Conagra Brands CAG has experienced significant activity, with numerous investment management firms purchasing or selling its shares. Sciencast Management, Mirae Asset Global ETFS Holdings, Teza Capital Management, Gotham Asset Management, Advisors Asset Management, and Canada Pension Plan Investment Board, for instance, have purchased shares, while the Manufacturers Life Insurance Company, Kestra Investment Management, Northern Trust Corp, and Price T Rowe Associates have sold shares. Further, CAG's dividend of 7% is believed to be secure, albeit temporarily. A shift in strategy, emphasizing snacking while launching a collaboration with Buffalo Wild Wings, has received mixed reviews. Reviews from financial pundits like Jim Cramer signal CAG's struggle connecting to younger demographics and dealing with tariffs. Recently, Conagra has divested several popular food brands, such as Van de Kamp's, Mrs. Paul's, and Chef Boyardee. While the food giant's Q4 earnings fell short of estimates, it has implemented new innovations and strategies for 2025, despite an ongoing struggle with stagnating growth. Notably, the "Future of Snacking 2025" report reveals a focus on bold flavors and healthier choices. Despite challenges, some consider Conagra a strong buy amid its current valuation disconnect.
Conagra Brands CAG News Analytics from Mon, 27 Jan 2025 08:00:00 GMT to Sat, 13 Sep 2025 14:06:09 GMT -
Rating -2
- Innovation 0
- Information 8
- Rumor -4
