New activity is brewing for WK Kellogg Co ( (KLG) ). The company has submitted a Form DEFM14A to the SEC, indicating an upcoming shareholder vote. This form gives shareholders all the information they need to develop an informed vote. Read on to learn more about the proposed company action.
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WK Kellogg Co, a Delaware corporation, announced a special meeting of its shareowners to be held virtually on September 19, 2025, to vote on a proposed merger with Ferrero International S.A. The merger agreement, signed on July 10, 2025, involves WK Kellogg becoming a wholly owned subsidiary of Ferrero, with shareowners receiving $23.00 per share in cash. The Board of Directors has unanimously recommended that shareowners vote in favor of the merger, which is expected to impact the company’s operational structure and market positioning.
The most recent analyst rating on (KLG) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on WK Kellogg Co stock, see the KLG Stock Forecast page.
Spark’s Take on KLG Stock
According to Spark, TipRanks’ AI Analyst, KLG is a Neutral.
WK Kellogg Co’s score is primarily affected by financial performance challenges, notably high leverage and negative cash flow. While technical indicators show mixed signals, valuation concerns due to a high P/E ratio also weigh on the score. Strategic moves and consumer trends provide some optimism, but the current financial outlook remains cautious.
To see Spark’s full report on KLG stock, click here.
More about WK Kellogg Co
Average Trading Volume: 1,820,933
Technical Sentiment Signal: Buy
Current Market Cap: $1.99B
Find detailed analytics on KLG stock on TipRanks’ Stock Analysis page.