Conagra Brands (CAG)

Company Profile

Conagra Brands, Inc., headquartered in Chicago, is one of North America'sleading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Birds Eye®, Marie Callender's®, Banquet®, Healthy Choice®, Slim Jim®, Reddi-wip®, and Vlasic®, as well as emerging brands, including Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein®, and Frontera®, offer choices for every occasion.

Company profile

Ticker

CAG

Exchange

NYSE

Website

www.conagrabrands.com

CEO

Sean Connolly

Incorporated

Delaware

Location

Illinois

Fiscal year end

May 28

Sector

Manufacturing > All Other Miscellaneous Food Manufacturing

Industry (SIC)

Food and Kindred Products

Mondelez International • Campbell Soup • Hain Celestial • Flowers Foods • B&G Foods • Sovos Brands • Bellring Brands • Simply Good Foods • Benson Hill • Beyond Meat ...

Former names

CONAGRA FOODS INC /DE/, CONAGRA INC /DE/

SEC CIK

0000023217

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Angie's Artisan Treats, LLC • Conagra G&S (CAG), LLC • Conagra G&S (PF), LLC • Conagra R&F (PF), LLC • ConAgra Foods AM Holdings LP • Conagra Brands Canada Inc. • ConAgra Foods Enterprise Services, Inc. • ConAgra Foods Packaged Foods, LLC • ConAgra Foods RDM, LLC • ConAgra Foods Sales, LLC ...

IRS number

470248710

CAG stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$41.38

Low target

$35.00

High target

$48.00

Latest filings (excl ownership)

View all

5 Jan 23

CONAGRA BRANDS REPORTS second QUARTER RESULTS

6 Oct 22

CONAGRA BRANDS REPORTS first QUARTER RESULTS

6 Oct 22

8-K

Amendments to Articles of Incorporation or Bylaws

26 Sep 22

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

16 Sep 22

8-K

Entry into a Material Definitive Agreement

Additional proxy soliciting materials

10 Aug 22

8-K

Departure of Directors or Certain Officers

25 Jul 22

Transcripts

View all

CAG

Earnings call transcript

2023 Q2

5 Jan 23

CAG

Earnings call transcript

2023 Q1

6 Oct 22

CAG

Earnings call transcript

2022 Q4

14 Jul 22

CAG

Earnings call transcript

2022 Q3

7 Apr 22

CAG

Earnings call transcript

2022 Q2

6 Jan 22

CAG

Earnings call transcript

2022 Q1

7 Oct 21

CAG

Earnings call transcript

2021 Q4

13 Jul 21

CAG

Earnings call transcript

2021 Q3

8 Apr 21

CAG

Earnings call transcript

2021 Q2

7 Jan 21

CAG

Earnings call transcript

2021 Q2

7 Jan 21

Latest ownership filings

View all

RUTH ANN MARSHALL

3 Mar 23

SC 13G

PRICE T ROWE ASSOCIATES INC /MD/

Financial summary

Financial statements Chart CAG financial data

Quarter (USD)	Nov 22	Aug 22	May 22	Feb 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	May 22	May 21	May 20	May 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	39.70 mm	39.70 mm	39.70 mm	39.70 mm	39.70 mm	39.70 mm
Cash burn (monthly)	9.23 mm	2.42 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	36.71 mm	9.61 mm	n/a	n/a	n/a	n/a
Cash remaining	2.99 mm	30.09 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	0.3	12.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

CAG institutional ownership history Ownership history

45.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	855	778	+9.9%
Opened positions	141	79	+78.5%
Closed positions	64	73	-12.3%
Increased positions	330	326	+1.2%
Reduced positions	247	220	+12.3%

13F shares	Current	Prev Q	Change
Total value	15.12 tn	11.85 bn	+127541.7%
Total shares	391.03 mm	362.96 mm	+7.7%
Total puts	3.69 mm	2.25 mm	+64.2%
Total calls	3.10 mm	1.54 mm	+101.7%
Total put/call ratio	1.2	1.5	-18.6%

Largest owners	Shares	Value	Change
Vanguard	56.96 mm	$2.20 tn	+0.9%
BLK Blackrock	45.18 mm	$1.75 tn	+2.7%
T. Rowe Price	27.15 mm	$1.05 tn	-0.8%
STT State Street	24.68 mm	$955.09 bn	NEW
MCQEF Macquarie	13.81 mm	$534.70 bn	-18.3%
American Century Companies	9.89 mm	$382.79 bn	-13.3%
Geode Capital Management	9.68 mm	$375.54 bn	+2.3%
IVZ Invesco	8.63 mm	$333.94 bn	-10.6%
LSV Asset Management	8.33 mm	$323.25 bn	-0.6%
FHI Federated Hermes	7.22 mm	$279.54 bn	+3.0%

Largest transactions	Shares	Bought/sold	Change
STT State Street	24.68 mm	+24.68 mm	NEW
Capital World Investors	5.43 mm	-5.87 mm	-51.9%
Norges Bank	4.21 mm	+4.21 mm	NEW
MCQEF Macquarie	13.81 mm	-3.10 mm	-18.3%
Marshall Wace	2.14 mm	+1.66 mm	+352.9%
American Century Companies	9.89 mm	-1.52 mm	-13.3%
Point72 Asset Management	1.33 mm	+1.33 mm	NEW
BLK Blackrock	45.18 mm	+1.17 mm	+2.7%
MNGPF Man	1.18 mm	+1.12 mm	+2099.1%
BK Bank Of New York Mellon	4.48 mm	-1.06 mm	-19.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CAG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Mar 23	Ruth Ann Marshall	Common Stock	Grant	Acquire A	No	No	35.85	839.4	30.09 k	142,690.74
6 Jan 23	Wise Robert G	Common Stock	Sell	Dispose S	No	No	40.9	50,000	2.05 mm	22,717
1 Dec 22	Ruth Ann Marshall	Common Stock	Grant	Acquire A	No	No	37.83	793.02	30.00 k	141,851.35
1 Dec 22	Anil Arora	Common Stock	Grant	Acquire A	No	No	37.83	330.42	12.50 k	31,604.77
18 Oct 22	Carey Bartell	Common Stock	Sell	Dispose S	No	No	34.5	6,408	221.08 k	0