SG Americas Securities LLC Has $2.26 Million Stock Position in The Campbell’s Company $CPB

SG Americas Securities LLC raised its position in shares of The Campbell’s Company (NASDAQ:CPB) by 58.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 101,332 shares of the company’s stock after purchasing an additional 37,345 shares during the quarter. SG Americas Securities LLC’s holdings in Campbell’s were worth $2,257,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its stake in Campbell’s by 1.3% during the second quarter. State Street Corp now owns 11,960,359 shares of the company’s stock worth $366,585,000 after buying an additional 149,679 shares during the last quarter. Invesco Ltd. boosted its position in Campbell’s by 21.6% during the fourth quarter. Invesco Ltd. now owns 9,719,409 shares of the company’s stock valued at $270,880,000 after acquiring an additional 1,723,676 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Campbell’s by 26.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,305,417 shares of the company’s stock worth $231,477,000 after acquiring an additional 1,758,460 shares during the period. Two Sigma Investments LP raised its position in shares of Campbell’s by 534.8% in the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock worth $155,916,000 after acquiring an additional 4,159,398 shares in the last quarter. Finally, UBS Group AG raised its position in shares of Campbell’s by 175.7% in the 3rd quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after acquiring an additional 2,377,488 shares in the last quarter. Institutional investors own 52.35% of the company’s stock.

Campbell’s Trading Up 5.4%

NASDAQ CPB opened at $23.47 on Thursday. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53. The Campbell’s Company has a 52 week low of $19.56 and a 52 week high of $34.17. The business has a 50 day moving average price of $21.18 and a 200-day moving average price of $23.94. The company has a market cap of $7.00 billion, a price-to-earnings ratio of 11.62 and a beta of 0.01.

Campbell’s (NASDAQ:CPB) last posted its quarterly 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 business 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 business’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities analysts expect that The Campbell’s Company will post 2.18 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The firm also recently announced 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. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Thursday, July 2nd. Campbell’s’s dividend payout ratio is currently 77.23%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Campbell’s in a research note on Thursday, April 2nd. Morgan Stanley reduced their price objective on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. BTIG Research reiterated a “neutral” rating on shares of Campbell’s in a research report on Monday, June 8th. Royal Bank Of Canada cut their target price on shares of Campbell’s from $23.00 to $21.00 and set a “sector perform” rating on the stock in a research note on Tuesday, June 9th. Finally, William Blair initiated coverage on shares of Campbell’s in a report on Tuesday, June 23rd. They issued a “market perform” rating for the company. Twelve equities research analysts have rated the stock with a Hold rating and eight have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $21.88.

Campbell’s 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.