Campbell’s (NASDAQ:CPB) Given New $20.00 Price Target at Stifel Nicolaus

Campbell’s (NASDAQ:CPB) had its target price trimmed by Stifel Nicolaus from $25.00 to $20.00 in a research report report published on Tuesday morning, Marketbeat Ratings reports. The firm currently has a hold rating on the stock.

CPB has been the topic of a number of other research reports. Jefferies Financial Group reiterated a “hold” rating and set a $26.00 price target on shares of Campbell’s in a research report on Monday, March 2nd. Morgan Stanley lowered their price target on Campbell’s from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 12th. Bank of America lowered their price target on Campbell’s from $26.00 to $23.00 and set an “underperform” rating on the stock in a research report on Thursday, March 12th. BTIG Research initiated coverage on Campbell’s in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Finally, Zacks Research downgraded Campbell’s from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 12th. Two analysts have rated the stock with a Buy rating, twelve have given a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $26.50.

Campbell’s Stock Down 1.6%

Shares of CPB opened at $20.91 on Tuesday. Campbell’s has a 52 week low of $19.76 and a 52 week high of $38.27. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of 11.43 and a beta of 0.03. The stock’s 50-day moving average price is $23.56 and its 200-day moving average price is $27.13.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The business had revenue of $2.56 billion for the quarter. Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The company’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, sell-side analysts predict that Campbell’s will post 2.2 EPS for the current year.

Campbell’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Thursday, April 2nd. Campbell’s’s dividend payout ratio (DPR) is 85.25%.

Hedge Funds Weigh In On Campbell’s

Hedge funds and other institutional investors have recently made changes to their positions in the company. Stance Capital LLC purchased a new position in shares of Campbell’s in the third quarter valued at approximately $27,000. Los Angeles Capital Management LLC purchased a new position in shares of Campbell’s in the fourth quarter valued at approximately $29,000. Geneos Wealth Management Inc. lifted its position in shares of Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares in the last quarter. Sittner & Nelson LLC purchased a new position in shares of Campbell’s in the fourth quarter valued at approximately $29,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Campbell’s in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

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.