Sigma Planning Corp Buys New Shares in Conagra Brands $CAG

Posted by Brian Himes on Jul 18th, 2026

Sigma Planning Corp purchased a new stake in shares of Conagra Brands (NYSE:CAG – Free Report) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 112,343 shares of the company’s stock, valued at approximately $1,766,000.

Several other large investors have also recently added to or reduced their stakes in the company. ABC Arbitrage SA acquired a new stake in shares of Conagra Brands during the 1st quarter worth approximately $194,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Conagra Brands in the first quarter worth $389,000. Bleakley Financial Group LLC lifted its position in Conagra Brands by 233.9% in the first quarter. Bleakley Financial Group LLC now owns 162,249 shares of the company’s stock worth $2,551,000 after purchasing an additional 113,657 shares during the period. Principal Financial Group Inc. boosted its stake in Conagra Brands by 0.9% during the first quarter. Principal Financial Group Inc. now owns 533,149 shares of the company’s stock worth $8,381,000 after buying an additional 4,945 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in Conagra Brands by 114.1% during the first quarter. Chicago Partners Investment Group LLC now owns 44,515 shares of the company’s stock worth $647,000 after buying an additional 23,719 shares in the last quarter. Institutional investors and hedge funds own 83.75% of the company’s stock.

Wall Street Analysts Forecast Growth

CAG has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on shares of Conagra Brands from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Thursday. Royal Bank Of Canada decreased their target price on shares of Conagra Brands from $16.00 to $14.00 and set a “sector perform” rating on the stock in a research report on Thursday. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Conagra Brands from $14.00 to $12.00 and set a “hold” rating on the stock in a research note on Thursday, June 18th. Sanford C. Bernstein restated an “underperform” rating and set a $12.00 price target (down from $16.00) on shares of Conagra Brands in a research note on Wednesday, June 3rd. Finally, BNP Paribas Exane decreased their price objective on Conagra Brands from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $14.07.

Get Our Latest Stock Analysis on Conagra Brands

Key Headlines Impacting Conagra Brands

Here are the key news stories impacting Conagra Brands this week:

Positive Sentiment: Barclays raised its price target on Conagra Brands to $17 from $16 and kept an overweight rating, implying meaningful upside from current levels. Barclays raises Conagra price target
Positive Sentiment: Jefferies reiterated a Hold rating but lifted its target to $14 from $13, and UBS also nudged its target higher to $14, suggesting analysts see some stabilization after the post-earnings reset. Conagra begins strategic reset with dividend cut and higher reinvestment
Positive Sentiment: Several reports argue that Conagra’s dividend cut could be constructive because it frees up about $335 million annually for debt reduction and brand investment, which may support a longer-term turnaround. Why Conagra’s dividend cut could be the best thing for investors
Neutral Sentiment: The company’s Q4 results were mixed: adjusted EPS was roughly in line, but revenue and operating profit missed expectations and management issued a weak annual outlook. Reuters: Conagra forecasts annual profit below estimates
Neutral Sentiment: Management is emphasizing a margin reset, supply-chain improvements, portfolio simplification, and selective reinvestment, which supports the idea of a turnaround but also highlights that the recovery will take time. Q4 earnings call highlights margin reset and cost focus
Negative Sentiment: The dividend cut and below-estimate profit outlook signal ongoing pressure on earnings and cash flow, which remains a concern for income-focused investors. Seeking Alpha commentary on Conagra dividend cut

Conagra Brands Stock Performance

Conagra Brands stock opened at $14.29 on Friday. The firm has a market capitalization of $6.84 billion, a P/E ratio of -3.57 and a beta of -0.02. The stock has a fifty day moving average price of $13.61 and a two-hundred day moving average price of $15.71. Conagra Brands has a 52-week low of $12.53 and a 52-week high of $20.32. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.90 and a quick ratio of 0.30.

Conagra Brands (NYSE:CAG – Get Free Report) last issued its earnings results on Wednesday, July 15th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.46 by $0.01. Conagra Brands had a negative net margin of 16.99% and a positive return on equity of 10.44%. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.89 billion. During the same quarter in the previous year, the company earned $0.56 EPS. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. Conagra Brands has set its FY 2027 guidance at 1.400-1.500 EPS. As a group, analysts anticipate that Conagra Brands will post 1.48 EPS for the current fiscal year.

Conagra Brands Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Thursday, July 30th will be given a $0.175 dividend. The ex-dividend date is Thursday, July 30th. This represents a $0.70 dividend on an annualized basis and a yield of 4.9%. Conagra Brands’s payout ratio is -35.00%.

Conagra Brands Profile

(Free Report)

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.