Rep. Gilbert Cisneros (D-CA) Buys Conagra Brands (CAG) Stock
U.S. House Representative Gilbert Cisneros increased his stake in Conagra Brands, Inc. with a recent stock purchase.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Gilbert Cisneros (D-CA) bought between $1,001 and $15,000 of Conagra Brands, Inc. ($CAG) stock on May 15, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed June 9, 2026.
Since the trade, $CAG is up 1.0% after 1 week, up 1.4% after 1 month and up 9.0% to date (from the $13.28 close on May 15, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Cisneros (D-CA)
- Status:
- Member — House
- State/District:
- CA-31
- Party:
- democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 9, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Conagra Brands, Inc. ($CAG) | Buy | May 15, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
CAG
Conagra Brands, Inc.
Key Points
- Gilbert Cisneros bought shares of Conagra Brands, valued between $1,001 and $15,000, on May 15, 2026, as reported on June 9, 2026.
- As of the latest earnings report, Conagra has struggled with a revenue decline of 1.4%, showing a challenging environment for the consumer defensive sector.
- Conagra Brands has a forward P/E ratio of 9.47, indicating it is deemed undervalued relative to its earnings expectations.
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Gilbert Cisneros Buys Conagra Brands Shares
On May 15, 2026, Gilbert Cisneros, a U.S. House Representative from California's 31st district, bought shares of Conagra Brands, Inc. (CAG) on the NYSE. This purchase is valued between $1,001 and $15,000, with the stock trading at $13.95 at the time of the transaction. The purchase was reported publicly on June 9, 2026.
Gilbert Cisneros vs. the S&P 500
Hypothetical returns from Gilbert Cisneros's disclosed trades, not real profit or advice. How we model this.
Why This Purchase Matters
This latest acquisition reflects Cisneros's confidence in Conagra Brands, which operates in the consumer packaged goods sector. It's part of a broader trend where lawmakers are taking positions in companies that serve their constituents. Given Conagra's portfolio of popular food brands, including Healthy Choice and Marie Callender's, this move could resonate well within his district, where food production and sales are significant industries.
Institutional Activity
While no other institutional funds reported any changes in their Conagra positions, it's worth noting that market conditions can lead to varying levels of investment interest. Analysts and investors will be watching how this purchase aligns with future trends in the packaged foods sector.
Stock Performance Insight
As of June 9, 2026, Conagra Brands was trading at $13.95, slightly below its 50-day moving average of $14.91. The stock has faced pressure, trading closer to its 52-week low of $12.53 than its high of $20.32, reflecting some investor caution amid declining revenues.
Recent Earnings
In its latest earnings report, Conagra posted revenues of approximately $11.2 billion, down about 1.4% from the previous year. The company reported a negative EPS of $4.12, indicating it has not been profitable recently. The next earnings report is scheduled for December 18, 2026, and analysts will be looking for signs of recovery.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
9 target cuts vs 0 raises.
-
EPS & revenue
EPS missed estimates by 3.6%. Revenue met estimates.
-
Profit surprise
EBITDA beat by 3 percent. Operating income beat by 8 percent.
-
Pre-earnings setup
Bar was low, analysts cautious going in.
-
Analyst signal
1 downgrade, 9 target cuts.
-
Earnings quality
Gross margin down 1.4 points. Operating margin up 0.7 points. Positive free cash flow.
Earnings Call Summary
The first quarter showed recovery in frozen meals and vegetables as supply chain issues cleared, with 44 percent of the portfolio holding or gaining volume share. Revenue came in flat year over year at 2.8 billion dollars. However, the company faces ongoing weak consumer sentiment and higher protein and tariff costs, which it expects to persist through the year. The company cut net debt by over 400 million dollars through divestitures.
Guidance Conagra reaffirmed its full year targets of 1.7 to 1.85 dollars per share and flat to 1 percent sales growth. The company expects low 7 percent inflation for the year, slightly higher than the original 7 percent forecast, but productivity gains should offset most of it.
Very weak report. The release materially worsened the forward outlook.
Analysts Set New Price Targets
Analysts have mixed views on Conagra. On October 2, 2026, Barclays maintained an Overweight rating with a price target of $16.00, while Evercore ISI Group kept an In-Line rating with a target of $14.00 on October 1, 2026. The consensus among analysts is a Hold recommendation, with a mean price target of $13.74, indicating cautious optimism about the stock's potential.
What Conagra Brands, Inc. Does
Conagra Brands, based in Chicago, Illinois, is a major player in the packaged foods industry. The company offers a variety of food products across multiple segments, catering to both retail and foodservice channels. This recent purchase by Gilbert Cisneros could signal an interesting development for stakeholders in the food sector, especially in areas where Conagra's products are popular.
What’s Next for Conagra?
Investors should keep an eye on Conagra's upcoming earnings report in December, as it will provide further insight into how the company is managing its revenue challenges. The 13F filing confirms past positions, but market dynamics may affect future investments. Cisneros's purchase adds to his recent activities, as he has been active in diversifying his portfolio with other stock purchases as well.
Related Filing Alerts
Source: Gilbert Cisneros's STOCK Act disclosure on $CAG (May 15, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts