Core Insights - Thompson, Siegel, and Walmsley (TSW) has increased its stake in Conagra Brands, making it the 7th-largest holding in their portfolio, with a total position of 5,269,532 shares valued at $96.48 million as of the end of the third quarter [1][2]. Company Overview - Conagra Brands is a leading North American packaged foods company with a diversified product lineup and strong brand portfolio [6]. - The company reported a trailing twelve months (TTM) revenue of $11.45 billion and a net income of $850.10 million, with a dividend yield of 8.13% [4]. Recent Performance - As of December 1, 2025, Conagra Brands shares were priced at $17.22, reflecting a 33% decline over the prior year and underperforming the S&P 500 by 49 percentage points [3]. - The stock is currently trading at 0.7 times sales, the lowest since 2015, and at 7 times free cash flow, close to its lowest in the last two decades [11]. Investment Rationale - TSW's investment in Conagra aligns with a value investing strategy, as the company is seen as stable despite declining sales growth rates and challenges from GLP-1 medicines impacting food companies [10]. - The company holds $7.5 billion in long-term debt against a market capitalization of $8.2 billion, necessitating continued debt repayment to ensure the safety of its high-yield dividend and overall company longevity [12]. Product Portfolio - Conagra offers a broad portfolio of branded packaged foods, including frozen meals, snacks, and shelf-stable grocery products under well-known brands such as Birds Eye, Duncan Hines, Healthy Choice, and Slim Jim [9]. - The company generates revenue primarily through the manufacturing and distribution of consumer food products across various channels, leveraging scale and brand recognition [9].

Core Insights - The article emphasizes the importance of in-depth research on various income alternatives, including REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs, highlighting the value of joining iREIT on Alpha for comprehensive analysis [1]. Group 1: Research Focus - The analyst Leo Nelissen specializes in major economic developments related to supply chains, infrastructure, and commodities, aiming to provide insightful analysis and actionable investment ideas [2]. - The focus is particularly on dividend growth opportunities, indicating a strategic approach to identifying potential investments [2]. Group 2: Analyst and Company Disclosures - The analyst has no current stock or derivative positions in the companies mentioned and does not plan to initiate any within the next 72 hours, ensuring objectivity in the analysis [3]. - Seeking Alpha clarifies that past performance does not guarantee future results and that no specific investment recommendations are provided, emphasizing the independent nature of the analysts' views [4].

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Company Summaries B&G Foods Inc (NYSE:BGS) - Dividend Yield: 17.08% - Barclays analyst Brandt Montour maintained an Equal-Weight rating and reduced the price target from $5 to $4 [7] - Piper Sandler analyst Michael Lavery kept a Neutral rating and lowered the price target from $7 to $5 [7] - Recent News: B&G Foods reported positive quarterly results on Nov. 5 [7] Conagra Brands Inc (NYSE:CAG) - Dividend Yield: 7.89% - Morgan Stanley analyst Megan Alexander maintained an Equal-Weight rating and increased the price target from $20 to $21 [7] - UBS analyst Bryan Adams maintained a Neutral rating and cut the price target from $20 to $19 [7] - Recent News: Conagra Brands is set to release fiscal 2026 second quarter earnings on Dec. 19 [7] Energizer Holdings Inc (NYSE:ENR) - Dividend Yield: 6.85% - Morgan Stanley analyst Dara Mohsenian maintained an Equal-Weight rating and reduced the price target from $28 to $22 [7] - Barclays analyst Lauren Lieberman maintained an Equal-Weight rating and raised the price target from $24 to $27 [7] - Recent News: Energizer Holdings reported mixed fourth-quarter financial results and provided first-quarter EPS guidance below estimates on Nov. 18 [7]

Core Viewpoint - Top Wall Street analysts have revised their outlook on several key stocks, indicating potential investment opportunities and shifts in market sentiment [1] Group 1: Analyst Ratings Changes - Analysts have made notable upgrades and downgrades on various stocks, reflecting changes in their assessments of company performance and market conditions [1] - The article suggests that investors should consider the insights provided by analysts when evaluating potential stock purchases, particularly for AMAT stock [1]

Core Insights - Conagra Brands, a 105-year-old company with over 20 national food brands, is projected to achieve more than $11.6 billion in sales this year while modernizing its portfolio for future growth [1] - The company's stock has declined 37% year-to-date, making it one of the worst performers in the S&P 500, which has resulted in an increased dividend yield of 8% [2] - Conagra has a trailing payout ratio of 78% and has increased its dividend for the past six years, indicating a commitment to returning value to shareholders [7] Conagra Brands - Conagra is focusing on modernizing its product offerings to drive future growth [1] - The company has experienced a significant stock decline, which has led to a high dividend yield, attracting value investors [2] - The dividend payments from Conagra are projected to grow, with historical growth rates averaging 6.3% annually over the past five years [3] - The current dividend yield of Conagra is significantly higher than the S&P 500 average of 1.2% [5] - Conagra's price-to-earnings (P/E) and price-to-sales (P/S) ratios are near 10-year lows, suggesting potential value [7] United Parcel Service (UPS) - UPS has also faced a challenging year, with a 28% decline in stock price, resulting in a dividend yield of almost 7% [8] - The company has maintained or increased its dividend annually since going public in 1999, reflecting its financial strength [9] - UPS's dividend payout ratio is currently at 91%, but it is expected to decrease as earnings per share (EPS) are projected to grow by 4% and 11% in 2026 and 2027, respectively [10] Pfizer - Pfizer's stock has seen a modest decline of 5% year-to-date, with a current dividend yield of 6.9%, the highest in the healthcare sector [11] - The company has a 98% dividend payout ratio, which is projected to decline to 75% by 2026, indicating potential for sustainable dividends [12] - Pfizer has a strong track record of dividend increases over the past 16 years, supported by its balance sheet strength [12] Verizon - Verizon offers a dividend yield of 6.7%, making it one of the top dividend payers in the S&P 500 [13] - The company has a commitment to returning value to shareholders, with a 21-year track record of annual dividend increases [14] - Verizon's current P/E ratio is less than 9 times earnings for the next 12 months, indicating potential undervaluation [15]

Core Viewpoint - The article promotes a live video series called "Underdog Daily Dividend Show" hosted by Fredrik Arnold, which highlights potential investment opportunities in dividend-paying stocks [1]. Group 1 - The show airs on Facebook at around 10 AM on every NYSE trading day [1]. - The program encourages audience interaction by inviting comments on favorite or curious stock tickers for future reports [1].

Group 1 - Conagra Brands (CAG) is positioned as a compelling opportunity for long-term investors seeking a defensive approach to withstand market turbulence [1] - The company specializes in consumer packaged goods, which may provide stability during periods of increased market volatility [1] Group 2 - The analysis emphasizes the importance of understanding macro trends and their influence on asset prices and investor behavior [1] - The article aims to share insights and foster discussions among investors to enhance confidence in long-term investing [1]

Core Points - Conagra Brands, Inc. will release its fiscal 2026 second quarter results on December 19, 2025, followed by a live Q&A session with the investment community [1] - The company generated nearly $12 billion in net sales for fiscal 2025, highlighting its position as one of North America's leading branded food companies [3] Company Information - Conagra Brands has a 100-year history in quality food production and focuses on innovation and collaboration to meet changing consumer preferences [3] - The company's brand portfolio includes well-known names such as Birds Eye®, Duncan Hines®, Healthy Choice®, and Slim Jim® [3] Event Participation - Conagra Brands will participate in the J.P. Morgan U.S. Opportunities Forum on November 12, 2025, with Sean Connolly, the president and chief executive officer, representing the company [6]

Group 1: CarMax, Inc. (NYSE: KMX) - Jim Cramer expressed a negative outlook on CarMax, stating that the business is performing poorly [1] - Barclays analyst John Babcock initiated coverage of CarMax with an Underweight rating and a price target of $28 [1] Group 2: ServiceNow, Inc. (NYSE: NOW) - ServiceNow reported better-than-expected third-quarter financial results, with earnings of $4.82 per share, surpassing the analyst estimate of $4.27 [2] - The company's quarterly revenue was $3.4 billion, exceeding the analyst consensus estimate of $3.35 billion [2] - ServiceNow announced a five-for-one stock split [2] - Jim Cramer recommended holding ServiceNow for long-term investments, citing strong fundamentals [1] Group 3: Conagra Brands, Inc. (NYSE: CAG) - Jim Cramer indicated he does not invest in companies with flat revenues over multiple years [2] - Conagra reported quarterly net sales of $2.63 billion, a decrease of 5.8% from the previous year [2] - The company's adjusted earnings per share were 39 cents, down 26.4% year-over-year [2]

Core Insights - Conagra Brands, Inc. (CAG) is recognized for its attractive dividend yield, yet the stock has experienced a significant decline, raising questions among investors about the underlying reasons for this drop [1] Company Analysis - The stock chart of Conagra Brands presents a concerning trend, indicating a classic scenario of stock price decline [1] - The company has been under scrutiny due to its performance, which may suggest potential mispricing in the market that could be explored for investment opportunities [1]