Czech National Bank boosted its position in The Campbell’s Company (NASDAQ:CPB – Free Report) by 6.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,104 shares of the company’s stock after purchasing an additional 2,943 shares during the period. Czech National Bank’s holdings in Campbell’s were worth $1,474,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. New England Asset Management Inc. lifted its position in shares of Campbell’s by 0.6% during the first quarter. New England Asset Management Inc. now owns 64,690 shares of the company’s stock worth $2,582,000 after acquiring an additional 370 shares in the last quarter. Howe & Rusling Inc. increased its stake in Campbell’s by 3.5% in the first quarter. Howe & Rusling Inc. now owns 11,786 shares of the company’s stock valued at $470,000 after acquiring an additional 400 shares during the last quarter. Personal CFO Solutions LLC increased its stake in Campbell’s by 5.5% in the first quarter. Personal CFO Solutions LLC now owns 8,077 shares of the company’s stock valued at $322,000 after acquiring an additional 421 shares during the last quarter. Voya Investment Management LLC grew its stake in shares of Campbell’s by 0.8% during the first quarter. Voya Investment Management LLC now owns 56,837 shares of the company’s stock valued at $2,269,000 after buying an additional 425 shares during the last quarter. Finally, Xponance Inc. grew its stake in shares of Campbell’s by 1.6% during the first quarter. Xponance Inc. now owns 28,885 shares of the company’s stock valued at $1,153,000 after buying an additional 445 shares during the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.
Analysts Set New Price Targets
CPB has been the subject of a number of analyst reports. Bank of America increased their target price on shares of Campbell’s from $29.00 to $30.00 and gave the stock an “underperform” rating in a report on Thursday, September 4th. Argus lowered shares of Campbell’s from a “buy” rating to a “hold” rating in a report on Friday, June 20th. Wells Fargo & Company lowered their price objective on shares of Campbell’s from $34.00 to $32.00 and set an “equal weight” rating for the company in a report on Wednesday, July 9th. Sanford C. Bernstein raised their price objective on shares of Campbell’s from $38.00 to $39.00 and gave the stock an “outperform” rating in a report on Thursday, September 4th. Finally, JPMorgan Chase & Co. started coverage on shares of Campbell’s in a report on Wednesday, August 20th. They issued a “neutral” rating and a $33.00 price objective for the company. Three research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $34.71.
Campbell’s Stock Performance
Campbell’s stock opened at $33.43 on Friday. The company has a market cap of $9.97 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 11.66 and a beta of 0.05. The Campbell’s Company has a twelve month low of $29.39 and a twelve month high of $51.74. The company’s 50-day moving average price is $32.47 and its 200-day moving average price is $34.54. 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 (NASDAQ:CPB – Get Free Report) 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. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. Campbell’s had a net margin of 5.87% and a return on equity of 22.95%. The firm’s revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. On average, equities research analysts forecast that The Campbell’s Company will post 3.15 EPS for the current fiscal year.
Campbell’s Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Investors of record on Thursday, October 2nd will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 4.7%. Campbell’s’s dividend payout ratio is presently 78.00%.
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.
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