Campbell’s’ (CPB) Neutral Rating Reiterated at DA Davidson

DA Davidson reaffirmed their neutral rating on shares of Campbell’s (NASDAQ:CPB) in a report published on Thursday,Benzinga reports. DA Davidson currently has a $30.00 price target on the stock.

Several other research firms have also commented on CPB. Jefferies Financial Group restated a “hold” rating and issued a $26.00 price objective on shares of Campbell’s in a research report on Monday, March 2nd. UBS Group cut their target price on shares of Campbell’s from $26.00 to $24.00 and set a “sell” rating for the company in a report on Friday, March 6th. Barclays decreased their target price on shares of Campbell’s from $27.00 to $23.00 and set an “underweight” rating for the company in a research note on Thursday. Royal Bank Of Canada lowered their price target on shares of Campbell’s from $35.00 to $30.00 and set a “sector perform” rating on the stock in a report on Wednesday, December 10th. Finally, Morgan Stanley cut their price objective on shares of Campbell’s from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Thursday. Two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $27.65.

Campbell’s Stock Performance

NASDAQ CPB opened at $21.71 on Thursday. The firm has a market capitalization of $6.47 billion, a P/E ratio of 11.86, a PEG ratio of 8.42 and a beta of -0.03. The stock has a 50-day simple moving average of $26.76 and a two-hundred day simple moving average of $29.35. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.34 and a current ratio of 1.01. Campbell’s has a fifty-two week low of $21.59 and a fifty-two week high of $40.59.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The company had revenue of $2.56 billion during the quarter. Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The firm’s revenue was down 4.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities analysts forecast that Campbell’s 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. Stockholders of record on Thursday, April 2nd will be given a $0.39 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.2%. Campbell’s’s payout ratio is 85.25%.

Insider Activity at Campbell’s

In other news, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction that occurred on 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 in the company, valued at $669,748.64. This trade represents a 9.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Charles A. Brawley III sold 11,550 shares of the 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 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 position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 19.78% of the company’s stock.

Hedge Funds Weigh In On Campbell’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Berkshire Asset Management LLC PA purchased a new position in Campbell’s in the 3rd quarter valued at about $1,270,000. Wedmont Private Capital increased its stake in Campbell’s by 840.4% during the 3rd quarter. Wedmont Private Capital now owns 68,808 shares of the company’s stock worth $2,141,000 after buying an additional 61,491 shares in the last quarter. XTX Topco Ltd purchased a new stake in Campbell’s during the 2nd quarter worth approximately $1,154,000. Rockefeller Capital Management L.P. acquired a new position in shares of Campbell’s during the second quarter valued at approximately $403,000. Finally, Massachusetts Financial Services Co. MA acquired a new position in shares of Campbell’s during the third quarter valued at approximately $77,940,000. 52.35% of the stock is owned by hedge funds and other institutional investors.

Campbell’s News Summary

Here are the key news stories impacting Campbell’s this week:

• Positive Sentiment: Appointment of Joshua Levine as Chief Investor Relations Officer could improve investor communication and help reset expectations. Campbell’s Appoints Joshua Levine Chief Investor Relations Officer
• Positive Sentiment: Sanford C. Bernstein kept an “outperform” stance (though cut its PT), signaling that some analysts still see upside from here. Bernstein Maintains Outperform
• Neutral Sentiment: DA Davidson reaffirmed coverage with a $30 price target, which implies significant upside but keeps a cautious posture. DA Davidson Reaffirms Neutral
• Neutral Sentiment: Several brokers trimmed price targets (Deutsche Bank to $23, Morgan Stanley to $25, Stifel to $25, RBC to $26) and shifted ratings to hold/sector perform — these are mixed signals that reduce near-term upside but stop short of broad sell recommendations. Analyst Price Target Changes
• Negative Sentiment: Q2 results disappointed: EPS missed, revenue fell ~5% Y/Y and organic sales declined ~3%; management lowered FY26 guidance (EPS range 2.15–2.25), prompting analysts to cut forecasts. This is the primary driver of the sell-side reaction. Campbell’s posts one of worst quarters
• Negative Sentiment: UBS moved to a “sell” rating and lowered its target to $20 — a direct negative catalyst because that PT sits below the current market price and signals increased downside from a major broker. UBS Downgrade
• Negative Sentiment: Wells Fargo downgraded CPB as part of a broader caution on packaged-food names, citing inflation, weak consumption and promotional pressure — adds sector-level headwinds to company-specific issues. Wells Fargo Downgrade
• Negative Sentiment: Analysts and market commentators describe the quarter as one of Campbell’s weakest in years; shares already gapped down after the print and analyst model cuts suggest pressure on near-term earnings and dividend coverage. Market Reaction to Weak Quarter

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.