The Campbell’s Company (NASDAQ:CPB) Receives $21.88 Average Price Target from Analysts

The Campbell’s Company (NASDAQ:CPB) has been given an average recommendation of “Reduce” by the twenty research firms that are currently covering the company, Marketbeat reports. Eight analysts have rated the stock with a sell rating and twelve have given a hold rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $22.00.

Several brokerages have recently issued reports on CPB. Deutsche Bank Aktiengesellschaft decreased their price objective on Campbell’s from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Monday, March 30th. BNP Paribas Exane reduced their target price on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating on the stock in a report on Thursday, April 9th. William Blair started coverage on shares of Campbell’s in a research note on Tuesday, June 23rd. They issued a “market perform” rating for the company. Barclays lowered their price target on shares of Campbell’s from $21.00 to $19.00 and set an “underweight” rating for the company in a report on Monday, June 8th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Campbell’s in a research report on Tuesday, June 30th.

Institutional Trading of Campbell’s

A number of hedge funds and other institutional investors have recently bought and sold shares of CPB. State Street Corp increased its holdings in shares of Campbell’s by 1.3% in the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company’s stock valued at $366,585,000 after acquiring an additional 149,679 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Campbell’s by 23.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,239,231 shares of the company’s stock worth $228,026,000 after acquiring an additional 1,933,814 shares in the last quarter. Invesco Ltd. lifted its stake in Campbell’s by 21.6% during the fourth quarter. Invesco Ltd. now owns 9,719,409 shares of the company’s stock worth $270,880,000 after purchasing an additional 1,723,676 shares during the last quarter. Two Sigma Investments LP boosted its holdings in Campbell’s by 534.8% in the third quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock valued at $155,916,000 after purchasing an additional 4,159,398 shares in the last quarter. Finally, UBS Group AG boosted its holdings in Campbell’s by 175.7% in the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock valued at $117,823,000 after purchasing an additional 2,377,488 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Campbell’s Trading Down 2.1%

NASDAQ:CPB opened at $21.41 on Friday. The firm has a market cap of $6.38 billion, a PE ratio of 10.60 and a beta of 0.02. The stock has a fifty day moving average price of $21.68 and a 200 day moving average price of $23.27. Campbell’s has a 12-month low of $19.56 and a 12-month high of $34.17. The company has a current ratio of 0.87, a quick ratio of 0.38 and a debt-to-equity ratio of 1.53.

Campbell’s (NASDAQ:CPB) last released its earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The firm had revenue of $2.37 billion during the quarter. During the same period in the previous year, the firm earned $0.22 earnings per share. The company’s revenue for the quarter was down 4.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Sell-side analysts anticipate that Campbell’s will post 2.18 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently announced 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 dividend yield of 7.3%. Campbell’s’s payout ratio is presently 77.23%.

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.