Zacks Research Forecasts Reduced Earnings for Campbell’s

The Campbell’s Company (NASDAQ:CPB) – Zacks Research dropped their Q1 2026 EPS estimates for shares of Campbell’s in a report released on Wednesday, September 17th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.73 for the quarter, down from their previous forecast of $0.88. The consensus estimate for Campbell’s’ current full-year earnings is $3.15 per share. Zacks Research also issued estimates for Campbell’s’ Q2 2026 earnings at $0.64 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.50 EPS, Q1 2027 earnings at $0.79 EPS, Q2 2027 earnings at $0.70 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.53 EPS, FY2027 earnings at $2.66 EPS and FY2028 earnings at $2.75 EPS.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.57 by $0.05. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The company had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.33 billion. During the same quarter last year, the company posted $3.08 EPS. The firm’s revenue was up 1.2% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS.

Other equities analysts have also recently issued research reports about the stock. DA Davidson decreased their price target on shares of Campbell’s from $39.00 to $34.00 and set a “neutral” rating for the company in a research report on Monday, June 9th. Stephens decreased their price target on shares of Campbell’s from $48.00 to $43.00 in a research report on Wednesday, May 28th. Citigroup decreased their price target on shares of Campbell’s from $33.00 to $32.00 and set a “sell” rating for the company in a research report on Tuesday, June 3rd. Evercore ISI decreased their price objective on shares of Campbell’s from $46.00 to $41.00 and set an “in-line” rating for the company in a research report on Thursday, May 29th. Finally, Morgan Stanley lifted their price objective on shares of Campbell’s from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Campbell’s currently has an average rating of “Reduce” and an average target price of $36.06.

Campbell’s Stock Performance

Shares of CPB stock opened at $33.57 on Thursday. The company has a quick ratio of 0.33, a current ratio of 0.77 and a debt-to-equity ratio of 1.56. Campbell’s has a 52 week low of $29.39 and a 52 week high of $51.74. The stock has a market capitalization of $10.01 billion, a PE ratio of 16.79, a P/E/G ratio of 11.44 and a beta of 0.05. The firm has a 50 day moving average of $32.43 and a two-hundred day moving average of $34.59.

Institutional Investors Weigh In On Campbell’s

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of Campbell’s by 2.1% during the first quarter. Vanguard Group Inc. now owns 24,120,172 shares of the company’s stock worth $962,877,000 after acquiring an additional 494,567 shares during the period. State Street Corp increased its stake in shares of 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 acquiring an additional 149,679 shares during the period. Invesco Ltd. increased its stake in shares of Campbell’s by 12.9% during the second quarter. Invesco Ltd. now owns 5,608,158 shares of the company’s stock worth $171,890,000 after acquiring an additional 642,490 shares during the period. Geode Capital Management LLC increased its stake in shares of Campbell’s by 2.2% during the second quarter. Geode Capital Management LLC now owns 5,576,573 shares of the company’s stock worth $170,279,000 after acquiring an additional 121,777 shares during the period. Finally, LSV Asset Management increased its stake in shares of Campbell’s by 1.8% during the second quarter. LSV Asset Management now owns 3,941,400 shares of the company’s stock worth $120,804,000 after acquiring an additional 71,200 shares during the period. 52.35% of the stock is owned by hedge funds and other institutional investors.

Campbell’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell’s’s dividend payout ratio is presently 78.00%.

About Campbell’s

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.