Fluent Financial LLC Takes $1.39 Million Position in The Campbell’s Company $CPB

Fluent Financial LLC acquired a new stake in The Campbell’s Company (NASDAQ:CPB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 62,577 shares of the company’s stock, valued at approximately $1,394,000.

A number of other hedge funds also recently added to or reduced their stakes in CPB. Flagship Harbor Advisors LLC bought a new stake in shares of Campbell’s in the 4th quarter valued at about $29,000. Sittner & Nelson LLC bought a new position in shares of Campbell’s during the fourth quarter valued at approximately $29,000. Los Angeles Capital Management LLC bought a new position in shares of Campbell’s during the fourth quarter valued at approximately $29,000. Ankerstar Wealth LLC purchased a new position in Campbell’s during the fourth quarter valued at approximately $29,000. Finally, IMA Advisory Services Inc. purchased a new position in Campbell’s during the fourth quarter valued at approximately $33,000. 52.35% of the stock is owned by hedge funds and other institutional investors.

Campbell’s Stock Performance

CPB opened at $23.05 on Monday. The company has a market cap of $6.87 billion, a P/E ratio of 11.41 and a beta of 0.02. 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 firm’s 50-day moving average price is $22.15 and its 200-day moving average price is $22.96. The Campbell’s Company has a 52-week low of $19.56 and a 52-week high of $34.17.

Campbell’s (NASDAQ:CPB) last released its earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The firm 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%.The company’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period last year, the firm earned $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities analysts anticipate that The Campbell’s Company will post 2.18 EPS for the current fiscal year.

Campbell’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend was Thursday, July 2nd. Campbell’s’s payout ratio is 77.23%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CPB shares. Sanford C. Bernstein restated an “underperform” rating and set a $19.00 target price (down from $21.00) on shares of Campbell’s in a report on Tuesday, June 9th. Barclays cut their price target on Campbell’s from $21.00 to $19.00 and set an “underweight” rating on the stock in a report on Monday, June 8th. DA Davidson raised Campbell’s to a “hold” rating in a research report on Monday, July 6th. Bank of America dropped their price objective on Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a research report on Tuesday, June 9th. Finally, Stephens lowered Campbell’s from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $28.00 to $21.00 in a research note on Monday, June 1st. Eleven investment analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat.com, Campbell’s presently has an average rating of “Reduce” and a consensus target price of $21.20.

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.