Community Bank N.A. Has $2.13 Million Position in Conagra Brands $CAG

Posted by Brenda Bartman on Sep 9th, 2026

Community Bank N.A. increased its holdings in shares of Conagra Brands (NYSE:CAG – Free Report) by 32.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 158,103 shares of the company’s stock after purchasing an additional 38,556 shares during the period. Community Bank N.A.’s holdings in Conagra Brands were worth $2,128,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in Conagra Brands in the 2nd quarter worth approximately $1,071,275,000. State Street Corp lifted its holdings in shares of Conagra Brands by 2.3% during the second quarter. State Street Corp now owns 26,202,392 shares of the company’s stock worth $536,363,000 after buying an additional 588,435 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Conagra Brands by 9.7% in the first 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 during the period. Invesco Ltd. grew its stake in shares of Conagra Brands by 13.3% in 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. Finally, Morgan Stanley grew its stake in shares of Conagra Brands by 18.5% in 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. Institutional investors own 83.75% of the company’s stock.

Conagra Brands Stock Performance

CAG opened at $15.28 on Wednesday. The stock’s 50 day simple moving average is $15.09 and its 200-day simple moving average is $15.03. The company has a current ratio of 0.90, a quick ratio of 0.31 and a debt-to-equity ratio of 1.02. The stock has a market cap of $7.31 billion, a PE ratio of -3.82 and a beta of -0.01. Conagra Brands has a 1 year low of $12.53 and a 1 year high of $20.32.

Conagra Brands (NYSE:CAG – Get Free Report) last posted its quarterly earnings results on Wednesday, July 15th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm 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 earnings per share. The business’s revenue 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. Sell-side analysts forecast that Conagra Brands will post 1.45 EPS for the current year.

Conagra Brands Cuts Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Royal Bank Of Canada dropped 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, July 16th. JPMorgan Chase & Co. raised their price target on shares of Conagra Brands from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Jefferies Financial Group dropped their price objective on shares of Conagra Brands from $15.00 to $13.00 and set a “hold” rating on the stock in a report on Wednesday, May 27th. UBS Group upped their price objective on shares of Conagra Brands from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Finally, Evercore reduced their target price on shares of Conagra Brands from $18.00 to $13.00 in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Conagra Brands presently has an average rating of “Reduce” and an average price target of $14.07.

Read Our Latest Report on CAG

About Conagra Brands

(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.