The Campbell’s Company $CPB Shares Sold by LSV Asset Management

LSV Asset Management lowered its position in shares of The Campbell’s Company (NASDAQ:CPB) by 1.9% during the fourth quarter, Holdings Channel reports. The fund owned 3,776,404 shares of the company’s stock after selling 71,296 shares during the quarter. LSV Asset Management’s holdings in Campbell’s were worth $105,248,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Stance Capital LLC acquired a new position in shares of Campbell’s in the 3rd quarter valued at $27,000. Geneos Wealth Management Inc. boosted its holdings in shares of Campbell’s by 333.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Campbell’s in the 4th quarter valued at $29,000. IFP Advisors Inc acquired a new position in shares of Campbell’s in the 3rd quarter valued at $37,000. Finally, Rothschild Investment LLC boosted its holdings in shares of Campbell’s by 85.5% in the 3rd quarter. Rothschild Investment LLC now owns 1,271 shares of the company’s stock valued at $40,000 after purchasing an additional 586 shares during the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Stock Performance

Shares of CPB stock opened at $20.58 on Friday. The company’s fifty day simple moving average is $20.94 and its 200-day simple moving average is $25.67. The Campbell’s Company has a 52 week low of $19.56 and a 52 week high of $35.00. The company has a current ratio of 1.01, a quick ratio of 0.51 and a debt-to-equity ratio of 1.66. The company has a market cap of $6.14 billion, a PE ratio of 11.25 and a beta of 0.01.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The business had revenue of $2.56 billion during the quarter. During the same quarter in the previous year, the company posted $0.74 earnings per share. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities research analysts anticipate that The Campbell’s Company will post 2.18 EPS for the current year.

Campbell’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a $0.39 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 7.6%. Campbell’s’s payout ratio is currently 85.25%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on CPB shares. TD Cowen decreased their price target on shares of Campbell’s from $29.00 to $24.00 and set a “hold” rating on the stock in a report on Thursday, March 12th. Sanford C. Bernstein lowered shares of Campbell’s from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $27.00 to $21.00 in a report on Monday, April 27th. UBS Group decreased their price target on shares of Campbell’s from $24.00 to $20.00 and set a “sell” rating on the stock in a report on Friday, March 13th. Morgan Stanley decreased their price target on shares of Campbell’s from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Thursday, April 23rd. Finally, Zacks Research upgraded shares of Campbell’s from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $25.50.

About Campbell’s

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.