Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through four segments: North America, Europe, Latin America, and Asia Middle East Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars and bites, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Kashi, Bear Naked, Eggo, Morningstar Farms, Choco Krispies, Crunchy Nut, Nutri-Grain, Special K, Squares, Zucaritas, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, Be Natural, LCMs, Coco Pops, Frosties, Rice Krispies Squares, Kashi Go, Vector, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. Kellogg Company was founded in 1906 and is headquartered in Battle Creek, Michigan.
IPO Year:
Exchange: NYSE
Website: kelloggcompany.com
Date | Price Target | Rating | Analyst |
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11/1/2024 | $83.00 | Outperform → Neutral | Exane BNP Paribas |
10/2/2024 | Buy → Hold | Argus | |
8/26/2024 | $80.00 → $83.50 | Buy → Neutral | DA Davidson |
8/15/2024 | Outperform → Sector Perform | RBC Capital Mkts | |
8/12/2024 | $75.00 | Neutral | Goldman |
8/5/2024 | $62.00 → $76.00 | Sector Perform → Outperform | RBC Capital Mkts |
8/5/2024 | $74.00 | Neutral → Outperform | Exane BNP Paribas |
8/2/2024 | $62.00 → $70.00 | Neutral → Buy | BofA Securities |
3/1/2024 | $67.00 | Buy | DA Davidson |
2/1/2024 | $57.00 | Neutral | Citigroup |
Three new pastries enter the Bowl and vie to get eaten by the winning team, as selected by the Bowl's MVP CHICAGO, Nov. 18, 2024 /PRNewswire/ -- How does Pop-Tarts® top the first-ever Edible Mascot, an overnight internet sensation? They triple it! The Pop-Tarts Bowl is back with three times the Crazy Goodness as the highly anticipated game won't just play out between two college football teams – it'll be happening between three Pop-Tarts Edible Mascots, too. All for the ultimate pastry glory of being the game-winning snack for the Pop-Tarts Bowl victors. Following in the foots
Second year of partnership underscores Kellanova's commitment to creating #BetterDays for everyone CHICAGO, Nov. 14, 2024 /PRNewswire/ -- For the second year in a row, Cheez-It® is partnering with the College Football Playoff (CFP) Foundation's Extra Yard for Teachers initiative to give back to educators who have continuously stepped up for their students. Cheez-It is donating $300,000 to Extra Yard for Teachers—a $50,000 increase from the previous year—to help ensure teachers have the tools they need to inspire and educate future generations. "Cheez-It is thrilled to once aga
CHICAGO, Nov. 12, 2024 /PRNewswire/ -- The holiday season is upon us, and who doesn't have at least one party or gathering on the calendar? Whether hosting or bringing a snack to add to the table, knowing how to pair your crackers with the right cheeses and meats can evoke compliments and happy guests. To help create the best snack for your get-together, Kellanova's Chef Becca Kapela shared why the cracker is the unsung party hero and how to perfectly pair to impress in the company's latest blog post. Like wine, perfect cracker pairings bring spark to holiday parties "The crac
The brand behind the Cheez-In Diner celebrates fans' favorite pregame tradition with a touchdown-worthy Cheez-It inspired menu CHICAGO, Nov. 1, 2024 /PRNewswire/ -- Hut, hut, hike! Cheez-It® is hitting the open road again, bringing its signature cheesy flare to college football fans to get them "Feelin' the Cheeziest" ahead of the Cheez-It Citrus Bowl. Known for delicious absurdity, Cheez-It is transforming game day bites at fans' favorite pregame tradition, college football tailgates. Introducing the brand's first-ever Cheez Wheelz experience, a custom food truck that's ready to tackle taste buds and serve up irresistibly cheesy concoctions.
CHICAGO, Oct. 31, 2024 /PRNewswire/ -- Kellanova (NYSE:K) today published its 2024 third quarter earnings results in documents posted to the company website at https://investor.kellanova.com/financials/quarterly-results/default.aspx. A Current Report on Form 8-K was filed with the U.S. Securities and Exchange Commission and is available on its website at www.sec.gov. About Kellanova Kellanova (NYSE: K) is a leader in global snacking, international cereal and noodles, and North America frozen foods with a legacy stretching back more than 100 years. Powered by differentiated bra
This innovative offering combines fan-favourite flavours in a bowtie-shaped snack available in a new bagged format. TORONTO, Oct. 30, 2024 /CNW/ - Pringles®, a favourite snack of Canadians, has just introduced a brand-new way to enjoy these delicious crisps with the launch of Pringles® Mingles™, the brand's first-ever puffed offering. Pringles® Mingles™ offer a puffy, delicious, and flavourful experience in a new shareable pack format. The new Pringles® Mingles™ puffs are crispy on the outside and light and airy on the inside, with each bite-sized chip featuring a bowtie-style
CHICAGO, Oct. 25, 2024 /PRNewswire/ -- Kellanova (NYSE:K) today announced that its Board of Directors declared a dividend of $0.57 per share on the common stock of Kellanova, payable on December 13, 2024, to shareowners of record at the close of business on December 2, 2024. The ex-dividend date is December 2, 2024. This is the 400th dividend that Kellanova, previously Kellogg Company, has paid to owners of common stock since 1925. About Kellanova Kellanova (NYSE: K) is a leader in global snacking, international cereal and noodles, and North America frozen foods with a legacy
The iconic cracker brand launches light, flaky, buttery Club® Sweet Hawaiian crackers with the perfect hint of sweetness and brings limited-edition Cinnamon Sugar Club® Minis to shelves just in time for the holidays CHICAGO, Oct. 16, 2024 /PRNewswire/ -- Club® Crackers is bringing a touch of sweetness to their signature light, flaky and buttery crackers with a brand-new flavor: Club® Sweet Hawaiian. For fans of the popular Hawaiian rolls, Club® Sweet Hawaiian marks an exciting first-of-its-kind expansion of the beloved flavor into the cracker category. New Club® Sweet Hawaiian
CHICAGO, Oct. 16, 2024 /PRNewswire/ -- To mark World Food Day, we invited our partners at The Global FoodBanking Network (GFN) to share how the contribution and support of organizations like Kellanova helps ensure children around the world have the food they need. Kellanova (formerly Kellogg Company) is a founding member of GFN. Kellanova and GFN Partner to Ensure Better Days for Children Bylined by: Jason Woods, managing editor, The Global FoodBanking Network It's critical for children to get the nutrition they need during their first 1,000 days — if a child lacks adequate n
Satisfy Your Cravings and Get Festive This Season with Kellanova's Best CHICAGO, Oct. 11, 2024 /PRNewswire/ -- It's that time of year again—the leaves are turning, the air is crisp, and Halloween is creeping up on us. At Kellanova, our brands are ready to help you dive into the season filled with pumpkins, costumes, and all things cozy. So, whether you're planning a spooky party or just want to add a little fall flair to your pantry, we've got the snacks, sweets, and goodies to make your season magical. Pop-Tarts® Pumpkin Pie Flavor and a Costume to Savor Is it even fall witho
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer staples sector. Kellanova (NYSE:K) Dividend Yield: 3.96% B of A Securities analyst Bryan Spillane maintained a Neutral rating and cut the
Deutsche Bank analyst Steve Powers maintains Kellanova (NYSE:K) with a Hold and lowers the price target from $62 to $60.
Barclays analyst Andrew Lazar maintains Kellanova (NYSE:K) with a Equal-Weight and lowers the price target from $64 to $61.
B of A Securities analyst Bryan Spillane maintains Kellanova (NYSE:K) with a Neutral and lowers the price target from $64 to $62.
Beyond Meat Inc. (NASDAQ:BYNDHTTPS, NASDAQ:BYND) shares are trading lower Tuesday afternoon after a New York Post article mentioned vegan meats while discussing a study linking processed foods to increased risk of heart disease. What To Know: The study, conducted by researchers from the University of São Paulo and Imperial College London, analyzed the diets of over 118,000 Brits aged 40 to 69. The findings suggested that while plant-based diets consisting of whole foods like fruits, vegetables, whole grains and legumes promote heart health, ultra-processed vegan foods (UPFs) can increase heart disease-related deaths. Ultra-processed foods, which include packaged goods, drinks, cereals
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer staples sector. Altria Group, Inc. (NYSE:MO) Dividend Yield: 8.40% Stifel analyst Matthew Smith reiterated a Buy rating with a price target
Kellanova's (NYSE:K) short percent of float has fallen 9.55% since its last report. The company recently reported that it has 10.16 million shares sold short, which is 3.6% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.74 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is imp
DA Davidson analyst Brian Holland maintains Kellanova (NYSE:K) with a Buy and raises the price target from $67 to $72.
Kellanova's (NYSE:K) short percent of float has fallen 13.12% since its last report. The company recently reported that it has 11.39 million shares sold short, which is 4.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.49 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is i
Exane BNP Paribas downgraded Kellanova from Outperform to Neutral and set a new price target of $83.00
Argus downgraded Kellanova from Buy to Hold
DA Davidson downgraded Kellanova from Buy to Neutral and set a new price target of $83.50 from $80.00 previously
RBC Capital Mkts downgraded Kellanova from Outperform to Sector Perform
Goldman initiated coverage of Kellanova with a rating of Neutral and set a new price target of $75.00
RBC Capital Mkts upgraded Kellanova from Sector Perform to Outperform and set a new price target of $76.00 from $62.00 previously
Exane BNP Paribas upgraded Kellanova from Neutral to Outperform and set a new price target of $74.00
BofA Securities upgraded Kellanova from Neutral to Buy and set a new price target of $70.00 from $62.00 previously
DA Davidson initiated coverage of Kellanova with a rating of Buy and set a new price target of $67.00
Citigroup initiated coverage of Kellanova with a rating of Neutral and set a new price target of $57.00
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CHICAGO, Oct. 25, 2024 /PRNewswire/ -- Kellanova (NYSE:K) today announced that its Board of Directors declared a dividend of $0.57 per share on the common stock of Kellanova, payable on December 13, 2024, to shareowners of record at the close of business on December 2, 2024. The ex-dividend date is December 2, 2024. This is the 400th dividend that Kellanova, previously Kellogg Company, has paid to owners of common stock since 1925. About Kellanova Kellanova (NYSE: K) is a leader in global snacking, international cereal and noodles, and North America frozen foods with a legacy
CHICAGO, July 26, 2024 /PRNewswire/ -- Kellanova (NYSE:K) today announced that its Board of Directors declared a dividend of $0.57 per share on the common stock of Kellanova, payable on September 13, 2024, to shareowners of record at the close of business on September 3, 2024. The ex-dividend date is September 3, 2024. This is the 399th dividend that Kellanova, previously Kellogg Company, has paid to owners of common stock since 1925. About Kellanova Kellanova (NYSE: K) is a leader in global snacking, international cereal and noodles, and North America frozen foods with a leg
CHICAGO, June 28, 2024 /PRNewswire/ -- Kellanova (NYSE:K) plans to issue its 2024 second quarter financial results at approximately 8:00 am ET on Thursday, August 1, 2024. The following documents will be available on the Company website https://investor.kellanova.com at 8:00 am ET: Press release, financial tables, GAAP reconciliations, prior periods' results recast for discontinued operations, and presentation slides. Kellanova will also host a public webcast during which executive management will review and discuss these results. Speaking on behalf of Kellanova will be Stev
EVO ICL™ Continues to Outpace Refractive Industry Growth Record Quarterly U.S. Sales and Multiple Strategic Agreements Secured Reiterates Fiscal 2024 Net Sales Outlook and Increases Adjusted EBITDA STAAR Surgical Company (NASDAQ:K), a leading developer, manufacturer and marketer of the EVO family of Implantable Collamer® Lenses (EVO ICL™) for myopia, astigmatism and presbyopia, today reported financial results for the first quarter ended March 29, 2024. First Quarter 2024 Overview Net sales up 5% to $77.4 million and up 7% in constant currency ICL sales up 9% and units up 2% Gross margin at 78.9% vs. 78.3% year ago Net loss of $3.3 million or $0.07 loss per share vs. net
CHICAGO, April 26, 2024 /PRNewswire/ -- Kellanova (NYSE:K) today announced that its Board of Directors declared a dividend of $0.56 per share on the common stock of Kellanova, payable on June 14, 2024, to shareowners of record at the close of business on June 3, 2024. The ex-dividend date is June 3, 2024. This is the 398th dividend that Kellanova has paid to owners of common stock since 1925. In addition, the Kellanova Board of Directors announced plans to increase the quarterly dividend to $0.57 per share beginning with the third quarter of 2024. About Kellanova Kella
CHICAGO, April 1, 2024 /PRNewswire/ -- Kellanova (NYSE:K) plans to issue its 2024 first quarter financial results at approximately 8:00 am ET on Thursday, May 2, 2024. The following documents will be available on the Company website https://investor.kellanova.com at 8:00 am ET: Press release, financial tables, GAAP reconciliations, prior periods' results recast for discontinued operations, and presentation slides. Kellanova will also host a public webcast during which executive management will review and discuss these results. Speaking on behalf of Kellanova will be Steve Ca
CHICAGO, Feb. 16, 2024 /PRNewswire/ -- Kellanova (NYSE:K) today announced that its Board of Directors declared a dividend of $0.56 per share on the common stock of Kellanova, payable on March 15, 2024, to shareowners of record at the close of business on March 1, 2024. The ex-dividend date is February 29, 2024. This is the 397th dividend that Kellanova, previously Kellogg Company, has paid to owners of common stock since 1925. About Kellanova Kellanova (NYSE: K) is a leader in global snacking, international cereal and noodles, and North America frozen foods with a legacy stre
CHICAGO, Jan. 16, 2024 /PRNewswire/ -- Kellanova (NYSE:K) plans to issue its 2023 fourth quarter financial results at approximately 8:00 am EST on Thursday, February 8, 2024. The following documents will be available on the Company website https://investor.kellanova.com at 8:00 am EST: Press release, financial tables, GAAP reconciliations, prior periods' results recast for discontinued operations, and presentation slides. The Company will also host a public webcast during which Kellanova executive management will review and discuss these results. Speaking on behalf of Kellan
BATTLE CREEK, Mich., Sept. 28, 2023 /PRNewswire/ -- Kellogg Company (NYSE: K) announced that 2023 third quarter financial results, which includes financial results for the period ended September 30, 2023, for both Kellanova and WK Kellogg Co, will be issued at approximately 8:00 am EST on Wednesday, November 8, 2023. As previously announced, Kellogg Company on October 2, 2023, will be renamed Kellanova, and will continue to trade on the New York Stock Exchange (NYSE) under the ticker symbol "K", while WK Kellogg Co is expected to begin trading on the NYSE under the ticker sym
BATTLE CREEK, Mich., July 28, 2023 /PRNewswire/ -- Kellogg Company (NYSE:K) today announced that its Board of Directors declared a dividend of $0.60 per share on the common stock of the Company, payable on September 15, 2023, to shareowners of record at the close of business on September 1, 2023. As the company previously announced in April, this reflects an increase to the quarterly dividend of approximately 2 percent. The ex-dividend date is August 31, 2023. This is the 395th dividend that Kellogg Company has paid to owners of common stock since 1925. About Kellogg Company A
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Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced that Fareed Khan has been appointed as Chief Financial Officer, effective September 9, 2024. Mr. Khan is an accomplished finance and operating executive with more than two decades of leadership experience at public and private companies. He most recently served as CFO of JustFoodForDogs (JFFD), where he enhanced the company's finance infrastructure and strengthened financial planning and analysis capabilities, driving improved KPIs and performance management. His prior experience includes serving as CFO of both Kellogg Corporation (NYSE:K) and
Transaction unites two iconic businesses with complementary footprints and portfolios of beloved brands Enables Mars to further shape the future of snacking and serve more consumers globally Kellanova shareholders to receive $83.50 per share in cash Strong cultural fit, bringing together two values-based and purpose-led businesses Mars, Incorporated, a family-owned, global leader in pet care, snacking and food, and Kellanova (NYSE:K), a leading company in global snacking, international cereal and noodles, North American plant-based foods and frozen breakfast foods, today announced that they have entered into a definitive agreement under which Mars has agreed to acquire Kellanova for
Photo caption: Kellanova names Interpublic Group its global creative partner on priority brands and appoints Tombras its U.S. creative agency on selected smaller brands to help accelerate growth of its iconic portfolio. CHICAGO, July 22, 2024 /PRNewswire/ -- Kellanova (formerly Kellogg Company and maker of Pringles®, Cheez-It®, Pop-Tarts® and more) today announced it is expanding its partnership with Interpublic Group ("IPG"). The announcement comes after an extensive evaluation of Kellanova's global agency model to accelerate brand portfolio growth and support the company on its journey to be a global snacking powerhouse. The move advances Kellanova's Differentiate, Drive and Deliver strat
Dutch Bros Inc. (NYSE:BROS, "Dutch Bros"))), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment of Todd Penegor to its Board of Directors, where he will serve as an independent director. Penegor brings extensive executive leadership experience from his tenure as President and CEO of The Wendy's Company (NASDAQ:WEN), along with previous roles at Kellanova (formerly Kellogg Company) (NYSE:K) and Ford Motor Company (NYSE:F). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240624176723/en/Todd Penegor (Photo: Business Wire) "Todd is a values-based lea
Cheez-It deepens its roots in sports by signing a multi-year agreement and first professional basketball sponsorship with the Indiana Fever CHICAGO, May 16, 2024 /PRNewswire/ -- From fast breaks to snack breaks, the Indiana Fever is about to get cheezier. Cheez-It®, the made with 100% real cheese snacking MVP, and Pacers Sports & Entertainment are thrilled to announce Cheez-It as the first official snack of the Indiana Fever. Eating snacks and watching sports go hand-in-hand and Cheez-It constantly hears from sports fans that they can't be without their favorite crackers at g
Pringles® and Minecraft collaborate for a second time with a new flavor that will blow you away CHICAGO, May 16, 2024 /PRNewswire/ -- Are you ready to embark on a flavor quest that will ignite your tastebuds? In celebration of Minecraft's 15th anniversary, Pringles® has teamed up with the gaming powerhouse to bring you a limited-time-only and seriously delicious snack. Introducing Pringles® Minecraft Spicy TNT—a fusion of gaming excitement and tongue-tingling bold flavor available nationwide starting in May, while supplies last. This new flavor release comes just one year after Pringles® launched its first gamified flavor inspired by Minecraft's Suspicious Stew. Pringles® Spicy TNT brings e
Celebrating Fans Flocking to Find Mr. P Beyond the Snack Aisle – Once You See Mr. P, You Won't Be Able to Unsee Him CHICAGO, Feb. 5, 2024 /PRNewswire/ -- Pringles® is once again bringing the flavor and fun on America's most hyped gameday with its irresistibly delicious crisps, iconic mustached character and the release of its seventh consecutive Big Game ad spot, "Mr. P". From pet faces and latte foam to classic boardgame characters and football stars, fans have long spotted "the Pringles guy" (aka Mr. P) in the world around them, with over 30,000 posting their findings to social media1. Inspired by these snacking sightings, Pringles is proving that Mr. P isn't just found on its classic can
RXBAR is calling B.S. on gym custody awkwardness by offering a chance to send your ex to a new gym, plus a year's supply of RXBARs just for you to stay on top of your fitness goals. CHICAGO, Jan. 16, 2024 /PRNewswire/ -- Working out can be one of the best ways to burn through the breakup blues, but 61% of surveyed gymgoers claim they would change up their workout routine to avoid an ex1 — some serious B.S. This breakup season, send your ex a gift that says "we didn't work out, so workout somewhere else" with RXBAR® R-eXes limited-time offer. For select winners, RXBAR will pay your ex to join a new gym and reward you for your troubles, so you can both get back to enjoying your workouts… bli
NEW YORK, Sept. 28, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, the S&P MidCap 400 and the S&P SmallCap 600 indices: Veralto Corp. (NYSE:VLTO) will be added to the S&P 500 effective prior to the open of trading on Monday, October 2, replacing DXC Technology Co. (NYSE:DXC) which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 3. DXC Technologies will replace Ebix Inc. (NASD: EBIX) in the S&P SmallCap 600 also effective prior to the open of trading on October 3. S&P 500 &100 constituent Danaher Corp. (NYSE:DHR) is spinning off Veralto in a transaction expected to be completed on October 2. Followin
ROCKFORD, Mich., April 14, 2021 (GLOBE NEWSWIRE) -- Wolverine World Wide, Inc. (NYSE:WWW) today announced the appointment of Kathleen Wilson-Thompson to its Board of Directors, effective May 5, 2021. Wilson-Thompson, 63, brings to the boardroom a wealth of global retail experience in senior executive roles, along with a combined 14 years as a director for three public companies. Wilson-Thompson currently serves on the Board of Directors at Tesla, Inc. (NASDAQ:TSLA). Earlier this year, she retired as Executive Vice President and Global Chief Human Resources Officer at Walgreens Boots Alliance Inc. (NASDAQ:WBA), a global retail pharmacy, health and wellness destination. Prior to joini