Sei Investments Co. increased its holdings in The Campbell’s Company (NASDAQ:CPB – Free Report) by 26.3% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 162,791 shares of the company’s stock after buying an additional 33,868 shares during the period. Sei Investments Co. owned 0.05% of Campbell’s worth $3,625,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC purchased a new stake in shares of Campbell’s in the 4th quarter valued at about $29,000. Geneos Wealth Management Inc. boosted its position in shares of Campbell’s by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the last quarter. Sittner & Nelson LLC purchased a new position in shares of Campbell’s during the fourth quarter worth about $29,000. Flagship Harbor Advisors LLC purchased a new position in shares of Campbell’s during the fourth quarter worth about $29,000. Finally, Ankerstar Wealth LLC bought a new position in shares of Campbell’s in the fourth quarter worth approximately $29,000. Institutional investors own 52.35% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on CPB. William Blair initiated coverage on shares of Campbell’s in a research note on Tuesday, June 23rd. They issued a “market perform” rating on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Campbell’s in a research note on Tuesday, June 30th. Sanford C. Bernstein restated an “underperform” rating and set a $19.00 price objective (down from $21.00) on shares of Campbell’s in a research report on Tuesday, June 9th. Zacks Research downgraded shares of Campbell’s from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. Finally, Bank of America cut their target price on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Tuesday, June 9th. Eleven research analysts have rated the stock with a Hold rating and eight have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $21.20.
Campbell’s Stock Down 2.1%
Shares of NASDAQ CPB opened at $22.56 on Friday. The Campbell’s Company has a one year low of $19.56 and a one year high of $34.17. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.87 and a quick ratio of 0.38. The firm’s 50 day simple moving average is $22.11 and its two-hundred day simple moving average is $22.99. The stock has a market capitalization of $6.73 billion, a P/E ratio of 11.17 and a beta of 0.02.
Campbell’s (NASDAQ:CPB – Get Free Report) last announced 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 firm had revenue of $2.37 billion during the quarter. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The company’s revenue was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.22 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, analysts expect that The Campbell’s Company will post 2.18 EPS for the current fiscal year.
Campbell’s Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd were issued a $0.39 dividend. The ex-dividend date was Thursday, July 2nd. This represents a $1.56 annualized dividend and a dividend yield of 6.9%. Campbell’s’s payout ratio is currently 77.23%.
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.
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