Kellogg Foundation Sells 114,599 Kellanova Shares at $79.55 per Share.

Kellanove announces that a 10% shareholder, Kellogg W K Foundation Trust, has sold 114,599 shares at a price of $79.55 per share on August 28, 2025.

Kellanova (NYSE: K) has announced that a significant shareholder, Kellogg W. K. Foundation Trust, has sold 114,599 shares of the company's stock. The transaction occurred on August 28, 2025, with each share sold at a price of $79.55. This sale reflects a notable decrease in the foundation's ownership position within Kellanova [1].

The sale of these shares is part of a broader trend of insider buying and selling activity. Prior to this transaction, Kellogg W. K. Foundation Trust owned a substantial stake in Kellanova. The foundation's sale of 114,599 shares has reduced its holding by a significant margin, impacting the overall ownership structure of the company. The foundation's total shares held now stand at 45,212,037, down from 46,362,550 before the sale [1].

This transaction comes amidst a period of increased institutional investment in Kellanova. Aptus Capital Advisors LLC, for instance, increased its stake by 92.1% in Q1 2025, acquiring an additional 4,953 shares [1]. Other institutional investors, including Grove Bank & Trust, Financial Network Wealth Advisors LLC, MorganRosel Wealth Management LLC, Accredited Wealth Management LLC, and Minot DeBlois Advisors LLC, have also recently bought into Kellanova's shares [1].

Kellanova's stock performance has been closely watched by Wall Street analysts. Recent reports have shown a mixed sentiment towards the stock, with some analysts downgrading it to a "hold" rating while others maintaining a "neutral" rating. Despite this, the stock has shown resilience, with a market cap of $27.80 billion and a price-to-earnings ratio of 20.99 [1].

The company's recent quarterly earnings and revenue data have also been closely scrutinized. Kellanova reported earnings per share (EPS) of $0.94 for the quarter, which missed the consensus estimate of $0.99. The company's revenue for the quarter stood at $3.20 billion, slightly above the consensus estimate of $3.19 billion [1].

Moreover, Kellanova has recently increased its quarterly dividend to $0.58 per share, up from $0.57. This represents an annualized yield of 2.9% and a payout ratio of 59.84% [1].

Overall, while the sale by Kellogg W. K. Foundation Trust represents a significant change in Kellanova's ownership structure, the company's financial health and investor sentiment remain strong. As always, investors should keep a close eye on the company's financial performance and analyst ratings to make informed decisions.

References:

[1] https://www.marketbeat.com/instant-alerts/filing-kellanova-k-stake-increased-by-aptus-capital-advisors-llc-2025-08-22/