Sigma Planning Corp Has $2.19 Million Stock Holdings in The Campbell’s Company $CPB

Sigma Planning Corp lifted its position in The Campbell’s Company (NASDAQ:CPB) by 33.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 98,305 shares of the company’s stock after purchasing an additional 24,615 shares during the quarter. Sigma Planning Corp’s holdings in Campbell’s were worth $2,189,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Stance Capital LLC bought a new stake in Campbell’s during the third quarter worth about $27,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Campbell’s during the fourth quarter worth approximately $29,000. Sittner & Nelson LLC bought a new position in shares of Campbell’s in the fourth quarter valued at approximately $29,000. Los Angeles Capital Management LLC acquired a new position in shares of Campbell’s in the 4th quarter worth approximately $29,000. Finally, Ankerstar Wealth LLC acquired a new position in shares of Campbell’s in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Stock Performance

Shares of NASDAQ:CPB opened at $22.65 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.38 and a debt-to-equity ratio of 1.53. The Campbell’s Company has a 1-year low of $19.56 and a 1-year high of $34.17. The stock has a market capitalization of $6.75 billion, a P/E ratio of 11.21 and a beta of 0.02. The business has a 50-day moving average price of $21.53 and a two-hundred day moving average price of $23.48.

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

Campbell’s Dividend Announcement

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

Analysts Set New Price Targets

CPB has been the subject of a number of recent analyst reports. Zacks Research cut Campbell’s from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Campbell’s in a research note on Tuesday, June 30th. DA Davidson upgraded Campbell’s to a “hold” rating in a report on Monday, July 6th. UBS Group lowered their target price on Campbell’s from $19.00 to $17.00 and set a “sell” rating for the company in a research note on Tuesday, June 9th. Finally, Barclays reduced their price target on shares of Campbell’s from $21.00 to $19.00 and set an “underweight” rating on the stock in a research report on Monday, June 8th. Twelve investment analysts have rated the stock with a Hold rating and eight have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target 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.