Company profile

Sean M. Connolly
Incorporated in
Fiscal year end
Industry (SEC)
Former names
Conagra Foods Inc, Conagra Inc
IRS number

CAG stock data

FINRA relative short interest over last month (20 trading days) ?


31 Mar 20
7 Apr 20
31 May 20


Company financial data Financial data

Quarter (USD) Feb 20 Nov 19 Aug 19 May 19
Revenue 2.56B 2.82B 2.39B 2.61B
Net income 204.4M 260.5M 173.8M 126.5M
Diluted EPS 0.42 0.53 0.36 0.26
Net profit margin 8.00% 9.23% 7.27% 4.84%
Operating income 439.6M 515.8M 363.2M 388.7M
Net change in cash -93M 127.3M -171.9M -45.6M
Cash on hand 99M 192M 64.7M 236.6M
Cost of revenue 1.87B 2.02B 1.73B 1.91B
Annual (USD) May 19 May 18 May 17 May 16
Revenue 9.54B 7.94B 7.83B 1.5B
Net income 678.3M 808.4M 639.3M -677M
Diluted EPS 1.52 1.98 1.46 -1.56
Net profit margin 7.11% 10.18% 8.17% -45.13%
Operating income 1.64B 1.41B 1.24B 1.22B
Net change in cash 108.6M -123.4M -546.7M 664M
Cash on hand 236.6M 128M 251.4M 798.1M
Cost of revenue 6.89B 5.59B 5.48B 6.23B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
2 Mar 20 Ruth Ann Marshall Common Stock Grant Aquire A 28.24 1,062.32 30K 104,826.04
2 Mar 20 Stephen G Butler Common Stock Grant Aquire A 28.24 1,062.32 30K 136,155.15
2 Mar 20 Anil Arora Common Stock Grant Aquire A 28.24 442.63 12.5K 8,221.36
1 Mar 20 Jana Partners Common Stock Option exercise Aquire M 0 2,228 0 11,732,835
1 Mar 20 Jana Partners RSU Common Stock Option exercise Dispose M 0 2,228 0 0
1 Feb 20 Melissa Lora Common Stock Option exercise Aquire M 0 2,841 0 2,906
1 Feb 20 Melissa Lora RSU Common Stock Option exercise Dispose M 0 2,841 0 0
86.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 708 669 +5.8%
Opened positions 109 93 +17.2%
Closed positions 70 71 -1.4%
Increased positions 215 209 +2.9%
Reduced positions 242 232 +4.3%
13F shares
Current Prev Q Change
Total value 156.88B 160.25B -2.1%
Total shares 421.37M 424.61M -0.8%
Total puts 7.82M 6.29M +24.2%
Total calls 8.04M 6.83M +17.7%
Total put/call ratio 1.0 0.9 +5.5%
Largest owners
Shares Value Change
Vanguard 56.19M $1.92B +1.1%
BLK BlackRock 42.22M $1.45B +1.0%
N Price T Rowe Associates 36.88M $1.26B -25.4%
MCQEF Macquarie 33.85M $1.16B +10.4%
Capital World Investors 29.65M $1.02B +26.3%
STT State Street 21.94M $751.36M +0.2%
Jana Partners 14.96M $512.29M 0.0%
FMR 11.35M $388.78M -6.9%
BK Bank Of New York Mellon 7.7M $263.62M -10.7%
Geode Capital Management 7.66M $261.88M +7.2%
Largest transactions
Shares Bought/sold Change
N Price T Rowe Associates 36.88M -12.53M -25.4%
Capital World Investors 29.65M +6.17M +26.3%
Norges Bank 4.68M +4.68M NEW
AMP Ameriprise Financial 6.29M -3.57M -36.2%
MCQEF Macquarie 33.85M +3.19M +10.4%
BEN Franklin Resources 2.55M +2.54M +19745.4%
First Trust Advisors 777.37K -1.66M -68.1%
Millennium Management 291.47K -1.51M -83.8%
MS^L Morgan Stanley 3.82M +1.23M +47.7%
NEU Neuberger Berman 720.24K -1.16M -61.7%

Financial report summary

  • Deterioration of general economic conditions could harm our business and results of operations.
  • Disruption of our supply chain could have an adverse impact on our business, financial condition, and results of operations.
  • We rely on our management team and other key personnel.
Management Discussion
  • On October 26, 2018, we completed our acquisition of Pinnacle Foods Inc ("Pinnacle"), a branded packaged foods company specializing in shelf-stable and frozen foods (the "Pinnacle acquisition"). As a result of the acquisition, Pinnacle became a wholly-owned subsidiary of the Company. The total amount of consideration paid in connection with the acquisition was approximately $8.03 billion, consisting of cash and shares of our stock, as described in more detail in the section entitled "Acquisitions" below.
  • In connection with the Pinnacle acquisition, we incurred approximately $8.33 billion of long-term debt and received cash proceeds of $575.0 million ($555.7 million net of related fees) from the issuance of common stock in an underwritten public offering. We used such proceeds for the payment of the cash portion of the Merger Consideration (as defined below), the repayment of Pinnacle debt acquired, the refinancing of certain Conagra Brands debt, and the payment of related fees and expenses.
  • The integration of Pinnacle is continuing and on-track. We expect to achieve cost synergies of $285 million per year when the integration is concluded.
Content analysis ?
H.S. junior Avg
New words: accessing, altogether, attempted, attract, aware, behavior, casual, climate, compete, constrained, costly, dedication, deterioration, dining, disaster, diverted, duration, elevated, entertainment, failure, fine, fire, franchise, freeze, fuel, home, ill, insufficient, leave, likelihood, lose, lost, move, national, opportunity, outbreak, pandemic, passed, rely, restaurant, shutdown, simplification, slight, slightly, soft, talented, team, terrorism, traffic, train, travel, undrawn, unemployment, warmer, wide, winter
Removed: alternate, approximating, bank, bear, failed, greatest, iii, Intersegment, mature, penalty, prepay, prime, reserve, thirteen, voluntarily