Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Conagra Brands (NYSE:CAG). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Conagra Brands stock on March 13th. 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 MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
- Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.
Conagra Brands Trading Down 1.6%
Shares of CAG stock traded down $0.26 during trading hours on Friday, reaching $15.30. The company had a trading volume of 1,576,153 shares, compared to its average volume of 14,216,797. Conagra Brands has a 1-year low of $15.03 and a 1-year high of $26.33. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.90 and a quick ratio of 0.30. The firm has a market cap of $7.32 billion, a price-to-earnings ratio of -153.74 and a beta of 0.04. The company has a 50 day moving average of $17.59 and a 200 day moving average of $17.63.
Conagra Brands Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Thursday, April 30th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 9.2%. Conagra Brands’s dividend payout ratio is -1,400.00%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the company. Sanford C. Bernstein decreased their target price on Conagra Brands from $18.00 to $16.00 and set a “market perform” rating for the company in a research report on Thursday, April 2nd. Zacks Research raised shares of Conagra Brands from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Conagra Brands from $18.00 to $14.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Stifel Nicolaus decreased their price target on shares of Conagra Brands from $19.00 to $17.00 and set a “hold” rating for the company in a report on Thursday, April 2nd. Finally, Wall Street Zen upgraded shares of Conagra Brands from a “sell” rating to a “hold” rating in a report on Saturday, February 21st. One analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $16.07.
Get Our Latest Stock Analysis on CAG
Institutional Investors Weigh In On Conagra Brands
Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank bought a new position in shares of Conagra Brands during the 4th quarter worth approximately $145,656,000. Two Sigma Investments LP lifted its position in shares of Conagra Brands by 239.6% in the third quarter. Two Sigma Investments LP now owns 8,347,163 shares of the company’s stock worth $152,837,000 after purchasing an additional 5,889,542 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Conagra Brands by 245.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 7,734,061 shares of the company’s stock worth $141,611,000 after purchasing an additional 5,495,503 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Conagra Brands by 216.2% during the third quarter. AQR Capital Management LLC now owns 7,459,654 shares of the company’s stock worth $135,318,000 after purchasing an additional 5,100,424 shares during the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in Conagra Brands by 241.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 5,915,490 shares of the company’s stock valued at $108,313,000 after buying an additional 4,185,486 shares during the last quarter. Institutional investors and hedge funds 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.
About Conagra Brands
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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