The Campbell’s Company (NASDAQ:CPB – Get Free Report) EVP Anthony Sanzio sold 2,700 shares of Campbell’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $26.51, for a total value of $71,577.00. Following the sale, the executive vice president owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. This trade represents a 9.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Campbell’s Stock Down 0.2%
CPB stock opened at $26.39 on Tuesday. The company’s 50 day moving average is $29.18 and its 200 day moving average is $30.92. The stock has a market cap of $7.87 billion, a price-to-earnings ratio of 13.67, a price-to-earnings-growth ratio of 9.25 and a beta of -0.04. The company has a current ratio of 0.82, a quick ratio of 0.34 and a debt-to-equity ratio of 1.54. The Campbell’s Company has a 1-year low of $25.62 and a 1-year high of $43.85.
Campbell’s (NASDAQ:CPB – Get Free Report) last released its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. The business had revenue of $2.68 billion during the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. Campbell’s’s 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. Sell-side analysts predict that The Campbell’s Company will post 3.15 EPS for the current fiscal year.
Campbell’s Announces Dividend
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on CPB. DA Davidson reissued a “neutral” rating and set a $30.00 price objective on shares of Campbell’s in a report on Thursday, December 11th. Stephens decreased their price target on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a research note on Monday, December 8th. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Wells Fargo & Company reduced their target price on shares of Campbell’s from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 10th. Finally, Royal Bank Of Canada lowered their price target on shares of Campbell’s from $35.00 to $30.00 and set a “sector perform” rating for the company in a research note on Wednesday, December 10th. Three research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $32.59.
Get Our Latest Stock Analysis on CPB
Institutional Investors Weigh In On Campbell’s
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Two Sigma Investments LP grew its holdings in Campbell’s by 534.8% in the 3rd quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock worth $155,916,000 after acquiring an additional 4,159,398 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in shares of Campbell’s during the third quarter worth about $77,940,000. Invesco Ltd. grew its stake in shares of Campbell’s by 42.6% in the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock worth $252,505,000 after purchasing an additional 2,387,575 shares during the last quarter. UBS Group AG grew its stake in shares of Campbell’s by 175.7% in the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after purchasing an additional 2,377,488 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Campbell’s by 287.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,377,390 shares of the company’s stock valued at $75,078,000 after purchasing an additional 1,763,870 shares during the period. 52.35% of the stock is currently owned by institutional investors.
Campbell’s Company Profile
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.
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