Stifel Nicolaus Issues Positive Forecast for Campbell’s (NASDAQ:CPB) Stock Price

Campbell’s (NASDAQ:CPB) had its price objective upped by Stifel Nicolaus from $20.00 to $22.00 in a research note published on Wednesday morning,Benzinga reports. They currently have a hold rating on the stock.

A number of other equities analysts also recently commented on the stock. Royal Bank Of Canada cut their target price on shares of Campbell’s from $23.00 to $21.00 and set a “sector perform” rating on the stock in a research note on Tuesday, June 9th. Wells Fargo & Company cut shares of Campbell’s from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $20.00 to $18.00 in a research report on Wednesday, April 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Campbell’s in a report on Tuesday, June 30th. BTIG Research reissued a “neutral” rating on shares of Campbell’s in a research report on Monday, June 8th. Finally, UBS Group reduced their price objective on Campbell’s from $19.00 to $17.00 and set a “sell” rating on the stock in a research note on Tuesday, June 9th. Twelve analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat.com, Campbell’s currently has an average rating of “Reduce” and a consensus price target of $22.00.

Campbell’s Stock Down 2.1%

Shares of NASDAQ:CPB opened at $21.88 on Wednesday. The stock has a 50-day simple moving average of $21.66 and a 200-day simple moving average of $23.31. The stock has a market capitalization of $6.52 billion, a P/E ratio of 10.83 and a beta of 0.02. Campbell’s has a 1 year low of $19.56 and a 1 year high of $34.17. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. The firm had revenue of $2.37 billion for the quarter. During the same quarter in the previous year, the business posted $0.22 EPS. The company’s quarterly revenue was down 4.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities analysts forecast that Campbell’s will post 2.18 earnings per share for the current year.

Campbell’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Thursday, July 2nd. Campbell’s’s payout ratio is presently 77.23%.

Institutional Investors Weigh In On Campbell’s

A number of large investors have recently added to or reduced their stakes in the company. Two Sigma Investments LP increased its stake in Campbell’s by 534.8% during 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 during the period. Brandywine Managers LLC purchased a new position in Campbell’s in the 4th quarter valued at about $92,793,000. Lazard Asset Management LLC acquired a new stake in shares of Campbell’s during the first quarter valued at about $61,261,000. Invesco Ltd. grew its stake in shares of 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 acquiring an additional 2,387,575 shares in the last quarter. Finally, UBS Group AG increased its position in shares of Campbell’s by 175.7% during the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock worth $117,823,000 after acquiring an additional 2,377,488 shares during the last quarter. 52.35% of the stock is owned by institutional investors and hedge funds.

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.