The Campbell’s Company $CPB Shares Bought by Vident Advisory LLC

Vident Advisory LLC grew its holdings in shares of The Campbell’s Company (NASDAQ:CPB) by 48.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,006 shares of the company’s stock after purchasing an additional 2,941 shares during the quarter. Vident Advisory LLC’s holdings in Campbell’s were worth $360,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Manchester Capital Management LLC boosted its position in shares of Campbell’s by 923.2% during the 1st quarter. Manchester Capital Management LLC now owns 706 shares of the company’s stock valued at $28,000 after acquiring an additional 637 shares during the last quarter. NBC Securities Inc. acquired a new position in shares of Campbell’s during the 1st quarter valued at about $31,000. Riverview Trust Co acquired a new position in shares of Campbell’s during the 1st quarter valued at about $46,000. Banque Cantonale Vaudoise acquired a new position in shares of Campbell’s during the 1st quarter valued at about $47,000. Finally, Curat Global LLC acquired a new position in shares of Campbell’s during the 1st quarter valued at about $58,000. Institutional investors and hedge funds own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CPB shares. UBS Group lowered their price target on shares of Campbell’s from $33.00 to $30.00 and set a “sell” rating on the stock in a research report on Friday, August 29th. Citigroup decreased their target price on shares of Campbell’s from $33.00 to $32.00 and set a “sell” rating on the stock in a research report on Tuesday, June 3rd. Stephens decreased their target price on shares of Campbell’s from $48.00 to $43.00 in a research report on Wednesday, May 28th. Evercore ISI decreased their target price on shares of Campbell’s from $46.00 to $41.00 and set an “in-line” rating on the stock in a research report on Thursday, May 29th. Finally, DA Davidson decreased their target price on shares of Campbell’s from $39.00 to $34.00 and set a “neutral” rating on the stock in a research report on Monday, June 9th. Three research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $36.06.

Campbell’s Stock Down 0.4%

Shares of CPB opened at $33.90 on Tuesday. The stock has a market capitalization of $10.11 billion, a PE ratio of 16.95, a P/E/G ratio of 11.79 and a beta of 0.05. The Campbell’s Company has a 1 year low of $29.39 and a 1 year high of $52.81. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.33 and a current ratio of 0.77. The company’s 50-day simple moving average is $32.07 and its 200-day simple moving average is $34.91.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.05. The business had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.33 billion. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.08 earnings per share. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Analysts forecast that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Company Profile

The Campbell’s Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.