-day moving average price of $17.76. 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 issued its quarterly earnings data on Wednesday, April 1st. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). The business had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The company’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the business posted $0.51 EPS. Equities research analysts expect that Conagra Brands will post 2.35 earnings per share for the current fiscal year.

Conagra Brands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Thursday, April 30th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $1.40 annualized dividend and a dividend yield of 9.0%. Conagra Brands’s dividend payout ratio (DPR) is presently -636.36%.

Trending Headlines about Conagra Brands

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

• Positive Sentiment: Revenue beat estimates and showed underlying organic growth (price/mix and volume gains), indicating core category strength and resilience against divestiture impacts. Conagra Brands Reports Third Quarter Results
• Positive Sentiment: Company declared a quarterly dividend of $0.35, supporting income investors and signaling management commitment to capital return. Conagra Brands Announces Quarterly Dividend Payment
• Positive Sentiment: Some value/technical commentators view the pullback as a buying opportunity given high yield, cash‑flow focus and signs of stabilization in core categories (longer‑term bull case).
• Neutral Sentiment: Earnings call transcript and management commentary are available; investors should review the call for color on cost outlook, inflation expectations and timing for margin recovery. Conagra Brands Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Wall Street reaction is mixed — some firms have revised expectations ahead of results, leaving scope for further analyst adjustments in coming weeks. Top Wall Street Forecasters Revamp Conagra Expectations Ahead Of Q3 Earnings
• Negative Sentiment: Management trimmed its full‑year profit outlook and narrowed guidance, citing rising costs and margin pressure — the primary catalyst for the stock weakness. Conagra Brands expects weak annual profit on rising costs
• Negative Sentiment: Q3 EPS of $0.39 missed consensus by $0.01 and fell from $0.51 a year ago; margins contracted despite a revenue beat, highlighting near‑term profitability headwinds. Conagra Brands (CAG) Q3 Earnings Lag Estimates
• Negative Sentiment: Jefferies cut its price target to $15 and maintained a “hold,” reflecting lowered near‑term expectations and contributing to downward analyst pressure. Jefferies Adjusts Price Target on Conagra Brands to $15

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CAG. Deutsche Bank Aktiengesellschaft lowered their price objective on Conagra Brands from $18.00 to $14.00 and set a “hold” rating on the stock in a research note on Monday. Jefferies Financial Group cut their target price on shares of Conagra Brands from $16.00 to $15.00 and set a “hold” rating for the company in a research report on Monday. Stifel Nicolaus lowered their price target on shares of Conagra Brands from $21.00 to $19.00 and set a “hold” rating on the stock in a research report on Thursday, December 11th. TD Cowen dropped their price target on shares of Conagra Brands from $18.00 to $14.00 and set a “hold” rating on the stock in a research note on Wednesday, March 25th. Finally, Sanford C. Bernstein cut their price objective on shares of Conagra Brands from $21.00 to $18.00 and set a “market perform” rating for the company in a report on Monday, December 22nd. One analyst has rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Conagra Brands currently has a consensus rating of “Reduce” and an average target price of $17.79.

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.