Deutsche Bank Aktiengesellschaft Cuts Campbell’s (NASDAQ:CPB) Price Target to $23.00

Campbell’s (NASDAQ:CPB) had its price target lowered by Deutsche Bank Aktiengesellschaft from $28.00 to $23.00 in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has a hold rating on the stock.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings lowered shares of Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 5th. DA Davidson reiterated a “neutral” rating and issued a $30.00 price target on shares of Campbell’s in a research note on Thursday. Jefferies Financial Group reissued a “hold” rating and issued a $26.00 price objective on shares of Campbell’s in a report on Monday, March 2nd. Bank of America cut their price objective on Campbell’s from $26.00 to $23.00 and set an “underperform” rating on the stock in a research note on Thursday. Finally, Royal Bank Of Canada reduced their target price on Campbell’s from $30.00 to $26.00 and set a “sector perform” rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Campbell’s currently has a consensus rating of “Reduce” and an average price target of $27.65.

Campbell’s Stock Up 0.3%

Shares of NASDAQ:CPB opened at $21.71 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.34 and a debt-to-equity ratio of 1.66. The company has a fifty day simple moving average of $26.76 and a 200 day simple moving average of $29.35. The firm has a market cap of $6.47 billion, a PE ratio of 11.86, a price-to-earnings-growth ratio of 8.42 and a beta of -0.03. Campbell’s has a 12-month low of $21.59 and a 12-month high of $40.59.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.06). Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The company had revenue of $2.56 billion during the quarter. During the same quarter in the previous year, the company earned $0.74 earnings per share. Campbell’s’s quarterly revenue was down 4.5% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities research analysts anticipate that Campbell’s will post 3.15 EPS for the current fiscal year.

Campbell’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, April 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 7.2%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio is currently 85.25%.

Insider Activity

In related news, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $26.51, for a total transaction of $71,577.00. Following the sale, the executive vice president owned 25,264 shares in the company, valued at $669,748.64. This represents a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Charles A. Brawley III sold 11,550 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The stock was 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 directly owned 43,777 shares in the company, valued at $1,231,884.78. This represents a 20.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 19.78% of the stock is owned by corporate insiders.

Institutional Trading of Campbell’s

Several hedge funds have recently made changes to their positions in CPB. Two Sigma Investments LP boosted its position 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 valued at $155,916,000 after purchasing an additional 4,159,398 shares during the period. Brandywine Managers LLC acquired a new stake in Campbell’s in the fourth quarter worth $92,793,000. Massachusetts Financial Services Co. MA acquired a new stake in Campbell’s in the third quarter worth $77,940,000. Invesco Ltd. lifted its stake in Campbell’s by 42.6% in the third quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock valued at $252,505,000 after buying an additional 2,387,575 shares during the last quarter. Finally, UBS Group AG lifted its stake in Campbell’s by 175.7% in the third quarter. UBS Group AG now owns 3,730,947 shares of the company’s stock valued at $117,823,000 after buying an additional 2,377,488 shares during the last quarter. Institutional investors own 52.35% of the company’s stock.

Key Headlines Impacting Campbell’s

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

About Campbell’s

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.