F&V Capital Management LLC Has $10.55 Million Holdings in Conagra Brands $CAG

F&V Capital Management LLC decreased its position in Conagra Brands (NYSE:CAG) by 0.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 515,468 shares of the company’s stock after selling 850 shares during the period. Conagra Brands makes up 2.7% of F&V Capital Management LLC’s holdings, making the stock its 19th biggest holding. F&V Capital Management LLC’s holdings in Conagra Brands were worth $10,552,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Alpine Bank Wealth Management acquired a new position in Conagra Brands in the first quarter valued at $26,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Conagra Brands in the first quarter valued at $27,000. Capital Advisors Ltd. LLC lifted its holdings in Conagra Brands by 82.3% in the first quarter. Capital Advisors Ltd. LLC now owns 1,001 shares of the company’s stock valued at $27,000 after buying an additional 452 shares during the period. Golden State Wealth Management LLC lifted its holdings in Conagra Brands by 235.2% in the first quarter. Golden State Wealth Management LLC now owns 1,056 shares of the company’s stock valued at $28,000 after buying an additional 741 shares during the period. Finally, Wayfinding Financial LLC acquired a new position in Conagra Brands in the first quarter valued at $34,000. Institutional investors and hedge funds own 83.75% of the company’s stock.

Conagra Brands Trading Down 0.7%

CAG opened at $19.16 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.24 and a debt-to-equity ratio of 0.81. The company has a fifty day moving average price of $18.97 and a two-hundred day moving average price of $21.64. The company has a market cap of $9.17 billion, a P/E ratio of 10.89, a price-to-earnings-growth ratio of 1.85 and a beta of 0.04. Conagra Brands has a 1-year low of $17.89 and a 1-year high of $30.47.

Conagra Brands (NYSE:CAG) last posted its earnings results on Wednesday, October 1st. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.33 by $0.06. The company had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.62 billion. Conagra Brands had a net margin of 7.42% and a return on equity of 11.72%. The firm’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.53 earnings per share. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS. Analysts predict that Conagra Brands will post 2.35 EPS for the current fiscal year.

Conagra Brands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Thursday, October 30th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, October 30th. This represents a $1.40 annualized dividend and a dividend yield of 7.3%. Conagra Brands’s payout ratio is presently 79.55%.

Analyst Ratings Changes

Several equities analysts recently issued reports on CAG shares. JPMorgan Chase & Co. started coverage on shares of Conagra Brands in a report on Wednesday, August 20th. They issued a “neutral” rating and a $20.00 target price on the stock. Wells Fargo & Company boosted their target price on shares of Conagra Brands from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Thursday. Bank of America downgraded shares of Conagra Brands from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $27.00 to $20.00 in a research note on Thursday, June 12th. UBS Group decreased their price target on shares of Conagra Brands from $20.00 to $19.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Finally, The Goldman Sachs Group downgraded shares of Conagra Brands from a “neutral” rating to a “sell” rating and decreased their price target for the company from $26.00 to $21.00 in a research note on Monday, June 9th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $21.92.

Conagra Brands Company Profile

Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.