The Campbell’s Company $CPB Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its holdings in The Campbell’s Company (NASDAQ:CPB) by 98.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,805 shares of the company’s stock after selling 504,654 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Campbell’s were worth $310,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. grew its position in Campbell’s by 1.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 19,920 shares of the company’s stock worth $611,000 after purchasing an additional 375 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Campbell’s by 22.4% in the second quarter. Farther Finance Advisors LLC now owns 2,102 shares of the company’s stock worth $64,000 after buying an additional 384 shares during the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of Campbell’s by 66.8% in the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after buying an additional 385 shares during the last quarter. ORG Partners LLC grew its holdings in Campbell’s by 77.3% during the second quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after acquiring an additional 395 shares during the period. Finally, Kentucky Trust Co raised its position in Campbell’s by 40.0% during the third quarter. Kentucky Trust Co now owns 1,400 shares of the company’s stock valued at $44,000 after acquiring an additional 400 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other 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 value of $71,577.00. Following the completion of the sale, the executive vice president directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 approximately $1,231,884.78. This represents a 20.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 19.78% of the stock is owned by corporate insiders.

Campbell’s Price Performance

NASDAQ:CPB opened at $26.46 on Wednesday. The Campbell’s Company has a 12 month low of $25.62 and a 12 month high of $43.85. The stock has a 50 day moving average of $28.69 and a two-hundred day moving average of $30.72. 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 firm has a market cap of $7.89 billion, a P/E ratio of 13.71, a price-to-earnings-growth ratio of 9.15 and a beta of -0.04.

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

Campbell’s Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Zacks Research raised shares of Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Stephens cut their price target on Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a research note on Monday, December 8th. UBS Group reduced their price target on Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a report on Wednesday, December 10th. Wells Fargo & Company dropped their price objective on Campbell’s from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 10th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $30.00 target price on shares of Campbell’s in a research note on Thursday, December 11th. Three analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, Campbell’s currently has a consensus rating of “Reduce” and a consensus target price of $32.29.

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.