UBS Group AG lowered its position in shares of The Campbell’s Company (NASDAQ:CPB – Free Report) by 33.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,477,964 shares of the company’s stock after selling 1,252,983 shares during the quarter. UBS Group AG’s holdings in Campbell’s were worth $69,061,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Stance Capital LLC acquired a new stake in shares of Campbell’s during the third quarter valued at approximately $27,000. Geneos Wealth Management Inc. raised its holdings in shares of Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of Campbell’s during the fourth quarter valued at approximately $29,000. IFP Advisors Inc acquired a new stake in shares of Campbell’s during the third quarter valued at approximately $37,000. Finally, Rothschild Investment LLC raised its holdings in shares of Campbell’s by 85.5% during the third quarter. Rothschild Investment LLC now owns 1,271 shares of the company’s stock valued at $40,000 after acquiring an additional 586 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently issued reports on CPB. Morgan Stanley cut their price target on shares of Campbell’s from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Thursday, April 23rd. DA Davidson reaffirmed a “neutral” rating and set a $30.00 price objective on shares of Campbell’s in a research report on Thursday, March 12th. BTIG Research started coverage on shares of Campbell’s in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Royal Bank Of Canada lowered their price objective on shares of Campbell’s from $30.00 to $26.00 and set a “sector perform” rating on the stock in a research report on Thursday, March 12th. Finally, BNP Paribas Exane lowered their price objective on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating on the stock in a research report on Thursday, April 9th. One analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and eight have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $26.06.
Campbell’s Price Performance
NASDAQ CPB opened at $20.50 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 0.51 and a debt-to-equity ratio of 1.66. The company has a fifty day simple moving average of $22.46 and a 200 day simple moving average of $26.65. The company has a market cap of $6.11 billion, a P/E ratio of 11.20 and a beta of 0.01. The Campbell’s Company has a 1 year low of $19.76 and a 1 year high of $36.16.
Campbell’s (NASDAQ:CPB – Get Free Report) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.06). The firm 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%.The company’s revenue for the quarter 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. On average, sell-side analysts predict that The Campbell’s Company will post 2.19 EPS for the current year.
Campbell’s Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, May 4th. Investors of record on Thursday, April 2nd were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend was Thursday, April 2nd. Campbell’s’s dividend payout ratio is currently 85.25%.
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.
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