Commerzbank Aktiengesellschaft FI Sells 47,579 Shares of The Campbell’s Company $CPB

Commerzbank Aktiengesellschaft FI decreased its position in The Campbell’s Company (NASDAQ:CPB) by 72.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,882 shares of the company’s stock after selling 47,579 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Campbell’s were worth $565,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Campbell’s by 3.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock valued at $777,000 after buying an additional 685 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Campbell’s by 4.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock worth $26,369,000 after acquiring an additional 27,374 shares in the last quarter. Empowered Funds LLC bought a new position in shares of Campbell’s during the 1st quarter worth approximately $446,000. Woodline Partners LP raised its holdings in shares of Campbell’s by 40.9% in the first quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock valued at $664,000 after purchasing an additional 4,827 shares during the last quarter. Finally, 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 worth $39,000 after purchasing an additional 750 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Anthony Sanzio sold 2,700 shares of the business’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $26.51, for a total value of $71,577.00. Following the completion of the sale, the executive vice president owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. The trade was a 9.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Charles A. Brawley III sold 11,550 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the completion of the transaction, the executive vice president owned 43,777 shares in the company, valued at $1,231,884.78. This trade represents a 20.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 19.78% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on CPB. 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 price objective on Campbell’s in a report on Friday, January 16th. Sanford C. Bernstein dropped their target price on Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a report on Wednesday, December 10th. Zacks Research raised Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Stifel Nicolaus set a $30.00 price target on Campbell’s and gave the stock a “hold” rating in a research report on Tuesday, December 9th. Three research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, Campbell’s currently has a consensus rating of “Reduce” and a consensus target price of $32.29.

Campbell’s Stock Up 1.3%

Shares of CPB opened at $27.14 on Tuesday. The firm has a market cap of $8.09 billion, a P/E ratio of 14.06, a price-to-earnings-growth ratio of 9.41 and a beta of -0.04. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.34 and a current ratio of 0.82. The Campbell’s Company has a 52 week low of $25.62 and a 52 week high of $43.85. The firm’s 50-day simple moving average is $28.34 and its 200 day simple moving average is $30.60.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The company had revenue of $2.68 billion during the quarter. The business’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. On average, analysts forecast that The Campbell’s Company will post 3.15 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, February 2nd. Stockholders of record on Thursday, January 8th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, January 8th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.7%. Campbell’s’s dividend payout ratio (DPR) is currently 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.