Vanguard Personalized Indexing Management LLC lifted its position in shares of The Campbell’s Company (NASDAQ:CPB – Free Report) by 59.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,633 shares of the company’s stock after acquiring an additional 24,441 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Campbell’s were worth $2,073,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust lifted its position in shares of Campbell’s by 21.4% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,942 shares of the company’s stock worth $61,000 after buying an additional 342 shares during the last quarter. J.W. Cole Advisors Inc. grew its position in shares of Campbell’s by 1.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 19,920 shares of the company’s stock valued at $611,000 after buying an additional 375 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Campbell’s by 22.4% during the second quarter. Farther Finance Advisors LLC now owns 2,102 shares of the company’s stock worth $64,000 after acquiring an additional 384 shares during the period. SBI Securities Co. Ltd. lifted its holdings in Campbell’s by 66.8% in the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after acquiring an additional 385 shares during the last quarter. Finally, Kentucky Trust Co lifted its holdings in Campbell’s by 40.0% in the third quarter. Kentucky Trust Co now owns 1,400 shares of the company’s stock worth $44,000 after acquiring an additional 400 shares during the last quarter. Institutional investors and hedge funds own 52.35% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on CPB shares. Stephens lowered their target price on Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a report on Monday, December 8th. Stifel Nicolaus set a $30.00 price objective on Campbell’s and gave the company a “hold” rating in a research report on Tuesday, December 9th. DA Davidson reaffirmed a “neutral” rating and issued a $30.00 target price on shares of Campbell’s in a research report on Thursday, December 11th. Barclays set a $27.00 target price on Campbell’s in a research note on Friday, January 16th. Finally, Weiss Ratings lowered shares of Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 5th. Three analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and six have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $32.29.
Campbell’s Trading Up 3.6%
Shares of CPB stock opened at $27.98 on Friday. The Campbell’s Company has a 1 year low of $25.62 and a 1 year high of $43.85. The firm has a market capitalization of $8.34 billion, a PE ratio of 14.50, a price-to-earnings-growth ratio of 9.48 and a beta of -0.04. The stock has a fifty day moving average of $28.04 and a two-hundred day moving average of $30.50. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.34 and a current ratio of 0.82.
Campbell’s (NASDAQ:CPB – Get Free Report) last issued its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.04. The business had revenue of $2.68 billion for the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The business’s quarterly 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, research analysts expect that The Campbell’s Company will post 3.15 EPS for the current year.
Campbell’s Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 8th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Thursday, January 8th. Campbell’s’s dividend payout ratio is 80.83%.
Insiders Place Their Bets
In other Campbell’s news, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the transaction, the executive vice president directly 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 document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Charles A. Brawley III sold 11,550 shares of the business’s stock in a transaction on Tuesday, December 30th. The stock was 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 in the company, valued at $1,231,884.78. This represents a 20.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 19.78% 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.
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