Campbell’s (NASDAQ:CPB) Downgraded by Stephens to Equal Weight

Campbell’s (NASDAQ:CPB) was downgraded by equities research analysts at Stephens from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Monday, MarketBeat.com reports. They currently have a $21.00 price target on the stock. Stephens’ price target would suggest a potential downside of 0.52% from the company’s current price.

Several other equities research analysts have also commented on CPB. Sanford C. Bernstein lowered shares of Campbell’s from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $27.00 to $21.00 in a research report on Monday, April 27th. Zacks Research upgraded shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. TD Cowen decreased their target price on shares of Campbell’s from $29.00 to $24.00 and set a “hold” rating on the stock in a research report on Thursday, March 12th. Barclays decreased their target price on shares of Campbell’s from $23.00 to $21.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 14th. Finally, BNP Paribas Exane decreased their target price on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating on the stock in a research report on Thursday, April 9th. Fourteen investment analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $23.59.

Campbell’s Stock Performance

Shares of CPB opened at $21.11 on Monday. The stock has a market capitalization of $6.29 billion, a P/E ratio of 11.54 and a beta of 0.02. Campbell’s has a 1 year low of $19.56 and a 1 year high of $35.00. The company’s fifty day moving average is $20.85 and its two-hundred day moving average is $25.30. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.51 and a current ratio of 1.01.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.06). The company had revenue of $2.56 billion for the quarter. Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The business’s quarterly revenue was down 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, sell-side analysts predict that Campbell’s will post 2.18 earnings per share for the current year.

Institutional Investors Weigh In On Campbell’s

Several institutional investors and hedge funds have recently made changes to their positions in the business. Keybank National Association OH boosted its position in shares of Campbell’s by 1.1% in the 3rd quarter. Keybank National Association OH now owns 32,729 shares of the company’s stock worth $1,034,000 after buying an additional 353 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Campbell’s by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock worth $1,913,000 after buying an additional 376 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of Campbell’s by 8.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $142,000 after buying an additional 380 shares in the last quarter. New England Asset Management Inc. boosted its position in shares of Campbell’s by 0.6% in the 3rd quarter. New England Asset Management Inc. now owns 65,365 shares of the company’s stock worth $2,064,000 after buying an additional 380 shares in the last quarter. Finally, Horizon Investments LLC boosted its position in shares of Campbell’s by 10.2% in the 4th quarter. Horizon Investments LLC now owns 4,228 shares of the company’s stock worth $116,000 after buying an additional 390 shares in the last quarter. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

Campbell’s Company Profile

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.