Voya Investment Management LLC Has $2.27 Million Holdings in The Campbell’s Company $CPB

Voya Investment Management LLC increased its position in shares of The Campbell’s Company (NASDAQ:CPB) by 0.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,837 shares of the company’s stock after acquiring an additional 425 shares during the quarter. Voya Investment Management LLC’s holdings in Campbell’s were worth $2,269,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CPB. Nuveen LLC acquired a new stake in shares of Campbell’s during the first quarter valued at approximately $65,588,000. Vanguard Group Inc. raised its holdings 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 valued at $962,877,000 after acquiring an additional 494,567 shares during the period. KBC Group NV raised its holdings in shares of Campbell’s by 182.0% during the first quarter. KBC Group NV now owns 498,216 shares of the company’s stock valued at $19,889,000 after acquiring an additional 321,520 shares during the period. Invesco Ltd. raised its holdings in shares of Campbell’s by 6.9% during the first quarter. Invesco Ltd. now owns 4,965,668 shares of the company’s stock valued at $198,229,000 after acquiring an additional 320,120 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of Campbell’s by 4,153.6% during the first quarter. GAMMA Investing LLC now owns 321,915 shares of the company’s stock valued at $12,851,000 after acquiring an additional 314,347 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

Analyst Upgrades and Downgrades

CPB has been the topic of a number of recent analyst reports. Stephens cut their price target on shares of Campbell’s from $48.00 to $43.00 in a report on Wednesday, May 28th. UBS Group lowered their price objective 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. Wells Fargo & Company lowered their price objective on shares of Campbell’s from $34.00 to $32.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 9th. DA Davidson lowered their price objective 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. Finally, JPMorgan Chase & Co. started coverage on shares of Campbell’s in a research report on Wednesday, August 20th. They set a “neutral” rating and a $33.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $34.71.

Campbell’s Price Performance

NASDAQ:CPB opened at $33.43 on Monday. The stock has a market cap of $9.96 billion, a P/E ratio of 16.72, a PEG ratio of 11.62 and a beta of 0.05. The Campbell’s Company has a one year low of $29.39 and a one year high of $51.74. The company has a fifty day moving average price of $32.47 and a 200 day moving average price of $34.47. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28.

Campbell’s (NASDAQ:CPB) last released 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. The firm had revenue of $2.32 billion during 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% compared to the same quarter last year. During the same period in the prior year, the company earned $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Analysts anticipate that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be paid a $0.39 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.7%. Campbell’s’s dividend payout ratio is currently 78.00%.

Campbell’s 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.