<div id="readability-page-1"><p>Meyer Handelman Co. cut its stake in shares of  Conagra Brands (NYSE:CAG - Free Report) by 46.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 131,628 shares of the company's stock after selling 112,262 shares during the period. Meyer Handelman Co.'s holdings in Conagra Brands were worth $2,410,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Conagra Brands</strong> alerts:</span></p></div><ul><li>Worried About Mag 7 Concentration Risk? This ETF Could Help</li></ul><p>A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. lifted its holdings in  Conagra Brands by 331.2% in the third quarter. Blue Trust Inc. now owns 17,901 shares of the company's stock valued at $328,000 after acquiring an additional 13,750 shares during the period.  Collar Capital Management LLC bought a new position in shares of  Conagra Brands in the 3rd quarter worth approximately $2,415,000.  QSM Asset Management Ltd grew its position in  Conagra Brands by 72.2% during the third quarter. QSM Asset Management Ltd now owns 529,205 shares of the company's stock valued at $9,515,000 after buying an additional 221,949 shares during the period.  CWM LLC increased its holdings in  Conagra Brands by 174.5% during the third quarter. CWM LLC now owns 263,376 shares of the company's stock valued at $4,822,000 after buying an additional 167,436 shares during the last quarter.  Finally, Jeppson Wealth Management LLC boosted its stake in shares of  Conagra Brands by 29.2% during the 3rd quarter. Jeppson Wealth Management LLC now owns 30,513 shares of the company's stock worth $559,000 after acquiring an additional 6,898 shares during the last quarter. 83.75% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Insider Buying and Selling</h2><p>In other Conagra Brands news, SVP Melissa C. Napier sold 13,011 shares of Conagra Brands stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $17.19, for a total value of $223,659.09. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. 0.57% of the stock is owned by company insiders. </p><h2>Conagra Brands Trading Up 1.0%</h2><ul><li>Conagra Brands High-Yield and Deep Value Are a Buy in October</li></ul><p>CAG stock opened at $17.25 on Friday. The company has a market capitalization of $8.25 billion, a price-to-earnings ratio of -78.39 and a beta of -0.01. Conagra Brands has a 1-year low of $16.60 and a 1-year high of $28.51. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.89 and a quick ratio of 0.28. The business has a 50 day simple moving average of $17.53 and a two-hundred day simple moving average of $18.80. </p><p>Conagra Brands (NYSE:CAG - Get Free Report) last issued its quarterly earnings data on Friday, December 19th. The company reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.01. Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The firm had revenue of $2.98 billion during the quarter, compared to analyst estimates of $3 billion. During the same quarter last year, the business posted $0.70 earnings per share. The business's quarterly revenue was down 6.8% compared to the same quarter last year. Conagra Brands has set its FY 2026 guidance at 1.700-1.85 EPS.  Research analysts anticipate that  Conagra Brands will post 2.35 EPS for the current fiscal year. </p><h2>Conagra Brands Dividend Announcement</h2><ul><li>Conagra at Rock Bottom: 7% Yield &amp; Turnaround Poised</li></ul><p>The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 26th. Investors of record on Tuesday, January 27th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, January 27th. This represents a $1.40 dividend on an annualized basis and a yield of 8.1%. Conagra Brands's dividend payout ratio  is presently -636.36%. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several equities research analysts have recently commented on the company. UBS Group reduced their price objective on Conagra Brands from $19.00 to $18.00 and set a &#34;neutral&#34; rating for the company in a research note on Tuesday. The Goldman Sachs Group reduced their price target on Conagra Brands from $18.00 to $16.00 and set a &#34;sell&#34; rating for the company in a research report on Monday, November 24th. TD Cowen lowered their price objective on Conagra Brands from $19.00 to $18.00 and set a &#34;hold&#34; rating on the stock in a research report on Monday, December 22nd. Royal Bank Of Canada cut their price objective on Conagra Brands from $22.00 to $20.00 and set a &#34;sector perform&#34; rating for the company in a research note on Monday. Finally, Zacks Research raised shares of Conagra Brands from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Thursday, October 2nd. One analyst  has rated the stock with a Buy rating, thirteen have given a Hold rating and three have assigned  a Sell rating to the stock. Based on data from MarketBeat, the company  has a consensus rating of &#34;Reduce&#34; and a consensus target price of $19.07.</p><p><b>Get Our Latest Research Report on Conagra Brands</b></p><h2>Conagra Brands Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Conagra Brands</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNBRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNBRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Conagra Brands Right Now?</h2><p>Before you consider Conagra Brands, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Conagra Brands wasn't on the list.</p><p>While Conagra Brands currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Meyer Handelman Co. reduced its stake in Conagra Brands by 46% in Q3, selling 112,262 shares. Conagra's stock is owned 83.75% by institutional investors. The company reported Q3 earnings of $0.45 per share, slightly above estimates, with revenue down 6.8% year-over-year. Conagra's stock opened at $17.25, with a market cap of $8.25 billion. Analysts have adjusted price targets, with some downgrades. The company announced a quarterly dividend of $0.35 per share, yielding 8.1% annually.</p>

Meyer Handelman Co. Sells 112,262 Shares of Conagra Brands $CAG