Conagra Brands
About: Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of fiscal 2024 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the US retail channel, with just 9% of fiscal 2024 revenue coming from international markets and 10% from foodservice.
Employees: 18,500
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
89% more call options, than puts
Call options by funds: $94.7M | Put options by funds: $50.1M
12% more repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 276
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 4 (+0) [Q1 2025]
0% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 94
1.47% less ownership
Funds ownership: 85.88% [Q4 2024] → 84.41% (-1.47%) [Q1 2025]
2% less funds holding
Funds holding: 836 [Q4 2024] → 821 (-15) [Q1 2025]
5% less capital invested
Capital invested by funds: $11.4B [Q4 2024] → $10.7B (-$625M) [Q1 2025]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
UBS Bryan Adams | 3%upside $20 | Neutral Maintained | 11 Jul 2025 |
Evercore ISI Group David Palmer | 24%upside $24 | In-Line Maintained | 11 Jul 2025 |
Stifel Matthew Smith | 8%upside $21 | Hold Maintained | 11 Jul 2025 |
Wells Fargo Chris Carey | 3%upside $20 | Equal-Weight Maintained | 11 Jul 2025 |
RBC Capital Nik Modi | 13%upside $22 | Sector Perform Maintained | 11 Jul 2025 |
Financial journalist opinion
Based on 33 articles about CAG published over the past 30 days









