FY2025 EPS Estimates for Kellanova Increased by DA Davidson

Kellanova (NYSE:K) – Analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for shares of Kellanova in a research report issued to clients and investors on Tuesday, February 18th. DA Davidson analyst B. Holland now expects that the company will post earnings per share of $4.19 for the year, up from their previous forecast of $4.11. The consensus estimate for Kellanova’s current full-year earnings is $3.92 per share.

Kellanova (NYSE:K) last issued its earnings results on Thursday, February 6th. The company reported $0.92 earnings per share for the quarter, topping 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%.

Several other research firms also recently commented on K. BNP Paribas downgraded Kellanova from an “outperform” rating to a “neutral” rating and set a $83.00 price objective for the company. in a report on Friday, November 1st. StockNews.com initiated coverage on shares of Kellanova in a research note on Sunday. They set a “hold” rating for the company. Finally, Royal Bank of Canada upgraded shares of 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. Thirteen investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $77.96.

Kellanova Stock Up 0.1 %

Kellanova stock opened at $82.34 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 0.81 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $28.38 billion, a PE ratio of 21.28, a PEG ratio of 4.21 and a beta of 0.37. The firm’s fifty day moving average is $81.40 and its 200 day moving average is $80.35. Kellanova has a 12-month low of $52.46 and a 12-month high of $82.41.

Institutional Investors Weigh In On Kellanova

Several large investors have recently added to or reduced their stakes in the business. BCK Capital Management LP lifted its position in Kellanova by 101.6% during the fourth quarter. BCK Capital Management LP now owns 168,610 shares of the company’s stock valued at $13,652,000 after purchasing an additional 84,970 shares during the last quarter. Vise Technologies Inc. lifted its holdings in shares of Kellanova by 100.1% during the 4th quarter. Vise Technologies Inc. now owns 6,450 shares of the company’s stock worth $522,000 after acquiring an additional 3,227 shares during the last quarter. CSS LLC IL raised its position in Kellanova by 3,312.8% during the fourth quarter. CSS LLC IL now owns 13,651 shares of the company’s stock valued at $1,105,000 after purchasing an additional 13,251 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Kellanova by 3.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,661,225 shares of the company’s stock worth $215,479,000 after purchasing an additional 86,293 shares during the last quarter. Finally, Waverly Advisors LLC increased its position in shares of Kellanova by 752.5% during the 4th quarter. Waverly Advisors LLC now owns 50,087 shares of the company’s stock valued at $4,056,000 after purchasing an additional 44,212 shares during the last quarter. 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 Kellanova stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $80.99, for a total transaction of $9,280,077.17. Following the completion of the transaction, the insider now owns 49,337,025 shares of the company’s stock, valued at $3,995,805,654.75. The trade was a 0.23 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 1,260,413 shares of company stock valued at $102,571,264 in the last ninety days. 1.80% of the stock is currently owned by insiders.

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.