Campbell’s (NASDAQ:CPB) Price Target Cut to $20.00 by Analysts at Deutsche Bank Aktiengesellschaft

Campbell’s (NASDAQ:CPB) had its price target lowered by Deutsche Bank Aktiengesellschaft from $23.00 to $20.00 in a research report sent to investors on Monday morning,Benzinga reports. The firm currently has a hold rating on the stock.

A number of other research firms also recently commented on CPB. TD Cowen decreased their price target on Campbell’s from $29.00 to $24.00 and set a “hold” rating for the company in a research note on Thursday, March 12th. UBS Group cut their price objective on Campbell’s from $24.00 to $20.00 and set a “sell” rating on the stock in a research note on Friday, March 13th. Barclays reduced their target price on Campbell’s from $27.00 to $23.00 and set an “underweight” rating on the stock in a report on Thursday, March 12th. Zacks Research downgraded Campbell’s from a “hold” rating to a “strong sell” rating in a report on Thursday, March 12th. Finally, Sanford C. Bernstein dropped their price target on Campbell’s from $33.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $27.47.

Campbell’s Trading Up 0.9%

CPB opened at $22.18 on Monday. Campbell’s has a 12-month low of $20.62 and a 12-month high of $40.59. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.01 and a quick ratio of 0.51. The stock has a market capitalization of $6.61 billion, a PE ratio of 12.12 and a beta of -0.02. The firm’s fifty day moving average price is $25.61 and its 200 day moving average price is $28.43.

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

Campbell’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be issued a $0.39 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 7.0%. Campbell’s’s dividend payout ratio (DPR) is currently 85.25%.

Insider Buying and Selling

In other news, EVP Anthony Sanzio sold 2,700 shares of the company’s 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 completion of the transaction, the executive vice president directly owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. This represents a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 19.78% of the stock is currently owned by insiders.

Institutional Trading of Campbell’s

Several hedge funds have recently made changes to their positions in CPB. State Street Corp increased its position in Campbell’s by 1.3% in the second quarter. State Street Corp now owns 11,960,359 shares of the company’s stock worth $366,585,000 after buying an additional 149,679 shares during the period. Invesco Ltd. lifted its stake in Campbell’s by 21.6% in the fourth quarter. Invesco Ltd. now owns 9,719,409 shares of the company’s stock valued at $270,880,000 after buying an additional 1,723,676 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Campbell’s by 26.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 8,305,417 shares of the company’s stock valued at $231,477,000 after acquiring an additional 1,758,460 shares during the period. Two Sigma Investments LP boosted its holdings in shares of Campbell’s by 534.8% during the third quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock valued at $155,916,000 after acquiring an additional 4,159,398 shares during the period. Finally, UBS Group AG grew 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. Institutional investors own 52.35% of the company’s stock.

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.