Allworth Financial LP Buys 5,084 Shares of The Campbell’s Company $CPB

Allworth Financial LP increased its stake in shares of The Campbell’s Company (NASDAQ:CPB) by 45.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,332 shares of the company’s stock after acquiring an additional 5,084 shares during the quarter. Allworth Financial LP’s holdings in Campbell’s were worth $501,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. New England Asset Management Inc. lifted its stake in Campbell’s by 0.6% in the 1st quarter. New England Asset Management Inc. now owns 64,690 shares of the company’s stock worth $2,582,000 after purchasing an additional 370 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Campbell’s by 22.4% in the second quarter. Farther Finance Advisors LLC now owns 2,102 shares of the company’s stock worth $64,000 after purchasing an additional 384 shares during the last quarter. ORG Partners LLC lifted its position in shares of Campbell’s by 77.3% in the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after buying an additional 395 shares in the last quarter. Howe & Rusling Inc. lifted its position in shares of Campbell’s by 3.5% in the first quarter. Howe & Rusling Inc. now owns 11,786 shares of the company’s stock worth $470,000 after buying an additional 400 shares in the last quarter. Finally, Voya Investment Management LLC boosted its stake in 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. 52.35% of the stock is owned by hedge funds and other institutional investors.

Campbell’s Stock Up 0.2%

Shares of CPB opened at $31.29 on Monday. The firm has a fifty day moving average price of $31.54 and a 200-day moving average price of $32.40. The company has a current ratio of 0.77, a quick ratio of 0.28 and a debt-to-equity ratio of 1.56. The firm has a market capitalization of $9.32 billion, a P/E ratio of 15.65, a P/E/G ratio of 10.41 and a beta of 0.01. The Campbell’s Company has a 12-month low of $29.39 and a 12-month high of $46.95.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. The company 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 for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the business posted $3.08 EPS. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Equities research analysts expect that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 3rd. Investors of record on Thursday, October 2nd were issued a $0.39 dividend. The ex-dividend date was Thursday, October 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.0%. Campbell’s’s payout ratio is presently 78.00%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. TD Cowen lifted their price objective on Campbell’s from $29.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, September 4th. Stifel Nicolaus lowered their target price on Campbell’s from $38.00 to $34.00 and set a “hold” rating for the company in a research report on Tuesday, July 29th. Bank of America boosted their price target on shares of Campbell’s from $29.00 to $30.00 and gave the stock an “underperform” rating in a research report on Thursday, September 4th. Sanford C. Bernstein upped their price target on shares of Campbell’s from $38.00 to $39.00 and gave the company an “outperform” rating in a research note on Thursday, September 4th. Finally, Morgan Stanley increased their price objective on shares of Campbell’s from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Friday, September 5th. Three equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $34.82.

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.