The Campbell’s Company (NASDAQ:CPB) Receives Average Recommendation of “Reduce” from Brokerages

Shares of The Campbell’s Company (NASDAQ:CPB) have been given a consensus rating of “Reduce” by the twenty-two analysts that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $32.2941.

A number of brokerages have recently issued reports on CPB. Stephens cut their target price on Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Monday, December 8th. Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 5th. UBS Group cut their price objective on Campbell’s from $28.00 to $26.00 and set a “sell” rating on the stock in a report on Wednesday, December 10th. Barclays set a $27.00 price objective on shares of Campbell’s in a research note on Friday, January 16th. Finally, Wells Fargo & Company dropped 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 research report on Wednesday, December 10th.

Insider Buying and Selling

In other Campbell’s news, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the transaction, the executive vice president directly owned 43,777 shares in the company, valued at approximately $1,231,884.78. The trade was a 20.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Anthony Sanzio sold 2,700 shares of the business’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $26.51, for a total transaction of $71,577.00. Following the sale, the executive vice president directly owned 25,264 shares in the company, valued at approximately $669,748.64. This trade represents a 9.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 19.78% of the company’s stock.

Institutional Investors Weigh In On Campbell’s

Hedge funds have recently bought and sold shares of the business. State Street Corp increased its holdings in shares of Campbell’s by 1.3% in the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company’s stock valued at $366,585,000 after purchasing an additional 149,679 shares during the period. Dimensional Fund Advisors LP grew its position in Campbell’s by 26.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 8,305,417 shares of the company’s stock valued at $231,477,000 after purchasing an additional 1,758,460 shares in the last quarter. Invesco Ltd. grew its position in Campbell’s by 42.6% during the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock valued at $252,505,000 after purchasing an additional 2,387,575 shares in the last quarter. Geode Capital Management LLC increased its stake in Campbell’s by 2.2% in the 2nd quarter. Geode Capital Management LLC now owns 5,576,573 shares of the company’s stock valued at $170,279,000 after buying an additional 121,777 shares during the period. Finally, Two Sigma Investments LP lifted its position 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 buying an additional 4,159,398 shares in the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

Campbell’s Stock Performance

NASDAQ:CPB opened at $27.53 on Thursday. The company has a 50-day moving average of $27.70 and a 200-day moving average of $30.19. The firm has a market cap of $8.21 billion, a price-to-earnings ratio of 14.26, a price-to-earnings-growth ratio of 9.75 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. Campbell’s has a twelve month low of $25.62 and a twelve month high of $43.85.

Campbell’s (NASDAQ:CPB) last released its earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, beating the consensus estimate 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% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Analysts forecast that Campbell’s will post 3.15 earnings per share for the current fiscal year.

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.