Campbell’s (NASDAQ:CPB) Stock Price Breaks Below 200-Day Moving Average – Time to Sell?

The Campbell’s Company (NASDAQ:CPB)’s share price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $22.36 and traded as low as $21.58. Campbell’s shares last traded at $22.31, with a volume of 4,741,700 shares changing hands.

Analysts Set New Price Targets

Several analysts recently issued reports on CPB shares. Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. BTIG Research restated a “neutral” rating on shares of Campbell’s in a research note on Friday, September 4th. DA Davidson reaffirmed a “neutral” rating and issued a $20.00 target price on shares of Campbell’s in a research report on Tuesday, September 8th. Wall Street Zen downgraded Campbell’s from a “hold” rating to a “sell” rating in a research note on Saturday, September 5th. Finally, TD Cowen lifted their price target on Campbell’s from $20.00 to $22.00 and gave the company a “hold” rating in a report on Wednesday, August 19th. Thirteen equities research analysts have rated the stock with a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $19.88.

Campbell’s Stock Performance

The firm has a market cap of $6.79 billion, a price-to-earnings ratio of 17.37, a price-to-earnings-growth ratio of 2.63 and a beta of 0.06. The firm’s 50 day moving average is $20.71 and its 200-day moving average is $22.33. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.33 and a current ratio of 0.82.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Thursday, September 3rd. The company reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. Campbell’s had a return on equity of 16.44% and a net margin of 4.04%. The company had revenue of $2.14 billion for the quarter. During the same quarter last year, the business earned $0.62 earnings per share. Campbell’s’s quarterly revenue was down 7.9% on a year-over-year basis. Campbell’s has set its FY 2027 guidance at 1.650-1.800 EPS. Sell-side analysts anticipate that The Campbell’s Company will post 1.70 earnings per share for the current fiscal year.

Campbell’s Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 2nd. Shareholders of record on Thursday, October 1st were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.00 annualized dividend and a yield of 4.4%. This is a decrease from Campbell’s’s previous quarterly dividend of $0.39. Campbell’s’s dividend payout ratio (DPR) is presently 76.34%.

Institutional Investors Weigh In On Campbell’s

Hedge funds and other institutional investors have recently modified their holdings of the stock. Colonial Trust Co SC boosted its holdings in Campbell’s by 25.9% in the 3rd quarter. Colonial Trust Co SC now owns 2,518 shares of the company’s stock valued at $50,000 after purchasing an additional 518 shares during the period. Parallel Advisors LLC grew its position in Campbell’s by 23.5% in the 1st quarter. Parallel Advisors LLC now owns 2,792 shares of the company’s stock worth $62,000 after purchasing an additional 532 shares during the last quarter. Guardian Partners Inc. grew its position in Campbell’s by 25.3% in the 3rd quarter. Guardian Partners Inc. now owns 4,210 shares of the company’s stock worth $83,000 after purchasing an additional 850 shares during the last quarter. Swiss Life Asset Management Ltd increased its holdings in shares of Campbell’s by 6.2% during the 2nd quarter. Swiss Life Asset Management Ltd now owns 14,944 shares of the company’s stock worth $333,000 after purchasing an additional 876 shares during the period. Finally, Voya Investment Management LLC increased its holdings in shares of Campbell’s by 4.6% during the 3rd quarter. Voya Investment Management LLC now owns 21,307 shares of the company’s stock worth $423,000 after purchasing an additional 937 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

About Campbell’s

The Campbell’s Company, formerly known as Campbell Soup Company, makes and markets packaged foods and beverages. Its products include soups, sauces, pasta, shelf-stable meals, snacks and beverages, sold under brands such as Campbell’s, Prego, Pace, V8, Goldfish, Pepperidge Farm and Snyder’s of Hanover. Founded in 1869, the company became known for popularizing condensed soup. Today, it serves consumers primarily in the United States and Canada, with products also sold in other markets. Campbell’s is led by President and Chief Executive Officer Mick Beekhuizen, who assumed the role in 2025.