Rep. Robert Bresnahan, Jr. Sells Off Shares of Kellanova (NYSE:K)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Kellanova (NYSE:K). In a filing disclosed on December 19th, the Representative disclosed that they had sold between $1,001 and $15,000 in Kellanova stock on December 11th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 11/19/2025.

Kellanova Stock Performance

NYSE:K opened at $83.44 on Tuesday. The company has a current ratio of 0.68, a quick ratio of 0.44 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $29.03 billion, a P/E ratio of 22.92, a price-to-earnings-growth ratio of 11.61 and a beta of 0.23. The firm has a 50-day moving average price of $83.26 and a two-hundred day moving average price of $81.09. Kellanova has a twelve month low of $76.48 and a twelve month high of $83.65.

Kellanova (NYSE:K) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.88 by $0.06. Kellanova had a net margin of 10.08% and a return on equity of 31.73%. The business had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.25 billion. During the same period in the prior year, the business earned $0.91 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. As a group, research analysts expect that Kellanova will post 3.93 earnings per share for the current fiscal year.

Kellanova Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, December 1st. Kellanova’s dividend payout ratio is presently 63.74%.

Wall Street Analyst Weigh In

Several research firms have weighed in on K. Wall Street Zen raised Kellanova from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings lowered Kellanova from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Four research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $83.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in K. Vanguard Group Inc. increased its stake in Kellanova by 2.0% in the second quarter. Vanguard Group Inc. now owns 33,356,883 shares of the company’s stock valued at $2,652,873,000 after purchasing an additional 661,535 shares during the last quarter. State Street Corp grew its holdings in Kellanova by 1.6% in the 3rd quarter. State Street Corp now owns 13,425,912 shares of the company’s stock valued at $1,101,193,000 after buying an additional 209,479 shares during the period. Pentwater Capital Management LP grew its holdings in Kellanova by 12.2% in the 3rd quarter. Pentwater Capital Management LP now owns 10,000,000 shares of the company’s stock valued at $820,200,000 after buying an additional 1,090,000 shares during the period. Geode Capital Management LLC increased its stake in shares of Kellanova by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 7,289,089 shares of the company’s stock valued at $577,362,000 after acquiring an additional 163,126 shares during the last quarter. Finally, Amundi lifted its holdings in shares of Kellanova by 61.8% during the 3rd quarter. Amundi now owns 4,188,683 shares of the company’s stock worth $346,237,000 after acquiring an additional 1,600,025 shares during the period. Hedge funds and other institutional investors own 83.87% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Kellanova Company Profile

Kellanova (NYSE: K) is a global consumer foods company formed from the reorganization of the historic Kellogg business. The company focuses on the manufacture, marketing and distribution of packaged food products across several categories, with an emphasis on snacks, ready-to-eat cereals, frozen breakfast and other convenience foods. Kellanova’s operations draw on a long consumer-brands heritage and a portfolio designed to reach everyday retail and snack occasions around the world.

Kellanova’s activities include product development, manufacturing, marketing and global supply-chain management for branded food products.