Campbell’s (NASDAQ:CPB) Reaches New 1-Year Low Following Analyst Downgrade

The Campbell’s Company (NASDAQ:CPB) shares reached a new 52-week low during mid-day trading on Wednesday after Wells Fargo & Company lowered their price target on the stock from $30.00 to $28.00. Wells Fargo & Company currently has an equal weight rating on the stock. Campbell’s traded as low as $25.54 and last traded at $25.61, with a volume of 1913009 shares traded. The stock had previously closed at $26.05.

A number of other analysts have also recently commented on the company. DA Davidson reaffirmed a “neutral” rating and set a $30.00 price target on shares of Campbell’s in a research report on Thursday, December 11th. Royal Bank Of Canada cut their price objective on 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. UBS Group dropped their price objective on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a research note on Wednesday, December 10th. Sanford C. Bernstein lowered their price target on shares of Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 10th. Finally, Stephens lowered their price objective on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a research report on Monday, December 8th. Two research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $31.53.

Insider Activity

In other Campbell’s news, EVP Anthony Sanzio sold 2,700 shares of the firm’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total transaction of $71,577.00. Following the transaction, 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 ownership of the stock. 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 that occurred 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 owned 43,777 shares of the company’s stock, valued at approximately $1,231,884.78. This represents a 20.88% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 19.78% of the company’s stock.

Hedge Funds Weigh In On Campbell’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in CPB. State Street Corp lifted its stake in shares of Campbell’s by 1.3% in the second 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. Invesco Ltd. grew its stake in shares of Campbell’s by 21.6% in the fourth quarter. Invesco Ltd. now owns 9,719,409 shares of the company’s stock worth $270,880,000 after purchasing an additional 1,723,676 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Campbell’s by 26.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,305,417 shares of the company’s stock worth $231,477,000 after purchasing an additional 1,758,460 shares during the period. Geode Capital Management LLC lifted its position in shares of Campbell’s by 2.2% during the 2nd quarter. Geode Capital Management LLC now owns 5,576,573 shares of the company’s stock valued at $170,279,000 after acquiring an additional 121,777 shares during the last quarter. Finally, Two Sigma Investments LP boosted its stake 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 purchasing an additional 4,159,398 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Stock Down 3.7%

The business’s 50 day simple moving average is $27.33 and its 200-day simple moving average is $29.78. The company has a market cap of $7.48 billion, a price-to-earnings ratio of 13.00, a price-to-earnings-growth ratio of 9.15 and a beta of -0.03. 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) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. The company had revenue of $2.68 billion during the quarter. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The company’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. Sell-side analysts expect that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, April 2nd will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio (DPR) is presently 80.83%.

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.