Campbell’s (NASDAQ:CPB) Trading Down 5.3% Following Analyst Downgrade

The Campbell’s Company (NASDAQ:CPB)’s stock price traded down 5.3% during trading on Tuesday after Stephens lowered their price target on the stock from $40.00 to $38.00. Stephens currently has an overweight rating on the stock. Campbell’s traded as low as $28.73 and last traded at $28.4460. 6,919,180 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 4,814,140 shares. The stock had previously closed at $30.04.

Other analysts also recently issued reports about the stock. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Cowen reiterated a “hold” rating on shares of Campbell’s in a report on Thursday, September 4th. Morgan Stanley dropped their target price on Campbell’s from $33.00 to $30.00 and set an “equal weight” rating for the company in a report on Friday. JPMorgan Chase & Co. started coverage on Campbell’s in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $33.00 price target on the stock. Finally, TD Cowen boosted their price objective on Campbell’s from $29.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, September 4th. Three analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $34.00.

Institutional Trading of Campbell’s

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC purchased a new position in Campbell’s during the 2nd quarter valued at $25,000. Stance Capital LLC bought a new stake in shares of Campbell’s during the 3rd quarter valued at about $27,000. ORG Partners LLC boosted its stake in shares of Campbell’s by 77.3% during the 2nd quarter. ORG Partners LLC now owns 906 shares of the company’s stock valued at $29,000 after purchasing an additional 395 shares in the last quarter. SBI Securities Co. Ltd. increased its position in shares of Campbell’s by 66.8% during the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock valued at $29,000 after buying an additional 385 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after buying an additional 750 shares in the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Stock Down 5.2%

The company’s fifty day simple moving average is $30.60 and its 200 day simple moving average is $31.82. The company has a quick ratio of 0.28, a current ratio of 0.77 and a debt-to-equity ratio of 1.56. The firm has a market capitalization of $8.48 billion, a PE ratio of 14.24, a price-to-earnings-growth ratio of 10.48 and a beta of -0.05.

Campbell’s (NASDAQ:CPB) last announced its earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.04. The firm had revenue of $2.68 billion during the quarter. Campbell’s had a return on equity of 22.95% and a net margin of 5.87%.Campbell’s’s quarterly revenue was down 3.4% on a year-over-year basis. 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 fiscal year.

Campbell’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 8th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, January 8th. This represents a $1.56 annualized dividend and a yield of 5.5%. Campbell’s’s dividend payout ratio (DPR) is currently 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.