Conagra Brands (NYSE:CAG) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Conagra Brands (NYSE:CAG). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Conagra Brands stock on April 14th. 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):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Conagra Brands Price Performance

Shares of CAG traded up $0.07 during trading hours on Tuesday, hitting $14.00. 12,569,846 shares of the stock were exchanged, compared to its average volume of 14,375,610. The stock’s 50-day moving average price is $15.68 and its two-hundred day moving average price is $17.04. Conagra Brands has a 12-month low of $13.60 and a 12-month high of $23.37. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.30 and a current ratio of 0.90. The company has a market cap of $6.70 billion and a price-to-earnings ratio of -139.94.

Conagra Brands (NYSE:CAG) last announced its quarterly earnings data on Wednesday, April 1st. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Conagra Brands had a negative net margin of 0.39% and a positive return on equity of 10.15%. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.51 EPS. Research analysts expect that Conagra Brands will post 1.7 earnings per share for the current year.

Conagra Brands Announces Dividend

The company 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 10.0%. Conagra Brands’s payout ratio is currently -1,400.00%.

Insider Activity at Conagra Brands

In other Conagra Brands news, Director John J. Mulligan purchased 17,500 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was acquired at an average price of $14.31 per share, for a total transaction of $250,425.00. Following the completion of the purchase, the director directly owned 20,728 shares in the company, valued at approximately $296,617.68. The trade was a 542.13% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard H. Lenny acquired 25,000 shares of Conagra Brands stock in a transaction dated Tuesday, April 14th. The stock was bought at an average price of $14.34 per share, for a total transaction of $358,500.00. Following the completion of the purchase, the director owned 229,340 shares of the company’s stock, valued at approximately $3,288,735.60. This represents a 12.23% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.57% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CAG. Stifel Nicolaus dropped their price target on Conagra Brands from $17.00 to $15.00 and set a “hold” rating for the company in a research report on Tuesday, April 21st. The Goldman Sachs Group reduced their price objective on Conagra Brands from $17.00 to $15.00 and set a “sell” rating on the stock in a research report on Thursday, April 2nd. Jefferies Financial Group lowered their price objective on Conagra Brands from $16.00 to $15.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Wells Fargo & Company cut their target price on Conagra Brands from $15.00 to $14.00 and set an “underweight” rating for the company in a research note on Thursday, April 2nd. Finally, Sanford C. Bernstein reduced their price target on Conagra Brands from $18.00 to $16.00 and set a “market perform” rating on the stock in a report on Thursday, April 2nd. One investment analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, Conagra Brands presently has an average rating of “Reduce” and a consensus target price of $15.80.

Institutional Trading of Conagra Brands

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CAG. Himension Capital Singapore PTE. LTD. purchased a new stake in shares of Conagra Brands in the 1st quarter valued at $110,000. PNC Financial Services Group Inc. lifted its position in shares of Conagra Brands by 0.4% during the first quarter. PNC Financial Services Group Inc. now owns 264,199 shares of the company’s stock worth $4,153,000 after purchasing an additional 939 shares in the last quarter. Johnson Financial Group Inc. boosted its stake in shares of Conagra Brands by 26.3% in the first quarter. Johnson Financial Group Inc. now owns 17,178 shares of the company’s stock valued at $270,000 after purchasing an additional 3,573 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Conagra Brands by 9.7% in the first quarter. Dimensional Fund Advisors LP now owns 19,323,789 shares of the company’s stock valued at $303,771,000 after purchasing an additional 1,701,624 shares in the last quarter. Finally, Swiss National Bank grew its holdings in shares of Conagra Brands by 0.4% in the first quarter. Swiss National Bank now owns 946,700 shares of the company’s stock valued at $14,882,000 after purchasing an additional 3,600 shares in the last quarter. Hedge funds and other institutional investors 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.