Conagra Brands (CAG) – Among the 10 Best Food Stocks with Highest Dividends

Conagra Brands, Inc. (NYSE:CAG) is included among the 10 Best Food Stocks with Highest Dividends.

Conagra Brands (CAG) - Among the 10 Best Food Stocks with Highest Dividends

On April 23, Megan Alexander Clapp of Morgan Stanley lowered the firm’s price target on Conagra Brands, Inc. (NYSE:CAG) to $15 from $17 and kept an Equal Weight rating. The firm is adjusting its estimates across packaged foods to reflect recent trends. The analyst pointed to a tougher commodity outlook, especially after the recent move higher in oil.

During the fiscal Q3 2026 earnings call, Executive VP and CFO Marberger reaffirmed expectations for Q4. He said the company is looking for positive organic net sales growth, in line with the midpoint of its full-year guidance. On margins, he expects an improvement from Q3 levels. Advertising and promotion spending as a share of sales should ease in Q4. The extra 53rd week is also expected to add some operating leverage. He also pointed to seasonal trade patterns, along with the timing of productivity efforts and inflation, as factors supporting margin improvement.

Conagra Brands, Inc. (NYSE:CAG) is a branded food company. Its segments include Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment focuses on shelf-stable products sold across retail channels in the United States.

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