Charles Brawley III Sells 11,550 Shares of Campbell’s (NASDAQ:CPB) Stock

The Campbell’s Company (NASDAQ:CPB) EVP Charles Brawley III sold 11,550 shares of Campbell’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total value of $325,017.00. Following the completion of the sale, the executive vice president directly owned 43,777 shares of the company’s stock, valued at $1,231,884.78. The trade was a 20.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Campbell’s Stock Performance

Shares of Campbell’s stock opened at $27.87 on Friday. The stock has a market capitalization of $8.31 billion, a price-to-earnings ratio of 14.44, a price-to-earnings-growth ratio of 9.75 and a beta of -0.04. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. The business has a 50-day moving average of $29.71 and a 200 day moving average of $31.18. The Campbell’s Company has a 12 month low of $27.64 and a 12 month high of $43.85.

Campbell’s (NASDAQ:CPB) last issued its quarterly 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. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The business had revenue of $2.68 billion for the quarter. Campbell’s’s revenue was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, sell-side analysts forecast that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.6%. Campbell’s’s payout ratio is currently 80.83%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. TD Cowen lifted their price target on shares of Campbell’s from $29.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, September 4th. Morgan Stanley reduced their price objective on shares of Campbell’s from $33.00 to $30.00 and set an “equal weight” rating on the stock in a report on Friday, December 5th. DA Davidson reiterated a “neutral” rating and set a $30.00 target price on shares of Campbell’s in a research note on Thursday, December 11th. UBS Group dropped their target price on Campbell’s from $28.00 to $26.00 and set a “sell” rating on the stock in a report on Wednesday, December 10th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Campbell’s in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $32.59.

Hedge Funds Weigh In On Campbell’s

Several large investors have recently bought and sold shares of the stock. Parkside Financial Bank & Trust increased its position in shares of Campbell’s by 21.4% during the third quarter. Parkside Financial Bank & Trust now owns 1,942 shares of the company’s stock worth $61,000 after purchasing an additional 342 shares in the last quarter. Keybank National Association OH increased its position in Campbell’s by 1.1% during the third quarter. Keybank National Association OH now owns 32,729 shares of the company’s stock worth $1,034,000 after buying an additional 353 shares during the period. New England Asset Management Inc. lifted its stake in Campbell’s by 0.6% in the first quarter. New England Asset Management Inc. now owns 64,690 shares of the company’s stock valued at $2,582,000 after buying an additional 370 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of Campbell’s by 1.9% in the second quarter. J.W. Cole Advisors Inc. now owns 19,920 shares of the company’s stock valued at $611,000 after acquiring an additional 375 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Campbell’s by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock valued at $1,913,000 after acquiring an additional 376 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

About Campbell’s

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.