26,496 Shares in The Campbell’s Company $CPB Bought by IRON Financial LLC

IRON Financial LLC bought a new stake in shares of The Campbell’s Company (NASDAQ:CPB) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 26,496 shares of the company’s stock, valued at approximately $837,000.

Several other hedge funds have also made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Campbell’s by 3.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock valued at $777,000 after purchasing an additional 685 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Campbell’s by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock worth $26,369,000 after buying an additional 27,374 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Campbell’s in the 1st quarter valued at about $446,000. Woodline Partners LP lifted its holdings in Campbell’s by 40.9% during the 1st quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after buying an additional 4,827 shares during the last quarter. Finally, SageView Advisory Group LLC acquired a new position in Campbell’s in the first quarter worth $205,000. Institutional investors and hedge funds own 52.35% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. UBS Group decreased their target price on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a research report on Wednesday, December 10th. Sanford C. Bernstein decreased their price target on shares of Campbell’s from $39.00 to $33.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 10th. DA Davidson reiterated a “neutral” rating and issued a $30.00 target price on shares of Campbell’s in a report on Thursday, December 11th. Stifel Nicolaus reduced their price target on shares of Campbell’s from $34.00 to $30.00 and set a “hold” rating for the company in a research report on Wednesday, December 10th. Finally, Zacks Research raised Campbell’s from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Three research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Campbell’s presently has an average rating of “Reduce” and a consensus target price of $32.59.

Campbell’s Trading Down 0.1%

Shares of NASDAQ CPB opened at $26.43 on Friday. The company has a market cap of $7.88 billion, a PE ratio of 13.69, a P/E/G ratio of 9.25 and a beta of -0.04. The company has a current ratio of 0.82, a quick ratio of 0.34 and a debt-to-equity ratio of 1.54. The company has a 50-day moving average of $29.25 and a two-hundred day moving average of $30.95. The Campbell’s Company has a 1-year low of $25.62 and a 1-year high of $43.85.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.73 by $0.04. The company had revenue of $2.68 billion during the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. As a group, equities analysts expect that The Campbell’s Company will post 3.15 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 8th will be paid a $0.39 dividend. The ex-dividend date is Thursday, January 8th. This represents a $1.56 annualized dividend and a yield of 5.9%. Campbell’s’s payout ratio is presently 80.83%.

Insider Activity at Campbell’s

In other news, EVP Charles A. Brawley III sold 11,550 shares of the stock in a transaction dated Tuesday, December 30th. The shares were 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. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 19.78% of the stock is currently owned by corporate insiders.

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.