Q1 Earnings Forecast for Kellanova Issued By DA Davidson

Kellanova (NYSE:K) – Investment analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Kellanova in a research note issued on Tuesday, February 18th. DA Davidson analyst B. Holland anticipates 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.

Other analysts have also issued research reports about the company. Royal Bank of Canada raised Kellanova from a “sector perform” rating to an “outperform” rating and set a $83.50 price objective for the company in a report on Tuesday. BNP Paribas downgraded Kellanova from an “outperform” rating to a “neutral” rating and set a $83.00 price objective on the stock. in a research report on Friday, November 1st. Finally, StockNews.com began coverage on Kellanova in a research report on Sunday, February 16th. They issued a “hold” rating on the stock. Thirteen analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $77.96.

Kellanova Stock Up 0.0 %

Kellanova stock opened at $82.44 on Thursday. The firm has a market cap of $28.42 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 4.21 and a beta of 0.37. The stock has a fifty day simple moving average of $81.47 and a two-hundred day simple moving average of $80.63. Kellanova has a 12 month low of $52.46 and a 12 month high of $82.49. The company has a current ratio of 0.81, a quick ratio of 0.56 and a debt-to-equity ratio of 1.29.

Kellanova (NYSE:K) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.61. Kellanova had a return on equity of 37.25% and a net margin of 10.53%.

Institutional Trading of Kellanova

Several institutional investors have recently made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new position in shares of Kellanova in the fourth quarter worth $27,000. BankPlus Trust Department purchased a new stake in Kellanova in the fourth quarter valued at $28,000. Rialto Wealth Management LLC purchased a new stake in shares of Kellanova in the fourth quarter valued at about $32,000. Flagship Wealth Advisors LLC acquired a new position in Kellanova during the 4th quarter worth approximately $32,000. Finally, MCF Advisors LLC increased its holdings in shares of Kellanova by 48.8% in the 3rd quarter. MCF Advisors LLC now owns 418 shares of the company’s stock valued at $34,000 after purchasing an additional 137 shares in the last quarter. Hedge funds and other institutional investors own 83.87% of the company’s stock.

Insider Activity

In other Kellanova news, major shareholder Kellogg W. K. Foundation Trust sold 114,583 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $82.25, for a total value of $9,424,451.75. Following the transaction, the insider now directly owns 48,076,612 shares of the company’s stock, valued at $3,954,301,337. This trade represents a 0.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 1,145,830 shares of company stock worth $93,291,187 in the last ninety days. Company insiders own 1.80% of the company’s stock.

About Kellanova

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.