Hsbc Holdings PLC Grows Stake in Conagra Brands $CAG

Posted by George Bondi on Jun 26th, 2026

Hsbc Holdings PLC increased its holdings in Conagra Brands (NYSE:CAG – Free Report) by 25.0% during the fourth quarter, Holdings Channel reports. The firm owned 785,989 shares of the company’s stock after acquiring an additional 157,423 shares during the quarter. Hsbc Holdings PLC’s holdings in Conagra Brands were worth $13,634,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. CYBER HORNET ETFs LLC purchased a new stake in Conagra Brands during the 2nd quarter valued at approximately $26,000. Harbour Investments Inc. lifted its holdings in shares of Conagra Brands by 80.4% in the fourth quarter. Harbour Investments Inc. now owns 1,573 shares of the company’s stock worth $27,000 after buying an additional 701 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in shares of Conagra Brands in the second quarter worth $29,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Conagra Brands during the third quarter worth $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Conagra Brands by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,000 shares of the company’s stock worth $35,000 after acquiring an additional 1,000 shares during the last quarter. 83.75% of the stock is currently owned by institutional investors.

Conagra Brands Trading Up 1.3%

Shares of NYSE CAG opened at $13.79 on Friday. Conagra Brands has a 1-year low of $12.53 and a 1-year high of $21.37. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.90 and a quick ratio of 0.30. The business’s 50 day moving average is $13.71 and its two-hundred day moving average is $16.08. The stock has a market capitalization of $6.60 billion, a P/E ratio of -137.89, a PEG ratio of -0.84 and a beta of -0.02.

Conagra Brands (NYSE:CAG – Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Conagra Brands had a negative net margin of 0.39% and a positive return on equity of 10.15%. Conagra Brands’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 earnings per share. As a group, research analysts expect that Conagra Brands will post 1.7 EPS for the current year.

Conagra Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Thursday, April 30th were given a $0.35 dividend. The ex-dividend date was Thursday, April 30th. This represents a $1.40 dividend on an annualized basis and a yield of 10.2%. Conagra Brands’s dividend payout ratio (DPR) is currently -1,400.00%.

Insiders Place Their Bets

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

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. UBS Group cut their target price on shares of Conagra Brands from $16.00 to $13.00 and set a “neutral” rating for the company in a research note on Tuesday, June 2nd. The Goldman Sachs Group cut their price objective on Conagra Brands from $17.00 to $15.00 and set a “sell” rating for the company in a research report on Thursday, April 2nd. Weiss Ratings raised Conagra Brands from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, June 11th. JPMorgan Chase & Co. decreased their target price on Conagra Brands from $17.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Finally, TD Cowen cut their price target on Conagra Brands from $18.00 to $14.00 and set a “hold” rating for the company in a report on Wednesday, March 25th. One investment analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat, Conagra Brands currently has an average rating of “Reduce” and an average target price of $14.13.

View Our Latest Analysis on Conagra Brands

Conagra Brands Company 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.