AlphaQuest LLC Sells 105,670 Shares of The Campbell’s Company $CPB

AlphaQuest LLC reduced its position in The Campbell’s Company (NASDAQ:CPB) by 98.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,229 shares of the company’s stock after selling 105,670 shares during the quarter. AlphaQuest LLC’s holdings in Campbell’s were worth $39,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. grew its stake in shares of Campbell’s by 66.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after acquiring an additional 385 shares during the period. Parvin Asset Management LLC purchased a new stake in Campbell’s during the second quarter valued at about $35,000. Geneos Wealth Management Inc. boosted its position in Campbell’s by 333.3% during 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 during the period. Kentucky Trust Co increased its stake in shares of Campbell’s by 40.0% in the third quarter. Kentucky Trust Co now owns 1,400 shares of the company’s stock worth $44,000 after purchasing an additional 400 shares in the last quarter. Finally, Country Trust Bank bought a new stake in shares of Campbell’s in the second quarter valued at approximately $46,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Insider Activity at Campbell’s

In other news, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction on Friday, January 9th. The shares were sold at an average price of $26.51, for a total value of $71,577.00. Following the transaction, the executive vice president owned 25,264 shares of the company’s stock, valued at $669,748.64. This represents a 9.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Charles A. Brawley III sold 11,550 shares of the firm’s stock in a transaction 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 sale, the executive vice president owned 43,777 shares in the company, valued at approximately $1,231,884.78. This trade represents a 20.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 19.78% of the company’s stock.

Campbell’s Trading Up 1.6%

Shares of CPB stock opened at $29.49 on Monday. The company has a market capitalization of $8.79 billion, a PE ratio of 15.28, a price-to-earnings-growth ratio of 10.35 and a beta of -0.04. The Campbell’s Company has a 52-week low of $25.62 and a 52-week high of $43.85. The business’s fifty day moving average is $27.74 and its 200 day moving average is $30.26. 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 earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. The business had revenue of $2.68 billion for the quarter. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The business’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. On average, equities research analysts anticipate that The Campbell’s Company will post 3.15 EPS for the current fiscal year.

Campbell’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 8th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Thursday, January 8th. Campbell’s’s dividend payout ratio (DPR) is currently 80.83%.

Analyst Ratings Changes

Several research firms recently commented on CPB. Stifel Nicolaus set a $30.00 price objective on shares of Campbell’s and gave the stock a “hold” rating in a report on Tuesday, December 9th. Royal Bank Of Canada dropped their target price on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating on the stock in a research report on Wednesday, December 10th. Stephens reduced their price target on Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a research report on Monday, December 8th. DA Davidson reissued a “neutral” rating and set a $30.00 price objective on shares of Campbell’s in a report on Thursday, December 11th. Finally, Wells Fargo & Company cut their target price on Campbell’s from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 10th. Three analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $32.29.

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.