The Campbell’s Company (NASDAQ:CPB – Get Free Report) has received a consensus rating of “Reduce” from the twenty-one brokerages that are presently covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $34.7059.
A number of analysts have recently commented on the company. Sanford C. Bernstein upped their price target on Campbell’s from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Thursday, September 4th. TD Cowen increased their target price on shares of Campbell’s from $29.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, September 4th. UBS Group reduced 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. Bank of America upped their price objective on shares of Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a research report on Thursday, September 4th. Finally, Stifel Nicolaus decreased their target price on Campbell’s from $38.00 to $34.00 and set a “hold” rating for the company in a research note on Tuesday, July 29th.
View Our Latest Stock Analysis on CPB
Campbell’s Stock Down 0.4%
Campbell’s (NASDAQ:CPB – Get Free Report) last issued its 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 in the previous year, the company posted $3.08 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts forecast that Campbell’s will post 3.15 earnings per share for the current year.
Campbell’s Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 3rd. Investors of record on Thursday, October 2nd will be given a $0.39 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $1.56 annualized dividend and a dividend yield of 4.7%. Campbell’s’s payout ratio is currently 78.00%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. raised its holdings in shares of Campbell’s by 13.0% during the second quarter. Osaic Holdings Inc. now owns 45,391 shares of the company’s stock worth $1,406,000 after acquiring an additional 5,223 shares during the period. Orion Porfolio Solutions LLC acquired a new position in Campbell’s in the 2nd quarter worth $245,000. MASTERINVEST Kapitalanlage GmbH bought a new position in Campbell’s during the 2nd quarter worth about $1,127,000. Advisory Services Network LLC raised its stake in shares of Campbell’s by 344.5% in the 2nd quarter. Advisory Services Network LLC now owns 29,853 shares of the company’s stock valued at $953,000 after purchasing an additional 23,137 shares during the period. Finally, State of Wyoming bought a new stake in shares of Campbell’s in the second quarter valued at about $85,000. Institutional investors and hedge funds own 52.35% of the company’s stock.
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.
See Also
- Five stocks we like better than Campbell’s
- What is the Shanghai Stock Exchange Composite Index?
- 3 Overlooked Value Stocks Set to Surge as Rates Drop
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Hims & Hers Stock Pushes to Highs on Healthcare Rate Cut Frenzy
- Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio
- After the Fed’s Rate Cut, PNC Could See a Mortgage Refinance Boom
Receive News & Ratings for Campbell's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Campbell's and related companies with MarketBeat.com's FREE daily email newsletter.