Lifeworks Advisors LLC Increases Position in The Campbell’s Company $CPB

Lifeworks Advisors LLC grew its position in The Campbell’s Company (NASDAQ:CPB) by 15.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 273,679 shares of the company’s stock after purchasing an additional 37,329 shares during the quarter. Lifeworks Advisors LLC’s holdings in Campbell’s were worth $6,095,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CPB. Public Employees Retirement System of Ohio raised its stake in Campbell’s by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock valued at $1,913,000 after buying an additional 376 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Campbell’s by 8.1% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $142,000 after buying an additional 380 shares during the last quarter. New England Asset Management Inc. boosted its position in shares of Campbell’s by 0.6% during the 3rd quarter. New England Asset Management Inc. now owns 65,365 shares of the company’s stock worth $2,064,000 after acquiring an additional 380 shares in the last quarter. Horizon Investments LLC boosted its position in shares of Campbell’s by 10.2% during the 4th quarter. Horizon Investments LLC now owns 4,228 shares of the company’s stock worth $116,000 after acquiring an additional 390 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Campbell’s by 0.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 90,311 shares of the company’s stock valued at $2,517,000 after acquiring an additional 440 shares during the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

Campbell’s Stock Performance

CPB opened at $22.07 on Monday. The firm has a market cap of $6.58 billion, a price-to-earnings ratio of 10.93 and a beta of 0.02. The Campbell’s Company has a 52 week low of $19.56 and a 52 week high of $34.17. The business’s 50 day moving average is $21.44 and its two-hundred day moving average is $23.64. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings data on Monday, June 8th. The company reported $0.50 earnings per share 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 return on equity of 18.04% and a net margin of 6.12%.Campbell’s’s revenue was down 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, research analysts predict that The Campbell’s Company will post 2.18 EPS for the current year.

Campbell’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be paid a dividend of $0.39 per share. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 7.1%. Campbell’s’s dividend payout ratio is currently 77.23%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. BNP Paribas Exane cut their target price on Campbell’s from $22.00 to $19.00 and set an “underperform” rating on the stock in a research report on Thursday, April 9th. Wells Fargo & Company lowered shares of Campbell’s from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $20.00 to $18.00 in a research note on Wednesday, April 8th. UBS Group cut their price objective on shares of Campbell’s from $19.00 to $17.00 and set a “sell” rating on the stock in a report on Tuesday, June 9th. 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. Finally, Bank of America lowered their target price on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating for the company in a report on Tuesday, June 9th. Twelve equities research analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus 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.