State Street Corp Updates Conagra Brands Stake as of Dec 31, 2023

TL;DR

**State Street still owns Conagra stock, signaling institutional confidence.**

AI Summary

State Street Corp, a major financial institution, filed an amended SC 13G/A on January 25, 2024, indicating its ownership of Conagra Brands Inc. common stock as of December 31, 2023. This filing is an update to their previous disclosures, confirming their continued significant, but passive, investment in the food and kindred products company. For investors, this signals that a large institutional player maintains confidence in Conagra, which can be a positive indicator of stability.

Why It Matters

This filing shows that a major institutional investor, State Street Corp, continues to hold a significant position in Conagra Brands, suggesting ongoing institutional confidence in the company.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or significant changes in company control.

Analyst Insight

A smart investor would note State Street's continued passive institutional ownership as a sign of stability, but would not make investment decisions solely based on this routine filing, instead looking for more detailed ownership percentages in the full filing.

Key Players & Entities

• State Street Corp (company) — the entity filing the SC 13G/A, a major institutional investor
• Conagra Brands Inc. (company) — the subject company whose common stock is being reported
• December 31, 2023 (date) — the date of the event which required the filing of this statement
• January 25, 2024 (date) — the date the SC 13G/A amendment was filed

FAQ

From the Filing

0000093751-24-000226.txt : 20240125 0000093751-24-000226.hdr.sgml : 20240125 20240125105337 ACCESSION NUMBER: 0000093751-24-000226 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CONAGRA BRANDS INC. CENTRAL INDEX KEY: 0000023217 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 470248710 STATE OF INCORPORATION: DE FISCAL YEAR END: 0526 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-30276 FILM NUMBER: 24559792 BUSINESS ADDRESS: STREET 1: 222 W. MERCHANDISE MART PLAZA STREET 2: SUITE 1300 CITY: CHICAGO STATE: IL ZIP: 60654 BUSINESS PHONE: 312-549-5000 MAIL ADDRESS: STREET 1: 222 W. MERCHANDISE MART PLAZA STREET 2: SUITE 1300 CITY: CHICAGO STATE: IL ZIP: 60654 FORMER COMPANY: FORMER CONFORMED NAME: CONAGRA FOODS INC /DE/ DATE OF NAME CHANGE: 20001006 FORMER COMPANY: FORMER CONFORMED NAME: CONAGRA INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NEBRASKA CONSOLIDATED MILLS CO DATE OF NAME CHANGE: 19721201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET CORP CENTRAL INDEX KEY: 0000093751 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 042456637 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1 CONGRESS STREET STREET 2: SUITE 1 CITY: BOSTON STATE: MA ZIP: 02114 BUSINESS PHONE: 617 786-3000 MAIL ADDRESS: STREET 1: 1 CONGRESS STREET STREET 2: SUITE 1 CITY: BOSTON STATE: MA ZIP: 02114 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET Corp DATE OF NAME CHANGE: 20090218 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET CORP DATE OF NAME CHANGE: 19970424 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET BOSTON FINANCIAL CORP DATE OF NAME CHANGE: 19780525 SC 13G/A 1 Conagra_Brands_Inc.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 EXIT FILING CONAGRA BRANDS INC (NAME OF ISSUER) COMMON STOCK (TITLE OF CLASS OF SECURITIES) 205887102 (CUSIP NUMBER) 12/31/2023 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT) CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED: (X) RULE 13D-1 (B) ( ) RULE 13D-1 (C) ( ) RULE 13D-1 (D) *THE REMAINDER OF THIS COVER PAGE SHALL BE FILLED OUT FOR A REPORTING PERSON`S INITIAL FILING ON THIS FORM WITH RESPECT TO THE SUBJECT CLASS OF SECURITIES, AND FOR ANY SUBSEQUENT AMENDMENT CONTAINING INFORMATION WHICH WOULD ALTER THE DISCLOSURES PROVIDED IN A PRIOR COVER PAGE. THE INFORMATION REQUIRED IN THE REMAINDER OF THIS COVER PAGE SHALL NOT BE DEEMED TO BE "FILED" FOR THE PURPOSE OF SECTION 18 OF THE SECURITIES EXCHANGE ACT OF 1934 ("ACT") OR OTHERWISE SUBJECT TO THE LIABILITIES OF THAT SECTION OF THE ACT BUT SHALL BE SUBJECT TO ALL OTHER PROVISIONS OF THE ACT (HOWEVER, SEE THE NOTES). CUSIP NO:205887102 13G Page 2 of 5 Pages 1. NAME OF REPORTING PERSON: STATE STREET CORPORATION I.R.S. IDENTIFICATION NO. OF THE ABOVE PERSON: 04-2456637 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP NOT APPLICABLE 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION BOSTON, MASSACHUSETTS 5. SOLE VOTING POWER 0 SHARES 6. SHARED VOTING POWER 15,262,181 7. SOLE DISPOSITIVE POWER 0 SHARES 8. SHARED DISPOSITIVE POWER 23,625,921 9. AGGREGATED AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 23,680,855 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES NOT APPLICABLE 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.95% 12. TYPE OF REPORTING PERSON HC CUSIP NO: 205887102 13G Page 3 of 5 Pages ITEM 1. (A) NAME OF ISSUER CONAGRA BRANDS INC (B) ADDRESS OF ISSUER`S PRINCIPAL EXECUTIVE OFFICES 222 WEST MERCHANDISE MART PLAZ SUITE 1300 CHICAGO IL 60654 UNITED STATES ITEM 2. (A) NAME OF PERSON FILING STATE STREET COR