Conagra Brands, Inc. (CAG)

Conagra Brands' stock has been influenced by several key events over the past six months. The company reported its Q1 FY26 earnings with an adjusted EPS of $0.39, surpassing estimates, despite a decrease in net sales. Conagra reaffirmed its full-year fiscal 2026 guidance and announced a quarterly dividend of $0.35 per share. Analyst ratings have been mixed, with some firms issuing neutral ratings, while others lowered price targets. Allianz Asset Management GmbH reduced its stake in Conagra Brands, while MQS Management LLC invested and Paralel Advisors LLC increased its holdings. In July 2024, Conagra Brands had forecast annual revenue and profit below analysts' estimates for fiscal year 2025, as cash-strapped consumers opted for cheaper pantry staples.

Conagra Brands' product demand exhibits some seasonality, particularly within its Refrigerated & Frozen operations, which adjust to seasonal demand, distribution patterns, and supply chain logistics. Consumer food preferences and broader seasonal demand trends can influence the company's stock movement and overall market behavior. The company's multi-division structure allows it to adapt to shifts in consumer preferences and manage market fluctuations effectively.

Conagra Brands, Inc. is an American consumer packaged goods holding company based in Chicago, Illinois, operating in the Food Processing industry. It manufactures and distributes a diverse portfolio of branded consumer food, foodservice items, and ingredients, including shelf-stable food products, meals, entrees, frozen foods, sauces, and seafood. Conagra's well-known brands include Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, and Slim Jim, among others, and its products are sold through various retail channels, commercial customers, restaurants, and foodservice channels.

Conagra Brands primarily operates in the United States, selling branded and temperature-controlled food products through various retail channels. It also has manufacturing facilities and sales offices in Mexico, Canada, China, Panama, and the Philippines. Its International segment focuses on offering food products in various temperature states through retail and foodservice channels outside of the United States.

Conagra Brands has maintained a positive brand reputation in the past year, driven by its commitment to corporate social responsibility and community engagement. Conagra was recognized as one of the 50 most community-minded companies in the United States for the fifth consecutive year. The company emphasizes its focus on environmental, social, and governance (ESG) goals, diversity and inclusion, and sustainable development, fostering an impactful, energized, and inclusive culture.

Institutional investors and hedge funds collectively own a significant portion of Conagra Brands' stock, with approximately 83.75% of the company's shares held by these entities. Notable institutional owners include Allianz Asset Management GmbH, MQS Management LLC and Paralel Advisors LLC.