Skylands Capital LLC Buys Shares of 79,450 The Campbell’s Company $CPB

Skylands Capital LLC purchased a new stake in The Campbell’s Company (NASDAQ:CPB) during the first quarter, according to its most recent filing with the SEC. The firm purchased 79,450 shares of the company’s stock, valued at approximately $1,769,000.

Several other large investors have also recently made changes to their positions in the stock. Public Employees Retirement System of Ohio boosted its position in Campbell’s by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock valued at $1,913,000 after purchasing an additional 376 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Campbell’s by 8.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $142,000 after purchasing an additional 380 shares in the last quarter. New England Asset Management Inc. raised its holdings in Campbell’s by 0.6% in the third quarter. New England Asset Management Inc. now owns 65,365 shares of the company’s stock worth $2,064,000 after purchasing an additional 380 shares in the last quarter. Horizon Investments LLC lifted its position in shares of Campbell’s by 10.2% during the fourth quarter. Horizon Investments LLC now owns 4,228 shares of the company’s stock valued at $116,000 after buying an additional 390 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Campbell’s by 0.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 90,311 shares of the company’s stock valued at $2,517,000 after buying an additional 440 shares in the last quarter. 52.35% of the stock is owned by institutional investors.

Campbell’s Price Performance

NASDAQ:CPB opened at $22.73 on Friday. The Campbell’s Company has a one year low of $19.56 and a one year high of $34.17. The stock has a market cap of $6.78 billion, a PE ratio of 11.25 and a beta of 0.02. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87. The stock has a 50 day moving average price of $21.07 and a 200 day moving average price of $24.10.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The company had revenue of $2.37 billion for the quarter. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The business’s quarterly revenue was down 4.4% on a year-over-year basis. During the same period last year, the firm posted $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities research analysts expect that The Campbell’s Company will post 2.18 EPS for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be issued a $0.39 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.9%. Campbell’s’s dividend payout ratio is currently 77.23%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on CPB shares. Morgan Stanley cut their price objective on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. Sanford C. Bernstein restated an “underperform” rating and issued a $19.00 target price (down from $21.00) on shares of Campbell’s in a research note on Tuesday, June 9th. Zacks Research lowered shares of Campbell’s from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. Royal Bank Of Canada reduced their price target on Campbell’s from $23.00 to $21.00 and set a “sector perform” rating on the stock in a research report on Tuesday, June 9th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Campbell’s from $23.00 to $20.00 and set a “hold” rating for the company in a report on Monday, March 30th. Twelve analysts have rated the stock with a Hold rating and eight have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $21.88.

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.