Kellanova (NYSE: K) is 2.09% higher on its value in year-to-date trading and has touched a low of $52.46 and a high of $82.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The K stock was last observed hovering at around $82.45 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $82.66, the stock is 0.69% and 1.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.68 million and changing 0.25% at the moment leaves the stock 11.79% off its SMA200. K registered 47.27% gain for a year compared to 6-month gain of 2.94%.
The stock witnessed a 1.25% loss in the last 1 month and extending the period to 3 months gives it a 2.56%, and is 0.55% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.29% over the week and 0.29% over the month.
Kellanova (K) has around 24000 employees, a market worth around $28.49B and $12.75B in sales. Current P/E ratio is 21.35 and Fwd P/E is 20.02. Profit margin for the company is 10.53%. Distance from 52-week low is 57.57% and 0.21% from its 52-week high. The company has generated returns on investments over the last 12 months (14.54%).
with sales reaching $3.16B over the same period.The EPS is expected to shrink by -0.17% this year, but quarterly earnings will post 1.68% year-over-year. Quarterly sales are estimated to shrink -1.40% in year-over-year returns.
Kellanova (K) Top Institutional Holders
The shares outstanding are 345.00M, and float is at 293.73M with Short Float at 2.59%.
The top institutional shareholder in the company is KELLOGG W K FOUNDATION TRUST with over 51.22 million shares valued at $2.95 billion. The investor’s holdings represent 14.9766% of the K Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 31.64 million shares valued at $$1.82 billion to account for 9.2783 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 28.5 million shares representing 8.3579% and valued at over $1.64 billion, while KEYBANK NATIONAL ASSOCIATION/OH holds 5.7343 of the shares totaling 19.61 million with a market value of $1.13 billion.
Kellanova (K) Insider Activity
The most recent transaction is an insider sale by KELLOGG W K FOUNDATION TRUST,the company’s10% Owner. SEC filings show that KELLOGG W K FOUNDATION TRUST sold 114,583 shares of the company’s common stock on Feb 21 ’25 at a price of $82.50 per share for a total of $9.45 million. Following the sale, the insider now owns 47.96 million shares.
Kellanova disclosed in a document filed with the SEC on Feb 14 ’25 that KELLOGG W K FOUNDATION TRUST (10% Owner) sold a total of 114,583 shares of the company’s common stock. The trade occurred on Feb 14 ’25 and was made at $82.25 per share for $9.42 million. Following the transaction, the insider now directly holds 48.08 million shares of the K stock.
Still, SEC filings show that on Feb 10 ’25, KELLOGG W K FOUNDATION TRUST (Owner of approximately 20% of ) Proposed Sale 458,332 shares at an average price of $82.23 for $37.69 million. The insider now directly holds shares of Kellanova (K).
