Brokerages Set The Campbell’s Company (NASDAQ:CPB) Target Price at $32.29

Shares of The Campbell’s Company (NASDAQ:CPB) have been assigned an average recommendation of “Reduce” from the twenty-two research firms that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $32.2941.

Several research firms recently commented on CPB. Zacks Research raised Campbell’s from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Weiss Ratings downgraded Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 5th. Sanford C. Bernstein lowered 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. Wells Fargo & Company dropped their price objective on shares of Campbell’s from $31.00 to $30.00 and set an “equal weight” rating for the company in a report on Wednesday, December 10th. Finally, Barclays set a $27.00 target price on shares of Campbell’s in a research note on Friday, January 16th.

Campbell’s Price Performance

Shares of CPB opened at $27.37 on Friday. The firm has a market capitalization of $8.16 billion, a PE ratio of 14.18, a price-to-earnings-growth ratio of 9.53 and a beta of -0.04. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. Campbell’s has a 1-year low of $25.62 and a 1-year high of $43.85. The company’s fifty day moving average price is $28.26 and its 200-day moving average price is $30.57.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.04. The firm 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%. Campbell’s’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, equities research analysts predict that Campbell’s will post 3.15 EPS for the current year.

Campbell’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 8th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Thursday, January 8th. Campbell’s’s dividend payout ratio (DPR) is currently 80.83%.

Insider Activity

In related news, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total value of $325,017.00. Following the completion of the transaction, the executive vice president owned 43,777 shares in the company, valued at $1,231,884.78. The trade was a 20.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction, the executive vice president owned 25,264 shares of the company’s stock, valued at $669,748.64. This trade represents a 9.66% decrease in their position. The disclosure for this sale is available in the SEC filing. 19.78% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Campbell’s

Several hedge funds have recently made changes to their positions in CPB. Two Sigma Investments LP grew its position in Campbell’s by 534.8% during the third quarter. Two Sigma Investments LP now owns 4,937,170 shares of the company’s stock worth $155,916,000 after buying an additional 4,159,398 shares during the period. Massachusetts Financial Services Co. MA purchased a new stake in shares of Campbell’s during the 3rd quarter worth approximately $77,940,000. Invesco Ltd. boosted its stake 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. UBS Group AG grew its holdings in shares of Campbell’s by 175.7% in the 3rd 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 period. Finally, Arrowstreet Capital Limited Partnership increased its stake in Campbell’s by 287.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,377,390 shares of the company’s stock valued at $75,078,000 after purchasing an additional 1,763,870 shares in the last quarter. Institutional investors and hedge funds 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.