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 Price Performance

NYSE:K remained flat at $83.44 on Tuesday. The business has a fifty day moving average price of $83.26 and a 200-day moving average price of $81.09. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.44 and a current ratio of 0.68. The company has a market capitalization of $29.03 billion, a PE ratio of 22.92, a P/E/G ratio of 11.61 and a beta of 0.23. Kellanova has a 52-week low of $76.48 and a 52-week high of $83.65.

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

Kellanova Dividend Announcement

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

Analyst Ratings Changes

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

Hedge Funds Weigh In On Kellanova

Institutional investors have recently modified their holdings of the business. BNP Paribas grew its stake in shares of Kellanova by 110.7% in the third quarter. BNP Paribas now owns 354 shares of the company’s stock worth $29,000 after purchasing an additional 186 shares during the last quarter. Close Asset Management Ltd acquired a new position in shares of Kellanova in the third quarter worth approximately $33,000. Wealth Watch Advisors INC bought a new stake in Kellanova in the third quarter valued at approximately $33,000. Trust Co. of Toledo NA OH bought a new position in Kellanova during the 2nd quarter worth approximately $45,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Kellanova during the second quarter worth $55,000. Institutional investors and hedge funds 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.