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

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 Stock Performance

Shares of NYSE CAG traded up $0.06 during midday trading on Tuesday, reaching $13.99. The company had a trading volume of 2,203,607 shares, compared to its average volume of 14,254,176. Conagra Brands has a 1 year low of $13.60 and a 1 year high of $23.37. The business’s 50-day simple moving average is $15.68 and its 200 day simple moving average is $17.04. The company has a current ratio of 0.90, a quick ratio of 0.30 and a debt-to-equity ratio of 0.79. The stock has a market cap of $6.70 billion and a P/E ratio of -139.93.

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

Conagra Brands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Thursday, April 30th will be paid a $0.35 dividend. The ex-dividend date is Thursday, April 30th. This represents a $1.40 dividend on an annualized basis and a yield of 10.0%. Conagra Brands’s dividend payout ratio (DPR) is -1,400.00%.

Institutional Trading of Conagra Brands

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bell Investment Advisors Inc raised its position in shares of Conagra Brands by 156.9% in the first quarter. Bell Investment Advisors Inc now owns 1,685 shares of the company’s stock worth $26,000 after acquiring an additional 1,029 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Conagra Brands during the 2nd quarter valued at about $26,000. Harbour Investments Inc. increased its stake in shares of Conagra Brands by 80.4% in the 4th quarter. Harbour Investments Inc. now owns 1,573 shares of the company’s stock valued at $27,000 after purchasing an additional 701 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in Conagra Brands in the 2nd quarter worth about $29,000. Finally, Spire Wealth Management raised its holdings in Conagra Brands by 249.0% in the 3rd quarter. Spire Wealth Management now owns 1,724 shares of the company’s stock worth $32,000 after purchasing an additional 1,230 shares during the period. Institutional investors and hedge funds own 83.75% of the company’s stock.

Insider Buying and Selling

In other Conagra Brands news, Director John J. Mulligan acquired 17,500 shares of the business’s stock in a transaction dated Tuesday, April 14th. The stock was acquired at an average cost of $14.31 per share, for a total transaction of $250,425.00. Following the completion of the transaction, the director directly owned 20,728 shares of the company’s stock, valued at $296,617.68. This represents a 542.13% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard H. Lenny acquired 25,000 shares of the firm’s stock in a transaction on Tuesday, April 14th. The shares were bought at an average cost of $14.34 per share, for a total transaction of $358,500.00. Following the completion of the acquisition, 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 ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

CAG has been the subject of a number of research reports. Wells Fargo & Company decreased their target price on Conagra Brands from $15.00 to $14.00 and set an “underweight” rating for the company in a report on Thursday, April 2nd. JPMorgan Chase & Co. dropped their price objective on shares of Conagra Brands from $19.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, March 20th. Zacks Research upgraded shares of Conagra Brands from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. UBS Group reduced their target price on shares of Conagra Brands from $20.00 to $16.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Finally, Royal Bank Of Canada decreased their target price on shares of Conagra Brands from $20.00 to $17.00 and set a “sector perform” rating for the company in a research report on Thursday, April 2nd. One analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $15.80.

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.

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.