Q1 Earnings Estimate for Kellanova Issued By DA Davidson

Kellanova (NYSE:K) – Research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Kellanova in a research report issued on Tuesday, February 18th. DA Davidson analyst B. Holland expects that the company will post earnings per share of $0.85 for the quarter. The consensus estimate for Kellanova’s current full-year earnings is $3.93 per share.

Kellanova (NYSE:K) last issued its earnings results on Thursday, February 6th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.31 by $0.61. Kellanova had a net margin of 10.53% and a return on equity of 37.25%.

K has been the subject of several other research reports. StockNews.com initiated coverage on Kellanova in a research note on Sunday, February 16th. They set a “hold” rating for the company. Royal Bank of Canada raised Kellanova from a “sector perform” rating to an “outperform” rating and set a $83.50 price target for the company in a research note on Tuesday. Finally, BNP Paribas downgraded Kellanova from an “outperform” rating to a “neutral” rating and set a $83.00 price target for the company. in a research note on Friday, November 1st. Thirteen research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Kellanova currently has a consensus rating of “Hold” and a consensus target price of $77.96.

Kellanova Trading Up 0.2 %

NYSE:K opened at $82.63 on Thursday. The company has a market capitalization of $28.48 billion, a PE ratio of 21.35, a price-to-earnings-growth ratio of 4.21 and a beta of 0.37. The company has a quick ratio of 0.56, a current ratio of 0.81 and a debt-to-equity ratio of 1.29. Kellanova has a 52-week low of $52.46 and a 52-week high of $82.72. The stock has a fifty day simple moving average of $81.51 and a 200-day simple moving average of $80.64.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in K. Toronto Dominion Bank grew its position in shares of Kellanova by 5.1% during the third quarter. Toronto Dominion Bank now owns 178,845 shares of the company’s stock worth $14,435,000 after buying an additional 8,686 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Kellanova by 6.9% in the third quarter. Principal Financial Group Inc. now owns 373,792 shares of the company’s stock worth $30,169,000 after purchasing an additional 24,067 shares during the period. Wedmont Private Capital acquired a new position in Kellanova in the fourth quarter worth $384,000. Barclays PLC boosted its holdings in Kellanova by 134.7% in the third quarter. Barclays PLC now owns 1,800,363 shares of the company’s stock worth $145,309,000 after purchasing an additional 1,033,383 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Kellanova in the third quarter worth $4,211,000. 83.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, major shareholder Kellogg W. K. Foundation Trust sold 114,583 shares of the business’s stock in a transaction on Friday, February 14th. The shares were sold at an average price of $82.25, for a total transaction of $9,424,451.75. Following the transaction, the insider now directly owns 48,076,612 shares of the company’s stock, valued at approximately $3,954,301,337. The trade was a 0.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 1,145,830 shares of company stock valued at $93,291,187. 1.80% of the stock is currently owned by corporate insiders.

Kellanova Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 2.76%. Kellanova’s dividend payout ratio (DPR) is presently 58.91%.

Kellanova Company Profile

Kellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles.