Steadtrust LLC Increases Stock Holdings in Conagra Brands $CAG

Posted by Brenda Bartman on Aug 10th, 2026

Steadtrust LLC grew its position in Conagra Brands (NYSE:CAG – Free Report) by 124.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,200 shares of the company’s stock after buying an additional 42,200 shares during the quarter. Steadtrust LLC’s holdings in Conagra Brands were worth $1,026,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp grew its stake in Conagra Brands by 2.3% in the 2nd quarter. State Street Corp now owns 26,202,392 shares of the company’s stock valued at $536,363,000 after acquiring an additional 588,435 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Conagra Brands by 9.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 19,323,789 shares of the company’s stock valued at $303,771,000 after acquiring an additional 1,701,624 shares in the last quarter. Invesco Ltd. raised its position in Conagra Brands by 13.3% during the fourth quarter. Invesco Ltd. now owns 17,667,780 shares of the company’s stock worth $305,829,000 after acquiring an additional 2,079,903 shares during the last quarter. Morgan Stanley raised its position in Conagra Brands by 18.5% during the fourth quarter. Morgan Stanley now owns 15,229,557 shares of the company’s stock worth $263,624,000 after acquiring an additional 2,376,823 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Conagra Brands by 19.6% in the third quarter. Ameriprise Financial Inc. now owns 12,130,671 shares of the company’s stock valued at $222,113,000 after purchasing an additional 1,984,873 shares in the last quarter. Institutional investors and hedge funds own 83.75% of the company’s stock.

Conagra Brands Stock Down 0.2%

Shares of NYSE CAG opened at $15.09 on Monday. The firm has a market cap of $7.22 billion, a P/E ratio of -3.77 and a beta of -0.03. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.31 and a current ratio of 0.90. Conagra Brands has a 1 year low of $12.53 and a 1 year high of $20.32. The firm’s 50 day moving average price is $14.01 and its 200 day moving average price is $15.48.

Conagra Brands (NYSE:CAG – Get Free Report) last issued its quarterly earnings results on Wednesday, July 15th. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.01. Conagra Brands had a positive return on equity of 10.44% and a negative net margin of 16.99%.The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.89 billion. During the same period in the previous year, the firm posted $0.56 EPS. Conagra Brands’s revenue was up 3.6% on a year-over-year basis. Conagra Brands has set its FY 2027 guidance at 1.400-1.500 EPS. As a group, sell-side analysts anticipate that Conagra Brands will post 1.45 earnings per share for the current year.

Conagra Brands Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Thursday, July 30th will be paid a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 4.6%. The ex-dividend date is Thursday, July 30th. Conagra Brands’s dividend payout ratio is presently -17.50%.

Wall Street Analysts Forecast Growth

CAG has been the topic of several research reports. Wells Fargo & Company lowered their price target on shares of Conagra Brands from $14.00 to $13.00 and set an “underweight” rating on the stock in a research report on Monday, May 18th. Stifel Nicolaus cut their price objective 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. Sanford C. Bernstein reaffirmed an “underperform” rating and issued a $12.00 target price (down from $16.00) on shares of Conagra Brands in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft lowered their target price on Conagra Brands from $14.00 to $12.00 and set a “hold” rating on the stock in a report on Thursday, June 18th. Finally, JPMorgan Chase & Co. raised their price target on Conagra Brands from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Buy rating, eleven have given a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, Conagra Brands has an average rating of “Reduce” and a consensus price target of $14.07.

Read Our Latest Stock Analysis on Conagra Brands

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.