SteelPeak Wealth LLC Acquires Shares of 26,794 The Campbell’s Company $CPB

SteelPeak Wealth LLC acquired a new stake in shares of The Campbell’s Company (NASDAQ:CPB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,794 shares of the company’s stock, valued at approximately $747,000.

A number of other hedge funds also recently made changes to their positions in the company. State Street Corp grew its holdings in Campbell’s by 1.3% during the 2nd quarter. State Street Corp now owns 11,960,359 shares of the company’s stock valued at $366,585,000 after buying an additional 149,679 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Campbell’s by 42.6% during the 3rd quarter. Invesco Ltd. now owns 7,995,733 shares of the company’s stock worth $252,505,000 after acquiring an additional 2,387,575 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Campbell’s by 16.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,546,957 shares of the company’s stock valued at $206,738,000 after acquiring an additional 928,843 shares during the last quarter. Two Sigma Investments LP boosted its position in shares of 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 acquiring an additional 4,159,398 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of 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 purchasing an additional 2,377,488 shares in the last quarter. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Campbell’s

In other Campbell’s news, EVP Anthony Sanzio sold 2,700 shares of the business’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 owned 25,264 shares in the company, valued at $669,748.64. The trade was a 9.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 19.78% of the stock is currently owned by insiders.

Campbell’s Price Performance

NASDAQ CPB opened at $22.01 on Monday. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. The company has a fifty day moving average of $25.27 and a two-hundred day moving average of $28.12. The firm has a market capitalization of $6.56 billion, a price-to-earnings ratio of 12.03 and a beta of 0.03. The Campbell’s Company has a 52 week low of $20.62 and a 52 week high of $40.44.

Campbell’s (NASDAQ:CPB) last announced its earnings results 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 firm had revenue of $2.56 billion during the quarter. Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter 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. On average, analysts predict that The Campbell’s Company will post 3.15 earnings per share for the current year.

Campbell’s Dividend Announcement

The company 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 $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio is 85.25%.

Analyst Upgrades and Downgrades

CPB has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Campbell’s from $23.00 to $20.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Stifel Nicolaus dropped their price objective on shares of Campbell’s from $30.00 to $25.00 and set a “hold” rating for the company in a research note on Thursday, March 12th. Royal Bank Of Canada reduced their target price on shares of Campbell’s from $30.00 to $26.00 and set a “sector perform” rating on the stock in a report on Thursday, March 12th. Jefferies Financial Group restated a “hold” rating and set a $26.00 target price on shares of Campbell’s in a research report on Monday, March 2nd. Finally, Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 5th. Two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, Campbell’s presently has an average rating of “Reduce” and an average target price of $27.47.

Campbell’s 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.