SCHEDULE: BlackRock Discloses 13.5% Stake in Conagra Brands
Ownership Filing
BlackRock, Inc. has reported a beneficial ownership of 13.5% in Conagra Brands Inc. as of June 30, 2026.
Summary
- BlackRock, Inc. has filed a Schedule 13G, indicating its beneficial ownership of Conagra Brands Inc. common stock.
- The filing, dated June 30, 2026, shows BlackRock beneficially owns 64,450,818 shares.
- This represents 13.5% of the class of securities.
- BlackRock has sole voting power over 63,316,283 shares and sole dispositive power over 64,450,818 shares.
- The filing also notes that iShares Core S&P Small-Cap ETF has an interest of more than five percent in Conagra Brands Inc. common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing. It reports a significant ownership stake by a major institutional investor, which is generally positive for stability, but it does not contain operational or financial performance data for Conagra Brands itself.
Positives
- BlackRock's significant stake suggests confidence in Conagra Brands' long-term prospects.
- The iShares Core S&P Small-Cap ETF's interest indicates broad market exposure and potential for continued investment.
Risks
- While not explicitly stated as a risk in this filing, significant institutional ownership can sometimes lead to increased pressure on management for performance and strategic changes.
- The filing does not detail any specific risks associated with Conagra Brands' business operations.
Future Outlook
This filing is a snapshot of ownership as of a specific date and does not contain forward-looking statements or guidance from Conagra Brands Inc. itself. BlackRock's future outlook for its investment is not detailed.
Industry Context
StockSavvy.ai notes that a Schedule 13G filing by a major asset manager like BlackRock signifies substantial institutional interest in Conagra Brands, a company operating in the consumer staples sector. This level of ownership often reflects a belief in the company's stability and potential for steady returns, aligning with the typical investment profile of index funds and large diversified portfolios.
Stakeholder Impact
- Shareholders: The filing indicates continued significant institutional support for Conagra Brands, which can be viewed positively.
- Management: Increased institutional ownership may lead to greater scrutiny and engagement from BlackRock regarding corporate strategy and performance.
- Market Analysts: This filing provides data for market analysis regarding institutional holdings and investor sentiment towards Conagra Brands.
Next Steps
- BlackRock will continue to hold or adjust its position in Conagra Brands Inc. common stock.
- Future filings will be made if BlackRock's beneficial ownership changes significantly.
Key Dates
| Date | Description |
|---|---|
| 04/30/2023 | Previous Power of Attorney dated for BlackRock, Inc. |
| 01/21/2025 | Effective date of the current Power of Attorney for BlackRock, Inc. |
| 06/30/2026 | Date of Event Which Requires Filing of this Statement (Schedule 13G filing date). |
| 07/08/2026 | Date of signature for the Schedule 13G filing. |
Keywords
Schedule 13G, BlackRock, Conagra Brands, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, iShares Core S&P Small-Cap ETF
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