The Campbell’s Company $CPB Position Decreased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. decreased its holdings in shares of The Campbell’s Company (NASDAQ:CPB) by 2.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 225,396 shares of the company’s stock after selling 6,688 shares during the period. Asset Management One Co. Ltd. owned approximately 0.08% of Campbell’s worth $6,908,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in CPB. GAMMA Investing LLC boosted its position in shares of Campbell’s by 6.6% during the 1st quarter. GAMMA Investing LLC now owns 8,064 shares of the company’s stock valued at $322,000 after purchasing an additional 496 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Campbell’s by 24.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,366 shares of the company’s stock valued at $534,000 after purchasing an additional 2,614 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Campbell’s by 4.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 35,634 shares of the company’s stock valued at $1,423,000 after purchasing an additional 1,532 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in shares of Campbell’s during the 1st quarter valued at about $254,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Campbell’s by 13.2% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,865 shares of the company’s stock valued at $1,027,000 after purchasing an additional 3,010 shares in the last quarter. Institutional investors own 52.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CPB. Stifel Nicolaus reduced their price objective on shares of Campbell’s from $38.00 to $34.00 and set a “hold” rating for the company in a research report on Tuesday, July 29th. Cowen reiterated a “hold” rating on shares of Campbell’s in a report on Thursday, September 4th. JPMorgan Chase & Co. initiated coverage on shares of Campbell’s in a report on Wednesday, August 20th. They issued a “neutral” rating and a $33.00 target price for the company. Piper Sandler reiterated a “neutral” rating and issued a $34.00 target price (down from $35.00) on shares of Campbell’s in a report on Thursday, August 7th. Finally, Morgan Stanley raised their target price on shares of Campbell’s from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $34.82.

Campbell’s Price Performance

NASDAQ CPB opened at $30.94 on Wednesday. The company has a 50 day simple moving average of $32.05 and a 200-day simple moving average of $33.04. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.77 and a quick ratio of 0.28. The firm has a market capitalization of $9.21 billion, a price-to-earnings ratio of 15.47, a price-to-earnings-growth ratio of 10.89 and a beta of 0.02. The Campbell’s Company has a 52-week low of $29.39 and a 52-week high of $47.44.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. The business had revenue of $2.32 billion during the quarter, compared to analyst estimates 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 earned $3.08 earnings per share. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Equities research analysts predict that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Thursday, October 2nd. Campbell’s’s dividend payout ratio is 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.